How to buy Latch Inc stock (Latch Inc)

Latch Inc., a New York-based building security software developer, is going public via a special purpose acquisition company (SPAC). Here's what we know so far about the deal.

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Latch Inc stock price (NASDAQ: LTCH)

Use our graph to track the performance of LTCH stocks over time.

Latch Inc shares at a glance

• Key figures

Information last updated 2024-12-26.

Latest market close	$0.14
52-week range	$0.10 - $0.93
50-day moving average more info button	$0.28
200-day moving average more info button	$0.45
Wall St. target price	$5.50
PE ratio more info button	N/A
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$-0.43

Is it a good time to buy Latch Inc stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Latch Inc price performance over time

Historical closes compared with the close of $0.141 from 2024-12-24

1 week (2024-12-20)	-6.00%
1 month (2024-11-27)	-43.60%
3 months (2024-09-27)	-71.80%
6 months (2024-06-27)	-59.71%

1 year (2023-12-27)	-78.31%
2 years (2022-12-27)	-76.66%
3 years (2021-12-27)	7.74
5 years (2019-12-23)	N/A

Latch Inc financials

Revenue TTM	$48.4 million
Gross profit TTM	$-2,678,000
Return on assets TTM	-40.6%
Return on equity TTM	-105.19%
Profit margin	0%
Book value	$2.41
Market Capitalization more info button	$22.7 million

TTM: trailing 12 months

Latch Inc share dividends

We're not expecting Latch Inc to pay a dividend over the next 12 months.

You may also wish to consider:

• ADT (ADT.US) (3.22% forward annual dividend yield)

Latch Inc share price volatility

Over the last 12 months, Latch Inc's shares have ranged in value from as little as $0.1 up to $0.93. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Latch Inc's is 1.787. This would suggest that Latch Inc's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

To put Latch Inc's beta into context you can compare it against those of similar companies.

• DSS (DSS.US): 1.838
• Alarm-com (ALRM.US): 0.9
• ADT (ADT.US): 1.517

Latch Inc overview

Latch, Inc. , together with its subsidiaries, operates as a technology company in the United States and Canada. The company offers the Latch Platform, a cloud-based software-as-a-service platform to address the access requirements of modern multifamily buildings. Its software products include Mission Control, a web-based application that allows property managers to enable move-ins, control access sharing, resolve issues remotely, manage rental unit turnover, and ensure their residents are secure; Latch Manager App, the mobile application version of Mission Control; Latch App, which is used by residents to unlock doors, give access to guests or service providers, control and manage smart home devices, and interact and communicate with property managers or consumer services; Concierge Pro, a remote receptionist for deliveries; and Open Kit, which supports third-party software workflows around resident move-in and move-out. The company also offers hardware devices that include M, C, and R series, which are door or wall mounted access control products that interface with industry-standard lock hardware; Latch Intercom and Latch Link, which allows audio and video calls for remote unlocking; Latch Camera, a dome camera; and Latch Field Station, a connectivity solution that enables smart access, smart home, and sensor devices. It serves real estate developers, builders, building owners and property managers in the multifamily market. Latch, Inc.

Frequently asked questions

What percentage of Latch Inc is owned by insiders or institutions?
Currently 14.613% of Latch Inc shares are held by insiders and 6.564% by institutions. When does the fiscal year end for Latch Inc?
Latch Inc's fiscal year ends in December. Where is Latch Inc based?
Latch Inc's address is: 1220 N. Price Road, Olivette, MO, United States, 63132 What is Latch Inc's ISIN number?
Latch Inc's international securities identification number is: US51818V1061