How to Buy Bynd Cannasoft Enterprises Stock
Bynd Cannasoft Enterprises Inc
BYND Cannasoft Enterprises Inc. develops, markets, and sells customer relationship management (CRM) software products.
Bynd Cannasoft Enterprises stock last closed at $0.92, down 0.43% from the previous day, and has decreased 99.77% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 1.21 percentage points. Bynd Cannasoft Enterprises stock is currently +41.54% from its 52-week low of $0.65, and -99.87% from its 52-week high of $687.80.
At the moment, there are 1.33M BCAN shares outstanding. The market capitalization of BCAN is $1.22M. In the last 24 hours, 729,280 BCAN shares were traded.
How to Buy Bynd Cannasoft Enterprises Stock
Not sure how to invest in Bynd Cannasoft Enterprises stock? Here's how.
- Figure out where to buy Bynd Cannasoft Enterprises stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Bynd Cannasoft Enterprises stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Bynd Cannasoft Enterprises stock: The Bynd Cannasoft Enterprises ticker symbol is BCAN. Is Bynd Cannasoft Enterprises stock a good investment? Should you buy shares of BCAN? How do BCAN's underlying business fundamentals look? Do top analysts think Bynd Cannasoft Enterprises is a good buy? Why has BCAN's stock price moved recently? (Hint: Our stock research tools can help you understand if BCAN is a good stock to buy).
- Execute your BCAN buy order: Decide if you will purchase BCAN shares at the current market price or use a limit order to purchase BCAN stock at a particular price.
- Get updates on your BCAN investment: Create a watchlist to keep tabs on your position in Bynd Cannasoft Enterprises stock.
Step 1: Figure out where to buy Bynd Cannasoft Enterprises stock
You will need a brokerage account to access the NASDAQ market and buy BCAN shares.
Our recommended brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in BCAN stock today.
How to Set Up 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 create your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on a good stock buying app, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Evaluate Bynd Cannasoft Enterprises stock
Once you have selected the best place to buy Bynd Cannasoft Enterprises stock, it's important to research their stock before you buy, so you truly understand the risk as well as the upside.
Bynd Cannasoft Enterprises shares data
Bynd Cannasoft Enterprises Zen Score
WallStreetZen was built to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BCAN's stock page.
How is BCAN stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge BCAN's intrinsic value.
Using relative valuations methods:
- BCAN could be undervalued based on its P/B ratio of 0.04x, relative to Software - Infrastructure industry P/B ratio of 11.3x
You can do additional valuation research on BCAN's stock here.
A quick look at BCAN Financials
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the BCAN balance sheet.
- There are more short-term assets than long-term liabilities on the BCAN balance sheet.
- BCAN has a low debt to equity ratio of 0.06.
- BCAN has $3.11M in cash and short term investments. This is sufficient to cover its annual cash burn of $3.84M.
Negative Financial Indicators:
- BCAN profit margin has gone down from -148.2% to -1,717.5% in the past year.
- BCAN has cash burn of 3842127. It does not have enough cash and short-term investments to cover this.
Metrics for Advanced BCAN Traders
Is BCAN Growing Revenue?
Last year, BCAN revenue was $1.08M. In the past four year, BCAN's revenue has gone up by -9.44% per year. This was slower than the Software - Infrastructure industry average of 17.33%.
Dig into BCAN's earnings and revenue performance here.
What are BCAN executives and large shareholders up to?
Over the past 12 months, executives and large shareholders at BCAN have not bought or sold any shares.
Get more info about who owns BCAN shares here.
Can I get consistent income from BCAN stock?
No, Bynd Cannasoft Enterprises doesn't provide an income stream by paying out dividends.
What do other traders have to say about BCAN?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your BCAN buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional help investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your BCAN investment
Now that you own some shares in BCAN, you'll want to stay up-to-date on your new investment.
Create a watchlist to get notified of the latest news about your BCAN stock.
BCAN Feed
How to Buy Stock in Bynd Cannasoft Enterprises
To summarize, here are the 6 steps for buying Bynd Cannasoft Enterprises stock:
- Figure out where to buy Bynd Cannasoft Enterprises stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Bynd Cannasoft Enterprises stock
- Execute your BCAN buy order
- Get updates on your BCAN investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Bynd Cannasoft Enterprises, add BCAN to your watchlist below.
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