WallStreetZenWallStreetZen

How to Buy Patria Latin American Opportunity Acquisition Stock

Patria Latin American Opportunity Acquisition Corp

Patria Latin American Opportunity Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Patria Latin American Opportunity Acquisition stock last closed at $11.33, up 0% from the previous day, and has increased 6.89% in one year. It has overperformed other stocks in the Shell Companies industry by 0.03 percentage points. Patria Latin American Opportunity Acquisition stock is currently +7.09% from its 52-week low of $10.58, and -5.35% from its 52-week high of $11.97.

As of Apr 23, 2024, there are 22.63M shares of PLAO outstanding. The market capitalization of PLAO is $256.40M. In the last 24 hours, 1240 PLAO shares were traded.

How to Buy Patria Latin American Opportunity Acquisition Stock

Not sure how to invest in Patria Latin American Opportunity Acquisition stock? Here's how.
  1. Choose where to buy Patria Latin American Opportunity Acquisition stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Patria Latin American Opportunity Acquisition stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your payment method and add your information.
  4. Analyze Patria Latin American Opportunity Acquisition stock: The Patria Latin American Opportunity Acquisition ticker symbol is PLAO. Is Patria Latin American Opportunity Acquisition stock a good investment? Should you buy shares of PLAO? How do PLAO's underlying business fundamentals look? Do top analysts think Patria Latin American Opportunity Acquisition is a good buy? Why has PLAO's stock price moved recently? (Hint: Our stock research website can help you figure out if PLAO is a good stock to buy).
  5. Place your PLAO purchase: Decide if you will purchase PLAO shares at the current market price or use a limit order to buy PLAO stock at a given price.
  6. Get notifications regarding your PLAO position: Create a watchlist to important notifications about your new investment in Patria Latin American Opportunity Acquisition stock.

Step 1: Choose where to buy Patria Latin American Opportunity Acquisition stock

You need an online brokerage account to access the NASDAQ market and buy PLAO 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 experience, eToro is the best online stock brokerage. Here's why:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by signing up for an account with eToro now.

Open eToro Account
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 your brokerage, you'll need to fill out some personal information so you can buy PLAO today.

How to Start a New 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. Provide your personal details to create your new brokerage account.
  1. Submit your info by hitting the "Create Account" button.
  2. 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.

Step 3: Put funds into your investment account

Now that you have finished signing up on a investment app, you need to deposit funds:

Check out the video below for more details transferring money into your investment account.

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.

Step 4: Analyze Patria Latin American Opportunity Acquisition stock

After you have figured out the best place to buy Patria Latin American Opportunity Acquisition stock, it's important to evaluate their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.

Patria Latin American Opportunity Acquisition stock at a glance

PLAO Price
$11.33
1w %
0.09%
1y %
6.89%
5y %
N/A
P/E
125.89x
P/B
-36x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$10.58M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$256.40M
Next Earnings
N/A
Next Dividend
N/A

PLAO Zen Score

WallStreetZen was designed to help average investors do better fundamental analysis in less time.

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

Is PLAO stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PLAO's true value.

Using relative valuations ratios:

  • PLAO may be overvalued based on its P/E ratio of 125.89x, relative to Shell Companies industry P/E ratio of 35.77x

You can access more valuation research on PLAO's stock here.

PLAO Financial Health

Signs that PLAO is financially healthy:

  • There are more short-term assets than long-term liabilities on the PLAO balance sheet.
  • PLAO has cash burn of 657559. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the PLAO balance sheet.
  • PLAO has $187.40M in cash and short term investments. This is sufficient to cover its annual cash burn of $657.56k.

Signs that PLAO is not financially healthy:

  • Total PLAO debt is still negative.
  • PLAO debt to equity ratio of -1.01 is negative.

PLAO Momentum

SMA10
11.32
SMA20
11.3
SMA50
11.27
SMA100
11.2
SMA200
11.07
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
64.84
Stochastic %K
95.24
Stochastic %D
98.41
StochRSI %K
100
StochRSI %D
100

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

In the past year, insiders at PLAO have not bought or sold any shares.

Get more info about who owns PLAO shares here.

Can I get consistent income from PLAO stock?

No, Patria Latin American Opportunity Acquisition doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your PLAO purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure 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 require more help with investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get notifications regarding your PLAO position

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

Add PLAO to a watchlist to keep track of your PLAO stock.

PLAO Feed

No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.

How to Buy Stock in Patria Latin American Opportunity Acquisition

To reiterate, here are the 6 steps to buy Patria Latin American Opportunity Acquisition stock:

  1. Choose where to buy Patria Latin American Opportunity Acquisition stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Patria Latin American Opportunity Acquisition stock
  5. Place your PLAO purchase
  6. Get notifications regarding your PLAO position

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

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 keep an eye on your new investment in Patria Latin American Opportunity Acquisition, click the button below.

NASDAQ: PLAO
$11.33+0.00 (+0%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: PLAO
$11.33+0.00 (+0%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Patria Latin American Opportunity Acquisition share?

As of Apr 23, 2024, it costs $11.33 to buy one share of Patria Latin American Opportunity 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 0.441 shares of PLAO.

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 Patria Latin American Opportunity Acquisition stock?

One way to place an order for Patria Latin American Opportunity 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.