WallStreetZenWallStreetZen

How to Buy Blue Ocean Acquisition Stock

Blue Ocean Acquisition Corp

Blue Ocean Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Blue Ocean Acquisition stock last closed at $11.09, up 0% from the previous day, and has increased 6.02% in one year. It has overperformed other stocks in the Shell Companies industry by 0.02 percentage points. Blue Ocean Acquisition stock is currently +6.02% from its 52-week low of $10.46, and -2.85% from its 52-week high of $11.42.

At the moment, there are 10.9M shares of BOCN outstanding. The market cap of BOCN is $120.89M. In the last 24 hours, 22 BOCN shares were traded.

How to Buy Blue Ocean Acquisition Stock

Wondering how to invest in Blue Ocean Acquisition stock? Here's how.
  1. Figure out where to buy Blue Ocean Acquisition stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Blue Ocean Acquisition stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your payment method and add your information.
  4. Analyze Blue Ocean Acquisition stock: The Blue Ocean Acquisition ticker symbol is BOCN. Is Blue Ocean Acquisition stock a good investment? Should you buy shares of BOCN? How do BOCN's underlying business fundamentals look? Do top analysts think Blue Ocean Acquisition is a good buy? Why has BOCN's stock price moved recently? (Hint: Our stock research website can help you evaluate if BOCN is a good stock to buy).
  5. Execute your BOCN trade: Decide if you will purchase BOCN shares at the current market price or use a limit order to buy BOCN shares at a particular price.
  6. Keep tabs on your investment in BOCN: Create a watchlist to get the latest news on your position in Blue Ocean Acquisition shares.

Step 1: Figure out where to buy Blue Ocean Acquisition stock

You need a brokerage account to access the NASDAQ market and buy BOCN stock.

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

Our preferred brokerage: eToro

In our opinion, eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro boasts a community with more than 20 million users globally. 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 stock purchase by creating an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've picked the best brokerage, you need to fill out some personal details so you can invest in BOCN today.

How to Set Up a New 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. Provide your personal data to start a new brokerage account.
  1. Submit your details by clicking 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: Put funds into your brokerage account

Now that you've created your account on the best stock trading app, your next step is to transfer the money for your investment:

Check out the tutorial below for more details transferring funds into your 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: Analyze Blue Ocean Acquisition stock

Once you have chosen the best place to buy Blue Ocean Acquisition stock, it's important to analyze their stock before you invest, so you actually comprehend the risk and upside.

Blue Ocean Acquisition Metrics

BOCN Price
$11.09
1w %
0%
1y %
6.02%
5y %
N/A
P/E
48.22x
P/B
-10.05x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$4.42M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$120.89M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Blue Ocean Acquisition

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 BOCN's stock page.

Is BOCN stock overvalued?

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

Using relative valuations metrics:

  • BOCN could be overvalued based on its P/E ratio of 48.22x, relative to Shell Companies industry P/E ratio of 35.99x

You can access additional valuation research on BOCN's stock here.

How do BOCN Financials look?

Negative Health Checks:

  • There are more long-term liabilities than short-term assets on the BOCN balance sheet.
  • BOCN has cash burn of 1555597. It does not have sufficient cash and short-term investments to cover this.
  • BOCN has $61.98k in cash and short term investments. This is not enough to cover its annual cash burn of $1.56M.
  • Total BOCN debt is still negative.
  • There are more short-term liabilities than short-term assets on the BOCN balance sheet.
  • BOCN debt to equity ratio of -1.01 is negative.

BOCN Momentum

SMA10
11.09
SMA20
11.07
SMA50
10.99
SMA100
10.91
SMA200
10.81
MACD
0.03
MACD Signal
0.03
MACD Histogram
0
RSI
65.06
Stochastic %K
64.96
Stochastic %D
67.84
StochRSI %K
31.21
StochRSI %D
36.27

BOCN Earnings

Last year, BOCN earnings were $4.42M. Over the last two year, BOCN's earnings have gone up by -12.44% per year. This was slower than the Shell Companies industry average of 34.67%.

You can analyze BOCN's earnings and revenue performance here.

What are BOCN executives and large shareholders up to?

In the past 12 months, insiders at BOCN have not bought or sold any shares.

Dig into more about who owns BOCN stock here.

Can I rely on BOCN as an income stream?

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

Get analysis from other investors

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

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

Step 5: Execute your BOCN trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, use a limit order.

Hit the Open Trade button and your broker will place the order.

If you want additional info about buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep tabs on your investment in BOCN

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

Start a watchlist to get notified of the latest news about your BOCN stock.

BOCN Feed

How to Buy Stock in Blue Ocean Acquisition

To summarize, here are the 6 steps to buy stock in Blue Ocean Acquisition:

  1. Figure out where to buy Blue Ocean Acquisition stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Blue Ocean Acquisition stock
  5. Execute your BOCN trade
  6. Keep tabs on your investment in BOCN

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 Blue Ocean Acquisition, click the button below.

NASDAQ: BOCN
$11.09+0.00 (+0%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: BOCN
$11.09+0.00 (+0%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Blue Ocean Acquisition share?

As of Apr 24, 2024, it costs $11.09 to buy one share of Blue Ocean 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 0.451 shares of BOCN.

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 Blue Ocean Acquisition stock?

One way to place an order for Blue Ocean 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.