How to Buy Branchout Food Stock
Branchout Food Inc
BranchOut Food Inc. develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States.
Branchout Food stock last closed at $1.84, up 8.24% from the previous day, and has increased 34.21% in one year. It has overperformed other stocks in the Packaged Foods industry by 0.25 percentage points. Branchout Food stock is currently +202.13% from its 52-week low of $0.61, and -55.23% from its 52-week high of $4.11.
As of Dec 6, 2024, there are 7.85M BOF shares outstanding. The market value of BOF is $14.45M. In the last 24 hours, 578,092 BOF shares were traded.
How to Buy Branchout Food Stock
Wondering how to invest in Branchout Food stock? Here's how.
- Choose where to buy Branchout Food stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Branchout Food stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Evaluate Branchout Food stock: The Branchout Food ticker symbol is BOF. Is Branchout Food stock a good investment? Should you buy shares of BOF? How do BOF's underlying business fundamentals look? Do top analysts think Branchout Food is a good buy? Why has BOF's stock price moved recently? (Hint: Our stock research website can help you decide if BOF is a good stock to buy).
- Make your BOF trade: Decide if you will purchase BOF shares at the current market price or use a limit order to purchase BOF shares at a given price.
- Track your BOF investment: Create a watchlist to the latest updates on your position in Branchout Food stock.
Step 1: Choose where to buy Branchout Food stock
You need an online brokerage account in order to access the NASDAQ market and buy BOF stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro offers a community of 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 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: Create your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to invest in BOF stock today.
How to Start 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.
- Input your personal info to open your new brokerage account.
- Send your details 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 app for beginners, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring funds into your new brokerage account.
Step 4: Evaluate Branchout Food stock
Once you have decided on the best place to buy Branchout Food stock, it's critical to evaluate their stock before you invest, so you can comprehend the risk as well as the opportunity.
Branchout Food Numbers
Branchout Food Due Diligence Score
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BOF's stock page.
What is the fair value of BOF stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BOF's intrinsic value.
Using relative valuations metrics:
- BOF may be overvalued based on its P/B ratio of 9.48x, relative to Packaged Foods industry P/B ratio of 2.16x
You can do more valuation research on BOF's stock here.
Is BOF a healthy company?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the BOF balance sheet.
Negative Health Checks:
- BOF has cash burn of 5700510. It does not have sufficient cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the BOF balance sheet.
- BOF profit margin has gone up by 1.67 percentage points in the past year, but the company is still unprofitable.
- BOF has $1.07M in cash and short term investments. This is not sufficient to cover its annual cash burn of $5.70M.
- BOF has a relatively high debt to equity ratio of 5.28.
BOF Momentum
BOF Earnings
Last year, BOF revenue was $6.49M. In the last one years, BOF's revenue has increased by 372.36% per year. This was faster than the Packaged Foods industry average of 5.7%.
Find out more about BOF's earnings and revenue performance here.
What are BOF insiders up to?
In the past year, executives and large shareholders at BOF have bought more shares than they have sold.
Byron Riche Jones, Director of BOF, was the latest BOF insider to buy. They bought $1,920.75 worth of BOF shares on Aug 26, 2024.
Get more info about who owns BOF shares here.
Does BOF provide a stable income stream?
No, Branchout Food doesn't provide an income stream by paying out dividends.
What others are saying about BOF
One of the biggest 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: Make your BOF trade
You have two main 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 generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Track your BOF investment
Now that you own some BOF shares, you'll want to keep up with your shares.
Put BOF on a watchlist to get the latest updates about your BOF stock.
BOF Feed
How to Buy Stock in Branchout Food
To reiterate, here are the 6 steps for buying Branchout Food stock:
- Choose where to buy Branchout Food stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Branchout Food stock
- Make your BOF trade
- Track your BOF investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Branchout Food, create a watchlist on WallStreetZen today.
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