How to Buy Akoustis Technologies Stock
Akoustis Technologies Inc
Akoustis Technologies, Inc. , through its subsidiary, Akoustis, Inc. , develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States.
Akoustis Technologies stock last closed at $0.56, down 8.11% from the previous day, and has decreased 82.21% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.64 percentage points. Akoustis Technologies stock is currently +23.33% from its 52-week low of $0.45, and -84.45% from its 52-week high of $3.57.
At the moment, there are 98.6M shares of AKTS outstanding. The market value of AKTS is $54.72M. In the past 24 hours, 332,063 AKTS shares were traded.
How to Buy Akoustis Technologies Stock
Not sure how to invest in Akoustis Technologies stock? Here's how.
- Figure out where to buy Akoustis Technologies stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Akoustis Technologies stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Research Akoustis Technologies stock: The Akoustis Technologies ticker symbol is AKTS. Is Akoustis Technologies stock a good investment? Should you buy shares of AKTS? How do AKTS's underlying business fundamentals look? Do top analysts think Akoustis Technologies is a good buy? Why has AKTS's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if AKTS is a good stock to buy).
- Place your AKTS trade: Decide if you will purchase AKTS shares at the current market price or use a limit order to buy AKTS stock at a specific price.
- Monitor your investment in AKTS: Create a watchlist to get the latest news on your investment in Akoustis Technologies stock.
Step 1: Figure out where to buy Akoustis Technologies stock
You need an online brokerage account in order to access the NASDAQ market and buy AKTS stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you can invest in AKTS today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock trading app, you need to deposit funds:
Watch this video walkthrough for more details depositing funds into your investment account.
Step 4: Research Akoustis Technologies stock
Once you have chosen the best place to buy Akoustis Technologies stock, it's crucial to analyze their stock before you buy, so you can understand the risk as well as the opportunity.
Akoustis Technologies shares at a glance
Akoustis Technologies Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on AKTS's stock page.
Is AKTS stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge AKTS's intrinsic value.
Using relative valuations ratios:
- AKTS may be undervalued based on its P/B ratio of 1.02x, relative to Communication Equipment industry P/B ratio of 2.68x
You can do additional valuation research on AKTS's stock here.
How do AKTS Financials look?
Signs that AKTS is financially healthy:
- There are more short-term assets than short-term liabilities on the AKTS balance sheet.
Signs that AKTS is not financially healthy:
- AKTS has cash burn of 52161000. It does not have enough cash and short-term investments to cover this.
- AKTS profit margin has gone up by 0.55 percentage points in the past year, but the company is still unprofitable.
- There are more long-term liabilities than short-term assets on the AKTS balance sheet.
- Total AKTS debt is higher than 5 years ago, relative to shareholder equity.
- AKTS has a relatively high debt to equity ratio of 1.08.
- AKTS has $12.88M in cash and short term investments. This is not sufficient to cover its annual cash burn of $52.16M.
Is it a good time to buy Akoustis Technologies stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who track AKTS, the consensus analyst rating on AKTS is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Akoustis Technologies stock forecast page.
AKTS Momentum
AKTS Growth Metrics
Last year, AKTS revenue was $29.71M. Over the last five year, AKTS's revenue has grown by 93.38% per year. This was faster than the Communication Equipment industry average of 3.95%.
Dive into AKTS's earnings and revenue performance here.
Are AKTS insiders buying or selling the stock?
In the past year, executives and large shareholders at AKTS have bought more shares than they have sold.
David Aichele, EVP of Business Development of AKTS, was the latest AKTS insider to buy. They bought $40,000.00 worth of AKTS stock on Jan 29, 2024.
Learn more about who owns AKTS shares here.
Can I get consistent income from AKTS stock?
No, Akoustis Technologies doesn't provide an income stream by paying out dividends.
AKTS Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your AKTS trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open button and eToro will place the order.
If you require more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in AKTS
Now that you own some AKTS shares, you'll want to stay up-to-date on your new investment.
Add AKTS to a watchlist to get alerted to the latest events about your AKTS stock.
AKTS Feed
How to Buy Stock in Akoustis Technologies
To reiterate, here are the 6 steps to buy Akoustis Technologies stock:
- Figure out where to buy Akoustis Technologies stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Akoustis Technologies stock
- Place your AKTS trade
- Monitor your investment in AKTS
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Akoustis Technologies, click the button below.
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