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Legato Merger Corp. III (LEGT)

Financial Services | Shell Companies | New York, United States | NYSE American
11.03 USD
After hours: 11.03 -0.01 (-0.005%) ⇩ (April 17, 2026, 4:04 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 4:02 p.m. EDT

LEGT shows a relatively stable price range with minimal volatility, hovering around $11.00. The recent news highlights a SPAC merger with Einride, a digital and autonomous freight technology company, which could provide long-term growth potential. However, the stock's fundamentals are weak, with negative earnings and operating cash flow, and a negative book value. The lack of dividends and the company's speculative nature make it unsuitable for dividend-focused investors. While the stock might offer short-term trading opportunities due to its low volatility, the long-term outlook is uncertain, and the fundamentals are not strong enough to justify a high rating.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.001728
AutoTheta0.002591
MSTL0.004291
AutoETS0.004570

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 60%
H-stat 0.73
Ljung-Box p 0.979
Jarque-Bera p 0.000
Excess Kurtosis 29.21
Attribute Value
Sector Financial Services
Market Cap 284,567,104
Trailing P/E 38.03
Website https://legatomerger.com

Info Dump

Attribute Value
52 Week Change 0.050476193
Address1 777 Third Avenue
Address2 37th Floor
All Time High 11.5
All Time Low 10.0
Ask 11.04
Ask Size 100
Average Daily Volume10 Day 70,160
Average Daily Volume3 Month 76,127
Average Volume 76,127
Average Volume10Days 70,160
Bid 11.03
Bid Size 49,700
Book Value -0.249
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.03
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.05
Day Low 11.02
Earnings Growth -0.176
Earnings Quarterly Growth -0.176
Earnings Timestamp End 1,752,436,800
Earnings Timestamp Start 1,752,004,800
Ebitda Margins 0.0
Enterprise Value 284,047,808
Eps Trailing Twelve Months 0.29
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.96818
Fifty Day Average Change 0.06182003
Fifty Day Average Change Percent 0.0056363074
Fifty Two Week Change Percent 5.0476193
Fifty Two Week High 11.5
Fifty Two Week High Change -0.47000027
Fifty Two Week High Change Percent -0.04086959
Fifty Two Week Low 10.46
Fifty Two Week Low Change 0.5699997
Fifty Two Week Low Change Percent 0.05449328
Fifty Two Week Range 10.46 - 11.5
Financial Currency USD
First Trade Date Milliseconds 1,711,632,600,000
Float Shares 19,330,182
Full Exchange Name NYSE American
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.19723
Held Percent Institutions 0.82908994
Implied Shares Outstanding 25,799,376
Industry Shell Companies
Industry Disp Shell Companies
Industry Key shell-companies
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,764,460,800
Long Business Summary Legato Merger Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other related business combination with one or more target businesses or entities. The company was incorporated in 2023 and is based in New York, New York.
Long Name Legato Merger Corp. III
Market us_market
Market Cap 284,567,104
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1864121992
Most Recent Quarter 1,772,236,800
Net Income To Common 7,555,071
Next Fiscal Year End 1,795,996,800
Non Diluted Market Cap 284,567,106
Open 11.04
Operating Cashflow -857,697
Operating Margins 0.0
Payout Ratio 0.0
Phone 212 319 7676
Post Market Change -0.0050001144
Post Market Change Percent -0.045311414
Post Market Price 11.03
Post Market Time 1,776,456,289
Previous Close 11.03
Price Hint 2
Price To Book -44.297188
Profit Margins 0.0
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 11.05
Regular Market Day Low 11.02
Regular Market Day Range 11.02 - 11.05
Regular Market Open 11.04
Regular Market Previous Close 11.03
Regular Market Price 11.03
Regular Market Time 1,776,456,000
Regular Market Volume 143,433
Return On Assets -0.00312
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 25,799,375
Shares Percent Shares Out 0.0036000002
Shares Short 94,141
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 106,767
Short Name Legato Merger Corp. III
Short Percent Of Float 0.0052
Short Ratio 0.79
Source Interval 15
State NY
Symbol LEGT
Total Cash 519,303
Total Cash Per Share 0.02
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.29
Trailing P E 38.03448
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.84252
Two Hundred Day Average Change 0.18747997
Two Hundred Day Average Change Percent 0.01729118
Type Disp Equity
Volume 143,433
Website https://legatomerger.com
Zip 10,017