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How to Buy Abits Group Stock

Abits Group Inc

Abits Group Inc. , a digital company, engages in the provision of bitcoin mining and related services in the United States.

Abits Group stock last closed at $0.79, up 7.83% from the previous day, and has decreased 17.37% in one year. It has underperformed other stocks in the Advertising Agencies industry by 0.26 percentage points. Abits Group stock is currently +38.94% from its 52-week low of $0.57, and -56.39% from its 52-week high of $1.80.

At the moment, there are 35.55M ABTS shares outstanding. The market value of ABTS is $27.91M. In the last 24 hours, 13,121 ABTS shares were traded.

How to Buy Abits Group Stock

Not sure how to invest in Abits Group stock? Here's how.
  1. Decide where to buy Abits Group stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Abits Group stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Select your payment method and add your details.
  4. Evaluate Abits Group stock: The Abits Group ticker symbol is ABTS. Is Abits Group stock a good investment? Should you buy shares of ABTS? How do ABTS's underlying business fundamentals look? Do top analysts think Abits Group is a good buy? Why has ABTS's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ABTS is a good stock to buy).
  5. Make your ABTS purchase: Decide if you will purchase ABTS shares at the current market price or use a limit order to buy ABTS stock at a specific price.
  6. Monitor your investment in ABTS: Create a watchlist to important notifications about your position in Abits Group shares.

Step 1: Decide where to buy Abits Group stock

You will need a brokerage account to access the NASDAQ market and buy ABTS stock.

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

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Step 2: Create your brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal info so you can buy ABTS today.

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Step 3: Put funds into your investment account

Now that you have opened your account on apps for stock market, you need to deposit funds:

Watch the video below if you need help transferring money into your new investment account.

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Step 4: Evaluate Abits Group stock

After you have chosen the best place to buy Abits Group stock, it's very important to evaluate their stock prior to investing, so you actually comprehend the risk and upside.

Abits Group Metrics

ABTS Price
$0.79
1w %
1.82%
1y %
-17.37%
5y %
-24.52%
P/E
-1.12x
P/B
1.36x
P/S
196.25x
PEG
N/A
Revenue
$131.28k
Earnings
-$24.10M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$27.91M
Next Earnings
N/A
Next Dividend
N/A

ABTS Due Diligence Checks

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on ABTS's stock page.

Is ABTS stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge ABTS's fair value.

Using relative valuations measures:

  • ABTS may be undervalued based on its P/B ratio of 1.36x, relative to Advertising Agencies industry P/B ratio of 3.41x

You can do additional valuation analysis on ABTS's stock here.

ABTS Financial Health

Signs that ABTS is financially healthy:

  • ABTS has a low debt to equity ratio of 0.03.
  • Total ABTS debt is lower than 5 years ago, relative to shareholder equity.

Signs that ABTS is not financially healthy:

  • ABTS profit margin has gone down from -4,757.7% to -18,358.8% in the past year.
  • ABTS has $1.54M in cash and short term investments. This is not enough to cover its annual cash burn of $44.62M.
  • ABTS has cash burn of 44623144. It does not have enough cash and short-term investments to cover this.

ABTS Technical Indicators

SMA10
0.76
SMA20
0.72
SMA50
0.81
SMA100
0.94
SMA200
0.98
MACD
-0.01
MACD Signal
-0.02
MACD Histogram
0.01
RSI
53.13
Stochastic %K
68.26
Stochastic %D
66.55
StochRSI %K
73.01
StochRSI %D
71.97

ABTS Growth Metrics

Last year, ABTS revenue was $131.28k. Over the last five year, ABTS's revenue has grown by -3.34% per year. This was slower than the Advertising Agencies industry average of 3.35%.

You can analyze ABTS's earnings and revenue performance here.

What are ABTS insiders up to?

In the last 12 months, insiders at ABTS have not bought or sold any shares.

Get more info about who owns ABTS stock here.

Does ABTS provide a stable income stream?

No, Abits Group doesn't provide an income stream by paying out dividends.

What do other traders have to say about ABTS?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your ABTS purchase

You have two primary order types:

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

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

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Step 6: Monitor your investment in ABTS

Now that you own some shares in ABTS, you'll want to keep up with your company.

Add ABTS to a watchlist to track the latest developments regarding your ABTS stock.

ABTS Feed

How to Buy Stock in Abits Group

To reiterate, here are the 6 steps you need to take to buy Abits Group stock right now:

  1. Decide where to buy Abits Group stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Evaluate Abits Group stock
  5. Make your ABTS purchase
  6. Monitor your investment in ABTS

If you need a place to buy stocks, eToro is our recommended venue.

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 would like to watch your new investment in Abits Group, create your watchlist below.

NASDAQ: ABTS
$0.79+0.06 (+7.83%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: ABTS
$0.79+0.06 (+7.83%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Abits Group share?

As of Apr 26, 2024, it costs $0.79 to buy one share of Abits Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.39, you can buy 0.5 shares of ABTS.

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 Abits Group stock?

One way to place an order for Abits Group 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.