/IGNY

IGNY Stock - Ignyte Acquisition Corp.

Q: What is the analyst price target for IGNY?

Analyst price target information is not currently available for IGNY.

Q: What is IGNY's market cap?

Market capitalization information is not currently available for IGNY.

Financial Services|Shell Companies|NASDAQ

$13.05+14.57%

+$1.66 (+14.57%) • Nov 2

GoAI Score

Weighted average: Momentum (25%) + Sentiment (35%) + Risk (20%) + Value (20%). ≥70 = BUY, ≤35 = SELL.

BUY

Medium Confidence

Momentum

Momentum Score

Based on price vs 50-day MA (40%), 200-day MA (40%), and MA crossover (20%). Higher = stronger uptrend.

Sentiment

Sentiment Score

Based on analyst price target upside. 50 = neutral, 100 = very bullish (25%+ upside expected).

Risk Score

Based on stock beta (volatility). Higher score = lower risk. Red (<40) = high volatility, Green (>60) = stable.

Price Target

Average analyst price target from the last quarter. Shows expected upside/downside from current price.

+10.0%upside

Target: $14.36

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Financial Statements

Revenue & Profitability Trend

FY2021

FY2022

FY2023

Revenue

Net Income (Profit)

Net Loss

Key Metrics

Market CapN/A

P/E RatioN/A

Beta0.00

52W High$15.00

52W Low$8.62

Avg VolumeN/A

Income Statement (Fiscal Year)

Metric	FY2023	FY2022	FY2021
Revenue	$367,877	$607,681	N/A
Gross Profit	$-3,146,000	$607,681	$-969,000
Gross Margin	-855.2%	100.0%	N/A
Operating Income	$-13,066,000	$-13,063,000	$-969,000
Net Income	$-12,826,000	$-13,237,000	$-6,690
Net Margin	-3486.5%	-2178.3%	N/A
EPS	$-0.61	$-0.75	$-0.00

Company Overview

Ignyte Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus on target businesses in the life sciences, biotechnology, and healthcare sectors. Ignyte Acquisition Corp. was incorporated in 2020 and is based in New York, New York.

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Frequently Asked Questions about IGNY

What is IGNY's current stock price?

Ignyte Acquisition Corp. (IGNY) is currently trading at $13.05 per share. The stock has moved +14.57% today.

What is the analyst price target for IGNY?

No analyst price targets are currently available for this stock.

What sector is Ignyte Acquisition Corp. in?

Ignyte Acquisition Corp. operates in the Financial Services sector, specifically within the Shell Companies industry. The company is traded on the NASDAQ exchange.

What is IGNY's market cap?

Ignyte Acquisition Corp. has a market capitalization of $0.26 billion, making it a small-cap company.

Does IGNY pay dividends?

No, Ignyte Acquisition Corp. does not currently pay a dividend to shareholders.