GigCapital2 (GIX) Stock Price, News & Analysis

Company Overview

GigCapital2, Inc. is a blank check company. It intends to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is headquartered in Palo Alto, California.

Key Stats

• Today's Range: $9.99 to $9.99
• 50-Day Range: $9.92 to $10.00
• 52-Week Range: $9.80 to $9.99
• Volume: 6 shs
• Average Volume: 112,762 shs
• Market Capitalization: $197.92 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

GigCapital2 Stock Analysis - MarketRank™

GigCapital2 scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.7 / 5
• Analyst Rating: Sell

Consensus Rating

GigCapital2 has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

GigCapital2 has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

GigCapital2 has a P/B Ratio of 45.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.02% of the float of GigCapital2 has been sold short.

Short Interest Ratio / Days to Cover

GigCapital2 has a short interest ratio ("days to cover") of 0.02, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GigCapital2 has recently increased by 16.39%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GigCapital2 does not currently pay a dividend.

Dividend Growth

GigCapital2 does not have a long track record of dividend growth.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: N/A

News Sentiment

GigCapital2 has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of companies.

News Coverage This Week

MarketBeat has tracked 1 news article for GigCapital2 this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, GigCapital2 insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.77% of the stock of GigCapital2 is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

43.42% of the stock of GigCapital2 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: NASDAQ:GIX
• CIK: 2098712
• Web: www.gigcapitalglobal.com
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$4.13 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -102.97%
• Return on Assets: -3.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.05
• Quick Ratio: 0.05

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.22 per share
• Price / Book: 45.41

Miscellaneous

• Outstanding Shares: 19,812,000
• Free Float: N/A
• Market Cap: $197.92 million
• Optionable: Not Optionable
• Beta: 0.08