Ginkgo Bioworks plans to go public by merging with special purpose acquisition company (SPAC), Soaring Eagle Acquisition Corp. But there’s no word yet on its anticipated release date or projected share price. Here's how investors in Canada can prepare to buy in when Ginkgo Bioworks finally goes public.
Open your account.Provide your personal information and sign up.
Confirm your payment details.You'll need to fund your account with a bank transfer, debit card or credit card.
Search the platform for stock code:DNA in this case.
Research stocks.The platform should provide the latest information available.
Buy your stocks.Place a market order or limit order with your preferred number of shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.
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Is it a good time to buy Ginkgo Bioworks stock?
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Use our graph to track the performance of DNA stocks over time.
Share price volatility
Over the last 12 months, Ginkgo Bioworks's shares have ranged in value from as little as $0.9928 up to $2.545. 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 (NYSE average) beta is 1, while Ginkgo Bioworks's is 1.419. This would suggest that Ginkgo Bioworks's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Historical closes compared with the last close of $0.8716
1 week (2024-04-11)
-13.70%
1 month (2024-03-18)
-20.04%
3 months (2024-01-18)
-27.97%
6 months (2023-10-18)
-44.13%
1 year (2023-04-18)
-33.97%
2 years (2022-04-18)
-77.18%
3 years (2021-04-18)
-91.39%
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Frequently asked questions
We're not expecting Ginkgo Bioworks to pay a dividend over the next 12 months. Typically it's companies that have been around for longer that pay dividends (Ginkgo Bioworks had its IPO on 18 April 2021). However, you can browse other dividend-paying shares in our guide.
Currently 6.737% of Ginkgo Bioworks shares are held by insiders and 83.717% by institutions.
Ginkgo Bioworks's fiscal year ends in December.
Ginkgo Bioworks's address is: 27 Drydock Avenue, Boston, MA, United States, 02210
It's as easy to sell Ginkgo Bioworks as it is to buy! Here's how to sell Ginkgo Bioworks stocks that you already own.
Open your investment app. If you've got one with desktop access, you can log in online
Go to your portfolio. This should be in the main menu
Find your shares. You may be able to search your portfolio
Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
Sell your Ginkgo Bioworks shares. Your investment platform will let you know when your shares are sold
Most dealing providers will let you use your debit card to top up your account and buy shares. The main ways are with a debit card, bank transfer or with Apple/Google Pay.
The easiest way to get hold of some Ginkgo Bioworks shares is to sign up for a stock trading app and place a market order or basic order. This type of order tells the platform that you're interested, so it'll try to execute it as quickly as it can. It could take some time for the order to go through, especially if there's a lot of volatility in Ginkgo Bioworks shares.
Ginkgo Bioworks financials
Revenue TTM
$251.5 million
Gross profit TTM
$273.5 million
Return on assets TTM
-21.82%
Return on equity TTM
-63.02%
Profit margin
0%
Book value
$0.55
Market capitalisation
$2.3 billion
TTM: trailing 12 months
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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