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How to Buy Bannix Acquisition Stock

Bannix Acquisition Corp

Bannix Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or related business combination with one or more businesses in the B2B enterprise software, telecom, financial, and retail industries.

Bannix Acquisition stock last closed at $11.04, up 0% from the previous day, and has increased 6% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. Bannix Acquisition stock is currently +6.05% from its 52-week low of $10.41, and -4.75% from its 52-week high of $11.59.

At the moment, there are 5.46M BNIX shares outstanding. The market cap of BNIX is $60.32M. In the past 24 hours, 4 BNIX shares were traded.

How to Buy Bannix Acquisition Stock

Not sure how to invest in Bannix Acquisition stock? Here's how.
  1. Decide where to buy Bannix Acquisition stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Bannix Acquisition stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. Evaluate Bannix Acquisition stock: The Bannix Acquisition ticker symbol is BNIX. Is Bannix Acquisition stock a good investment? Should you buy shares of BNIX? How do BNIX's underlying business fundamentals look? Do top analysts think Bannix Acquisition is a good buy? Why has BNIX's stock price moved recently? (Hint: Our stock analysis website can help you figure out if BNIX is a good stock to buy).
  5. Make your BNIX buy order: Decide if you will purchase BNIX shares at the current market price or use a limit order to buy BNIX shares at a specific price.
  6. Get notifications regarding your BNIX position: Create a watchlist to monitor your new investment in Bannix Acquisition shares.

Step 1: Decide where to buy Bannix Acquisition stock

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

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

Our recommended brokerage: eToro

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in BNIX stock today.

How to Set Up a New Brokerage Account on eToro

  1. 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.
  2. Enter your personal info to create a new trading account.
  1. Submit your information 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 investment account

Now that you've opened your account on stock market app, you can securely and quickly fund your account:

Check out the tutorial below to see the process of transferring funds into your investment account.

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.

Step 4: Evaluate Bannix Acquisition stock

After you have selected the best place to buy Bannix Acquisition stock, it's absolutely critical to research their stock before you invest, so you truly understand the risk and opportunity.

Bannix Acquisition shares at a glance

BNIX Price
$11.04
1w %
0.82%
1y %
6%
5y %
N/A
P/E
-552x
P/B
-18.97x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$65.38k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$60.32M
Next Earnings
N/A
Next Dividend
N/A

Bannix Acquisition Due Diligence Checks

WallStreetZen was built to help average investors perform more accurate fundamental analysis quickly.

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

How is BNIX stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge BNIX's intrinsic value.

You can access more valuation analysis on BNIX's stock here.

A look at BNIX Cashflows and Balance Sheet

Negative Health Checks:

  • Total BNIX debt is still negative.
  • BNIX has $39.59k in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.12M.
  • There are more long-term liabilities than short-term assets on the BNIX balance sheet.
  • BNIX debt to equity ratio of -1.21 is negative.
  • BNIX has cash burn of 1116777. It does not have sufficient cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the BNIX balance sheet.

BNIX Momentum

SMA10
10.98
SMA20
10.96
SMA50
10.98
SMA100
10.88
SMA200
10.77
MACD
0.01
MACD Signal
0
MACD Histogram
0.01
RSI
69.95
Stochastic %K
100
Stochastic %D
100
StochRSI %K
100
StochRSI %D
100

Latest Insiders Trades at BNIX

Over the past year, executives and large shareholders at BNIX have not bought or sold any shares.

Dig into more about who owns BNIX stock here.

Can I get consistent income from BNIX stock?

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

What do other traders have to say about BNIX?

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

Click below to learn what other investors have to say.

Step 5: Make your BNIX buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, use a limit order.

Click the Open button and eToro will execute your order.

If you need more help buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get notifications regarding your BNIX position

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

Make a watchlist to keep track of your BNIX stock.

BNIX Feed

How to Buy Stock in Bannix Acquisition

To reiterate, here are the 6 steps for buying Bannix Acquisition stock:

  1. Decide where to buy Bannix Acquisition stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Evaluate Bannix Acquisition stock
  5. Make your BNIX buy order
  6. Get notifications regarding your BNIX position

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 want to get the latest scoop on your new investment in Bannix Acquisition, create a watchlist on WallStreetZen today.

NASDAQ: BNIX
$11.04+0.00 (+0%)
Updated Apr 29, 2024
Open eToro Account
NASDAQ: BNIX
$11.04+0.00 (+0%)
Updated Apr 29, 2024
Open eToro Account

FAQ

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

As of Apr 29, 2024, it costs $11.04 to buy one share of Bannix 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 0.453 shares of BNIX.

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 Bannix Acquisition stock?

One way to place an order for Bannix 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.