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RMGCW
Upturn stock ratingUpturn stock rating

RMG Acquisition Corp. III (RMGCW)

Upturn stock ratingUpturn stock rating
$0.04
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

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

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit -16.76%
Avg. Invested days 19
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 1.0
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

Key Highlights

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

Earnings Date

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

AI Summary

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.

About NVIDIA Corporation

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
Industry Shell Companies
Full time employees -
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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