How to Buy Compass Digital Acquisition Stock
Compass Digital Acquisition Corp
Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Compass Digital Acquisition stock last closed at $10.77, up 0% from the previous day, and has increased 5.07% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. Compass Digital Acquisition stock is currently +5.07% from its 52-week low of $10.25, and -10.25% from its 52-week high of $12.00.
There are currently 10.5M shares of CDAQ outstanding. The market value of CDAQ is $113.14M. In the last 24 hours, 10 CDAQ shares were traded.
How to Buy Compass Digital Acquisition Stock
Wondering how to invest in Compass Digital Acquisition stock? Here's how.
- Figure out where to buy Compass Digital Acquisition stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Compass Digital Acquisition stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your info.
- Analyze Compass Digital Acquisition stock: The Compass Digital Acquisition ticker symbol is CDAQ. Is Compass Digital Acquisition stock a good investment? Should you buy shares of CDAQ? How do CDAQ's underlying business fundamentals look? Do top analysts think Compass Digital Acquisition is a good buy? Why has CDAQ's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if CDAQ is a good stock to buy).
- Make your CDAQ trade: Decide if you will purchase CDAQ shares at the current market price or use a limit order to purchase CDAQ shares at a specific price.
- Keep an eye on your investment in CDAQ: Create a watchlist to monitor your position in Compass Digital Acquisition shares.
Step 1: Figure out where to buy Compass Digital Acquisition stock
You need an online brokerage account in order to access the NASDAQ market and buy CDAQ shares.
Our favorite brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world markets: From Technology to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you can buy CDAQ today.
How to Create a New Brokerage Account on eToro
- 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.
- Enter your personal details to create your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on the best stock market app for beginners, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring money into your investment account.
Step 4: Analyze Compass Digital Acquisition stock
After you have identified the best place to buy Compass Digital Acquisition stock, it's absolutely critical to research their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Compass Digital Acquisition shares data
CDAQ Fundamentals
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on CDAQ's stock page.
Is CDAQ stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge CDAQ's true value.
Using relative valuations ratios:
- CDAQ may be overvalued based on its P/E ratio of 56.68x, relative to Shell Companies industry P/E ratio of 32.23x
You can do more valuation research on CDAQ's stock here.
A quick look at CDAQ Financials
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the CDAQ balance sheet.
- CDAQ has $44.05k in cash and short term investments. This is not enough to cover its annual cash burn of $1.18M.
- Total CDAQ debt is still negative.
- CDAQ debt to equity ratio of -1.06 is negative.
- There are more short-term liabilities than short-term assets on the CDAQ balance sheet.
- CDAQ has cash burn of 1175974. It does not have sufficient cash and short-term investments to cover this.
CDAQ Momentum
CDAQ Growth Numbers
Last year, CDAQ earnings were $4.39M. Over the past 1 years, CDAQ's earnings have gone up by -45.71% per year. This was slower than the Shell Companies industry average of 30.37%.
Dig into CDAQ's earnings and revenue performance here.
Are CDAQ insiders buying or selling the stock?
In the last 12 months, insiders at CDAQ have not bought or sold any shares.
Research more about who owns CDAQ shares here.
Can I get consistent income from CDAQ stock?
No, Compass Digital Acquisition doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your CDAQ trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - 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 given price limit, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in CDAQ
Now that you own some shares in CDAQ, you'll want to keep up with your shares.
Start a watchlist to track the most important metrics related to your CDAQ stock.
CDAQ Feed
How to Buy Stock in Compass Digital Acquisition
To summarize, here are the 6 steps for buying Compass Digital Acquisition stock:
- Figure out where to buy Compass Digital Acquisition stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Compass Digital Acquisition stock
- Make your CDAQ trade
- Keep an eye on your investment in CDAQ
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Compass Digital Acquisition, create your watchlist below.
More Stock Buying Guides You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.