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How to Buy Southport Acquisition Stock

Southport Acquisition Corp

Southport Acquisition is a shell company located in California, United States, which is part of the Industrials sector, and is traded under the ticker PORT on the NYSE exchange.

Southport Acquisition stock last closed at $10.44, up 0% from the previous day, and has increased 5.45% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. Southport Acquisition stock is currently +5.88% from its 52-week low of $9.86, and -4.22% from its 52-week high of $10.90.

As of May 26, 2023, there are 28.75M shares of PORT outstanding. The market capitalization of PORT is $300.15M. In the past 24 hours, 1 PORT shares were traded.

How to Buy Southport Acquisition Stock

Wondering how to invest in Southport Acquisition stock? Here's how.
  1. Choose where to buy Southport Acquisition stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Southport Acquisition stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your payment method and add your information.
  4. Analyze Southport Acquisition stock: The Southport Acquisition ticker symbol is PORT. Is Southport Acquisition stock a good investment? Should you buy shares of PORT? How do PORT's underlying business fundamentals look? Do top analysts think Southport Acquisition is a good buy? Why has PORT's stock price moved recently? (Hint: Our stock research website can help you evaluate if PORT is a good stock to buy).
  5. Place your PORT purchase: Decide if you will purchase PORT shares at the current market price or use a limit order to purchase PORT stock at a particular price.
  6. Watch your PORT investment: Create a watchlist to get the latest news on your investment in Southport Acquisition stock.

Step 1: Choose where to buy Southport Acquisition stock

You need a brokerage account to access the NYSE market and buy PORT stock.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. Here's why:

  • 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 invest in the stock.
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  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

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

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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 picked your brokerage, it's time to fill out some personal information so you can invest in PORT stock today.

How to Start a New Brokerage Account on eToro

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

Now that you've created your account on the best stock trading app, your next step is to transfer the money for your investment:

Watch this video walkthrough to see the process of depositing funds into your brokerage account.

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Step 4: Analyze Southport Acquisition stock

Once you have chosen the best place to buy Southport Acquisition stock, it's important to analyze their stock prior to investing, so you can wrap your head around the risk and opportunity.

Overview of key PORT info

PORT Price
$10.44
1w %
0.1%
1y %
5.45%
5y %
N/A
P/E
N/A
P/B
-117.36x
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
$300.15M
Next Earnings
N/A
Next Dividend
N/A

PORT Due Diligence Checks

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

You can view all of the due diligence checks on PORT's stock page.

Is PORT stock overvalued?

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

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

PORT Financial Overview

Failed Health Checks:

  • Total PORT debt is still negative.
  • There are more long-term liabilities than short-term assets on the PORT balance sheet.
  • There are more short-term liabilities than short-term assets on the PORT balance sheet.
  • PORT debt to equity ratio of -1.21 is negative.

PORT Technical Indicators

SMA10
10.43
SMA20
10.43
SMA50
10.4
SMA100
10.34
SMA200
10.18
MACD
0.01
MACD Signal
0.01
MACD Histogram
0
RSI
74.19
Stochastic %K
91.67
Stochastic %D
86.11
StochRSI %K
33.37
StochRSI %D
34.08

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

In the past 12 months, insiders at PORT have not bought or sold any shares.

Get more info about who owns PORT shares here.

Does PORT stock generate passive income?

No, Southport Acquisition doesn't provide an income stream by paying out dividends.

What do other investors have to say about PORT?

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

Click below to see what other community members have to say.

Step 5: Place your PORT purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order allows you 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 limit, use a limit order.

Click the Open Trade button and your broker will execute the order.

If you want more assistance investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Watch your PORT investment

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

Start a watchlist to get notified of important updates regarding your PORT stock.

PORT Feed

How to Buy Stock in Southport Acquisition

To reiterate, here are the 6 steps for buying Southport Acquisition stock:

  1. Choose where to buy Southport Acquisition stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Southport Acquisition stock
  5. Place your PORT purchase
  6. Watch your PORT investment

If you are looking for a brokerage, eToro is our favorite option.

Get Started with eToro Today

If you want to get updates on your new investment in Southport Acquisition, click the button below.

NYSE: PORT
$10.44+0.00 (+0%)
Updated May 26, 2023
Open eToro Account
NYSE: PORT
$10.44+0.00 (+0%)
Updated May 26, 2023
Open eToro Account

FAQ

How much does it cost to buy one Southport Acquisition share?

As of May 26, 2023, it costs $10.44 to buy one share of Southport 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 0.479 shares of PORT.

Get Started with eToro Today

What is the best way to buy Southport Acquisition stock?

One way to place an order for Southport 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.