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NYSE: GFX

How to Buy Golden Falcon Acquisition Stock

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Golden Falcon Acquisition Corp

Golden Falcon Acquisition is a shell company located in Delaware, United States, which is part of the Industrials sector, and is traded under the ticker GFX on the NYSE exchange.

Golden Falcon Acquisition stock last closed at $10.04, down 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. Golden Falcon Acquisition stock is currently +3.83% from its 52-week low of $9.67, and -0.1% from its 52-week high of $10.05.

There are currently 43.13M GFX shares outstanding. The market cap of GFX is $432.98M. In the last 24 hours, 10,423 GFX shares were traded.

How to Buy Golden Falcon Acquisition Stock

Not sure how to invest in Golden Falcon Acquisition stock? Here's how.
  1. Decide where to buy Golden Falcon Acquisition stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Golden Falcon Acquisition stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found. It's the best place to buy GFX stock.
  3. Deposit funds into your investment account: Select your method of payment and add your information.
  4. Analyze Golden Falcon Acquisition stock: The Golden Falcon Acquisition ticker symbol is GFX. Is Golden Falcon Acquisition stock a good investment? Should you buy shares of GFX? How do GFX's underlying business fundamentals look? Do top analysts think Golden Falcon Acquisition is a good buy? Why has GFX's stock price moved recently? (Hint: Our stock analysis website can help you understand if GFX is a good stock to buy).
  5. Place your GFX purchase: Decide if you will purchase GFX shares at the current market price or use a limit order to purchase GFX shares at a particular price.
  6. Track your GFX investment: Create a watchlist to important notifications about your new investment in Golden Falcon Acquisition stock.

Step 1: Decide where to buy Golden Falcon Acquisition stock

You will need an online brokerage account to access the NYSE market and buy GFX stock.

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

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you can invest in GFX today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
  2. Provide your personal details to create your new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Deposit funds into your investment account

Check out the video below if you need help transferring money into your investment account.

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Step 4: Analyze Golden Falcon Acquisition stock

It's absolutely critical to evaluate stocks before you buy, so you actually comprehend the risk and upside.

Golden Falcon Acquisition Numbers

GFX Price
$10.04
1w %
0%
1y %
2.66%
5y %
N/A
P/E
28.69x
P/B
-28.87x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$14.79M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$432.98M
Next Earnings
N/A
Next Dividend
N/A

GFX Fundamentals

WallStreetZen was designed to help average investors do more in-depth fundamental analysis quickly.

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

Is GFX stock overvalued?

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

Using relative valuations methods:

  • GFX could be overvalued based on its P/E ratio of 28.69x, relative to Shell Companies industry P/E ratio of 18.61x

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

A look at GFX Cashflows and Balance Sheet

Negative Financial Indicators:

  • GFX debt to equity ratio of -1.02 is negative.
  • There are more long-term liabilities than short-term assets on the GFX balance sheet.
  • GFX has $52.04k in cash and short term investments. This is not enough to cover its annual cash burn of $1.14M.
  • Total GFX debt is still negative.
  • There are more short-term liabilities than short-term assets on the GFX balance sheet.
  • GFX has cash burn of 1138876. It does not have sufficient cash and short-term investments to cover this.

GFX Momentum

SMA10
0.45
SMA20
0.52
SMA50
0.65
SMA100
1.05
SMA200
4.4
MACD
-0.07
MACD Signal
-0.07
MACD Histogram
0
RSI
32.82
Stochastic %K
15.71
Stochastic %D
11.57
StochRSI %K
47.18
StochRSI %D
33.15

Who is buying/selling GFX?

Over the past 12 months, insiders at GFX have not bought or sold any shares.

Learn more about who owns GFX stock here.

Can I get consistent income from GFX stock?

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

What do other investors have to say about GFX?

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

Click below to find out what other community members have to say.

Step 5: Place your GFX purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, use a limit order.

Click the Open button and eToro will execute your order.

If you require additional info about investing in stocks on eToro, click the how to video below:

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Step 6: Track your GFX investment

Now that you own some GFX stock, you'll want to keep up with your new shares.

Make a watchlist to track the latest developments regarding your GFX stock.

GFX Feed

How to Buy Stock in Golden Falcon Acquisition

To reiterate, here are the 6 steps to buy stock in Golden Falcon Acquisition:

  1. Decide where to buy Golden Falcon Acquisition stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Golden Falcon Acquisition stock
  5. Place your GFX purchase
  6. Track your GFX investment

If you are looking for a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today

If you want to get notifications regarding your investment in Golden Falcon Acquisition, create your watchlist below.

NYSE: GFX
$10.04-0.01 (-0.1%)
Updated Dec 5, 2022
Open eToro Account
NYSE: GFX
$10.04-0.01 (-0.1%)
Updated Dec 5, 2022
Open eToro Account

FAQ

How much does it cost to buy one Golden Falcon Acquisition share?

As of Dec 5, 2022, it costs $10.04 to buy one share of Golden Falcon 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 GFX.

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What is the best way to buy Golden Falcon Acquisition stock?

The best way to buy Golden Falcon 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.