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How to Buy Concord Acquisition Ii Stock

Concord Acquisition Corp Ii

Concord Acquisition Ii is a shell company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker CNDA on the NYSE exchange.

Concord Acquisition Ii stock last closed at $10.52, up 0% from the previous day, and has increased 3.7% in one year. It has underperformed other stocks in the Shell Companies industry by 0.01 percentage points. Concord Acquisition Ii stock is currently +4.01% from its 52-week low of $10.11, and -3.53% from its 52-week high of $10.90.

At the moment, there are 21.7M CNDA shares outstanding. The market cap of CNDA is $228.19M. In the last 24 hours, 1263 CNDA shares were traded.

How to Buy Concord Acquisition Ii Stock

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

Step 1: Decide where to buy Concord Acquisition Ii stock

You will need an online brokerage account in order to access the NYSE market and buy CNDA stock.

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

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Step 2: Open a brokerage account

Now that you've picked your brokerage, you need to fill out some personal info so you can invest in CNDA stock today.

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  1. Click here to get started.
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  2. Input your personal data to open your new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've opened your account on our top ranked stock trading app, your next step is to transfer the money for your investment:

Watch the walkthrough below if you need help depositing money into your new brokerage account.

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Step 4: Analyze Concord Acquisition Ii stock

After you have selected the best place to buy Concord Acquisition Ii stock, it's absolutely critical to research their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.

Concord Acquisition Ii shares quick numbers

CNDA Price
$10.52
1w %
0%
1y %
3.7%
5y %
N/A
P/E
45.72x
P/B
-27.81x
P/S
N/A
PEG
13.48x
Revenue
$0.00
Earnings
$6.96M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$228.19M
Next Earnings
N/A
Next Dividend
N/A

CNDA Fundamentals

WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.

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

What is the fair value of CNDA stock?

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

Using relative valuations methods:

  • CNDA may be overvalued based on its P/E ratio of 45.72x, relative to Shell Companies industry P/E ratio of 43.11x
  • CNDA could be overvalued based on its PEG ratio of 13.48x

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

A look at CNDA Cashflows and Balance Sheet

Negative Health Checks:

  • There are more short-term liabilities than short-term assets on the CNDA balance sheet.
  • There are more long-term liabilities than short-term assets on the CNDA balance sheet.
  • CNDA debt to equity ratio of -1.05 is negative.
  • CNDA has cash burn of 3679858. It does not have enough cash and short-term investments to cover this.
  • CNDA has $363.23k in cash and short term investments. This is not enough to cover its annual cash burn of $3.68M.
  • Total CNDA debt is still negative.

CNDA Technicals

SMA10
10.51
SMA20
10.5
SMA50
10.47
SMA100
10.42
SMA200
10.35
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
59.02
Stochastic %K
69.58
Stochastic %D
62.08
StochRSI %K
18.92
StochRSI %D
16.42

How is CNDA performing as a company?

Last year, CNDA earnings were $6.96M. During the past 2 year, CNDA's earnings have increased by 4.65% per year. This was slower than the Shell Companies industry average of 15.77%.

Dig into CNDA's earnings and revenue performance here.

Latest Insiders Trades at CNDA

In the past year, executives and large shareholders at CNDA have sold more shares than they have bought.

Kepos Capital LP, 10% Owner of CNDA, was the latest CNDA insider to sell. They sold $258,250.00 worth of CNDA shares on Nov 10, 2023.

Research more about who owns CNDA shares here.

Can I get consistent income from CNDA stock?

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

Get analysis from other traders

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your CNDA trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly 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 sure you're buying or selling at a given price limit, place a limit order.

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

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

Open eToro Account

Step 6: Get the latest news on your investment in CNDA

Now that you own some CNDA shares, you'll want to stay up-to-date on your investment.

Add CNDA to a watchlist to monitor your CNDA stock.

CNDA Feed

How to Buy Stock in Concord Acquisition Ii

To reiterate, here are the 6 steps you need to take to buy Concord Acquisition Ii stock right now:

  1. Decide where to buy Concord Acquisition Ii stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Analyze Concord Acquisition Ii stock
  5. Place your CNDA trade
  6. Get the latest news on your investment in CNDA

If you are looking for a 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 get notifications regarding your investment in Concord Acquisition Ii, click the button below.

NYSE: CNDA
$10.52+0.00 (+0%)
Updated Mar 28, 2024
Open eToro Account
NYSE: CNDA
$10.52+0.00 (+0%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Concord Acquisition Ii share?

As of Mar 28, 2024, it costs $10.52 to buy one share of Concord Acquisition Ii 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 CNDA.

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 Concord Acquisition Ii stock?

One way to place an order for Concord Acquisition Ii 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.