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How to Buy Altenergy Acquisition Stock

Altenergy Acquisition Corp

AltEnergy Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction with one or more businesses.

Altenergy Acquisition stock last closed at $11.19, up 0% from the previous day, and has increased 7.91% in one year. It has overperformed other stocks in the Shell Companies industry by 0.03 percentage points. Altenergy Acquisition stock is currently +10.14% from its 52-week low of $10.16, and -5.65% from its 52-week high of $11.86.

At the moment, there are 7.33M shares of AEAE outstanding. The market capitalization of AEAE is $81.99M. In the last 24 hours, 39 AEAE shares were traded.

How to Buy Altenergy Acquisition Stock

Not sure how to invest in Altenergy Acquisition stock? Here's how.
  1. Decide where to buy Altenergy Acquisition stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Altenergy Acquisition stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your payment method and add your details.
  4. Research Altenergy Acquisition stock: The Altenergy Acquisition ticker symbol is AEAE. Is Altenergy Acquisition stock a good investment? Should you buy shares of AEAE? How do AEAE's underlying business fundamentals look? Do top analysts think Altenergy Acquisition is a good buy? Why has AEAE's stock price moved recently? (Hint: Our stock research tools can help you understand if AEAE is a good stock to buy).
  5. Execute your AEAE purchase: Decide if you will purchase AEAE shares at the current market price or use a limit order to purchase AEAE shares at a given price.
  6. Get key alerts regarding your investment in AEAE: Create a watchlist to track your investment in Altenergy Acquisition shares.

Step 1: Decide where to buy Altenergy Acquisition stock

You need a brokerage account in order to access the NASDAQ market and buy AEAE shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to invest in AEAE today.

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  1. Submit your data by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have filled out your info on the highest rated stock app, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help depositing money into your new investment account.

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Step 4: Research Altenergy Acquisition stock

Once you have chosen the best place to buy Altenergy Acquisition stock, it's important to research their stock before you buy, so you can wrap your head around the risk as well as the opportunity.

Altenergy Acquisition shares at a glance

AEAE Price
$11.19
1w %
-0.09%
1y %
7.91%
5y %
N/A
P/E
65.82x
P/B
-6.37x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$2.47M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$81.99M
Next Earnings
N/A
Next Dividend
N/A

Altenergy Acquisition Zen Score

WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.

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

How is AEAE stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge AEAE's true value.

Using relative valuations methods:

  • AEAE could be overvalued based on its P/E ratio of 65.82x, relative to Shell Companies industry P/E ratio of 34.39x

You can do additional valuation research on AEAE's stock here.

How do AEAE Financials look?

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the AEAE balance sheet.
  • Total AEAE debt is still negative.
  • AEAE has $183.58k in cash and short term investments. This is not sufficient to cover its annual cash burn of $2.56M.
  • AEAE debt to equity ratio of -1.02 is negative.
  • AEAE has cash burn of 2562966. It does not have enough cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the AEAE balance sheet.

AEAE Technicals

SMA10
11.24
SMA20
11.22
SMA50
11.15
SMA100
11.02
SMA200
10.77
MACD
0.02
MACD Signal
0.03
MACD Histogram
-0.01
RSI
49
Stochastic %K
24.3
Stochastic %D
43.88
StochRSI %K
18.57
StochRSI %D
41.81

AEAE Earnings

Last year, AEAE earnings were $2.47M. Over the last 2 year, AEAE's earnings have increased by -61.88% per year. This was slower than the Shell Companies industry average of 32%.

You can research AEAE's earnings and revenue performance here.

Latest Insiders Trades at AEAE

Over the past year, insiders at AEAE have not bought or sold any shares.

Get more info about who owns AEAE stock here.

Does AEAE provide a stable income stream?

No, Altenergy Acquisition doesn't provide an income stream by paying out dividends.

AEAE Social Trading Data

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

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Step 5: Execute your AEAE purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, place a limit order.

Press the Open button and your broker will execute your order.

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Open eToro Account

Step 6: Get key alerts regarding your investment in AEAE

Now that you own some AEAE shares, you'll want to keep up with your stock purchase.

Make a watchlist to track the most important metrics related to your AEAE stock.

AEAE Feed

How to Buy Stock in Altenergy Acquisition

To summarize, here are the 6 steps for buying Altenergy Acquisition stock:

  1. Decide where to buy Altenergy Acquisition stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Research Altenergy Acquisition stock
  5. Execute your AEAE purchase
  6. Get key alerts regarding your investment in AEAE

If you require a online brokerage, eToro is our favorite option.

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 want to keep tabs on your investment in Altenergy Acquisition, click the button below.

NASDAQ: AEAE
$11.19+0.00 (+0%)
Updated Apr 17, 2024
Open eToro Account
NASDAQ: AEAE
$11.19+0.00 (+0%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Altenergy Acquisition share?

As of Apr 17, 2024, it costs $11.19 to buy one share of Altenergy Acquisition 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 0.447 shares of AEAE.

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 Altenergy Acquisition stock?

One way to place an order for Altenergy Acquisition 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.