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How to Buy Global Technology Acquisition I Stock

Global Technology Acquisition Corp I

Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities.

Global Technology Acquisition I stock last closed at $11.19, up 0% from the previous day, and has increased 7.08% in one year. It has overperformed other stocks in the Shell Companies industry by 0.03 percentage points. Global Technology Acquisition I stock is currently +7.7% from its 52-week low of $10.39, and -13.26% from its 52-week high of $12.90.

There are currently 7.09M GTAC shares outstanding. The market value of GTAC is $79.34M. In the past 24 hours, 2 GTAC shares were traded.

How to Buy Global Technology Acquisition I Stock

Wondering how to invest in Global Technology Acquisition I stock? Here's how.
  1. Figure out where to buy Global Technology Acquisition I stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Global Technology Acquisition I stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your method of payment and add your information.
  4. Research Global Technology Acquisition I stock: The Global Technology Acquisition I ticker symbol is GTAC. Is Global Technology Acquisition I stock a good investment? Should you buy shares of GTAC? How do GTAC's underlying business fundamentals look? Do top analysts think Global Technology Acquisition I is a good buy? Why has GTAC's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if GTAC is a good stock to buy).
  5. Execute your GTAC buy order: Decide if you will purchase GTAC shares at the current market price or use a limit order to purchase GTAC shares at a given price.
  6. Get notifications regarding your GTAC position: Create a watchlist to the latest updates on your new investment in Global Technology Acquisition I stock.

Step 1: Figure out where to buy Global Technology Acquisition I stock

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

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

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you need to fill out some personal info so you are able to invest in GTAC today.

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  2. Input your personal data to start your new brokerage account.
  1. Submit your info by pressing the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've finished signing up on the highest rated stock app, you need to deposit funds:

Check out the walkthrough below for more details transferring funds into your new brokerage account.

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Step 4: Research Global Technology Acquisition I stock

Once you have decided on the best place to buy Global Technology Acquisition I stock, it's crucial to analyze their stock prior to investing, so you can understand the risk as well as the opportunity.

Global Technology Acquisition I shares at a glance

GTAC Price
$11.19
1w %
0%
1y %
7.08%
5y %
N/A
P/E
58.89x
P/B
-17.41x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$2.33M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$79.34M
Next Earnings
N/A
Next Dividend
N/A

Global Technology Acquisition I Overview

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis quickly.

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

What is the fair value of GTAC stock?

Investors use many financial metrics, analyses, models, and charts to gauge GTAC's intrinsic value.

Using relative valuations metrics:

  • GTAC may be overvalued based on its P/E ratio of 58.89x, relative to Shell Companies industry P/E ratio of 34.39x

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

A look at GTAC Cashflows and Balance Sheet

Negative Financial Indicators:

  • Total GTAC debt is still negative.
  • GTAC has cash burn of 980000. It does not have sufficient cash and short-term investments to cover this.
  • GTAC has $14.00k in cash and short term investments. This is not enough to cover its annual cash burn of $980.00k.
  • There are more short-term liabilities than short-term assets on the GTAC balance sheet.
  • There are more long-term liabilities than short-term assets on the GTAC balance sheet.
  • GTAC debt to equity ratio of -1.02 is negative.

GTAC Growth Numbers

Last year, GTAC earnings were $2.33M. Over the past 2 year, GTAC's earnings have gone up by -35.73% per year. This was slower than the Shell Companies industry average of 32%.

Dig into GTAC's earnings and revenue performance here.

What are GTAC executives and large shareholders up to?

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

Get more info about who owns GTAC shares here.

Can I rely on GTAC as an income stream?

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

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Step 5: Execute your GTAC buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price, place a limit order.

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

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Step 6: Get notifications regarding your GTAC position

Now that you own some GTAC stock, you'll want to keep up with your investment.

Put GTAC on a watchlist to keep tabs on your GTAC stock.

GTAC Feed

How to Buy Stock in Global Technology Acquisition I

To reiterate, here are the 6 steps you need to take to buy Global Technology Acquisition I stock right now:

  1. Figure out where to buy Global Technology Acquisition I stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Research Global Technology Acquisition I stock
  5. Execute your GTAC buy order
  6. Get notifications regarding your GTAC position

If you require 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 want to get notifications regarding your investment in Global Technology Acquisition I, add GTAC to your watchlist below.

NASDAQ: GTAC
$11.19+0.00 (+0%)
Updated Apr 15, 2024
Open eToro Account
NASDAQ: GTAC
$11.19+0.00 (+0%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Global Technology Acquisition I share?

As of Apr 15, 2024, it costs $11.19 to buy one share of Global Technology Acquisition I 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 0.447 shares of GTAC.

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 Global Technology Acquisition I stock?

One way to place an order for Global Technology Acquisition I 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.