Conx Corp Stock Today
| CONX Stock | USD 10.59 0.01 0.09% |
Performance0 of 100
| Odds Of DistressLess than 8
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CONX Corp is trading at 10.59 as of the 24th of April 2024; that is -0.09 percent decrease since the beginning of the trading day. The stock's open price was 10.6. CONX Corp has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for CONX Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 21st of December 2020 | Classification Financials |
The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. CONX Corp. was incorporated in 2020 and is based in Littleton, Colorado. The company has 2.12 M outstanding shares of which 8.51 K shares are currently shorted by private and institutional investors with about 6.55 trading days to cover. More on CONX Corp
Moving against CONX Stock
| 0.44 | OWL | Blue Owl Capital Financial Report 2nd of May 2024 | PairCorr |
| 0.43 | PWP | Perella Weinberg Partners | PairCorr |
| 0.41 | SF | Stifel Financial Earnings Call Today | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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CONX Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CONX Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CONX Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Secretary CEO | Kyle Kiser | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of CONX Corp's profitability, liquidity, and operating efficiency, CONX Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of CONX Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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CONX Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CONX Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 CONX Corp's financial leverage. It provides some insight into what part of CONX Corp's total assets is financed by creditors.
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CONX Corp (CONX) is traded on NASDAQ Exchange in USA. It is located in 5701 South Santa Fe Drive, Littleton, CO, United States, 80120 and employs 2 people. CONX Corp 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 221.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CONX Corp's market, we take the total number of its shares issued and multiply it by CONX Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CONX Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 2.12 M outstanding shares of which 8.51 K shares are currently shorted by private and institutional investors with about 6.55 trading days to cover.
CONX Corp currently holds about 446.79 K in cash with (1.79 M) of positive cash flow from operations.
Check CONX Corp Probability Of Bankruptcy
Ownership AllocationThe market capitalization of CONX Corp is currently $221.02 Million. The majority of CONX Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CONX Corp to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in CONX Corp. Please pay attention to any change in the institutional holdings of CONX Corp as this could imply that something significant has changed or is about to change at the company. Be advised that no matter how volatile the entity is, if the real value of the firm is more than the value suggested by the market, you should consider buying it.
Check CONX Ownership Details
CONX Stock Price Odds Analysis
Based on a normal probability distribution, the odds of CONX Corp jumping above the current price in 90 days from now is about 61.26%. The CONX Corp probability density function shows the probability of CONX Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days CONX Corp has a beta of -0.0074 suggesting as returns on the benchmark increase, returns on holding CONX Corp are expected to decrease at a much lower rate. During a bear market, however, CONX Corp is likely to outperform the market. Additionally, cONX Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of CONX Corp to move above the current price in 90 days from now is about 61.26 (This CONX Corp probability density function shows the probability of CONX Stock to fall within a particular range of prices over 90 days) .
CONX Stock Institutional Holders
Institutional Holdings refers to the ownership stake in CONX Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CONX Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CONX Corp's value.| Instituion | Recorded On | Shares | |
| Caas Capital Management Lp | 2023-12-31 | 0.0 | |
| Potomac Capital Management, Inc. | 2023-12-31 | 0.0 | |
| Clear Street Llc | 2023-12-31 | 0.0 | |
| Moore Capital Management, Lp | 2023-12-31 | 1.5 M | |
| Fort Baker Capital Management Lp | 2023-12-31 | 155 K | |
| Geode Capital Management, Llc | 2023-12-31 | 76.5 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 44.6 K | |
| Fny Investment Advisers, Llc | 2023-12-31 | 38.2 K | |
| Walleye Trading Advisors, Llc | 2023-12-31 | 20.8 K | |
| Meteora Capital, Llc | 2023-12-31 | 18.4 K | |
| Schmeidler A R & Co Inc | 2023-12-31 | 17.7 K |
CONX Corp Historical Income Statement
CONX Corp Income Statement is one of the three primary financial statements used for reporting CONX's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CONX Corp revenue and expense. CONX Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CONX Corp's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 9.1 M in 2024, whereas Tax Provision is likely to drop slightly above 62.2 K in 2024. View More FundamentalsCONX Stock Against Markets
Picking the right benchmark for CONX Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CONX Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CONX Corp is critical whether you are bullish or bearish towards CONX Corp at a given time. Please also check how CONX Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in CONX Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy CONX Stock?
Before investing in CONX Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CONX Corp. To buy CONX Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CONX Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CONX Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CONX Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CONX Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CONX Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CONX Stock please use our How to Invest in CONX Corp guide.
Already Invested in CONX Corp?
The danger of trading CONX Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CONX Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CONX Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CONX Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CONX Corp is a strong investment it is important to analyze CONX Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CONX Corp's future performance. For an informed investment choice regarding CONX Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CONX Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy CONX Stock please use our How to Invest in CONX Corp guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for CONX Stock analysis
When running CONX Corp's price analysis, check to measure CONX Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CONX Corp is operating at the current time. Most of CONX Corp's value examination focuses on studying past and present price action to predict the probability of CONX Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CONX Corp's price. Additionally, you may evaluate how the addition of CONX Corp to your portfolios can decrease your overall portfolio volatility.
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Is CONX Corp's industry 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 CONX Corp. If investors know CONX 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 CONX Corp 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 0.374 | Earnings Share (0.25) | Return On Assets (0.01) |
The market value of CONX Corp is measured differently than its book value, which is the value of CONX that is recorded on the company's balance sheet. Investors also form their own opinion of CONX Corp's value that differs from its market value or its book value, called intrinsic value, which is CONX Corp'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 CONX Corp's market value can be influenced by many factors that don't directly affect CONX Corp'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 CONX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CONX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CONX Corp'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.