How to Buy Beam Global Stock
Beam Global
Beam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized products for electric vehicle (EV) charging infrastructure, outdoor media and branding, and energy security products.
Beam Global stock last closed at $6.54, up 1.71% from the previous day, and has decreased 29.37% in one year. It has overperformed other stocks in the Solar industry by 0.2 percentage points. Beam Global stock is currently +30.8% from its 52-week low of $5.00, and -52.12% from its 52-week high of $13.66.
At the moment, there are 14.44M BEEM shares outstanding. The market capitalization of BEEM is $94.43M. In the last 24 hours, 66,353 BEEM shares were traded.
How to Buy Beam Global Stock
Wondering how to invest in Beam Global stock? Here's how.
- Decide where to buy Beam Global stock: You need to pick 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 Beam Global stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Analyze Beam Global stock: The Beam Global ticker symbol is BEEM. Is Beam Global stock a good investment? Should you buy shares of BEEM? How do BEEM's underlying business fundamentals look? Do top analysts think Beam Global is a good buy? Why has BEEM's stock price moved recently? (Hint: Our stock research tools can help you understand if BEEM is a good stock to buy).
- Make your BEEM trade: Decide if you will purchase BEEM shares at the current market price or use a limit order to purchase BEEM stock at a specific price.
- Monitor your BEEM position: Create a watchlist to keep tabs on your investment in Beam Global stock.
Step 1: Decide where to buy Beam Global stock
You will need an online brokerage account to access the NASDAQ market and buy BEEM shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top 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 now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can invest in BEEM stock today.
How to Open a New Brokerage 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 a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on the best stock broker app, you need to deposit funds:
Watch this video walkthrough for more details depositing funds into your brokerage account.
Step 4: Analyze Beam Global stock
Once you have chosen the best place to buy Beam Global stock, it's important to analyze their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Beam Global Metrics
BEEM Zen Score
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on BEEM's stock page.
What is the fair value of BEEM stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BEEM's fair value.
Using relative valuations methods:
- BEEM could be undervalued based on its P/B ratio of 1.91x, relative to Solar industry P/B ratio of 2.5x
You can do additional valuation research on BEEM's stock here.
A quick look at BEEM Financials
Passed Financial Due Diligence Checks:
- Total BEEM debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the BEEM balance sheet.
- BEEM profit margin has gone up from -89.5% to -23.8% in the past year.
- There are more short-term assets than long-term liabilities on the BEEM balance sheet.
Failed Financial Due Diligence Checks:
- BEEM has $10.46M in cash and short term investments. This is not enough to cover its annual cash burn of $14.24M.
- BEEM has cash burn of 14244000. It does not have sufficient cash and short-term investments to cover this.
- BEEM has a relatively high debt to equity ratio of 0.57.
Is it a good time to buy Beam Global stock, according to analysts?
Out of 3 Wall Street analysts who track BEEM, the consensus analyst rating on Beam Global is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Beam Global stock forecast page.
Metrics for Advanced BEEM Traders
Is BEEM Growing Revenue?
Last year, BEEM revenue was $67.35M. Over the last five year, BEEM's revenue has increased by 61.33% per year. This was faster than the Solar industry average of 24.26%.
Learn more about BEEM's earnings and revenue performance here.
Latest Insiders Trades at BEEM
In the past 12 months, insiders at BEEM have bought more shares than they have sold.
George Syllantavos, Director of BEEM, was the latest BEEM insider to buy. They bought $3,273.76 worth of BEEM stock on Dec 12, 2023.
Get more info about who owns BEEM shares here.
Does BEEM provide a stable income stream?
No, Beam Global doesn't provide an income stream by paying out dividends.
What do other investors have to say about BEEM?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your BEEM trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - 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 an exact dollar amount, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you require more assistance investing in stocks on eToro, click the how to video below:
Step 6: Monitor your BEEM position
Now that you own some BEEM shares, you'll want to stay up-to-date on your investment.
Make a watchlist to get notified of the latest news about your BEEM stock.
BEEM Feed
How to Buy Stock in Beam Global
To reiterate, here are the 6 steps to buy stock in Beam Global:
- Decide where to buy Beam Global stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Analyze Beam Global stock
- Make your BEEM trade
- Monitor your BEEM position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in Beam Global, add BEEM to your watchlist by clicking the button below.
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