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How to Buy Anghami Stock

Anghami Inc

Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa.

Anghami stock last closed at $1.24, down 2.36% from the previous day, and has decreased 24.39% in one year. It has underperformed other stocks in the Entertainment industry by 0.34 percentage points. Anghami stock is currently +96.83% from its 52-week low of $0.63, and -64.47% from its 52-week high of $3.49.

There are currently 26.01M shares of ANGH outstanding. The market cap of ANGH is $32.25M. In the last 24 hours, 65,098 ANGH shares were traded.

How to Buy Anghami Stock

Not sure how to invest in Anghami stock? Here's how.
  1. Decide where to buy Anghami stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Anghami stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Anghami stock: The Anghami ticker symbol is ANGH. Is Anghami stock a good investment? Should you buy shares of ANGH? How do ANGH's underlying business fundamentals look? Do top analysts think Anghami is a good buy? Why has ANGH's stock price moved recently? (Hint: Our stock research website can help you figure out if ANGH is a good stock to buy).
  5. Execute your ANGH purchase: Decide if you will purchase ANGH shares at the current market price or use a limit order to purchase ANGH shares at a particular price.
  6. Get key alerts regarding your ANGH investment: Create a watchlist to get the latest news on your investment in Anghami stock.

Step 1: Decide where to buy Anghami stock

You need a brokerage account to access the NASDAQ market and buy ANGH shares.

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

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal info so you can buy ANGH stock today.

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  2. Enter your personal data to start your new brokerage account.
  1. Send your information by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have filled out your info on apps for stocks, your next step is to transfer the money for your investment:

Watch the tutorial below for more details transferring funds into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Anghami stock

After you have identified the best place to buy Anghami stock, it's very important to evaluate their stock before you buy, so you can comprehend the risk and opportunity.

Overview of key ANGH info

ANGH Price
$1.24
1w %
-1.59%
1y %
-24.39%
5y %
N/A
P/E
-1.41x
P/B
-1.87x
P/S
0.7x
PEG
N/A
Revenue
$46.25M
Earnings
-$22.87M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$32.25M
Next Earnings
May 14, 2024
Next Dividend
N/A

Anghami Fundamentals

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

You can see all of the due diligence checks on ANGH's stock page.

Is ANGH stock overvalued?

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

You can do more valuation research on ANGH's stock here.

ANGH Financial Health Overview

Signs that ANGH is financially healthy:

  • ANGH's operating cash flow of $9.25M allows it to safely service it's debt of $269.24k.
  • There are more short-term assets than long-term liabilities on the ANGH balance sheet.

Signs that ANGH is not financially healthy:

  • ANGH debt to equity ratio of -2.28 is negative.
  • There are more short-term liabilities than short-term assets on the ANGH balance sheet.
  • ANGH profit margin has gone up by 1.23 percentage points in the past year, but the company is still unprofitable.
  • Total ANGH debt is still negative.
  • ANGH earnings of -$22.04M is not enough to cover its interest payments.

ANGH Momentum

SMA10
1.24
SMA20
1.47
SMA50
1.19
SMA100
1.22
SMA200
1.11
MACD
-0.01
MACD Signal
0.03
MACD Histogram
-0.04
RSI
47.49
Stochastic %K
24.63
Stochastic %D
24.71
StochRSI %K
24.01
StochRSI %D
22.64

How is ANGH performing as a company?

Last year, ANGH revenue was $46.25M. During the past 2 year, ANGH's revenue has grown by 19.64% per year. This was faster than the Entertainment industry average of 15.12%.

Learn more about ANGH's earnings and revenue performance here.

What are ANGH insiders up to?

Over the past year, insiders at ANGH have not bought or sold any shares.

Dig into more about who owns ANGH stock here.

Can I rely on ANGH as an income stream?

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

What do other investors have to say about ANGH?

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

Click below to learn what other traders have to say.

Step 5: Execute your ANGH purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.

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

If you require more help buying stocks on eToro, click the how to video below:

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Step 6: Get key alerts regarding your ANGH investment

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

Add ANGH to a watchlist to track your ANGH stock.

ANGH Feed

How to Buy Stock in Anghami

To reiterate, here are the 6 steps for buying Anghami stock:

  1. Decide where to buy Anghami stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Anghami stock
  5. Execute your ANGH purchase
  6. Get key alerts regarding your ANGH investment

If you are looking for a online brokerage, eToro is our favorite 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 Anghami, get started below.

NASDAQ: ANGH
$1.24-0.03 (-2.36%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: ANGH
$1.24-0.03 (-2.36%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Anghami share?

As of Apr 18, 2024, it costs $1.24 to buy one share of Anghami stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.62, you can buy 0.5 shares of ANGH.

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 Anghami stock?

One way to place an order for Anghami 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.