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How to Buy International Media Acquisition Stock

International Media Acquisition Corp

International Media 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 in the media and entertainment sector.

International Media Acquisition stock last closed at $11.42, up 0.18% from the previous day, and has increased 8.4% in one year. It has overperformed other stocks in the Shell Companies industry by 0.04 percentage points. International Media Acquisition stock is currently +8.76% from its 52-week low of $10.50, and -0.87% from its 52-week high of $11.52.

There are currently 8.5M shares of IMAQ outstanding. The market cap of IMAQ is $97.07M. In the last 24 hours, 2064 IMAQ shares were traded.

How to Buy International Media Acquisition Stock

Not sure how to invest in International Media Acquisition stock? Here's how.
  1. Decide where to buy International Media Acquisition stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy International Media Acquisition stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your method of payment and add your details.
  4. Research International Media Acquisition stock: The International Media Acquisition ticker symbol is IMAQ. Is International Media Acquisition stock a good investment? Should you buy shares of IMAQ? How do IMAQ's underlying business fundamentals look? Do top analysts think International Media Acquisition is a good buy? Why has IMAQ's stock price moved recently? (Hint: Our stock market research website can help you figure out if IMAQ is a good stock to buy).
  5. Make your IMAQ trade: Decide if you will purchase IMAQ shares at the current market price or use a limit order to buy IMAQ stock at a particular price.
  6. Watch your investment in IMAQ: Create a watchlist to important updates regarding your position in International Media Acquisition stock.

Step 1: Decide where to buy International Media Acquisition stock

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

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

Our preferred brokerage: eToro

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Step 2: Create a brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal details so you can buy IMAQ stock today.

How to Open a New Brokerage Account on eToro

  1. 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.
  2. Enter your personal info to start a new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
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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.

Step 3: Deposit money your brokerage account

Now that you've filled out your info on app for investing, you need to deposit funds:

Check out the tutorial below to see the process of depositing funds into your new investment account.

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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.

Step 4: Research International Media Acquisition stock

Once you have identified the best place to buy International Media Acquisition stock, it's very important to research their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.

International Media Acquisition Numbers

IMAQ Price
$11.42
1w %
0%
1y %
8.4%
5y %
N/A
P/E
-126.89x
P/B
-8.41x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$783.75k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$97.07M
Next Earnings
N/A
Next Dividend
N/A

International Media Acquisition Due Diligence Checks

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.

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

Is IMAQ stock overvalued?

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

You can do more valuation analysis on IMAQ's stock here.

IMAQ Financial Health

Negative Health Checks:

  • There are more short-term liabilities than short-term assets on the IMAQ balance sheet.
  • IMAQ has $7.06k in cash and short term investments. This is not sufficient to cover its annual cash burn of $622.04k.
  • IMAQ debt to equity ratio of -1.12 is negative.
  • There are more long-term liabilities than short-term assets on the IMAQ balance sheet.
  • Total IMAQ debt is still negative.
  • IMAQ has cash burn of 622043. It does not have sufficient cash and short-term investments to cover this.

IMAQ Momentum

SMA10
67.53
SMA20
72.03
SMA50
78.95
SMA100
75.86
SMA200
62.25
MACD
-4.18
MACD Signal
-3.48
MACD Histogram
-0.7
RSI
28.95
Stochastic %K
4.77
Stochastic %D
5.79
StochRSI %K
0
StochRSI %D
2.78

Are IMAQ executives and large shareholders buying or selling the stock?

In the last 12 months, executives and large shareholders at IMAQ have not bought or sold any shares.

Learn more about who owns IMAQ shares here.

Can I rely on IMAQ as an income stream?

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

What others are saying about IMAQ

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 investors have to say.

Step 5: Make your IMAQ trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally 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 be sure you're buying or selling at a particular dollar amount limit, use a limit order.

Press the Open Trade button and your broker will execute the order.

If you need more info about investing in stocks on eToro, watch the how to video below:

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Step 6: Watch your investment in IMAQ

Now that you own some IMAQ stock, you'll want to stay up-to-date on your shares.

Add IMAQ to a watchlist to monitor your IMAQ stock.

IMAQ Feed

How to Buy Stock in International Media Acquisition

To reiterate, here are the 6 steps to buy stock in International Media Acquisition:

  1. Decide where to buy International Media Acquisition stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Research International Media Acquisition stock
  5. Make your IMAQ trade
  6. Watch your investment in IMAQ

If you require a online brokerage, 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 updates on your new investment in International Media Acquisition, create your watchlist below.

NASDAQ: IMAQ
$11.42+0.02 (+0.18%)
Updated Apr 17, 2024
Open eToro Account
NASDAQ: IMAQ
$11.42+0.02 (+0.18%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one International Media Acquisition share?

As of Apr 17, 2024, it costs $11.42 to buy one share of International Media 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 0.438 shares of IMAQ.

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 International Media Acquisition stock?

One way to place an order for International Media 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.