Cartesian Growth Stock Today
RENE Stock | USD 11.66 0.01 0.09% |
Performance15 of 100
| Odds Of DistressLess than 24
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Cartesian Growth is trading at 11.66 as of the 22nd of December 2024, a 0.09 percent up since the beginning of the trading day. The stock's lowest day price was 11.66. Cartesian Growth has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. The performance scores are derived for the period starting the 22nd of November 2024 and ending today, the 22nd of December 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 8th of July 2022 | Classification Financials |
Cartesian Growth is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 13 M outstanding shares of which 307 shares are at this time shorted by private and institutional investors with about 0.01 trading days to cover. More on Cartesian Growth
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Cartesian Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
Chairman CEO | Peter Yu | |||||||||||||||||||||||||||||||||||||||||||||
Old Name | ReNeuron Group plc | |||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Asset Management & Custody Banks, Financial Services, PSI 20 Stock, PSI All Share, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Cartesian Growth can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cartesian Growth's financial leverage. It provides some insight into what part of Cartesian Growth's total assets is financed by creditors. |
Cartesian Growth (RENE) is traded on NASDAQ Exchange in USA. It is located in 505 Fifth Avenue, New York, NY, United States, 10017 and employs 4 people. Cartesian Growth is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 151.58 M. Cartesian Growth conducts business under Capital Markets sector and is part of Financials industry. The entity has 13 M outstanding shares of which 307 shares are at this time shorted by private and institutional investors with about 0.01 trading days to cover.
Cartesian Growth generates negative cash flow from operations
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Ownership AllocationThe market capitalization of Cartesian Growth is $151.58 Million. The majority of Cartesian Growth outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cartesian Growth to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cartesian Growth. Please pay attention to any change in the institutional holdings of Cartesian Growth as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
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Cartesian Growth Historical Income Statement
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Cartesian Growth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Cartesian Stock refer to our How to Trade Cartesian Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cartesian Growth. If investors know Cartesian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cartesian Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Earnings Share 0.44 | Return On Assets (0.01) |
The market value of Cartesian Growth is measured differently than its book value, which is the value of Cartesian that is recorded on the company's balance sheet. Investors also form their own opinion of Cartesian Growth's value that differs from its market value or its book value, called intrinsic value, which is Cartesian Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cartesian Growth's market value can be influenced by many factors that don't directly affect Cartesian Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cartesian Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartesian Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartesian Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.