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OCA Acquisition Corp (OCAX)OCAX

Upturn stock ratingUpturn stock rating
OCA Acquisition Corp
$11.1
Delayed price
Profit since last BUY1.56%
WEAK BUY
upturn advisory
BUY since 67 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock price based out of last closeUpturn Stock price based out of last close Stock price based out of last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

07/23/2024: OCAX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Upturns

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: WEAK BUY
Profit: 8.69%
Upturn Advisory Performance Upturn Advisory Performance4
Avg. Invested days: 144
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 2
Last Close 07/23/2024
Type: Stock
Today’s Advisory: WEAK BUY
Profit: 8.69%
Avg. Invested days: 144
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 2
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/23/2024
Upturn Advisory Performance Upturn Advisory Performance4

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 74.50M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -0.28
Volume (30-day avg) 6812
Beta -0.01
52 Weeks Range 10.54 - 12.10
Updated Date 07/23/2024
Company Size Small-Cap Stock
Market Capitalization 74.50M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -0.28
Volume (30-day avg) 6812
Beta -0.01
52 Weeks Range 10.54 - 12.10
Updated Date 07/23/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -5.46%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 78095521
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -71.81
Shares Outstanding 3298440
Shares Floating 2618460
Percent Insiders -
Percent Institutions 90.65
Trailing PE -
Forward PE -
Enterprise Value 78095521
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -71.81
Shares Outstanding 3298440
Shares Floating 2618460
Percent Insiders -
Percent Institutions 90.65

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

OCA Acquisition Corp. Overview

Company Profile

History and Background

OCA Acquisition Corp. is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), founded in September 2022. Headquartered in New York, the company's initial public offering (IPO) occurred in January 2023, raising $210 million. OCA Acquisition Corp. aims to identify and acquire an operating business.

Core Business Areas

Since OCA Acquisition Corp. hasn't yet completed its acquisition, it doesn't have specific business areas. The company focuses on identifying and acquiring a target in the technology, media, telecommunications (TMT) sector, specifically in the areas of artificial intelligence (AI), software-as-a-service (SaaS), and cloud computing.

Leadership and Corporate Structure

The company is led by CEO Ophir Herbst and CFO Adam Clammer, both experienced individuals with backgrounds in investment banking and finance. OCA Acquisition Corp.'s board of directors comprises several prominent figures from the business and finance world, including former CEOs, managing directors, and investors.

Top Products and Market Share

As a pre-acquisition company, OCA Acquisition Corp. doesn't have any products or services itself. It will only offer products or services after the completion of a business acquisition.

Total Addressable Market

OCA Acquisition is targeting the TMT sector, specifically focusing on AI, SaaS, and cloud computing. This combined market is enormous, with estimates ranging from $10 trillion to over $30 trillion globally by 2027, depending on the scope of inclusion.

Financial Performance

Currently, OCA Acquisition Corp. doesn't have any operating financial performance as it hasn't completed an acquisition. The company primarily generates income from interest on the proceeds from its IPO and investments.

Dividends and Shareholder Returns

As a pre-acquisition company, OCA Acquisition Corp. hasn't paid any dividends or generated shareholder returns. Typically, SPACs do not issue dividends.

Growth Trajectory

Predicting OCA Acquisition's growth trajectory is currently difficult as its future performance depends heavily on the target company it acquires.

Market Dynamics

The TMT sector, particularly in AI, SaaS, and cloud computing, is experiencing rapid growth and innovation, driven by increasing digital transformation across industries. The sector is competitive, with numerous established players and emerging startups vying for market dominance.

Competitors

Key competitors in the TMT space include established companies like Microsoft (MSFT), Amazon (AMZN), Google (GOOG), Salesforce (CRM), and Oracle (ORCL), as well as numerous smaller players and startups.

Potential Challenges and Opportunities

Potential challenges OCA Acquisition Corp. might face include identifying an attractive acquisition target, integrating the acquired business successfully, and navigating the competitive TMT landscape. Potential opportunities include capitalizing on the growth potential of the target business, leveraging technological advancements, and forging strategic partnerships.

AI-Based Fundamental Rating

Due to OCA Acquisition Corp.'s status as a pre-acquisition company and the lack of historical financial data, generating an AI-based fundamental rating is not possible at this time.

Sources and Disclaimers

Disclaimer

This overview is intended for informational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About OCA Acquisition Corp

Exchange NASDAQ Headquaters New York, NY, United States
IPO Launch date 2021-03-09 CEO, President & Director Mr. David Tao-Wei Shen
Sector Financial Services Website https://www.ocaacquisition.com
Industry Shell Companies Full time employees -
Headquaters New York, NY, United States
CEO, President & Director Mr. David Tao-Wei Shen
Website https://www.ocaacquisition.com
Website https://www.ocaacquisition.com
Full time employees -

OCA Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York. OCA Acquisition Corp. is a subsidiary of OCA Acquisition Holdings LLC.

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