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Asset logo for symbol FRLAW
Fortune Rise Acquisition
FRLAW3
$0.04arrow_drop_up155.42%$0.02
Penny Stock
Asset logo for symbol FRLAW
FRLAW3

$0.04

arrow_drop_up155.42%

Performance History

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Key Stats
Open$0.01
Prev. Close$0.01
EPS-
DividendNon-Dividend
Next Earnings Date-
Dividend Yield %-
Market Cap$0.00
PE Ratio-
LOWHIGH
Day Range0.01
0.04
52 Week Range0.01
0.06
Ratios
Revenue-
EBITDA Margin %-
EPS-

Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About Fortune Rise Acquisition (FRLAW)

Fortune Rise Acquisition Corp. (FRLAW) is a special purpose acquisition company (SPAC) that focuses on acquiring and merging with other companies in various industries. As a SPAC, Fortune Rise Acquisition Corp. does not have any established business operations of its own. Instead, it raises funds through an initial public offering (IPO) and uses those funds to seek out promising acquisition opportunities. Once a suitable target company is identified, Fortune Rise Acquisition Corp. enters into a merger or acquisition agreement to bring the target company under its corporate umbrella.
The stock price history of Fortune Rise Acquisition Corp. can be influenced by various factors, including market conditions, investor sentiment, and the performance of the target company. Investors should carefully monitor these factors and conduct thorough stock analysis before making any investment decisions. Fortune Rise Acquisition Corp. (FRLAW) also provides regular stock news updates to keep investors informed about recent developments and announcements. This can help investors stay up to date with the company's progress and make better-informed investment decisions.
Sector
Industry
CEO
Headquarters
Employees
0
Exchange
NASDAQ
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Frequently Asked Questions

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What is the market capitalization of Fortune Rise Acquisition (FRLAW)?

Fortune Rise Acquisition (FRLAW) has a market capitalization of $0. The average daily trading volume is 0.02, indicating the stock's liquidity and investor engagement.
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What is Fortune Rise Acquisition's (FRLAW) price per share?

The current price per share for Fortune Rise Acquisition (FRLAW) is $0.04. The stock has seen a price change of $0.03 recently, indicating a 0% change. This reflects the stock's recent market performance and investor sentiment.
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What is the 52-week high and low for Fortune Rise Acquisition (FRLAW)?

For Fortune Rise Acquisition (FRLAW), the 52-week high is $0.06, which is 34.23% from the current price. The 52-week low is $0.01, the current price is 243.85% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.
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Is Fortune Rise Acquisition (FRLAW) a growth stock?

Fortune Rise Acquisition (FRLAW) has shown an average price growth of -6.8% over the past three years. It has received a score of 0 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Fortune Rise Acquisition as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.
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What is Fortune Rise Acquisition (FRLAW) stock price performance year to date (YTD)?

As of the latest data, Fortune Rise Acquisition (FRLAW) has a year-to-date price change of . Over the last three months, the change has been 103.18%. Over the past six months, the figure is 65.56%.
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Is Fortune Rise Acquisition (FRLAW) a profitable company?

Fortune Rise Acquisition (FRLAW) has a net income of -$351.7K, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 0% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at , although specific revenue growth data is currently not available. Operating income is noted at -$2.2M. Furthermore, the EBITDA is $0.

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