Latch Inc., a New York-based building security software developer, is going public via a special purpose acquisition company (SPAC). Here's what we know so far about the deal.
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| Latest market close | $0.37 |
|---|---|
| 52-week range | $0.20 - $1.81 |
| 50-day moving average | $0.40 |
| 200-day moving average | $0.67 |
| Wall St. target price | $5.50 |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $-1.21 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $0.365 from 2024-07-23
| 1 week (2024-07-17) | -8.75% |
|---|---|
| 1 month (2024-06-24) | 14.03% |
| 3 months (2024-04-24) | -32.41% |
| 6 months (2024-01-24) | -50.00% |
| 1 year (2023-07-24) | -78.78% |
|---|---|
| 2 years (2022-07-22) | -70.80% |
| 3 years (2021-07-23) | 11.87 |
| 5 years (2019-07-20) | N/A |
| Revenue TTM | $48.4 million |
|---|---|
| Gross profit TTM | $-2,678,000 |
| Return on assets TTM | -40.6% |
| Return on equity TTM | -105.19% |
| Profit margin | 0% |
| Book value | $2.41 |
| Market Capitalization | $69.7 million |
TTM: trailing 12 months
We're not expecting Latch Inc to pay a dividend over the next 12 months.
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Over the last 12 months, Latch Inc's shares have ranged in value from as little as $0.2 up to $1.81. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Latch Inc's is 1.722. This would suggest that Latch Inc's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put Latch Inc's beta into context you can compare it against those of similar companies.
Latch, Inc. operates as an enterprise technology company in the United States and Canada. The company offers LatchOS, an operating system that extends smart access, delivery and guest management, smart home and sensors, connectivity, and personalization and services. Its software products include Latch Resident Mobile Applications, Latch Manager Web, and the Latch Manager Mobile Applications. The company also offers hardware devices that include M, C, and R series door-mounted access control products; Latch Intercom, which integrates into the Latch core access systems and allows audio and video calls for remote unlocking; Latch Camera, a dome camera; Latch Hub, a connectivity solution that enables smart access, smart home, and sensor devices at various buildings; and Latch Leak Detector, a solution to enable leak prevention, detection, and resolution for building owners and residents. In addition, it provides NFC unlock on Android that allows the user to unlock their door without even opening their phone; Latch Visitor Express, a contactless visitor entry system; and LatchID, an identification system. The company is headquartered in Olivette, Missouri.
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