Marblegate Capital Corporation (MGTE)
Marblegate Capital Corporation operates in the Financial - Conglomerates industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $0.94, up 0.00% on the session, giving a market capitalisation of $69.1M. On trailing twelve-month figures it carries a trailing P/E of -259.72, a net margin of 9.0%. Its beta of -0.31 implies it has historically moved less than the broad market.
Marblegate Capital Corporation, identified by the symbol MGTE, concentrates its business activities on the intricate market of New York City (NYC) taxi medallions. The company's operations encompass the acquisition, reorganization, and direct holding of loans specifically secured by these valuable NYC taxi medallions. Additionally, Marblegate Capital actively participates in the sector by leasing out these medallions through its own managed fleet of taxicabs. Essentially, the firm is a dedicated expert in the NYC taxi medallion industry, serving multiple roles as a financier, an asset proprietor, and a fleet management entity. Its principal office is located in Greenwich, Connecticut.
Marblegate Capital Corporation is most often compared with the following Financial Services names: