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How to Buy Distoken Acquisition Stock

Distoken Acquisition Corp

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.

Distoken Acquisition stock last closed at $10.73, up 0% from the previous day, and has increased 3.87% in one year. It has underperformed other stocks in the Shell Companies industry by 0 percentage points. Distoken Acquisition stock is currently +4.99% from its 52-week low of $10.22, and -13.12% from its 52-week high of $12.35.

There are currently 6.43M DIST shares outstanding. The market cap of DIST is $68.99M. In the last 24 hours, 8 DIST shares were traded.

How to Buy Distoken Acquisition Stock

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

Step 1: Choose where to buy Distoken Acquisition stock

You will need a brokerage account to access the NASDAQ market and buy DIST stock.

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

Our favorite brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades 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 today.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to buy DIST today.

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  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. Input your personal details to start a new brokerage account.
  1. Send your application by clicking the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've finished signing up on the best investment app, you can securely and quickly fund your account:

Check out the video below for more details depositing funds into your new brokerage account.

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Step 4: Research Distoken Acquisition stock

After you have chosen the best place to buy Distoken Acquisition stock, it's important to evaluate their stock before you invest, so you can comprehend the risk and upside.

Distoken Acquisition stock at a glance

DIST Price
$10.73
1w %
0.28%
1y %
3.87%
5y %
N/A
P/E
67.06x
P/B
-1,043.02x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$1.30M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$68.99M
Next Earnings
N/A
Next Dividend
N/A

Distoken Acquisition Overview

WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.

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

Is DIST stock properly valued?

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

Using relative valuations ratios:

  • DIST may be overvalued based on its P/E ratio of 67.06x, relative to Shell Companies industry P/E ratio of 8.9x

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

A quick look at DIST Financials

Pros:

  • There are more short-term assets than long-term liabilities on the DIST balance sheet.

Cons:

  • DIST has cash burn of 830039. It does not have enough cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the DIST balance sheet.
  • Total DIST debt is still negative.
  • DIST has $96.49k in cash and short term investments. This is not sufficient to cover its annual cash burn of $830.04k.
  • DIST debt to equity ratio of -14.61 is negative.

DIST Technicals

SMA10
10.7
SMA20
10.72
SMA50
10.7
SMA100
10.68
SMA200
10.59
MACD
0
MACD Signal
0
MACD Histogram
0
RSI
54.09
Stochastic %K
59.22
Stochastic %D
54.97
StochRSI %K
62.74
StochRSI %D
52.84

Latest Insiders Trades at DIST

In the past 12 months, insiders at DIST have not bought or sold any shares.

Get more info about who owns DIST shares here.

Can I get consistent income from DIST stock?

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

What do other traders have to say about DIST?

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

Click below to find out what other investors have to say.

Step 5: Place your DIST purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order allows you 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 particular price limit, place a limit order.

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

If you require more assistance investing in stocks on eToro, click the how to video below:

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Step 6: Get the latest scoop on your DIST investment

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

Put DIST on a watchlist to get notified of important updates regarding your DIST stock.

DIST Feed

How to Buy Stock in Distoken Acquisition

To reiterate, here are the 6 steps to buy Distoken Acquisition stock:

  1. Choose where to buy Distoken Acquisition stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Research Distoken Acquisition stock
  5. Place your DIST purchase
  6. Get the latest scoop on your DIST investment

If you need a place to buy stocks, eToro is our recommended venue.

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 the latest scoop on your investment in Distoken Acquisition, create a watchlist on WallStreetZen today.

NASDAQ: DIST
$10.73+0.00 (+0%)
Updated May 3, 2024
Open eToro Account
NASDAQ: DIST
$10.73+0.00 (+0%)
Updated May 3, 2024
Open eToro Account

FAQ

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

As of May 3, 2024, it costs $10.73 to buy one share of Distoken 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 0.466 shares of DIST.

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 Distoken Acquisition stock?

One way to place an order for Distoken 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.