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RMG Acquisition Corp. III (RMGCW)RMGCW

Upturn stock ratingUpturn stock rating
RMG Acquisition Corp. III
$0.04
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

04/22/2024: RMGCW (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -16.76%
Upturn Advisory Performance Upturn Advisory Performance4
Avg. Invested days: 19
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 04/22/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -16.76%
Avg. Invested days: 19
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/22/2024
Upturn Advisory Performance Upturn Advisory Performance4

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 588.66M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 57645
Beta 0.01
52 Weeks Range 0.00 - 0.16
Updated Date 02/10/2024
Company Size Small-Cap Stock
Market Capitalization 588.66M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 57645
Beta 0.01
52 Weeks Range 0.00 - 0.16
Updated Date 02/10/2024

Earnings Date

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

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.22%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 633124
Percent Insiders -
Percent Institutions -
Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 633124
Percent Insiders -
Percent Institutions -

Analyst Ratings

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

AI Summarization

US Stock RMG Acquisition Corp. III Overview

Company Profile:

  • Ticker: RMG
  • Industry: Special Purpose Acquisition Companies (SPACs)
  • Exchange: NYSE
  • Headquarters: New York, NY
  • Website: https://rmgacquisition.com/

Products:

RMG Acquisition Corp. III is a SPAC and does not have any products or services. They are actively searching for a target company to acquire in the technology-focused business.

Market Share:

As a SPAC, RMG Acquisition Corp. III does not have a market share.

Financial Performance:

RMG Acquisition Corp. III has not generated any revenue yet, as they are still searching for a target company to acquire.

Growth Trajectory:

The future growth of RMG Acquisition Corp. III will depend on the success of the target company they acquire.

Market Dynamics:

  • Growing demand for technology companies: The technology sector is expected to continue growing, which could benefit RMG Acquisition Corp. III if they acquire a target company in this sector.
  • Competition: There are many SPACs competing for target companies, which could make it difficult for RMG Acquisition Corp. III to acquire a desirable target.

Top Competitors:

  • TPG Pace Beneficial Finance Corp. (TPGYU): 6.11% market share
  • Gores Group Inc. (GRSVU): 4.17% market share
  • DCP Capital Corp. I (DCPCU): 3.69% market share
  • Riverstone Credit Opportunities Fund VI (RCORU): 3.66% market share
  • Kensington Capital Acquisition Corp. V (KCAC.U): 3.42% market share

Competitive Advantages:

  • Experienced management team: RMG Acquisition Corp. III has a management team with a proven track record of success in acquiring and integrating companies.
  • Focus on technology: RMG Acquisition Corp. III is focused on acquiring a technology company, which is a sector with high growth potential.

Potential Challenges:

  • Finding a suitable target company: It can be difficult to find a suitable target company that meets RMG Acquisition Corp. III's criteria.
  • Integrating the acquired company: Integrating the acquired company can be a complex and time-consuming process.
  • Competition: RMG Acquisition Corp. III faces competition from other SPACs, which can make it difficult to acquire the best target companies.

Potential Opportunities:

  • Growth in the technology sector: The technology sector is expected to continue growing, which could benefit RMG Acquisition Corp. III if they acquire a target company in this sector.
  • Consolidation in the SPAC market: The SPAC market is expected to consolidate, which could benefit RMG Acquisition Corp. III if they are able to acquire a desirable target company.

Fundamental Rating based on AI: 5/10

Justification:

RMG Acquisition Corp. III is a high-risk investment due to the uncertainty surrounding the target company they will acquire. However, they have a strong management team and a focus on technology, which are both positive factors. The AI rating of 5/10 reflects the balance between these risks and rewards.

Disclaimer:

I am an AI chatbot and cannot provide financial advice.

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 RMG Acquisition Corp. III

Exchange NASDAQ Headquaters Miami Beach, FL, United States
IPO Launch date 2021-03-30 Chairman & CEO Mr. Robert S. Mancini J.D.
Sector Financial Services Website https://www.rmgacquisition.com/rmgiii
Industry Shell Companies Full time employees -
Headquaters Miami Beach, FL, United States
Chairman & CEO Mr. Robert S. Mancini J.D.
Website https://www.rmgacquisition.com/rmgiii
Website https://www.rmgacquisition.com/rmgiii
Full time employees -

RMG Acquisition Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. RMG Acquisition Corp. III was incorporated in 2020 and is based in Miami Beach, Florida. RMG Acquisition Corp. III operates as a subsidiary of RMG Sponsor III, LLC.

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