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How to Buy Duet Acquisition Stock

Duet Acquisition Corp

DUET Acquisition Corp. does not have significant operation. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in technology sector.

Duet Acquisition stock last closed at $10.98, down 0.18% from the previous day, and has increased 6.19% in one year. It has overperformed other stocks in the Shell Companies industry by 0.02 percentage points. Duet Acquisition stock is currently +6.19% from its 52-week low of $10.34, and -7.19% from its 52-week high of $11.83.

At the moment, there are 7.59M shares of DUET outstanding. The market value of DUET is $83.34M. In the last 24 hours, 100 DUET shares were traded.

How to Buy Duet Acquisition Stock

Not sure how to invest in Duet Acquisition stock? Here's how.
  1. Decide where to buy Duet Acquisition stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Duet Acquisition stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Evaluate Duet Acquisition stock: The Duet Acquisition ticker symbol is DUET. Is Duet Acquisition stock a good investment? Should you buy shares of DUET? How do DUET's underlying business fundamentals look? Do top analysts think Duet Acquisition is a good buy? Why has DUET's stock price moved recently? (Hint: Our stock market research tools can help you figure out if DUET is a good stock to buy).
  5. Execute your DUET trade: Decide if you will purchase DUET shares at the current market price or use a limit order to buy DUET stock at a specific price.
  6. Get notifications regarding your DUET position: Create a watchlist to track your new investment in Duet Acquisition shares.

Step 1: Decide where to buy Duet Acquisition stock

You need a brokerage account to access the NASDAQ market and buy DUET shares.

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

Our favorite brokerage: eToro

Based on our experience, eToro is the best online stock brokerage. eToro gives you:

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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  • Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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Step 2: Sign up for a brokerage account

Now that you've picked the best brokerage, you need to fill out some personal info so you are able to buy DUET stock today.

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  2. Provide your personal details to start a new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you have created your account on the stocks app, you need to deposit funds:

Watch the walkthrough below for more details depositing funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Duet Acquisition stock

Once you have figured out the best place to buy Duet Acquisition stock, it's very important to analyze their stock before you buy, so you truly understand the risk and upside.

Duet Acquisition stock data

DUET Price
$10.98
1w %
-0.36%
1y %
6.19%
5y %
N/A
P/E
99.82x
P/B
-27.29x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$68.10k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$83.34M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of DUET

WallStreetZen was created to help average investors perform better fundamental analysis quickly.

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

Is DUET stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge DUET's intrinsic value.

Using relative valuations methods:

  • DUET may be overvalued based on its P/E ratio of 99.82x, relative to Shell Companies industry P/E ratio of 41.4x

You can access more valuation analysis on DUET's stock here.

A quick look at DUET Financials

Failed Financial Due Diligence Checks:

  • Total DUET debt is still negative.
  • There are more short-term liabilities than short-term assets on the DUET balance sheet.
  • DUET has cash burn of 613020. It does not have enough cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the DUET balance sheet.
  • DUET has $171.65k in cash and short term investments. This is not sufficient to cover its annual cash burn of $613.02k.
  • DUET debt to equity ratio of -2.06 is negative.

DUET Technical Indicators

SMA10
10.99
SMA20
10.98
SMA50
10.98
SMA100
10.93
SMA200
10.79
MACD
0.01
MACD Signal
0.01
MACD Histogram
0
RSI
48.96
Stochastic %K
61.9
Stochastic %D
63.49
StochRSI %K
53.26
StochRSI %D
56.03

Are DUET insiders buying or selling the stock?

In the past year, executives and large shareholders at DUET have not bought or sold any shares.

Get more info about who owns DUET shares here.

Does DUET stock generate passive income?

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

What others are saying about DUET

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

Click below to learn what other investors have to say.

Step 5: Execute your DUET trade

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 usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, place a limit order.

Hit the Open button and eToro will execute the order.

If you want more info about investing in stocks on eToro, watch the how to video below:

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Step 6: Get notifications regarding your DUET position

Now that you own some DUET stock, you'll want to stay up-to-date on your company.

Put DUET on a watchlist to track the most important metrics related to your DUET stock.

DUET Feed

How to Buy Stock in Duet Acquisition

To summarize, here are the 6 steps to buy stock in Duet Acquisition:

  1. Decide where to buy Duet Acquisition stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Evaluate Duet Acquisition stock
  5. Execute your DUET trade
  6. Get notifications regarding your DUET position

If you are looking for a brokerage account, eToro is our favorite 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 the latest scoop on your investment in Duet Acquisition, hit the button below to create your watchlist.

NASDAQ: DUET
$10.98-0.02 (-0.18%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: DUET
$10.98-0.02 (-0.18%)
Updated Mar 27, 2024
Open eToro Account

FAQ

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

As of Mar 27, 2024, it costs $10.98 to buy one share of Duet 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 0.455 shares of DUET.

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 Duet Acquisition stock?

One way to place an order for Duet 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.