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How to Buy Bynordic Acquisition Stock

Bynordic Acquisition Corp

byNordic Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology sector in Northern Europe.

Bynordic Acquisition stock last closed at $11.30, up 0% from the previous day, and has increased 6.6% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. Bynordic Acquisition stock is currently +6.7% from its 52-week low of $10.59, and -6.77% from its 52-week high of $12.12.

At the moment, there are 10.28M BYNO shares outstanding. The market cap of BYNO is $116.12M. In the last 24 hours, 3656 BYNO shares were traded.

How to Buy Bynordic Acquisition Stock

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

Step 1: Choose where to buy Bynordic Acquisition stock

You need an online brokerage account to access the NASDAQ market and buy BYNO shares.

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

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Step 2: Create a brokerage account

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

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Step 3: Deposit money your brokerage account

Now that you've finished signing up on the best stock market app for beginners, you need to deposit funds:

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Step 4: Analyze Bynordic Acquisition stock

Once you have figured out the best place to buy Bynordic Acquisition stock, it's important to research their stock prior to investing, so you can understand the risk and upside.

Bynordic Acquisition Metrics

BYNO Price
$11.30
1w %
0%
1y %
6.6%
5y %
N/A
P/E
80.71x
P/B
-10.63x
P/S
N/A
PEG
2.77x
Revenue
$0.00
Earnings
$2.45M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$116.12M
Next Earnings
N/A
Next Dividend
N/A

Bynordic Acquisition Fundamentals

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

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

What is the fair value of BYNO stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge BYNO's fair value.

Using relative valuations methods:

  • BYNO may be overvalued based on its P/E ratio of 80.71x, relative to Shell Companies industry P/E ratio of 7.27x
  • BYNO could be overvalued based on its PEG ratio of 2.77x

You can do more valuation analysis on BYNO's stock here.

BYNO Financials at a glance

Negative Health Checks:

  • There are more short-term liabilities than short-term assets on the BYNO balance sheet.
  • Total BYNO debt is still negative.
  • BYNO has $1.88M in cash and short term investments. This is not enough to cover its annual cash burn of $2.97M.
  • There are more long-term liabilities than short-term assets on the BYNO balance sheet.
  • BYNO debt to equity ratio of -1.2 is negative.
  • BYNO has cash burn of 2970385. It does not have enough cash and short-term investments to cover this.

BYNO Technicals

SMA10
11.29
SMA20
11.28
SMA50
11.24
SMA100
11.17
SMA200
11.04
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
61.51
Stochastic %K
87.5
Stochastic %D
87.5
StochRSI %K
72.62
StochRSI %D
74.54

BYNO Performance Metrics

Last year, BYNO earnings were $2.45M. During the last 1 years, BYNO's earnings have gone up by 40% per year. This was slower than the Shell Companies industry average of 44.52%.

Learn more about BYNO's earnings and revenue performance here.

Who is buying/selling BYNO?

Over the past 12 months, insiders at BYNO have sold more shares than they have bought.

Mizuho Securities Usa LLC 1, 10% Owner of BYNO, was the latest BYNO insider to sell. They sold $1,963,280.00 worth of BYNO shares on Aug 21, 2023.

Get more info about who owns BYNO stock here.

Does BYNO stock generate passive income?

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

BYNO Social Trading Data

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Step 5: Execute your BYNO buy order

There are two primary order types:

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

Hit the Open Trade button and eToro will execute the order.

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Step 6: Get key alerts regarding your BYNO position

Now that you own some shares in BYNO, you'll want to keep up with your shares.

Create a watchlist to get the latest updates about your BYNO stock.

BYNO Feed

How to Buy Stock in Bynordic Acquisition

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

  1. Choose where to buy Bynordic Acquisition stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Bynordic Acquisition stock
  5. Execute your BYNO buy order
  6. Get key alerts regarding your BYNO position

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NASDAQ: BYNO
$11.30+0.00 (+0%)
Updated Jul 18, 2024
Open eToro Account
NASDAQ: BYNO
$11.30+0.00 (+0%)
Updated Jul 18, 2024
Open eToro Account

FAQ

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

As of Jul 18, 2024, it costs $11.30 to buy one share of Bynordic 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 0.442 shares of BYNO.

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 Bynordic Acquisition stock?

One way to place an order for Bynordic 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.