How to Buy Southland Holdings Stock
Southland Holdings Inc
Legato Merger Corp. II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.
Southland Holdings stock last closed at $8.58, down 2.17% from the previous day, and has decreased 13.68% in one year. It has underperformed other stocks in the Engineering & Construction industry by 0.27 percentage points. Southland Holdings stock is currently +30.65% from its 52-week low of $6.57, and -99.57% from its 52-week high of $2,000.00.
There are currently 47.86M SLND shares outstanding. The market capitalization of SLND is $410.61M. In the last 24 hours, 29,428 SLND shares were traded.
How to Buy Southland Holdings Stock
Wondering how to invest in Southland Holdings stock? Here's how.
- Choose where to buy Southland Holdings stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Southland Holdings stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Research Southland Holdings stock: The Southland Holdings ticker symbol is SLND. Is Southland Holdings stock a good investment? Should you buy shares of SLND? How do SLND's underlying business fundamentals look? Do top analysts think Southland Holdings is a good buy? Why has SLND's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if SLND is a good stock to buy).
- Execute your SLND purchase: Decide if you will purchase SLND shares at the current market price or use a limit order to purchase SLND stock at a particular price.
- Get the latest news on your SLND investment: Create a watchlist to keep tabs on your investment in Southland Holdings shares.
Step 1: Choose where to buy Southland Holdings stock
You will need an online brokerage account to access the NYSEMKT market and buy SLND shares.
Our preferred 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 don't have the money to buy a full share, you can still invest in the stock.
- Access to world markets: From Tech to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can invest in SLND today.
How to Set Up a New Account on eToro
- Click here to get started.
- Enter your personal details to open your new brokerage account.
- Submit your application by clicking the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have opened your account on the highest rated stock app, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring funds into your new investment account.
Step 4: Research Southland Holdings stock
Once you have selected the best place to buy Southland Holdings stock, it's crucial to analyze their stock prior to buying, so you truly understand the risk as well as the upside.
Southland Holdings quick stats
SLND Fundamentals
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on SLND's stock page.
Is SLND stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge SLND's true value.
Using relative valuations metrics:
- SLND could be undervalued based on its P/B ratio of 1.56x, relative to Engineering & Construction industry P/B ratio of 3x
You can access more valuation research on SLND's stock here.
A quick look at SLND Financials
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the SLND balance sheet.
- There are more short-term assets than short-term liabilities on the SLND balance sheet.
Failed Financial Due Diligence Checks:
- SLND has $43.55M in cash and short term investments. This is not enough to cover its annual cash burn of $95.33M.
- SLND has cash burn of 95329183. It does not have sufficient cash and short-term investments to cover this.
- SLND has a relatively high debt to equity ratio of 3.42.
Do Wall Street analysts think it's a good time to buy SLND stock
Out of 1 sell side analysts who give recommendations on SLND, the consensus analyst rating on Southland Holdings is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest SLND Analyst Forecasts
Christian Schwab, a top 7% analyst from Craig-Hallum initiates coverage on SLND with a buy rating and announces their SLND price target of $14.00, on Apr 4, 2023.
You can dive deeper into what analysts are projecting on the Southland Holdings stock forecast page.
Metrics for Advanced SLND Traders
Are SLND executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at SLND have bought more shares than they have sold.
Rudolph V. Renda, Co-COO and EVP of SLND, was the latest SLND insider to buy. They bought $10,348.76 worth of SLND shares on May 25, 2023.
Research more about who owns SLND shares here.
Can I rely on SLND as an income stream?
No, Southland Holdings doesn't provide an income stream by paying out dividends.
What do other investors have to say about SLND?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your SLND purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and eToro will place the order.
If you want additional help with buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your SLND investment
Now that you own some SLND stock, you'll want to stay up-to-date on your new investment.
Put SLND on a watchlist to keep tabs on your SLND stock.
SLND Feed
How to Buy Stock in Southland Holdings
To reiterate, here are the 6 steps for buying Southland Holdings stock:
- Choose where to buy Southland Holdings stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Southland Holdings stock
- Execute your SLND purchase
- Get the latest news on your SLND investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Southland Holdings, get started below.
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