What does the sprq deal mean for sunlight energy's stock?
The SPRQ deal is set to give Sunlight a pro forma equity value of $1.3 billion. In a one-pager shared after announcing the PIPE in Sunlight, Palihapitiya stated that the U.S. residential solar industry's annual total addressable market is worth $11 billion. It grew by 31 percent between 2017 and 2020.
Why is the sprq SPAC stock in bearish territory?
After falling more than 20 percent, the SPRQ SPAC's stock is in bearish territory. Two things could be behind the sell-off. First, almost all green energy stocks have seen selling pressure as investors are growing apprehensive of their soaring valuations.
Will Spartan acquisition (sprq) SPAC gain on sunlight financial merger?
The Spartan Acquisition (SPRQ) SPAC (special purpose acquisition company), which has announced a merger with Sunlight Financial, saw its stock gain 2.8 percent on Feb. 19. However, the stock is down more than 22 percent from its 52-week high of $16.66.
Is Spartan Acquisition Corp. II a buy right now?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spartan Acquisition Corp. II in the last twelve months. There are currentl...
What price target have analysts set for SPRQ?
1 analysts have issued 12-month price objectives for Spartan Acquisition Corp. II's shares. Their forecasts range from $15.00 to $15.00. On average...
Who are Spartan Acquisition Corp. II's key executives?
Spartan Acquisition Corp. II's management team includes the following people: Mr. Geoffrey D. Strong , CEO & Non Independent Chairman (Age 46) M...
Who are some of Spartan Acquisition Corp. II's key competitors?
Some companies that are related to Spartan Acquisition Corp. II include Sunlight Financial (SUNL) , Pioneer Merger (PACX) , America First Multif...
What is Spartan Acquisition Corp. II's stock symbol?
Spartan Acquisition Corp. II trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPRQ."
What is Spartan Acquisition Corp. II's stock price today?
One share of SPRQ stock can currently be purchased for approximately $4.28.
How much money does Spartan Acquisition Corp. II make?
Spartan Acquisition Corp. II has a market capitalization of $147.66 million.
How many employees does Spartan Acquisition Corp. II have?
Spartan Acquisition Corp. II employs 1,700 workers across the globe.
What is Spartan Acquisition Corp. II's official website?
The official website for Spartan Acquisition Corp. II is www.spartanspacii.com .
SPARQ Corp. Virtually Closes the Market
Praveen Jain, Chief Executive SPARQ Corp. ("SPARQ" or the "Company") (TSXV:SPRQ) and his team joined Dani Lipkin, Director, Global Business Development, Toronto Stock Exchange, to celebrate the Company's new listing on TSX Venture Exchange and close the market.
Ribbon Communications Reports Preliminary Fourth Quarter 2021 Financial Results
Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real-time communications software and IP optical transport solutions to service providers, enterprises, and critical infrastructure sectors, today announced preliminary financial results for the fourth quarter of 2021.
SPARQ Corp. (Formerly MJ Innovation Capital Corp.) Announces Resumption of Trading
Toronto, Ontario-- (Newsfile Corp. - January 6, 2022) - SPARQ Corp.
Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Spartan Acquisition Corp.
Support, Risk & Stop-loss
Spartan Acquisition Corp. II finds support from accumulated volume at $3.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Spartan Acquisition Corp. II stock A Buy?
Spartan Acquisition Corp. II holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Insiders are very positive buying more shares than they are selling in Spartan Acquisition Corp. II
In the last 33 trades there were 53 million shares bought and 8.77 million shares sold. The last trade was done 159 days ago by Edinburg Barry who bough 37.5 thousand shares. The large amount of stocks bought compared to stocks sold indicate that the insiders believe there is a potential good upside.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
Spartan Acquisition Corp. II (NYSE:SPRQ) Price Target and Consensus Rating
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Price Target Consensus
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Analyst Ratings By Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Average Share Price and Price Target by Month
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.
Spartan Acquisition Corp. II (NYSE:SPRQ) Analyst Ratings Frequently Asked Questions
According to the issued ratings of 1 analysts in the last year, the consensus rating for Spartan Acquisition Corp. II stock is Buy based on the current 1 buy rating for SPRQ. The average twelve-month price target for Spartan Acquisition Corp. II is $15.00 with a high price target of $15.00 and a low price target of $15.00.
Key details of the SPRQ–Sunlight Financial merger
The SPRQ–Sunlight Financial merger is expected to happen in the second half of 2021. The merger is subject to shareholder approval, which, in most cases, is more of a formality. However, there have been instances where SPACs have failed to merge—in 2020, TGI Fridays terminated its merger agreement with Allegro Merger .
Is Sunlight a good merger target for SPRQ?
Sunlight, a fintech platform, provides point-of-sale financing capabilities for residential solar contractors. In its filing in Jan. 2021, the company said that it had originated $3.5 billion in loans. Sunlight also revealed that it's profitable, which sets it apart from many other companies going public through a SPAC.
Outlook for Sunlight Financial
Sunlight, a niche play on the U.S. solar market, has a positive outlook given the Biden administration’s impetus toward green energy. As more people turn to solar energy, Sunlight Financial's demand is sure to grow.
Should you buy the dip in SPRQ SPAC stock?
After falling more than 20 percent, the SPRQ SPAC's stock is in bearish territory. Two things could be behind the sell-off. First, almost all green energy stocks have seen selling pressure as investors are growing apprehensive of their soaring valuations.
