Switchback Energy Acquisition Corporation does not have significant operations. It intends to identify and acquire companies through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combinations. The company focuses on investing in the business of energy industry primarily in North America. Switchback Energy Acquisition Corporation was incorporated in 2019 and is based in Dallas, Texas.
Research context
Switchback Energy Acquisition Corporation appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Financial Services
- Industry
- Shell Companies
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5 years, 6 months ago
Switchback Energy Acquisition Corporation is currently in a long term downtrend where the price is trading 5.0% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.0.
Switchback Energy Acquisition Corporation's total revenue rose by inf% to $42M since the same quarter in the previous year.
Its net income has dropped by 808.1% to $-5M since the same quarter in the previous year.
Finally, its free cash flow fell by 25.8% to $-1M since the same quarter in the previous year.
Based on the above factors, Switchback Energy Acquisition Corporation gets an overall score of 2/5.