Logistics Innovation Technologies Corp. (LITT) Stock

About Logistics Innovation Technologies Corp.

Logistics Innovation Technologies Corp. (LITT) currently has no substantial operational activities. The firm's primary objective is to complete a strategic business combination, such as a merger, an exchange of capital stock, an asset takeover, a share purchase, or a corporate restructuring, with one or more other enterprises. Its acquisition strategy specifically targets companies that either cater to the senior demographic or can be strategically adapted to serve that market. Established in 2021, the company's principal office is located in Atlanta, Georgia.

Logistics Innovation Technologies Corp. is headquartered in US.

Logistics Innovation Technologies Corp. (LITT) stock trades at $10.24 with a market capitalization of $436.35M. The stock is valued at a price-to-earnings (P/E) ratio of 20.90, price-to-book of 1.05, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $9.69 and $10.97, and currently trades 6.7% below its 52-week high.

On profitability, Logistics Innovation Technologies Corp. generates a return on equity (ROE) of 5.12%, return on capital employed of -0.45%, an operating margin of 0.00%, a net profit margin of 0.00%.