WallStreetZenWallStreetZen

How to Buy Blink Charging Co Stock

Blink Charging Co

Blink Charging Co. , through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally.

Blink Charging Co stock last closed at $2.31, down 0.86% from the previous day, and has decreased 66.67% in one year. It has underperformed other stocks in the Engineering & Construction industry by 1.22 percentage points. Blink Charging Co stock is currently +5.96% from its 52-week low of $2.18, and -70% from its 52-week high of $7.70.

At the moment, there are 100.99M BLNK shares outstanding. The market capitalization of BLNK is $233.30M. In the last 24 hours, 2.57M BLNK shares were traded.

How to Buy Blink Charging Co Stock

Wondering how to invest in Blink Charging Co stock? Here's how.
  1. Figure out where to buy Blink Charging Co stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Blink Charging Co stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your details.
  4. Analyze Blink Charging Co stock: The Blink Charging Co ticker symbol is BLNK. Is Blink Charging Co stock a good investment? Should you buy shares of BLNK? How do BLNK's underlying business fundamentals look? Do top analysts think Blink Charging Co is a good buy? Why has BLNK's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if BLNK is a good stock to buy).
  5. Execute your BLNK buy order: Decide if you will purchase BLNK shares at the current market price or use a limit order to purchase BLNK stock at a particular price.
  6. Watch your BLNK position: Create a watchlist to keep track of your investment in Blink Charging Co stock.

Step 1: Figure out where to buy Blink Charging Co stock

You will need an online brokerage account to access the NASDAQ market and buy BLNK stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

In our opinion, eToro is the best online stock brokerage. Here's why:

  • 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 invest in the stock.
  • Access to world financial markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community with 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 fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by opening an account with eToro today.

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: Create a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy BLNK stock today.

How to Start a New Investment 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. Enter your personal details to open a new trading account.
  1. Send your application 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: Put funds into your brokerage account

Now that you've filled out your info on our top ranked stock market app, you can securely and quickly fund your account:

Watch the tutorial below for more details depositing money into your brokerage 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: Analyze Blink Charging Co stock

Once you have selected the best place to buy Blink Charging Co stock, it's crucial to research their stock before you buy, so you can understand the risk as well as the opportunity.

Blink Charging Co stock quick numbers

BLNK Price
$2.31
1w %
-2.12%
1y %
-66.67%
5y %
-31.04%
P/E
-0.72x
P/B
0.81x
P/S
1.04x
PEG
N/A
Revenue
$140.60M
Earnings
-$203.69M
Fore. Rev. Growth
28.16%
Fore. Earn. Growth
N/A
Market Cap
$233.30M
Next Earnings
May 7, 2024
Next Dividend
N/A

BLNK Zen Score

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis quickly.

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

Is BLNK stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge BLNK's intrinsic value.

Using relative valuations ratios:

  • BLNK may be undervalued based on its P/B ratio of 0.81x, relative to Engineering & Construction industry P/B ratio of 4.17x

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

BLNK Financial Summary

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the BLNK balance sheet.
  • There are more short-term assets than short-term liabilities on the BLNK balance sheet.
  • BLNK has cash burn of 106150000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Health Checks:

  • BLNK has $121.77M in cash and short term investments. This is not enough to cover its annual cash burn of $106.15M.
  • Total BLNK debt is higher than 5 years ago, relative to shareholder equity.
  • BLNK profit margin has gone up by 0.05 percentage points in the past year, but the company is still unprofitable.
  • BLNK has a relatively high debt to equity ratio of 0.48.

Do analysts think it's a good time to buy Blink Charging Co stock

Out of 4 Wall Street analysts who give ratings on BLNK, the consensus analyst rating on Blink Charging Co is a Buy

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Blink Charging Co stock forecast page.

Metrics for Advanced BLNK Traders

SMA10
2.35
SMA20
2.55
SMA50
2.83
SMA100
2.85
SMA200
3.48
MACD
-0.14
MACD Signal
-0.13
MACD Histogram
-0.01
RSI
37.68
Stochastic %K
22.32
Stochastic %D
19.16
StochRSI %K
34.31
StochRSI %D
27.23

How are BLNK Revenues/Earnings doing?

Last year, BLNK revenue was $140.60M. Over the last five year, BLNK's revenue has grown by 120.68% per year. This was faster than the Engineering & Construction industry average of 10.64%.

Dig into BLNK's earnings and revenue performance here.

What are BLNK insiders up to?

In the last year, insiders at BLNK have sold more shares than they have bought.

Harjinder Bhade, Chief Technology Officer of BLNK, was the latest BLNK insider to sell. They sold $154.58 worth of BLNK stock on Apr 3, 2024.

Dig into more about who owns BLNK shares here.

Can I rely on BLNK as an income stream?

No, Blink Charging Co doesn't provide an income stream by paying out dividends.

What do other investors have to say about BLNK?

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

Click below to see what other investors have to say.

Step 5: Execute your BLNK buy order

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 mostly fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price limit, use a limit order.

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

If you need additional assistance buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Watch your BLNK position

Now that you own some shares in BLNK, you'll want to stay up-to-date on your new investment.

Start a watchlist to get notified of the latest news about your BLNK stock.

BLNK Feed

How to Buy Stock in Blink Charging Co

To reiterate, here are the 6 steps you need to take to buy Blink Charging Co stock right now:

  1. Figure out where to buy Blink Charging Co stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Blink Charging Co stock
  5. Execute your BLNK buy order
  6. Watch your BLNK position

If you need a brokerage account, 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 investment in Blink Charging Co, hit the button below to create your watchlist.

NASDAQ: BLNK
$2.31-0.02 (-0.86%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: BLNK
$2.31-0.02 (-0.86%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Blink Charging Co share?

As of Apr 25, 2024, it costs $2.31 to buy one share of Blink Charging Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.433 shares of BLNK.

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.

Is now a good time to buy Blink Charging Co stock?

According to 4 Wall Street analysts who monitor Blink Charging Co, their consensus recommendation is to buy Blink Charging Co stock.

What is the best way to buy Blink Charging Co stock?

One way to place an order for Blink Charging Co 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.