Belong Acquisition Corp. (BLNG) Stock

About Belong Acquisition Corp.

Belong Acquisition Corp. presently lacks substantial active commercial operations. Its core strategic aim is to finalize a business combination, encompassing activities such as a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or a similar corporate transaction, involving one or multiple businesses or entities. The company plans to primarily target its search on technology-centric and tech-leveraged enterprises, particularly those operating within the e-commerce, software development, and digital media industries. This firm was established in 2020 and its main office is located in Brookline, Massachusetts.

Belong Acquisition Corp. is headquartered in US.

Belong Acquisition Corp. (BLNG) stock trades at $10.25 with a market capitalization of $86.96M. The stock is valued at a price-to-earnings (P/E) ratio of 53.95, price-to-book of 4.59, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $9.81 and $10.69, and currently trades 4.1% below its 52-week high.

On profitability, Belong Acquisition Corp. generates a return on equity (ROE) of 3.38%, return on capital employed of -4.19%, an operating margin of 0.00%, a net profit margin of 0.00%.

Official website: belongcapital.co