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How to Buy Atlantic Coastal Acquisition Ii Stock

Atlantic Coastal Acquisition Corp Ii

Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in mobility sector.

Atlantic Coastal Acquisition Ii stock last closed at $10.77, up 0% from the previous day, and has increased 4.16% in one year. It has underperformed other stocks in the Shell Companies industry by 0 percentage points. Atlantic Coastal Acquisition Ii stock is currently +4.66% from its 52-week low of $10.29, and -5.53% from its 52-week high of $11.40.

At the moment, there are 8.17M ACAB shares outstanding. The market cap of ACAB is $87.96M. In the past 24 hours, 386 ACAB shares were traded.

How to Buy Atlantic Coastal Acquisition Ii Stock

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

Step 1: Decide where to buy Atlantic Coastal Acquisition Ii stock

You need an online brokerage account in order to access the NASDAQ market and buy ACAB shares.

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

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Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in ACAB stock today.

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  2. Input your personal details to open a new trading account.
  1. Send your information by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've filled out your info on stock market app, your next step is to transfer the money for your investment:

Check out the walkthrough below for more details transferring money into your brokerage account.

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Step 4: Research Atlantic Coastal Acquisition Ii stock

Once you have figured out the best place to buy Atlantic Coastal Acquisition Ii stock, it's very important to research their stock before you invest, so you can wrap your head around the risk and upside.

Atlantic Coastal Acquisition Ii stock data

ACAB Price
$10.77
1w %
0%
1y %
4.16%
5y %
N/A
P/E
71.8x
P/B
-5.56x
P/S
N/A
PEG
0.15x
Revenue
$0.00
Earnings
$2.82M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$87.96M
Next Earnings
N/A
Next Dividend
N/A

ACAB Zen Score

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on ACAB's stock page.

Is ACAB stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ACAB's true value.

Using relative valuations methods:

  • ACAB may be overvalued based on its P/E ratio of 71.8x, relative to Shell Companies industry P/E ratio of 31.79x
  • ACAB may be undervalued based on its PEG ratio of 0.15x

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

How do ACAB Financials look?

Positive Financial Indicators:

  • ACAB has $29.99M in cash and short term investments. This is sufficient to cover its annual cash burn of $3.85M.
  • ACAB has cash burn of 3845177. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the ACAB balance sheet.

Negative Financial Indicators:

  • ACAB debt to equity ratio of -2.9 is negative.
  • Total ACAB debt is still negative.
  • There are more short-term liabilities than short-term assets on the ACAB balance sheet.

ACAB Growth Numbers

Last year, ACAB earnings were $2.82M. During the past one years, ACAB's earnings have grown by 650% per year. This was faster than the Shell Companies industry average of 28.47%.

Find out more about ACAB's earnings and revenue performance here.

Latest Insiders Trades at ACAB

Over the last 12 months, insiders at ACAB have not bought or sold any shares.

Get more info about who owns ACAB shares here.

Can I get consistent income from ACAB stock?

No, Atlantic Coastal Acquisition Ii doesn't provide an income stream by paying out dividends.

What others are saying about ACAB

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your ACAB trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, place a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Get notifications regarding your ACAB position

Now that you own some shares in ACAB, you'll want to stay up-to-date on your shares.

Create a watchlist to track your ACAB stock.

ACAB Feed

How to Buy Stock in Atlantic Coastal Acquisition Ii

To summarize, here are the 6 steps to buy Atlantic Coastal Acquisition Ii stock:

  1. Decide where to buy Atlantic Coastal Acquisition Ii stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Research Atlantic Coastal Acquisition Ii stock
  5. Make your ACAB trade
  6. Get notifications regarding your ACAB position

If you need a brokerage, eToro is our recommended 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 Atlantic Coastal Acquisition Ii, create a watchlist today.

NASDAQ: ACAB
$10.77+0.00 (+0%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: ACAB
$10.77+0.00 (+0%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Atlantic Coastal Acquisition Ii share?

As of Apr 25, 2024, it costs $10.77 to buy one share of Atlantic Coastal Acquisition Ii 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 0.464 shares of ACAB.

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 Atlantic Coastal Acquisition Ii stock?

One way to place an order for Atlantic Coastal Acquisition Ii 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.