How to Buy Insight Acquisition Stock
Insight Acquisition Corp
Insight Acquisition is a shell company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker INAQ on the NASDAQ exchange.
Insight Acquisition stock last closed at $10.93, up 0% from the previous day, and has increased 6.94% in one year. It has overperformed other stocks in the Shell Companies industry by 0.02 percentage points. Insight Acquisition stock is currently +6.94% from its 52-week low of $10.22, and -0.19% from its 52-week high of $10.95.
As of Apr 19, 2024, there are 7M INAQ shares outstanding. The market value of INAQ is $76.51M. In the past 24 hours, 3 INAQ shares were traded.
How to Buy Insight Acquisition Stock
Wondering how to invest in Insight Acquisition stock? Here's how.
- Decide where to buy Insight Acquisition stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Insight Acquisition stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Research Insight Acquisition stock: The Insight Acquisition ticker symbol is INAQ. Is Insight Acquisition stock a good investment? Should you buy shares of INAQ? How do INAQ's underlying business fundamentals look? Do top analysts think Insight Acquisition is a good buy? Why has INAQ's stock price moved recently? (Hint: Our stock research tools can help you figure out if INAQ is a good stock to buy).
- Execute your INAQ purchase: Decide if you will purchase INAQ shares at the current market price or use a limit order to purchase INAQ stock at a given price.
- Watch your INAQ investment: Create a watchlist to get the latest news on your investment in Insight Acquisition shares.
Step 1: Decide where to buy Insight Acquisition stock
You will need an online brokerage account to access the NASDAQ market and buy INAQ shares.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to invest in INAQ today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on investing apps, you can securely and quickly fund your account:
Watch this video walkthrough if you need help depositing money into your new brokerage account.
Step 4: Research Insight Acquisition stock
Once you have figured out the best place to buy Insight Acquisition stock, it's important to research their stock prior to buying, so you actually wrap your head around the risk and upside.
Insight Acquisition Numbers
Insight Acquisition Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on INAQ's stock page.
Is INAQ stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge INAQ's fair value.
Using relative valuations metrics:
- INAQ may be overvalued based on its P/E ratio of 136.61x, relative to Shell Companies industry P/E ratio of 35.4x
You can do more valuation research on INAQ's stock here.
INAQ Financial Health
Failed Health Checks:
- INAQ has $306.10k in cash and short term investments. This is not sufficient to cover its annual cash burn of $2.42M.
- INAQ debt to equity ratio of -1.06 is negative.
- There are more long-term liabilities than short-term assets on the INAQ balance sheet.
- There are more short-term liabilities than short-term assets on the INAQ balance sheet.
- INAQ has cash burn of 2424706. It does not have sufficient cash and short-term investments to cover this.
- Total INAQ debt is still negative.
INAQ Technical Indicators
Is INAQ Making Money?
Last year, INAQ earnings were $3.59M. Over the last 1 years, INAQ's earnings have increased by -85.19% per year. This was slower than the Shell Companies industry average of 31.8%.
Dig into INAQ's earnings and revenue performance here.
Are INAQ executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at INAQ have not bought or sold any shares.
Learn more about who owns INAQ stock here.
Can I rely on INAQ as an income stream?
No, Insight Acquisition doesn't provide an income stream by paying out dividends.
What others are saying about INAQ
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your INAQ purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly 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 ensure you're buying or selling at a given price limit, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your INAQ investment
Now that you own some INAQ stock, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to get the latest updates about your INAQ stock.
INAQ Feed
How to Buy Stock in Insight Acquisition
To reiterate, here are the 6 steps to buy Insight Acquisition stock:
- Decide where to buy Insight Acquisition stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Research Insight Acquisition stock
- Execute your INAQ purchase
- Watch your INAQ investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Insight Acquisition, hit the button below to create your watchlist.
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