How to Buy Authid Stock
Authid Inc
authID Inc. operates an Identity as a Service (IDaaS) platform that delivers a suite of secure, mobile, and biometric identity solutions worldwide.
Authid stock last closed at $7.52, down 6.29% from the previous day, and has increased 123.88% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 1.05 percentage points. Authid stock is currently +188.01% from its 52-week low of $2.61, and -44.83% from its 52-week high of $13.63.
There are currently 9.45M shares of AUID outstanding. The market capitalization of AUID is $71.07M. In the past 24 hours, 33,163 AUID shares were traded.
How to Buy Authid Stock
Not sure how to invest in Authid stock? Here's how.
- Choose where to buy Authid stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Authid stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Analyze Authid stock: The Authid ticker symbol is AUID. Is Authid stock a good investment? Should you buy shares of AUID? How do AUID's underlying business fundamentals look? Do top analysts think Authid is a good buy? Why has AUID's stock price moved recently? (Hint: Our stock market research website can help you figure out if AUID is a good stock to buy).
- Execute your AUID buy order: Decide if you will purchase AUID shares at the current market price or use a limit order to buy AUID stock at a particular price.
- Get the latest scoop on your AUID investment: Create a watchlist to watch your investment in Authid shares.
Step 1: Choose where to buy Authid stock
You will need a brokerage account in order to access the NASDAQ market and buy AUID shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Technology to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you are able to buy AUID today.
How to Start a New 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.
- Enter your personal data to open your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on our top ranked stock trading app, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Analyze Authid stock
Once you have decided on the best place to buy Authid stock, it's important to analyze their stock before you invest, so you actually understand the risk as well as the opportunity.
Authid stock at a glance
Fundamentals of AUID
WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on AUID's stock page.
Is AUID stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AUID's true value.
Using relative valuations methods:
- AUID may be undervalued based on its P/B ratio of 5.38x, relative to Software - Infrastructure industry P/B ratio of 11.33x
You can access more valuation research on AUID's stock here.
AUID Financial Health
Pros:
- There are more short-term assets than long-term liabilities on the AUID balance sheet.
- AUID has cash burn of 8389445. It has enough cash and short-term investments to cover this for at least one year.
- Total AUID debt is lower than 5 years ago, relative to shareholder equity.
- AUID has a low debt to equity ratio of 0.17.
- There are more short-term assets than short-term liabilities on the AUID balance sheet.
Cons:
- AUID profit margin has gone down from -4,594.1% to -10,195.2% in the past year.
- AUID has $10.18M in cash and short term investments. This is not enough to cover its annual cash burn of $8.39M.
Metrics for Advanced AUID Traders
AUID Performance Numbers
Last year, AUID revenue was $190.29k. During the last five year, AUID's revenue has grown by -45.14% per year. This was slower than the Software - Infrastructure industry average of 17.29%.
Find out more about AUID's earnings and revenue performance here.
Latest Insiders Trades at AUID
Over the past 12 months, insiders at AUID have bought more shares than they have sold.
Stephen Jeffrey Garchik, 10% Owner of AUID, was the latest AUID insider to buy. They bought $82,200.00 worth of AUID stock on Apr 23, 2024.
Dig into more about who owns AUID shares here.
Can I get consistent income from AUID stock?
No, Authid doesn't provide an income stream by paying out dividends.
What others are saying about AUID
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your AUID buy order
There are two main 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 best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open button and eToro will execute the order.
If you require more help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your AUID investment
Now that you own some AUID shares, you'll want to keep up with your new shares.
Put AUID on a watchlist to track your AUID stock.
AUID Feed
How to Buy Stock in Authid
To summarize, here are the 6 steps to buy Authid stock:
- Choose where to buy Authid stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Analyze Authid stock
- Execute your AUID buy order
- Get the latest scoop on your AUID investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Authid, click the button below.
Other Content You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.