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How to Buy Berenson Acquisition I Stock

Berenson Acquisition Corp I

Berenson Acquisition I is a shell company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker BACA on the NYSEMKT exchange.

Berenson Acquisition I stock last closed at $10.50, up 0% from the previous day, and has increased 3.86% in one year. It has underperformed other stocks in the Shell Companies industry by 0 percentage points. Berenson Acquisition I stock is currently +3.86% from its 52-week low of $10.11, and -10.1% from its 52-week high of $11.68.

There are currently 7.94M shares of BACA outstanding. The market capitalization of BACA is $83.40M. In the last 24 hours, 3 BACA shares were traded.

How to Buy Berenson Acquisition I Stock

Wondering how to invest in Berenson Acquisition I stock? Here's how.
  1. Figure out where to buy Berenson Acquisition I stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Berenson Acquisition I stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your method of payment and add your details.
  4. Research Berenson Acquisition I stock: The Berenson Acquisition I ticker symbol is BACA. Is Berenson Acquisition I stock a good investment? Should you buy shares of BACA? How do BACA's underlying business fundamentals look? Do top analysts think Berenson Acquisition I is a good buy? Why has BACA's stock price moved recently? (Hint: Our stock market research website can help you understand if BACA is a good stock to buy).
  5. Make your BACA trade: Decide if you will purchase BACA shares at the current market price or use a limit order to purchase BACA shares at a specific price.
  6. Track your investment in BACA: Create a watchlist to watch your position in Berenson Acquisition I stock.

Step 1: Figure out where to buy Berenson Acquisition I stock

You will need an online brokerage account to access the NYSEMKT market and buy BACA stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, 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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  • Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
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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 BACA stock today.

How to Open a New Investment 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. Input your personal details to open a new brokerage account.
  1. Send your application by pressing the "Create Account" button.
  2. 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 3: Deposit money your brokerage account

Now that you have opened your account on the stocks app, you need to deposit funds:

Check out the tutorial below if you need help depositing money into your new brokerage 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: Research Berenson Acquisition I stock

Once you have decided on the best place to buy Berenson Acquisition I stock, it's crucial to analyze their stock before you invest, so you truly comprehend the risk and opportunity.

Berenson Acquisition I Numbers

BACA Price
$10.50
1w %
-0.47%
1y %
3.86%
5y %
N/A
P/E
116.67x
P/B
-14.51x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$3.70M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$83.40M
Next Earnings
N/A
Next Dividend
N/A

BACA Zen Score

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

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

How is BACA stock valued?

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

Using relative valuations metrics:

  • BACA could be overvalued based on its P/E ratio of 116.67x, relative to Shell Companies industry P/E ratio of 8.9x

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

BACA Financial Health Overview

Failed Financial Due Diligence Checks:

  • There are more short-term liabilities than short-term assets on the BACA balance sheet.
  • BACA debt to equity ratio of -2 is negative.
  • BACA has cash burn of 1907917. It does not have enough cash and short-term investments to cover this.
  • Total BACA debt is still negative.
  • BACA has $14.42k in cash and short term investments. This is not enough to cover its annual cash burn of $1.91M.
  • There are more long-term liabilities than short-term assets on the BACA balance sheet.

BACA Trading Indicators

SMA10
10.46
SMA20
10.42
SMA50
10.35
SMA100
10.31
SMA200
10.31
MACD
0.04
MACD Signal
0.03
MACD Histogram
0.01
RSI
62
Stochastic %K
40
Stochastic %D
33.06
StochRSI %K
36.03
StochRSI %D
27.28

Is BACA Growing Revenue?

Last year, BACA earnings were $3.70M. During the last one years, BACA's earnings have increased by -91.51% per year. This was slower than the Shell Companies industry average of 33.37%.

Dive into BACA's earnings and revenue performance here.

What are BACA executives and large shareholders up to?

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

Learn more about who owns BACA stock here.

Does BACA provide a stable income stream?

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

BACA Social Trading Data

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

Click below to see what other community members have to say.

Step 5: Make your BACA trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.

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

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

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Step 6: Track your investment in BACA

Now that you own some BACA stock, you'll want to keep up with your new company.

Create a watchlist to get alerted to the latest events about your BACA stock.

BACA Feed

No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.

How to Buy Stock in Berenson Acquisition I

To summarize, here are the 6 steps to buy Berenson Acquisition I stock:

  1. Figure out where to buy Berenson Acquisition I stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Research Berenson Acquisition I stock
  5. Make your BACA trade
  6. Track your investment in BACA

If you require a 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 track of your new investment in Berenson Acquisition I, create a watchlist on WallStreetZen today.

NYSEMKT: BACA
$10.50+0.00 (+0%)
Updated May 3, 2024
Open eToro Account
NYSEMKT: BACA
$10.50+0.00 (+0%)
Updated May 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Berenson Acquisition I share?

As of May 3, 2024, it costs $10.50 to buy one share of Berenson Acquisition I 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 0.476 shares of BACA.

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 Berenson Acquisition I stock?

One way to place an order for Berenson Acquisition I 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.