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How to Buy Onyx Acquisition Co I Stock

Onyx Acquisition Co I

Onyx Acquisition Co. I does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Onyx Acquisition Co I stock last closed at $10.85, up 2.84% from the previous day, and has increased 8.72% in one year. It has overperformed other stocks in the Shell Companies industry by 0.06 percentage points. Onyx Acquisition Co I stock is currently +9.26% from its 52-week low of $9.93, and -2.25% from its 52-week high of $11.10.

As of Mar 24, 2023, there are 33.06M ONYX shares outstanding. The market capitalization of ONYX is $358.73M. In the last 24 hours, 6752 ONYX shares were traded.

How to Buy Onyx Acquisition Co I Stock

Not sure how to invest in Onyx Acquisition Co I stock? Here's how.
  1. Figure out where to buy Onyx Acquisition Co I stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Onyx Acquisition Co I stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your info.
  4. Research Onyx Acquisition Co I stock: The Onyx Acquisition Co I ticker symbol is ONYX. Is Onyx Acquisition Co I stock a good investment? Should you buy shares of ONYX? How do ONYX's underlying business fundamentals look? Do top analysts think Onyx Acquisition Co I is a good buy? Why has ONYX's stock price moved recently? (Hint: Our stock market research tools can help you decide if ONYX is a good stock to buy).
  5. Make your ONYX trade: Decide if you will purchase ONYX shares at the current market price or use a limit order to buy ONYX shares at a specific price.
  6. Keep an eye on your investment in ONYX: Create a watchlist to important updates regarding your new investment in Onyx Acquisition Co I shares.

Step 1: Figure out where to buy Onyx Acquisition Co I stock

You need an online brokerage account in order to access the NASDAQ market and buy ONYX shares.

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

Our favorite brokerage: eToro

Based on our research, eToro is the best brokerage. eToro gives you:

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  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by opening an account with eToro now.

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Step 2: Create your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can buy ONYX today.

How to Start a New Account on eToro

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

Now that you've filled out your info on the best stock app, you need to deposit funds:

Watch the tutorial below if you need help depositing funds into your new brokerage account.

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Step 4: Research Onyx Acquisition Co I stock

After you have chosen the best place to buy Onyx Acquisition Co I stock, it's absolutely critical to evaluate their stock prior to investing, so you actually wrap your head around the risk as well as the upside.

Onyx Acquisition Co I stock data

ONYX Price
$10.85
1w %
2.36%
1y %
8.72%
5y %
N/A
P/E
N/A
P/B
-33.47x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$358.73M
Next Earnings
N/A
Next Dividend
N/A

ONYX Overview

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

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

Is ONYX stock overvalued?

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

You can access additional valuation research on ONYX's stock here.

ONYX Financial Health

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the ONYX balance sheet.

Negative Health Checks:

  • Total ONYX debt is still negative.
  • There are more long-term liabilities than short-term assets on the ONYX balance sheet.
  • ONYX has $466.09k in cash and short term investments. This is not enough to cover its annual cash burn of $1.29M.
  • ONYX debt to equity ratio of -1.09 is negative.
  • ONYX has cash burn of 1289823. It does not have enough cash and short-term investments to cover this.

ONYX Technical Indicators

SMA10
10.64
SMA20
10.53
SMA50
10.44
SMA100
10.36
SMA200
10.22
MACD
0.09
MACD Signal
0.06
MACD Histogram
0.03
RSI
63.85
Stochastic %K
55.88
Stochastic %D
50.95
StochRSI %K
42.31
StochRSI %D
69.66

Who is buying/selling ONYX?

Over the last year, insiders at ONYX have not bought or sold any shares.

Dig into more about who owns ONYX stock here.

Does ONYX provide a stable income stream?

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

What others are saying about ONYX

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your ONYX trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, use a limit order.

Hit the Open Trade button and eToro will execute your order.

If you require additional help investing in stocks on eToro, watch the how to video below:

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Step 6: Keep an eye on your investment in ONYX

Now that you own some ONYX stock, you'll want to stay up-to-date on your new investment.

Put ONYX on a watchlist to get alerted to the latest events about your ONYX stock.

ONYX Feed

How to Buy Stock in Onyx Acquisition Co I

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

  1. Figure out where to buy Onyx Acquisition Co I stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Research Onyx Acquisition Co I stock
  5. Make your ONYX trade
  6. Keep an eye on your investment in ONYX

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today

If you would like to get the latest news on your new investment in Onyx Acquisition Co I, add ONYX to your watchlist by clicking the button below.

NASDAQ: ONYX
$10.85+0.30 (+2.84%)
Updated Mar 24, 2023
Open eToro Account
NASDAQ: ONYX
$10.85+0.30 (+2.84%)
Updated Mar 24, 2023
Open eToro Account

FAQ

How much does it cost to buy one Onyx Acquisition Co I share?

As of Mar 24, 2023, it costs $10.85 to buy one share of Onyx Acquisition Co 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 0.461 shares of ONYX.

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What is the best way to buy Onyx Acquisition Co I stock?

One way to place an order for Onyx Acquisition Co 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.