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How to Buy L Catterton Asia Acquisition Stock

L Catterton Asia Acquisition Corp

L Catterton Asia Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

L Catterton Asia Acquisition stock last closed at $13.19, up 21.57% from the previous day, and has increased 28.49% in one year. It has overperformed other stocks in the Shell Companies industry by 0.23 percentage points. L Catterton Asia Acquisition stock is currently +53.64% from its 52-week low of $8.59, and -5.79% from its 52-week high of $14.00.

There are currently 28.95M LCAA shares outstanding. The market capitalization of LCAA is $381.80M. In the last 24 hours, 123,190 LCAA shares were traded.

How to Buy L Catterton Asia Acquisition Stock

Not sure how to invest in L Catterton Asia Acquisition stock? Here's how.
  1. Choose where to buy L Catterton Asia Acquisition stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy L Catterton Asia Acquisition stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your payment method and add your details.
  4. Analyze L Catterton Asia Acquisition stock: The L Catterton Asia Acquisition ticker symbol is LCAA. Is L Catterton Asia Acquisition stock a good investment? Should you buy shares of LCAA? How do LCAA's underlying business fundamentals look? Do top analysts think L Catterton Asia Acquisition is a good buy? Why has LCAA's stock price moved recently? (Hint: Our stock market research website can help you figure out if LCAA is a good stock to buy).
  5. Place your LCAA buy order: Decide if you will purchase LCAA shares at the current market price or use a limit order to buy LCAA shares at a particular price.
  6. Get the latest scoop on your LCAA investment: Create a watchlist to watch your new investment in L Catterton Asia Acquisition stock.

Step 1: Choose where to buy L Catterton Asia Acquisition stock

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

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can invest in LCAA stock today.

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Step 3: Deposit money your brokerage account

Now that you have opened your account on stock market apps, you can securely and quickly fund your account:

Check out the video below for more details depositing funds into your investment account.

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Step 4: Analyze L Catterton Asia Acquisition stock

Once you have identified the best place to buy L Catterton Asia Acquisition stock, it's crucial to analyze their stock before you buy, so you actually understand the risk and opportunity.

Overview of key LCAA info

LCAA Price
$13.19
1w %
43.87%
1y %
28.49%
5y %
N/A
P/E
329.75x
P/B
-16.33x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$803.78k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$381.80M
Next Earnings
N/A
Next Dividend
N/A

L Catterton Asia Acquisition Zen Score

WallStreetZen was created to help part-time investors do better fundamental analysis quickly.

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

What is the fair value of LCAA stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge LCAA's fair value.

Using relative valuations methods:

  • LCAA could be overvalued based on its P/E ratio of 329.75x, relative to Shell Companies industry P/E ratio of 25.13x

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

LCAA Financial Summary

Pros:

  • LCAA's operating cash flow of $2.25M allows it to safely service it's debt of $0.00.
  • LCAA earnings of $803.78k is not sufficient to cover its interest payments.

Cons:

  • There are more short-term liabilities than short-term assets on the LCAA balance sheet.
  • Total LCAA debt is still negative.
  • There are more long-term liabilities than short-term assets on the LCAA balance sheet.
  • LCAA debt to equity ratio of -1 is negative.

Metrics for Advanced LCAA Traders

SMA10
9.77
SMA20
10.27
SMA50
10.58
SMA100
10.63
SMA200
10.56
MACD
-0.02
MACD Signal
-0.24
MACD Histogram
0.23
RSI
69.64
Stochastic %K
45.17
Stochastic %D
25.21
StochRSI %K
74.11
StochRSI %D
62.93

LCAA Growth Numbers

Last year, LCAA earnings were $803.78k. During the past two year, LCAA's earnings have gone up by -46.55% per year. This was slower than the Shell Companies industry average of 33.66%.

You can research LCAA's earnings and revenue performance here.

Who is buying/selling LCAA?

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

Learn more about who owns LCAA shares here.

Does LCAA provide a stable income stream?

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

What others are saying about LCAA

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Step 5: Place your LCAA buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    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 be certain you're buying or selling at a given price, use a limit order.

Press the Open Trade button and eToro will place the order.

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Step 6: Get the latest scoop on your LCAA investment

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

Start a watchlist to get alerted to the latest events about your LCAA stock.

LCAA Feed

How to Buy Stock in L Catterton Asia Acquisition

To summarize, here are the 6 steps to buy L Catterton Asia Acquisition stock:

  1. Choose where to buy L Catterton Asia Acquisition stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Analyze L Catterton Asia Acquisition stock
  5. Place your LCAA buy order
  6. Get the latest scoop on your LCAA investment

If you need 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 would like to watch your investment in L Catterton Asia Acquisition, add LCAA to your watchlist below.

NASDAQ: LCAA
$13.19+2.34 (+21.57%)
Updated Feb 21, 2024
Open eToro Account
NASDAQ: LCAA
$13.19+2.34 (+21.57%)
Updated Feb 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one L Catterton Asia Acquisition share?

As of Feb 21, 2024, it costs $13.19 to buy one share of L Catterton Asia Acquisition stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.455 shares of LCAA.

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 L Catterton Asia Acquisition stock?

One way to place an order for L Catterton Asia 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.