Is Pine Island Acquisition's Stock a buy for dividend growth?
Pine Island Acquisition does not have a long track record of dividend growth. In the past three months, Pine Island Acquisition insiders have not sold or bought any company stock. Only 35.21% of the stock of Pine Island Acquisition is held by institutions. Pine Island Acquisition has a P/B Ratio of 12.99.
Where can I buy shares of Pipp?
Shares of PIPP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
Will Pine Island acquisition (Pipp) outperform or underperform the S&P 500?
Vote “Outperform” if you believe PIPP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PIPP will underperform the S&P 500 over the long term. You may vote once every thirty days. Pine Island Acquisition does not currently pay a dividend. Pine Island Acquisition does not have a long track record of dividend growth.
When will Pine Island acquire units?
Is Pine Island Acquisition Corp. a non-compliance company?
Pine Island Acquisition Corp. (NYSE: PIPP.U) (the "Company") today announced that, commencing on January 7, 2021, holders of the units (the "Units") sold in the Company's initial public offering may elect to separately trade shares of the Company's Class A common stock (the "Common Stock") and warrants (the "Warrants") included in the Units.
About Pine Island Acquisition
Pine Island Acquisition Corp. (the "Company") announced today that it received a non-compliance notice from the New York Stock Exchange (the "NYSE") relating to the Company’s delay in filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 as it seeks to comply with recently issued guidance by the Securities and Exchange Commission ("SEC") related to the accounting treatment of warrants. This notice from NYSE has no effect on the listing of the Company’s securities on the NYSE. Given the scope of the valuation process for calculating the fair value of the Warrant liabilities described below in accordance with the SEC Staff Statement, the Company is not in a position to file the Q1 2021 Form 10-Q until after the completion of this process. The Company continues to work diligently to complete the Q1 2021 Form 10-Q as soon as possible.
0.0 Analyst's Opinion
Pine Island Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the defense, government service, and aerospace industries.
Are investors shorting Pine Island Acquisition?
Pine Island Acquisition has received 1 “outperform” votes. (Add your “outperform” vote.)
Who are some of Pine Island Acquisition's key competitors?
Pine Island Acquisition saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 317,100 shares, an increase of 42.7% from the January 15th total of 222,200 shares. Based on an average daily volume of 288,500 shares, the short-interest ratio is presently 1.1 days.
What is Pine Island Acquisition's stock symbol?
Some companies that are related to Pine Island Acquisition include FTAC Hera Acquisition (HERA), Compute Health Acquisition (CPUH), Bain Capital Specialty Finance (BCSF), Cohn Robbins (CRHC), Lilium (LILM), Apollo Strategic Growth Capital (APSG), Tritium DCFC (DCFC), CONX (CONX), BRC (BRCC), Pontem (PNTM), Apollo Strategic Growth Capital II (APGB), Inspirato (ISPO), Paya (PAYA), CC Neuberger Principal Holdings II (PRPB) and SilverBox Engaged Merger Corp I (SBEA). View all of PIPP's competitors..
Who are Pine Island Acquisition's major shareholders?
Pine Island Acquisition trades on the New York Stock Exchange (NYSE) under the ticker symbol "PIPP."
Which institutional investors are selling Pine Island Acquisition stock?
Pine Island Acquisition's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include D. E. Shaw & Co. Inc. (3.92%), Marshall Wace LLP (3.14%), Context Capital Management LLC (1.48%), Bank of Montreal Can (1.28%), Citadel Advisors LLC (0.00%) and Saba Capital Management L.P. (0.57%).
