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How to Buy Chenghe Acquisition I Co Stock

Chenghe Acquisition I Co

LatAmGrowth SPAC does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Chenghe Acquisition I Co stock last closed at $11.30, up 0% from the previous day, and has increased 7.02% in one year. It has overperformed other stocks in the Shell Companies industry by 0.03 percentage points. Chenghe Acquisition I Co stock is currently +7.02% from its 52-week low of $10.56, and -3.91% from its 52-week high of $11.76.

At the moment, there are 7.19M shares of LATG outstanding. The market capitalization of LATG is $81.27M. In the last 24 hours, 1 LATG shares were traded.

How to Buy Chenghe Acquisition I Co Stock

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

Step 1: Choose where to buy Chenghe Acquisition I Co stock

You will need a brokerage account in order to access the NASDAQ market and buy LATG shares.

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

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Step 2: Create a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to buy LATG today.

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Step 3: Deposit money your investment account

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

Check out the tutorial below if you need help depositing funds into your brokerage account.

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Step 4: Evaluate Chenghe Acquisition I Co stock

After you have selected the best place to buy Chenghe Acquisition I Co stock, it's critical to analyze their stock prior to investing, so you can wrap your head around the risk and upside.

Chenghe Acquisition I Co quick stats

LATG Price
$11.30
1w %
-0.09%
1y %
7.02%
5y %
N/A
P/E
282.5x
P/B
-35.94x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$425.91k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$81.27M
Next Earnings
N/A
Next Dividend
N/A

Chenghe Acquisition I Co Zen Score

WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.

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

Is LATG stock properly valued?

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

Using relative valuations measures:

  • LATG could be overvalued based on its P/E ratio of 282.5x, relative to Shell Companies industry P/E ratio of 8.96x

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

LATG Financial Summary

Negative Health Checks:

  • LATG has cash burn of 747384. It does not have sufficient cash and short-term investments to cover this.
  • LATG debt to equity ratio of -1 is negative.
  • LATG has $0.00 in cash and short term investments. This is not enough to cover its annual cash burn of $747.38k.
  • There are more short-term liabilities than short-term assets on the LATG balance sheet.
  • There are more long-term liabilities than short-term assets on the LATG balance sheet.
  • Total LATG debt is still negative.

Metrics for Advanced LATG Traders

SMA10
11.31
SMA20
11.29
SMA50
11.25
SMA100
11.16
SMA200
11.01
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
62.16
Stochastic %K
75
Stochastic %D
83.33
StochRSI %K
5.97
StochRSI %D
14.08

LATG Performance Numbers

Last year, LATG earnings were $425.91k. Over the last 1 years, LATG's earnings have grown by -93.75% per year. This was slower than the Shell Companies industry average of 34.46%.

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

What are LATG insiders up to?

Over the last year, insiders at LATG have not bought or sold any shares.

Learn more about who owns LATG stock here.

Does LATG provide a stable income stream?

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

LATG Social Trading Data

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

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Step 5: Execute your LATG buy order

There are two main order types:

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

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

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Step 6: Get updates on your LATG investment

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

Put LATG on a watchlist to get alerted to the latest events about your LATG stock.

LATG Feed

How to Buy Stock in Chenghe Acquisition I Co

To summarize, here are the 6 steps to buy stock in Chenghe Acquisition I Co:

  1. Choose where to buy Chenghe Acquisition I Co stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Evaluate Chenghe Acquisition I Co stock
  5. Execute your LATG buy order
  6. Get updates on your LATG investment

If you are looking for a online 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 would like to monitor your new investment in Chenghe Acquisition I Co, hit the button below to create your watchlist.

NASDAQ: LATG
$11.30+0.00 (+0%)
Updated May 6, 2024
Open eToro Account
NASDAQ: LATG
$11.30+0.00 (+0%)
Updated May 6, 2024
Open eToro Account

FAQ

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

As of May 6, 2024, it costs $11.30 to buy one share of Chenghe Acquisition I Co 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 LATG.

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 Chenghe Acquisition I Co stock?

One way to place an order for Chenghe Acquisition I Co 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.