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How to Buy Generation Asia I Acquisition Stock

Generation Asia I Acquisition Ltd

Generation Asia I Acquisition is a shell company located in China, which is part of the Industrials sector, and is traded under the ticker GAQ on the NASDAQ exchange.

Generation Asia I Acquisition stock last closed at $11.09, up 0% from the previous day, and has increased 6.74% in one year. It has overperformed other stocks in the Shell Companies industry by 0.03 percentage points. Generation Asia I Acquisition stock is currently +7.15% from its 52-week low of $10.35, and -0.98% from its 52-week high of $11.20.

As of Apr 15, 2024, there are 15.18M shares of GAQ outstanding. The market value of GAQ is $168.37M. In the past 24 hours, 93 GAQ shares were traded.

How to Buy Generation Asia I Acquisition Stock

Wondering how to invest in Generation Asia I Acquisition stock? Here's how.
  1. Figure out where to buy Generation Asia I Acquisition stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Generation Asia I 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: Select your payment method and add your details.
  4. Analyze Generation Asia I Acquisition stock: The Generation Asia I Acquisition ticker symbol is GAQ. Is Generation Asia I Acquisition stock a good investment? Should you buy shares of GAQ? How do GAQ's underlying business fundamentals look? Do top analysts think Generation Asia I Acquisition is a good buy? Why has GAQ's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if GAQ is a good stock to buy).
  5. Place your GAQ buy order: Decide if you will purchase GAQ shares at the current market price or use a limit order to purchase GAQ stock at a particular price.
  6. Keep an eye on your GAQ position: Create a watchlist to the latest updates on your new investment in Generation Asia I Acquisition stock.

Step 1: Figure out where to buy Generation Asia I Acquisition stock

You need a brokerage account in order to access the NASDAQ market and buy GAQ shares.

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

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy GAQ stock today.

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Step 3: Put funds into your brokerage account

Now that you have finished signing up on a good stock buying app, your next step is to transfer the money for your investment:

Check out the tutorial below for more details depositing money into your new brokerage account.

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Step 4: Analyze Generation Asia I Acquisition stock

Once you have selected the best place to buy Generation Asia I Acquisition stock, it's very important to research their stock before you invest, so you actually comprehend the risk and upside.

Generation Asia I Acquisition Numbers

GAQ Price
$11.09
1w %
0.09%
1y %
6.74%
5y %
N/A
P/E
36.97x
P/B
-31.9x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$6.97M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$168.37M
Next Earnings
N/A
Next Dividend
N/A

GAQ Fundamentals

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in less time.

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

Is GAQ stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge GAQ's fair value.

Using relative valuations metrics:

  • GAQ could be overvalued based on its P/E ratio of 36.97x, relative to Shell Companies industry P/E ratio of 36.01x

You can access additional valuation analysis on GAQ's stock here.

GAQ Financial Health Overview

Negative Financial Indicators:

  • GAQ has $320.14k in cash and short term investments. This is not enough to cover its annual cash burn of $717.94k.
  • There are more long-term liabilities than short-term assets on the GAQ balance sheet.
  • GAQ has cash burn of 717937. It does not have enough cash and short-term investments to cover this.
  • GAQ debt to equity ratio of -1.07 is negative.
  • There are more short-term liabilities than short-term assets on the GAQ balance sheet.
  • Total GAQ debt is still negative.

GAQ Trading Indicators

SMA10
11.08
SMA20
11.06
SMA50
11.02
SMA100
10.96
SMA200
10.82
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
62.77
Stochastic %K
63.64
Stochastic %D
65.66
StochRSI %K
39.04
StochRSI %D
34.51

How are GAQ Revenues/Earnings doing?

Last year, GAQ earnings were $6.97M. Over the last one years, GAQ's earnings have gone up by -14.29% per year. This was slower than the Shell Companies industry average of 31.24%.

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

What are GAQ insiders up to?

Over the last 12 months, insiders at GAQ have not bought or sold any shares.

Research more about who owns GAQ stock here.

Can I rely on GAQ as an income stream?

No, Generation Asia I Acquisition doesn't provide an income stream by paying out dividends.

What do other traders have to say about GAQ?

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Step 5: Place your GAQ buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine for most investors.
  • 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, use a limit order.

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

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Step 6: Keep an eye on your GAQ position

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

Put GAQ on a watchlist to see the latest developments about your GAQ stock.

GAQ Feed

How to Buy Stock in Generation Asia I Acquisition

To summarize, here are the 6 steps to buy stock in Generation Asia I Acquisition:

  1. Figure out where to buy Generation Asia I Acquisition stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Generation Asia I Acquisition stock
  5. Place your GAQ buy order
  6. Keep an eye on your GAQ position

If you require a place to buy stocks, eToro is our favorite venue.

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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.

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

NASDAQ: GAQ
$11.09+0.00 (+0%)
Updated Apr 15, 2024
Open eToro Account
NASDAQ: GAQ
$11.09+0.00 (+0%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Generation Asia I Acquisition share?

As of Apr 15, 2024, it costs $11.09 to buy one share of Generation Asia I 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 0.451 shares of GAQ.

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 Generation Asia I Acquisition stock?

One way to place an order for Generation Asia I 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.