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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 $11.05, up 0% from the previous day, and has increased 6.15% in one year. It has overperformed other stocks in the Shell Companies industry by 0.02 percentage points. Onyx Acquisition Co I stock is currently +6.05% from its 52-week low of $10.42, and -7.92% from its 52-week high of $12.00.

As of Mar 1, 2024, there are 8.62M ONYX shares outstanding. The market capitalization of ONYX is $95.30M. In the last 24 hours, 2 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.

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eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

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.

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  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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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 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
$11.05
1w %
-1.34%
1y %
6.15%
5y %
N/A
P/E
221x
P/B
-6.68x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$1.71M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$95.30M
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.

Using relative valuations metrics:

  • ONYX could be overvalued based on its P/E ratio of 221x, relative to Shell Companies industry P/E ratio of 19.43x

You can do more valuation research on ONYX's stock here.

A look at ONYX Cashflows and Balance Sheet

Negative Health Checks:

  • There are more short-term liabilities than short-term assets on the ONYX balance sheet.
  • ONYX has $49.66k in cash and short term investments. This is not enough to cover its annual cash burn of $481.43k.
  • There are more long-term liabilities than short-term assets on the ONYX balance sheet.
  • Total ONYX debt is still negative.
  • ONYX has cash burn of 481426. It does not have enough cash and short-term investments to cover this.
  • ONYX debt to equity ratio of -1.01 is negative.

ONYX Technicals

SMA10
11.15
SMA20
11.14
SMA50
11.09
SMA100
11.01
SMA200
10.91
MACD
0.01
MACD Signal
0.02
MACD Histogram
-0.01
RSI
32.23
Stochastic %K
16.67
Stochastic %D
38.89
StochRSI %K
0
StochRSI %D
11.11

Latest Insiders Trades at ONYX

Over the past year, executives and large shareholders at ONYX have sold more shares than they have bought.

Carronade Capital Management LP, 10% Owner of ONYX, was the latest ONYX insider to sell. They sold $66,636.68 worth of ONYX shares on Jul 24, 2023.

Dig into more about who owns ONYX shares here.

Does ONYX provide a stable income stream?

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

ONYX Social Trading Data

One of the primary reasons eToro is our top-rated 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 primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.

Click the Open Trade button and eToro will place your order.

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Step 6: Keep an eye on your investment in ONYX

Now that you own some ONYX shares, you'll want to keep up with your investment.

Create a watchlist to monitor 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 require a place to buy stocks, eToro is our recommended 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 track your new investment in Onyx Acquisition Co I, create your watchlist below.

NASDAQ: ONYX
$11.05+0.00 (+0%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: ONYX
$11.05+0.00 (+0%)
Updated Mar 1, 2024
Open eToro Account

FAQ

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

As of Mar 1, 2024, it costs $11.05 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 0.452 shares of ONYX.

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 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.