How to buy Alberton Acquisition Corporation stock - 21 April

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Alberton Acquisition Corporation stock

Own Alberton Acquisition Corporation stock in just a few minutes.

Alberton Acquisition Corporation is a shell companies business based in the US. Alberton Acquisition Corporation shares (ALAC) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Alberton Acquisition Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ALAC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Alberton Acquisition Corporation share price

Use our graph to track the performance of ALAC stocks over time.

Alberton Acquisition Corporation shares at a glance

Information last updated 2021-03-29.
52-week range$9.68 - $16.25
50-day moving average $11.54
200-day moving average $11.58
Wall St. target priceN/A
PE ratio 2724.9998
Dividend yield N/A (0%)
Earnings per share (TTM) $0.00

Buy Alberton Acquisition Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
N/A
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Alberton Acquisition Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Alberton Acquisition Corporation under- or over-valued?

Valuing Alberton Acquisition Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alberton Acquisition Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Alberton Acquisition Corporation's P/E ratio

Alberton Acquisition Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2725x. In other words, Alberton Acquisition Corporation shares trade at around 2725x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Alberton Acquisition Corporation financials

Gross profit TTM $-484,108
Return on assets TTM -0.48%
Return on equity TTM 12.52%
Profit margin 0%
Book value $1.15
Market capitalisation $50.3 million

TTM: trailing 12 months

Shorting Alberton Acquisition Corporation shares

There are currently 41,023 Alberton Acquisition Corporation shares held short by investors – that's known as Alberton Acquisition Corporation's "short interest". This figure is 9.4% down from 45,286 last month.

There are a few different ways that this level of interest in shorting Alberton Acquisition Corporation shares can be evaluated.

Alberton Acquisition Corporation's "short interest ratio" (SIR)

Alberton Acquisition Corporation's "short interest ratio" (SIR) is the quantity of Alberton Acquisition Corporation shares currently shorted divided by the average quantity of Alberton Acquisition Corporation shares traded daily (recently around 77401.886792453). Alberton Acquisition Corporation's SIR currently stands at 0.53. In other words for every 100,000 Alberton Acquisition Corporation shares traded daily on the market, roughly 530 shares are currently held short.

However Alberton Acquisition Corporation's short interest can also be evaluated against the total number of Alberton Acquisition Corporation shares, or, against the total number of tradable Alberton Acquisition Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Alberton Acquisition Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Alberton Acquisition Corporation shares in existence, roughly 10 shares are currently held short) or 0.029% of the tradable shares (for every 100,000 tradable Alberton Acquisition Corporation shares, roughly 29 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Alberton Acquisition Corporation.

Find out more about how you can short Alberton Acquisition Corporation stock.

Alberton Acquisition Corporation share dividends

We're not expecting Alberton Acquisition Corporation to pay a dividend over the next 12 months.

Alberton Acquisition Corporation share price volatility

Over the last 12 months, Alberton Acquisition Corporation's shares have ranged in value from as little as $9.68 up to $16.25. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Alberton Acquisition Corporation's is -0.0057. This would suggest that Alberton Acquisition Corporation's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Alberton Acquisition Corporation has bucked the trend.

Alberton Acquisition Corporation overview

Alberton Acquisition Corporation does not have significant operations. It intends to engage in a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses. The company was formerly known as Wisdom Resources Group Limited and changed its name to Alberton Acquisition Corporation in July 2018. Alberton Acquisition Corporation was founded in 2005 and is based in Wan Chai, Hong Kong. .

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site