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How to Buy Alchemy Investments Acquisition 1 Stock

Alchemy Investments Acquisition Corp 1

Alchemy Investments Acquisition Corp 1, a special purpose acquisition company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

Alchemy Investments Acquisition 1 stock last closed at $10.66, up 0.19% from the previous day, and has increased 5.34% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. Alchemy Investments Acquisition 1 stock is currently +5.44% from its 52-week low of $10.11, and -10.04% from its 52-week high of $11.85.

At the moment, there are 14.97M shares of ALCY outstanding. The market value of ALCY is $159.59M. In the past 24 hours, 879 ALCY shares were traded.

How to Buy Alchemy Investments Acquisition 1 Stock

Not sure how to invest in Alchemy Investments Acquisition 1 stock? Here's how.
  1. Decide where to buy Alchemy Investments Acquisition 1 stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Alchemy Investments Acquisition 1 stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your method of payment and add your info.
  4. Analyze Alchemy Investments Acquisition 1 stock: The Alchemy Investments Acquisition 1 ticker symbol is ALCY. Is Alchemy Investments Acquisition 1 stock a good investment? Should you buy shares of ALCY? How do ALCY's underlying business fundamentals look? Do top analysts think Alchemy Investments Acquisition 1 is a good buy? Why has ALCY's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if ALCY is a good stock to buy).
  5. Execute your ALCY purchase: Decide if you will purchase ALCY shares at the current market price or use a limit order to purchase ALCY shares at a given price.
  6. Keep an eye on your ALCY investment: Create a watchlist to track your new investment in Alchemy Investments Acquisition 1 shares.

Step 1: Decide where to buy Alchemy Investments Acquisition 1 stock

You will need an online brokerage account in order to access the NASDAQ market and buy ALCY stock.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

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Step 2: Open your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you are able to invest in ALCY stock today.

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  1. Click here to get started.
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  2. Enter your personal info to open a new trading account.
  1. Send your details by hitting the "Create Account" button.
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    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your brokerage account

Now that you've opened your account on the best beginner stock app, your next step is to transfer the money for your investment:

Check out the video below to see the process of transferring funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Alchemy Investments Acquisition 1 stock

After you have figured out the best place to buy Alchemy Investments Acquisition 1 stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk as well as the upside.

Alchemy Investments Acquisition 1 Numbers

ALCY Price
$10.66
1w %
-0.37%
1y %
5.34%
5y %
N/A
P/E
34.39x
P/B
-29.77x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$3.30M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$159.59M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of ALCY

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on ALCY's stock page.

Is ALCY stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ALCY's intrinsic value.

Using relative valuations measures:

  • ALCY may be overvalued based on its P/E ratio of 34.39x, relative to Shell Companies industry P/E ratio of 11.14x

You can access additional valuation research on ALCY's stock here.

ALCY Financial Health

Signs that ALCY is not financially healthy:

  • There are more short-term liabilities than short-term assets on the ALCY balance sheet.
  • ALCY has cash burn of 863183. It does not have enough cash and short-term investments to cover this.
  • ALCY has $309.74k in cash and short term investments. This is not sufficient to cover its annual cash burn of $863.18k.
  • ALCY debt to equity ratio of -1.12 is negative.
  • There are more long-term liabilities than short-term assets on the ALCY balance sheet.
  • Total ALCY debt is still negative.

ALCY Technical Indicators

SMA10
10.65
SMA20
10.63
SMA50
10.6
SMA100
10.55
SMA200
10.44
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
60.42
Stochastic %K
4.49
Stochastic %D
4.88
StochRSI %K
13.65
StochRSI %D
18.04

What are ALCY insiders up to?

In the past 12 months, insiders at ALCY have not bought or sold any shares.

Get more info about who owns ALCY shares here.

Does ALCY stock generate passive income?

No, Alchemy Investments Acquisition 1 doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your ALCY purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will place the order.

If you need additional info about buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Keep an eye on your ALCY investment

Now that you own some ALCY stock, you'll want to stay up-to-date on your new investment.

Put ALCY on a watchlist to track the most important metrics related to your ALCY stock.

ALCY Feed

How to Buy Stock in Alchemy Investments Acquisition 1

To summarize, here are the 6 steps to buy stock in Alchemy Investments Acquisition 1:

  1. Decide where to buy Alchemy Investments Acquisition 1 stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Alchemy Investments Acquisition 1 stock
  5. Execute your ALCY purchase
  6. Keep an eye on your ALCY investment

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your new investment in Alchemy Investments Acquisition 1, create your watchlist below.

NASDAQ: ALCY
$10.66+0.02 (+0.19%)
Updated May 9, 2024
Open eToro Account
NASDAQ: ALCY
$10.66+0.02 (+0.19%)
Updated May 9, 2024
Open eToro Account

FAQ

How much does it cost to buy one Alchemy Investments Acquisition 1 share?

As of May 9, 2024, it costs $10.66 to buy one share of Alchemy Investments Acquisition 1 stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.469 shares of ALCY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Alchemy Investments Acquisition 1 stock?

One way to place an order for Alchemy Investments Acquisition 1 stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.