Canna-Global Acquisition Corp. (CNGL)
(Delayed Data from OTC)
$11.00 USD
0.00 (0.00%)
Updated Sep 23, 2024 02:40 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental Charts
About Price to Cash Flow
The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Like the P/E ratio, a lower number is considered better. A value under 20 is generally considered good.
CNGL 11.00 0.00(0.00%)
Will CNGL be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for CNGL based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for CNGL
Meteora Capital, LLC Adjusts Position in Canna Global Acquisition Corp
Canna-Global Acquisition Corp. Announces Signing a Letter of Intent for a Merger with Invest Inc.
Liqueous LP Clarifies False or Misleading Details in Recent Press Releases and SEC Filings related to Canna-Global Acquisition Corp (CNGL)
Nasdaq Halts Canna-Global Acquisition Corp
Canna-Global Acquisition Corp trading halted, news pending