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How to buy Hennessy Capital Acquisition CorpIV stock

Own Hennessy Capital Acquisition CorpIV stock in just a few minutes.

Fact checked

Hennessy Capital Acquisition Corp. IV is a shell companies business based in the US. Hennessy Capital Acquisition CorpIV shares (HCAC) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Hennessy Capital Acquisition CorpIV

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Hennessy Capital Acquisition CorpIV. Find the stock by name or ticker symbol: HCAC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Hennessy Capital Acquisition CorpIV reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Hennessy Capital Acquisition CorpIV, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Hennessy Capital Acquisition CorpIV. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Hennessy Capital Acquisition CorpIV share price

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

Hennessy Capital Acquisition CorpIV shares at a glance

Information last updated 2021-02-14.
52-week rangeUSD$9.75 - USD$22.43
50-day moving average USD$17.915
200-day moving average USD$11.7664
Wall St. target priceN/A
PE ratio 133.75
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.011

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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 Hennessy Capital Acquisition CorpIV 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 Hennessy Capital Acquisition CorpIV under- or over-valued?

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

Hennessy Capital Acquisition CorpIV's P/E ratio

Hennessy Capital Acquisition CorpIV's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 134x. In other words, Hennessy Capital Acquisition CorpIV shares trade at around 134x 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.

Hennessy Capital Acquisition CorpIV financials

Gross profit TTM USD$0
Return on assets TTM -1.23%
Return on equity TTM 0%
Profit margin 0%
Book value $0.133
Market capitalisation USD$727.1 million

TTM: trailing 12 months

Shorting Hennessy Capital Acquisition CorpIV shares

There are currently 2.2 million Hennessy Capital Acquisition CorpIV shares held short by investors – that's known as Hennessy Capital Acquisition CorpIV's "short interest". This figure is 112% up from 1.0 million last month.

There are a few different ways that this level of interest in shorting Hennessy Capital Acquisition CorpIV shares can be evaluated.

Hennessy Capital Acquisition CorpIV's "short interest ratio" (SIR)

Hennessy Capital Acquisition CorpIV's "short interest ratio" (SIR) is the quantity of Hennessy Capital Acquisition CorpIV shares currently shorted divided by the average quantity of Hennessy Capital Acquisition CorpIV shares traded daily (recently around 1.5 million). Hennessy Capital Acquisition CorpIV's SIR currently stands at 1.47. In other words for every 100,000 Hennessy Capital Acquisition CorpIV shares traded daily on the market, roughly 1470 shares are currently held short.

However Hennessy Capital Acquisition CorpIV's short interest can also be evaluated against the total number of Hennessy Capital Acquisition CorpIV shares, or, against the total number of tradable Hennessy Capital Acquisition CorpIV shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hennessy Capital Acquisition CorpIV's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Hennessy Capital Acquisition CorpIV shares in existence, roughly 60 shares are currently held short) or 0.0934% of the tradable shares (for every 100,000 tradable Hennessy Capital Acquisition CorpIV shares, roughly 93 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 Hennessy Capital Acquisition CorpIV.

Find out more about how you can short Hennessy Capital Acquisition CorpIV stock.

Hennessy Capital Acquisition CorpIV share dividends

We're not expecting Hennessy Capital Acquisition CorpIV to pay a dividend over the next 12 months.

Hennessy Capital Acquisition CorpIV overview

Hennessy Capital Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.

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