WallStreetZenWallStreetZen

How to Buy Allied Gaming & Entertainment Stock

Allied Gaming & Entertainment Inc

Allied Gaming & Entertainment Inc. provides entertainment and gaming products worldwide.

Allied Gaming & Entertainment stock last closed at $0.79, down 5.95% from the previous day, and has decreased 28.18% in one year. It has underperformed other stocks in the Entertainment industry by 0.38 percentage points. Allied Gaming & Entertainment stock is currently +3.95% from its 52-week low of $0.76, and -47.33% from its 52-week high of $1.50.

At the moment, there are 44.14M shares of AGAE outstanding. The market cap of AGAE is $34.87M. In the past 24 hours, 33,512 AGAE shares were traded.

How to Buy Allied Gaming & Entertainment Stock

Wondering how to invest in Allied Gaming & Entertainment stock? Here's how.
  1. Decide where to buy Allied Gaming & Entertainment stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Allied Gaming & Entertainment stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your payment method and add your information.
  4. Research Allied Gaming & Entertainment stock: The Allied Gaming & Entertainment ticker symbol is AGAE. Is Allied Gaming & Entertainment stock a good investment? Should you buy shares of AGAE? How do AGAE's underlying business fundamentals look? Do top analysts think Allied Gaming & Entertainment is a good buy? Why has AGAE's stock price moved recently? (Hint: Our stock market research tools can help you figure out if AGAE is a good stock to buy).
  5. Make your AGAE buy order: Decide if you will purchase AGAE shares at the current market price or use a limit order to purchase AGAE stock at a particular price.
  6. Watch your AGAE position: Create a watchlist to get the latest news on your position in Allied Gaming & Entertainment stock.

Step 1: Decide where to buy Allied Gaming & Entertainment stock

You will need a brokerage account in order to access the NASDAQ market and buy AGAE stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Energy, New York to Tokyo — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you are able to buy AGAE today.

How to Set Up a New Account on eToro

  1. 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.
  2. Provide your personal details to create a new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
  2. 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.

Step 3: Deposit funds into your investment account

Now that you've created your account on the best stock market app for beginners, you can securely and quickly fund your account:

Check out the tutorial below to see the process of transferring funds into your new investment account.

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.

Step 4: Research Allied Gaming & Entertainment stock

Once you have chosen the best place to buy Allied Gaming & Entertainment stock, it's critical to research their stock prior to buying, so you actually comprehend the risk and opportunity.

Allied Gaming & Entertainment Numbers

AGAE Price
$0.79
1w %
-14.13%
1y %
-28.18%
5y %
-92.27%
P/E
-7.9x
P/B
0.42x
P/S
3.83x
PEG
N/A
Revenue
$7.66M
Earnings
-$3.60M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$34.87M
Next Earnings
May 9, 2024
Next Dividend
N/A

Fundamentals of Allied Gaming & Entertainment

WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in less time.

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

Is AGAE stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge AGAE's fair value.

Using relative valuations methods:

  • AGAE may be undervalued based on its P/B ratio of 0.42x, relative to Entertainment industry P/B ratio of 2.73x

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

Is AGAE a healthy company?

Signs that AGAE is financially healthy:

  • Total AGAE debt is lower than 5 years ago, relative to shareholder equity.
  • AGAE has cash burn of 9078832. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the AGAE balance sheet.
  • There are more short-term assets than short-term liabilities on the AGAE balance sheet.
  • AGAE has a low debt to equity ratio of 0.23.
  • AGAE has $77.82M in cash and short term investments. This is sufficient to cover its annual cash burn of $9.08M.

Signs that AGAE is not financially healthy:

  • AGAE profit margin has gone up by 1.23 percentage points in the past year, but the company is still unprofitable.

Metrics for Advanced AGAE Traders

SMA10
0.91
SMA20
0.93
SMA50
0.98
SMA100
1.05
SMA200
0.98
MACD
-0.03
MACD Signal
-0.02
MACD Histogram
-0.01
RSI
34.44
Stochastic %K
9.81
Stochastic %D
9.88
StochRSI %K
11.62
StochRSI %D
13.9

AGAE Performance Metrics

Last year, AGAE revenue was $7.66M. During the past five year, AGAE's revenue has increased by -17.96% per year. This was slower than the Entertainment industry average of 15.12%.

You can research AGAE's earnings and revenue performance here.

Latest Insiders Trades at AGAE

Over the past 12 months, insiders at AGAE have bought more shares than they have sold.

Roy Lawrence Anderson, Chief Financial Officer of AGAE, was the latest AGAE insider to sell. They sold $2,700.88 worth of AGAE stock on Feb 22, 2024.

Research more about who owns AGAE stock here.

Does AGAE stock generate passive income?

No, Allied Gaming & Entertainment doesn't provide an income stream by paying out dividends.

AGAE Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your AGAE buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price limit, use a limit order.

Hit the Open Trade button and eToro will place your order.

If you need additional info about investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Watch your AGAE position

Now that you own some AGAE stock, you'll want to keep up with your new investment.

Make a watchlist to get notified of important updates regarding your AGAE stock.

AGAE Feed

How to Buy Stock in Allied Gaming & Entertainment

To reiterate, here are the 6 steps to buy Allied Gaming & Entertainment stock:

  1. Decide where to buy Allied Gaming & Entertainment stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Research Allied Gaming & Entertainment stock
  5. Make your AGAE buy order
  6. Watch your AGAE position

If you need a online brokerage, 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 want to watch your new investment in Allied Gaming & Entertainment, click below.

NASDAQ: AGAE
$0.79-0.05 (-5.95%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: AGAE
$0.79-0.05 (-5.95%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Allied Gaming & Entertainment share?

As of Apr 18, 2024, it costs $0.79 to buy one share of Allied Gaming & Entertainment stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.4, you can buy 0.5 shares of AGAE.

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 Allied Gaming & Entertainment stock?

One way to place an order for Allied Gaming & Entertainment 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.