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How to Buy Cbak Energy Technology Stock

Cbak Energy Technology Inc

CBAK Energy Technology, Inc. , together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Korea, Europe, and internationally.

Cbak Energy Technology stock last closed at $1.04, up 0% from the previous day, and has increased 22.64% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.09 percentage points. Cbak Energy Technology stock is currently +40.54% from its 52-week low of $0.74, and -28.28% from its 52-week high of $1.45.

As of Mar 27, 2024, there are 89.92M shares of CBAT outstanding. The market value of CBAT is $93.52M. In the past 24 hours, 59,038 CBAT shares were traded.

How to Buy Cbak Energy Technology Stock

Not sure how to invest in Cbak Energy Technology stock? Here's how.
  1. Figure out where to buy Cbak Energy Technology stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Cbak Energy Technology stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your method of payment and add your information.
  4. Research Cbak Energy Technology stock: The Cbak Energy Technology ticker symbol is CBAT. Is Cbak Energy Technology stock a good investment? Should you buy shares of CBAT? How do CBAT's underlying business fundamentals look? Do top analysts think Cbak Energy Technology is a good buy? Why has CBAT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if CBAT is a good stock to buy).
  5. Make your CBAT purchase: Decide if you will purchase CBAT shares at the current market price or use a limit order to buy CBAT stock at a specific price.
  6. Keep an eye on your CBAT position: Create a watchlist to keep track of your new investment in Cbak Energy Technology shares.

Step 1: Figure out where to buy Cbak Energy Technology stock

You will need an online brokerage account in order to access the NASDAQ market and buy CBAT shares.

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

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal info so you are able to buy CBAT stock today.

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  1. Send your application by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've finished signing up on mobile trading apps, you can securely and quickly fund your account:

Check out this video walkthrough if you need help depositing funds into your new investment account.

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Step 4: Research Cbak Energy Technology stock

Once you have figured out the best place to buy Cbak Energy Technology stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.

Overview of key CBAT info

CBAT Price
$1.04
1w %
0.97%
1y %
22.64%
5y %
1.96%
P/E
-34.67x
P/B
0.83x
P/S
0.45x
PEG
N/A
Revenue
$204.44M
Earnings
-$2.45M
Fore. Rev. Growth
36.27%
Fore. Earn. Growth
N/A
Market Cap
$93.52M
Next Earnings
May 8, 2024
Next Dividend
N/A

CBAT Due Diligence Checks

WallStreetZen was built to help average investors do more accurate fundamental analysis.

You can see all of the due diligence checks on CBAT's stock page.

How is CBAT stock valued?

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

Using relative valuations methods:

  • CBAT may be undervalued based on its P/B ratio of 0.83x, relative to Electrical Equipment & Parts industry P/B ratio of 4.18x

You can access additional valuation analysis on CBAT's stock here.

Is CBAT a healthy company?

Passed Financial Due Diligence Checks:

  • CBAT's operating cash flow of $46.51M allows it to safely service it's debt of $35.74M.
  • CBAT earnings of -$395.81k is not sufficient to cover its interest payments.
  • Total CBAT debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the CBAT balance sheet.
  • CBAT profit margin has gone up from -3.8% to -1.2% in the past year.

Failed Financial Due Diligence Checks:

  • CBAT has a relatively high debt to equity ratio of 1.49.
  • There are more short-term liabilities than short-term assets on the CBAT balance sheet.

You can dig deeper into what analysts are projecting on the Cbak Energy Technology stock forecast page.

Metrics for Advanced CBAT Traders

SMA10
1.05
SMA20
1.06
SMA50
1.04
SMA100
1
SMA200
1
MACD
0
MACD Signal
0.01
MACD Histogram
-0.01
RSI
48.42
Stochastic %K
14.54
Stochastic %D
15.74
StochRSI %K
7.28
StochRSI %D
8.07

CBAT Performance Numbers

Last year, CBAT revenue was $204.44M. Over the past 5 year, CBAT's revenue has grown by 52.94% per year. This was faster than the Electrical Equipment & Parts industry average of 10.55%.

Dig into CBAT's earnings and revenue performance here.

What are CBAT insiders up to?

In the past 12 months, insiders at CBAT have not bought or sold any shares.

Get more info about who owns CBAT stock here.

Does CBAT stock generate passive income?

No, Cbak Energy Technology doesn't provide an income stream by paying out dividends.

What others are saying about CBAT

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Make your CBAT purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows 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 price limit, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Keep an eye on your CBAT position

Now that you own some CBAT stock, you'll want to stay up-to-date on your new shares.

Start a watchlist to get alerted to the latest events about your CBAT stock.

CBAT Feed

How to Buy Stock in Cbak Energy Technology

To summarize, here are the 6 steps to buy stock in Cbak Energy Technology:

  1. Figure out where to buy Cbak Energy Technology stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Research Cbak Energy Technology stock
  5. Make your CBAT purchase
  6. Keep an eye on your CBAT position

If you need a place to buy stocks, eToro is our favorite 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 would like to keep tabs on your new investment in Cbak Energy Technology, add CBAT to your watchlist by clicking the button below.

NASDAQ: CBAT
$1.04+0.00 (+0%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: CBAT
$1.04+0.00 (+0%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Cbak Energy Technology share?

As of Mar 27, 2024, it costs $1.04 to buy one share of Cbak Energy Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.52, you can buy 0.5 shares of CBAT.

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.

What is the best way to buy Cbak Energy Technology stock?

One way to place an order for Cbak Energy Technology 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.