(LEGT) Legato Merger III - Ratings and Ratios

Legato Merger Corp. III operates as a special purpose acquisition company (SPAC), focusing on identifying and executing a business combination. The company targets opportunities across various industries, leveraging its multi-sector approach to identify potential merger candidates. Incorporated in 2023 and headquartered in New York, Legato Merger Corp. III is listed on the NYSE MKT under the ticker symbol LEGT.

As a SPAC, Legato Merger Corp. III is in the pre-revenue stage, with its primary objective centered on facilitating a merger, asset acquisition, or other strategic business combination. The companys shares are currently trading at $10.39, with a 20-day average volume of 20,400 shares. The stock exhibits low volatility, as indicated by its Average True Range (ATR) of 0.02. The 20-day, 50-day, and 200-day Simple Moving Averages (SMA) are also aligned closely at $10.39, $10.35, and $10.22, respectively.

From a fundamental perspective, Legato Merger Corp. III has a market capitalization of $262.90 million. The companys Return on Equity (RoE) stands at 4.75. Key valuation metrics such as P/E, P/B, and P/S are not applicable at this stage, as the company has not yet generated earnings or revenue. The forward P/E is also not available due to the absence of earnings forecasts.