How to Buy Calamp Stock
Calamp Corp
CalAmp Corp. , a connected intelligence company, provides leverages a data-driven solutions ecosystem to people and organizations in the United States, Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and internationally.
Calamp stock last closed at $0.42, up 2.46% from the previous day, and has decreased 89.41% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.69 percentage points. Calamp stock is currently +43.45% from its 52-week low of $0.29, and -92.24% from its 52-week high of $5.36.
There are currently 37.57M CAMP shares outstanding. The market cap of CAMP is $15.63M. In the last 24 hours, 138,059 CAMP shares were traded.
How to Buy Calamp Stock
Not sure how to invest in Calamp stock? Here's how.
- Decide where to buy Calamp stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Calamp stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your payment method and add your information.
- Analyze Calamp stock: The Calamp ticker symbol is CAMP. Is Calamp stock a good investment? Should you buy shares of CAMP? How do CAMP's underlying business fundamentals look? Do top analysts think Calamp is a good buy? Why has CAMP's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if CAMP is a good stock to buy).
- Execute your CAMP buy order: Decide if you will purchase CAMP shares at the current market price or use a limit order to purchase CAMP stock at a specific price.
- Get the latest scoop on your investment in CAMP: Create a watchlist to get live updates on your investment in Calamp shares.
Step 1: Decide where to buy Calamp stock
You will need an online brokerage account in order to access the NASDAQ market and buy CAMP stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you can buy CAMP today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Input your personal data to create your new brokerage account.
- Send your details by clicking the "Create Account" button.
Step 3: Deposit money your investment account
Now that you've filled out your info on a mobile trading app, you can securely and quickly fund your account:
Watch the video below to see the process of transferring money into your investment account.
Step 4: Analyze Calamp stock
After you have chosen the best place to buy Calamp stock, it's very important to research their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Calamp quick stats
Calamp Zen Score
WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on CAMP's stock page.
Is CAMP stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CAMP's fair value.
Using relative valuations measures:
- CAMP may be undervalued based on its P/B ratio of 1.26x, relative to Communication Equipment industry P/B ratio of 3.02x
You can access additional valuation research on CAMP's stock here.
CAMP Financial Health
Positive Financial Indicators:
- CAMP has cash burn of 19790000. It has enough cash and short-term investments to cover this for at least one year.
- CAMP profit margin has gone up from -13.6% to -8.1% in the past year.
- CAMP has $34.96M in cash and short term investments. This is enough to cover its annual cash burn of $19.79M.
- There are more short-term assets than short-term liabilities on the CAMP balance sheet.
Negative Financial Indicators:
- Total CAMP debt is higher than 5 years ago, relative to shareholder equity.
- CAMP has a relatively high debt to equity ratio of 28.91.
- There are more long-term liabilities than short-term assets on the CAMP balance sheet.
Is CAMP stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Wall Street analysts who monitor CAMP, the consensus analyst rating on Calamp is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest CAMP Analyst Upgrades/Downgrades
Scott Searle, a bottom 14% analyst from Roth MKM reiterates CAMP with a strong buy rating and maintains their CAMP price target from $6.00 to $6.00, on Aug 29, 2023.
Jerry Revich, a top 3% analyst from Goldman Sachs maintains CAMP with a strong sell rating and lowers their CAMP price target from $2.75 to $0.80, on Jul 13, 2023.
Anthony Stoss, a bottom 11% analyst from Craig-Hallum maintains CAMP with a buy rating and lowers their CAMP price target from $4.00 to $2.00, on Jul 11, 2023.
George Notter, a top 8% analyst from Jefferies downgrades CAMP to a hold rating and lowers their CAMP price target from $5.00 to $2.00, on Jun 26, 2023.
You can dig deeper into what analysts are saying on the Calamp stock forecast page.
CAMP Technical Indicators
How is CAMP performing as a company?
Last year, CAMP revenue was $301.11M. During the past five year, CAMP's revenue has increased by -4.18% per year. This was slower than the Communication Equipment industry average of 4.21%.
Dive into CAMP's earnings and revenue performance here.
Are CAMP executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at CAMP have bought more shares than they have sold.
Brennen Carson, Chief Revenue Officer of CAMP, was the latest CAMP insider to sell. They sold $769.23 worth of CAMP shares on Sep 5, 2023.
Learn more about who owns CAMP shares here.
Does CAMP stock generate passive income?
No, Calamp doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major 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: Execute your CAMP buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Press the Open Trade button and your broker will place the order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in CAMP
Now that you own some shares in CAMP, you'll want to keep up with your new investment.
Add CAMP to a watchlist to track your CAMP stock.
CAMP Feed
How to Buy Stock in Calamp
To reiterate, here are the 6 steps for buying Calamp stock:
- Decide where to buy Calamp stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Calamp stock
- Execute your CAMP buy order
- Get the latest scoop on your investment in CAMP
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Calamp, create a watchlist on WallStreetZen today.
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