How to Buy Altc Acquisition Stock
Altc Acquisition Corp
Altc Acquisition is a shell company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker ALCC on the NYSE exchange.
Altc Acquisition stock last closed at $12.81, down 1.46% from the previous day, and has increased 24.61% in one year. It has overperformed other stocks in the Shell Companies industry by 0.2 percentage points. Altc Acquisition stock is currently +25.1% from its 52-week low of $10.24, and -26.76% from its 52-week high of $17.49.
As of Apr 26, 2024, there are 43.1M ALCC shares outstanding. The market value of ALCC is $552.12M. In the last 24 hours, 1.59M ALCC shares were traded.
How to Buy Altc Acquisition Stock
Wondering how to invest in Altc Acquisition stock? Here's how.
- Decide where to buy Altc Acquisition stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Altc Acquisition stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your information.
- Research Altc Acquisition stock: The Altc Acquisition ticker symbol is ALCC. Is Altc Acquisition stock a good investment? Should you buy shares of ALCC? How do ALCC's underlying business fundamentals look? Do top analysts think Altc Acquisition is a good buy? Why has ALCC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if ALCC is a good stock to buy).
- Place your ALCC purchase: Decide if you will purchase ALCC shares at the current market price or use a limit order to purchase ALCC shares at a particular price.
- Get notifications regarding your ALCC position: Create a watchlist to the latest updates on your position in Altc Acquisition stock.
Step 1: Decide where to buy Altc Acquisition stock
You will need an online brokerage account to access the NYSE market and buy ALCC stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you are able to invest in ALCC today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on stock market apps, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Research Altc Acquisition stock
After you have figured out the best place to buy Altc Acquisition stock, it's absolutely critical to evaluate their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Overview of key ALCC info
Altc Acquisition Due Diligence Checks
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on ALCC's stock page.
How is ALCC stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge ALCC's fair value.
Using relative valuations methods:
- ALCC may be overvalued based on its P/E ratio of 64.05x, relative to Shell Companies industry P/E ratio of 31.79x
- ALCC may be undervalued based on its PEG ratio of 0.38x
You can do more valuation analysis on ALCC's stock here.
ALCC Financial Overview
Cons:
- ALCC debt to equity ratio of -1.26 is negative.
- Total ALCC debt is still negative.
- There are more short-term liabilities than short-term assets on the ALCC balance sheet.
- ALCC has cash burn of 10844603. It does not have sufficient cash and short-term investments to cover this.
- ALCC has $1.63M in cash and short term investments. This is not sufficient to cover its annual cash burn of $10.84M.
- There are more long-term liabilities than short-term assets on the ALCC balance sheet.
ALCC Revenue
Last year, ALCC earnings were $11.87M. In the past 1 years, ALCC's earnings have grown by 233.33% per year. This was faster than the Shell Companies industry average of 28.47%.
Dive into ALCC's earnings and revenue performance here.
What are ALCC insiders up to?
In the last year, insiders at ALCC have not bought or sold any shares.
Dig into more about who owns ALCC stock here.
Does ALCC provide a stable income stream?
No, Altc Acquisition doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your ALCC 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 available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Press the Open button and eToro will place your order.
If you want additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your ALCC position
Now that you own some ALCC shares, you'll want to stay up-to-date on your new shares.
Start a watchlist to track the latest developments regarding your ALCC stock.
ALCC Feed
How to Buy Stock in Altc Acquisition
To reiterate, here are the 6 steps you need to take to buy Altc Acquisition stock right now:
- Decide where to buy Altc Acquisition stock
- Open a brokerage account
- Deposit money your investment account
- Research Altc Acquisition stock
- Place your ALCC purchase
- Get notifications regarding your ALCC position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Altc Acquisition, click the button below.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.