WallStreetZenWallStreetZen

How to Buy Denali Capital Acquisition Stock

Denali Capital Acquisition Corp

Denali Capital Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities.

Denali Capital Acquisition stock last closed at $7.85, down 1.01% from the previous day, and has decreased 25.66% in one year. It has underperformed other stocks in the Shell Companies industry by 0.3 percentage points. Denali Capital Acquisition stock is currently +93.83% from its 52-week low of $4.05, and -44.33% from its 52-week high of $14.10.

There are currently 7.11M DECA shares outstanding. The market value of DECA is $55.82M. In the last 24 hours, 7629 DECA shares were traded.

How to Buy Denali Capital Acquisition Stock

Not sure how to invest in Denali Capital Acquisition stock? Here's how.
  1. Decide where to buy Denali Capital Acquisition stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Denali Capital Acquisition stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your payment method and add your info.
  4. Analyze Denali Capital Acquisition stock: The Denali Capital Acquisition ticker symbol is DECA. Is Denali Capital Acquisition stock a good investment? Should you buy shares of DECA? How do DECA's underlying business fundamentals look? Do top analysts think Denali Capital Acquisition is a good buy? Why has DECA's stock price moved recently? (Hint: Our stock research website can help you understand if DECA is a good stock to buy).
  5. Make your DECA trade: Decide if you will purchase DECA shares at the current market price or use a limit order to buy DECA shares at a particular price.
  6. Get key alerts regarding your investment in DECA: Create a watchlist to track your new investment in Denali Capital Acquisition shares.

Step 1: Decide where to buy Denali Capital Acquisition stock

You need an online brokerage account in order to access the NASDAQ market and buy DECA stock.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

We believe that eToro is the best brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world financial markets: From Tech to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by opening an account with eToro now.

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: Sign up for your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to buy DECA today.

How to Set Up a New Brokerage 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 details to open a new trading account.
  1. Submit your information by pressing 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 have created your account on the stock trading app, you need to deposit funds:

Watch this video walkthrough if you need help transferring money into your new 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 Denali Capital Acquisition stock

Once you have identified the best place to buy Denali Capital Acquisition stock, it's crucial to analyze their stock prior to buying, so you can wrap your head around the risk and upside.

Denali Capital Acquisition Numbers

DECA Price
$7.85
1w %
-8.72%
1y %
-25.66%
5y %
N/A
P/E
-15.7x
P/B
-6.74x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$632.54k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$55.82M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Denali Capital Acquisition

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

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

What is the fair value of DECA stock?

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

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

A look at DECA Cashflows and Balance Sheet

Signs that DECA is not financially healthy:

  • DECA debt to equity ratio of -1.03 is negative.
  • There are more short-term liabilities than short-term assets on the DECA balance sheet.
  • Total DECA debt is still negative.
  • DECA has $204.46k in cash and short term investments. This is not sufficient to cover its annual cash burn of $632.78k.
  • DECA has cash burn of 632783. It does not have sufficient cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the DECA balance sheet.

DECA Technical Indicators

SMA10
8.4
SMA20
8.31
SMA50
7.52
SMA100
7.37
SMA200
9.14
MACD
0.15
MACD Signal
0.28
MACD Histogram
-0.13
RSI
46.91
Stochastic %K
16.53
Stochastic %D
28.55
StochRSI %K
0
StochRSI %D
6.82

What are DECA executives and large shareholders up to?

Over the last year, executives and large shareholders at DECA have not bought or sold any shares.

Dig into more about who owns DECA shares here.

Does DECA stock generate passive income?

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

What others are saying about DECA

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

Click below to see what other investors have to say.

Step 5: Make your DECA trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally 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 make sure you're buying or selling at an exact dollar amount, use a limit order.

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

If you need more assistance buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get key alerts regarding your investment in DECA

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

Add DECA to a watchlist to get notified of important updates regarding your DECA stock.

DECA Feed

How to Buy Stock in Denali Capital Acquisition

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

  1. Decide where to buy Denali Capital Acquisition stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Denali Capital Acquisition stock
  5. Make your DECA trade
  6. Get key alerts regarding your investment in DECA

If you require a place to buy stocks, 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 want to get notifications regarding your investment in Denali Capital Acquisition, create your watchlist below.

NASDAQ: DECA
$7.85-0.08 (-1.01%)
Updated May 6, 2024
Open eToro Account
NASDAQ: DECA
$7.85-0.08 (-1.01%)
Updated May 6, 2024
Open eToro Account

FAQ

How much does it cost to buy one Denali Capital Acquisition share?

As of May 6, 2024, it costs $7.85 to buy one share of Denali Capital Acquisition stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.382 shares of DECA.

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 Denali Capital Acquisition stock?

One way to place an order for Denali Capital 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.