Malacca Straits Acquisition (MLAC) Stock Price Today & Analysis
MLAC
Valuation
Market cap$325.42M
Price-to-sales ratioN/A
Price-to-book valueN/A
Price-earnings ratio39.30
Return on EquityN/A
Return on SalesN/A
Return on AssetsN/A
PEG ratioN/A
Earnings Per Share
Earnings Per Share$0.27
Income Statement
Average volume62,468
EBITDAN/A
1 year high (52w)$10.69
1 year low (52w)$10.00
Dividend
Dividend yield0.00%
Solvency
Debt-to-equity ratioN/A
About Malacca Straits Acquisition
Malacca Straits Acquisition Company Limited does not have significant business. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media, food processing, renewable energy, and healthcare industries. The company was formerly known as Bilbao Street Limited and changed its name to Malacca Straits Acquisition Company Limited in February 2020. Malacca Straits Acquisition Company Limited was founded in 2019 and is based in Central, Hong Kong.
FAQ
Buying Malacca Straits Acquisition (MLAC) stock is now easy and instant through the Gotrade app.
- Download the Gotrade app from the App Store or Google Play.
- Create an account and complete KYC.
- Make a deposit.
- Search for the code "MLAC", then tap "Trade".
- Tap the "Buy" button.
- Enter the amount you want to buy. You have two options:
- Buy MLAC by number of shares.
- Buy fractional shares in dollars, starting from $1.
- Swipe up to confirm your order—done!
On Gotrade, you don't have to buy a full lot. With fractional shares, you can start investing in Malacca Straits Acquisition from just $1. A small budget shouldn't stop you from building a US stock portfolio.
At the moment, Malacca Straits Acquisition (MLAC) does not pay dividends because it focuses on reinvesting profits for company growth (a growth stock). However, you can still potentially earn profit from share price increases (capital gains). Track MLAC's performance via the price chart in the Gotrade app.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA).
You can place orders 24/7. Transactions will be executed when the US market (NYSE/NASDAQ) is open, from 9:30 PM to 4:00 AM WIB. Gotrade also provides access to pre-market and after-hours trading, so you have more flexibility and aren't limited to regular working hours.
Market hours may change due to daylight saving time and holidays. In Gotrade, you can see the market status (open/closed) directly in the app.
There's no single perfect answer, but common approaches include:
- Compare valuation (e.g., P/E, P/S) against historical averages or competitors.
- Review revenue and earnings growth.
- Check margins and cash flow.
- Evaluate business outlook and the company's position within its industry.
