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NASDAQ: EAC

How to Buy Edify Acquisition Stock

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Edify Acquisition Corp

Edify 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.

Edify Acquisition stock last closed at $10.04, up 0.1% from the previous day, and has increased 2.66% in one year. It has overperformed other stocks in the Shell Companies industry by 0.02 percentage points. Edify Acquisition stock is currently +3.61% from its 52-week low of $9.69, and +0% from its 52-week high of $10.04.

As of Dec 5, 2022, there are 34.5M shares of EAC outstanding. The market cap of EAC is $346.38M. In the last 24 hours, 141 EAC shares were traded.

How to Buy Edify Acquisition Stock

Not sure how to invest in Edify Acquisition stock? Here's how.
  1. Decide where to buy Edify Acquisition stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Edify Acquisition stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified. It's the best place to buy EAC stock.
  3. Put funds into your investment account: Select your method of payment and add your information.
  4. Research Edify Acquisition stock: The Edify Acquisition ticker symbol is EAC. Is Edify Acquisition stock a good investment? Should you buy shares of EAC? How do EAC's underlying business fundamentals look? Do top analysts think Edify Acquisition is a good buy? Why has EAC's stock price moved recently? (Hint: Our stock market analysis website can help you decide if EAC is a good stock to buy).
  5. Execute your EAC trade: Decide if you will purchase EAC shares at the current market price or use a limit order to buy EAC stock at a specific price.
  6. Get notifications regarding your EAC position: Create a watchlist to key updates about your investment in Edify Acquisition shares.

Step 1: Decide where to buy Edify Acquisition stock

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

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

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Step 2: Create your brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal information so you are able to buy EAC stock today.

How to Set Up a New Account on eToro

  1. Click here to get started.
  2. Enter your personal info to open your new trading account.
  1. Submit your info by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Check out the tutorial below if you need help transferring funds into your brokerage account.

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Step 4: Research Edify Acquisition stock

It's critical to research stocks prior to investing, so you truly comprehend the risk as well as the opportunity.

Edify Acquisition shares at a glance

EAC Price
$10.04
1w %
0.2%
1y %
2.66%
5y %
N/A
P/E
24.49x
P/B
-31.22x
P/S
N/A
PEG
0.65x
Revenue
$0.00
Earnings
$14.17M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$346.38M
Next Earnings
N/A
Next Dividend
N/A

EAC Zen Score

WallStreetZen was created to help part-time investors do more accurate fundamental analysis.

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

What is the fair value of EAC stock?

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

Using relative valuations metrics:

  • EAC may be overvalued based on its P/E ratio of 24.49x, relative to Shell Companies industry P/E ratio of 18.61x
  • EAC may be undervalued based on its PEG ratio of 0.65x

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

EAC Financial Health Summary

Failed Health Checks:

  • EAC has cash burn of 825417. It does not have sufficient cash and short-term investments to cover this.
  • Total EAC debt is still negative.
  • There are more short-term liabilities than short-term assets on the EAC balance sheet.
  • EAC debt to equity ratio of -1.07 is negative.
  • There are more long-term liabilities than short-term assets on the EAC balance sheet.
  • EAC has $67.94k in cash and short term investments. This is not sufficient to cover its annual cash burn of $825.42k.

EAC Momentum

SMA10
10.03
SMA20
10.01
SMA50
9.95
SMA100
9.91
SMA200
9.86
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
70.03
Stochastic %K
89.52
Stochastic %D
83.65
StochRSI %K
34.04
StochRSI %D
22.8

Is EAC Making Money?

Last year, EAC earnings were $14.17M. In the past one years, EAC's earnings have increased by 51.85% per year. This was slower than the Shell Companies industry average of 75.58%.

Learn more about EAC's earnings and revenue performance here.

Latest Insiders Trades at EAC

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

Research more about who owns EAC stock here.

Can I get consistent income from EAC stock?

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

What do other investors have to say about EAC?

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

Click below to see what other traders have to say.

Step 5: Execute your EAC trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, place a limit order.

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

If you want additional info about investing in stocks on eToro, watch the helpful video below:

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Step 6: Get notifications regarding your EAC position

Now that you own some shares in EAC, you'll want to keep up with your investment.

Start a watchlist to get alerted to the latest events about your EAC stock.

EAC Feed

How to Buy Stock in Edify Acquisition

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

  1. Decide where to buy Edify Acquisition stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research Edify Acquisition stock
  5. Execute your EAC trade
  6. Get notifications regarding your EAC position

If you are looking for a online brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you want to monitor your new investment in Edify Acquisition, create a watchlist on WallStreetZen today.

NASDAQ: EAC
$10.04+0.01 (+0.1%)
Updated Dec 5, 2022
Open eToro Account
NASDAQ: EAC
$10.04+0.01 (+0.1%)
Updated Dec 5, 2022
Open eToro Account

FAQ

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

As of Dec 5, 2022, it costs $10.04 to buy one share of Edify 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 0.498 shares of EAC.

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What is the best way to buy Edify Acquisition stock?

The best way to buy Edify Acquisition stock is within a brokerage account on eToro.
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.