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 $11.15, down 0.36% from the previous day, and has increased 5.39% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. Onyx Acquisition Co I stock is currently +5.59% from its 52-week low of $10.56, and -7.08% from its 52-week high of $12.00.
As of Apr 24, 2024, there are 7.95M ONYX shares outstanding. The market capitalization of ONYX is $88.59M. In the last 24 hours, 638 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.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
- 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.
Open eToro AccountStep 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
- 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.
- Provide your personal data to start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
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.
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 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 557.5x, relative to Shell Companies industry P/E ratio of 35.99x
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 $44.17k in cash and short term investments. This is not enough to cover its annual cash burn of $998.36k.
- 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 998361. 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
ONYX Performance Numbers
Last year, ONYX earnings were $218.07k. During the last one years, ONYX's earnings have gone up by -66.67% per year. This was slower than the Shell Companies industry average of 34.67%.
You can research ONYX's earnings and revenue performance here.
Who is buying/selling ONYX?
In the last 12 months, 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 $1,998,000.00 worth of ONYX shares on Apr 15, 2024.
Research 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.
ONYX Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your ONYX trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - 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 price, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in ONYX
Now that you own some ONYX shares, you'll want to stay up-to-date on your company.
Put ONYX on a watchlist to track your ONYX stock.
ONYX Feed
How to Buy Stock in Onyx Acquisition Co I
To summarize, here are the 6 steps you need to take to buy Onyx Acquisition Co I stock right now:
- Figure out where to buy Onyx Acquisition Co I stock
- Create your brokerage account
- Deposit funds into your investment account
- Research Onyx Acquisition Co I stock
- Make your ONYX trade
- Keep an eye on your investment in ONYX
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your investment in Onyx Acquisition Co I, get started below.
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