Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Cartica Acquisition Corp Market Cap
The Cartica Acquisition Corp (CITE) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CITE. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for CITE is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedCITE 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cartica Acquisition Corp to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CITE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CITE.
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When did it IPO
2022
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Mr. Suresh Guduru
Market Cap
$93.2M
In 2023, CITE generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CITE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 24 Jun 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Nidar Infrastructure Limited and Cartica Acquisition Corp announced a merger agreement to combine their businesses, focusing on data center operations for AI and high-performance computing.
Why It Matters - The merger between Nidar and Cartica enhances exposure to the growing AI data center market, potentially boosting profitability and market share for investors in Cartica.
Fri, 22 Mar 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cartica Acquisition Corp will receive $40,000 monthly from its Sponsor to extend its business combination deadline to January 7, 2025, pending shareholder approval.
Why It Matters - Cartica's cash contributions to its trust account signal commitment to securing a business combination, potentially boosting investor confidence in the company's future prospects.
Fri, 16 Jun 2023
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cartica Acquisition Corp has rescheduled its extraordinary general meeting from June 23, 2023, at 1:00 p.m. ET to a new time, which has not been specified.
Why It Matters - The rescheduling of Cartica Acquisition Corp's meeting may signal potential changes or updates that could impact its strategic direction and investor sentiment.
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