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How to Buy Spark I Acquisition Stock

Spark I Acquisition Corp

Spark I Acquisition Corporation operates as a blank check company that intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities.

Spark I Acquisition stock last closed at $10.31, up 0% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Shell Companies industry by N/A percentage points. Spark I Acquisition stock is currently +2.33% from its 52-week low of $10.07, and -9.21% from its 52-week high of $11.35.

As of May 10, 2024, there are 16.42M SPKL shares outstanding. The market capitalization of SPKL is $169.23M. In the last 24 hours, 584 SPKL shares were traded.

How to Buy Spark I Acquisition Stock

Not sure how to invest in Spark I Acquisition stock? Here's how.
  1. Decide where to buy Spark I Acquisition stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Spark I Acquisition stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Analyze Spark I Acquisition stock: The Spark I Acquisition ticker symbol is SPKL. Is Spark I Acquisition stock a good investment? Should you buy shares of SPKL? How do SPKL's underlying business fundamentals look? Do top analysts think Spark I Acquisition is a good buy? Why has SPKL's stock price moved recently? (Hint: Our stock market research tools can help you decide if SPKL is a good stock to buy).
  5. Place your SPKL buy order: Decide if you will purchase SPKL shares at the current market price or use a limit order to buy SPKL shares at a given price.
  6. Track your investment in SPKL: Create a watchlist to get the latest news on your new investment in Spark I Acquisition shares.

Step 1: Decide where to buy Spark I Acquisition stock

You need a brokerage account in order to access the NASDAQ market and buy SPKL shares.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to invest in SPKL today.

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Step 3: Fund your brokerage account

Now that you have opened your account on mobile trading apps, your next step is to transfer the money for your investment:

Check out the video below to see the process of depositing money into your new investment account.

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Step 4: Analyze Spark I Acquisition stock

After you have chosen the best place to buy Spark I Acquisition stock, it's absolutely critical to research their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.

Overview of key SPKL info

SPKL Price
$10.31
1w %
0.05%
1y %
N/A
5y %
N/A
P/E
343.5x
P/B
-59.87x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$392.83k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$169.23M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of SPKL

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.

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

Is SPKL stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge SPKL's true value.

Using relative valuations metrics:

  • SPKL could be overvalued based on its P/E ratio of 343.5x, relative to Shell Companies industry P/E ratio of 14.65x

You can do additional valuation research on SPKL's stock here.

SPKL Financial Health

Positive Financial Indicators:

  • SPKL has cash burn of 1477876. 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 SPKL balance sheet.
  • SPKL has $103.94M in cash and short term investments. This is sufficient to cover its annual cash burn of $1.48M.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the SPKL balance sheet.
  • Total SPKL debt is still negative.
  • SPKL debt to equity ratio of -1.42 is negative.

SPKL Trading Indicators

SMA10
10.31
SMA20
10.31
SMA50
10.28
SMA100
10.24
SMA200
N/A
MACD
0.01
MACD Signal
0.01
MACD Histogram
0
RSI
52.26
Stochastic %K
1.57
Stochastic %D
1.62
StochRSI %K
10.39
StochRSI %D
10.69

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

Over the past 12 months, insiders at SPKL have not bought or sold any shares.

Dig into more about who owns SPKL stock here.

Can I rely on SPKL as an income stream?

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

What others are saying about SPKL

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Step 5: Place your SPKL buy order

There are two primary options:

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

Hit the Open Trade button and your broker will place the order.

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Step 6: Track your investment in SPKL

Now that you own some SPKL shares, you'll want to stay up-to-date on your company.

Put SPKL on a watchlist to get notified of important updates regarding your SPKL stock.

SPKL Feed

How to Buy Stock in Spark I Acquisition

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

  1. Decide where to buy Spark I Acquisition stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Analyze Spark I Acquisition stock
  5. Place your SPKL buy order
  6. Track your investment in SPKL

If you require a brokerage account, eToro is our favorite 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 want to monitor your new investment in Spark I Acquisition, add SPKL to your watchlist below.

NASDAQ: SPKL
$10.31+0.00 (+0%)
Updated May 10, 2024
Open eToro Account
NASDAQ: SPKL
$10.31+0.00 (+0%)
Updated May 10, 2024
Open eToro Account

FAQ

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

As of May 10, 2024, it costs $10.31 to buy one share of Spark I 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 0.485 shares of SPKL.

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 Spark I Acquisition stock?

One way to place an order for Spark I 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.