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 $0.89, down 0.45% from the previous day, and has increased 0.11% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.08 percentage points. Cbak Energy Technology stock is currently +57.14% from its 52-week low of $0.57, and -30.39% from its 52-week high of $1.28.
There are currently 88.65M CBAT shares outstanding. The market value of CBAT is $78.98M. In the past 24 hours, 113,000 CBAT shares were traded.
How to Buy Cbak Energy Technology Stock
Not sure how to invest in Cbak Energy Technology stock? Here's how.
- Figure out where to buy Cbak Energy Technology stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Cbak Energy Technology stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- 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).
- Make your CBAT purchase: Decide if you will purchase CBAT shares at the current market price or use a limit order to purchase CBAT stock at a specific price.
- Keep an eye on your CBAT position: Create a watchlist to track your 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 stock.
Our recommended brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can invest in CBAT today.
How to Start a New Investment 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.
- Enter your personal info to open a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:
Watch the video below if you need help transferring funds into your brokerage account.
Step 4: Research Cbak Energy Technology stock
Once you have selected the best place to buy Cbak Energy Technology stock, it's crucial to research their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Cbak Energy Technology shares data
CBAT Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CBAT's stock page.
Is CBAT stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge CBAT's fair value.
Using relative valuations measures:
- CBAT could be undervalued based on its P/B ratio of 0.65x, relative to Electrical Equipment & Parts industry P/B ratio of 7.6x
You can access additional valuation research on CBAT's stock here.
CBAT Financial Health Overview
Passed Financial Due Diligence Checks:
- CBAT has cash burn of 9162782. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the CBAT balance sheet.
- Total CBAT debt is lower than 5 years ago, relative to shareholder equity.
- CBAT has $63.35M in cash and short term investments. This is sufficient to cover its annual cash burn of $9.16M.
Failed Financial Due Diligence Checks:
- CBAT has a relatively high debt to equity ratio of 2.02.
- CBAT profit margin has gone down from 5.6% to -4% in the past year.
- There are more short-term liabilities than short-term assets on the CBAT balance sheet.
You can dig deeper into what analysts are forecasting on the Cbak Energy Technology stock forecast page.
CBAT Momentum
CBAT Earnings
Last year, CBAT revenue was $161.76M. In the past 5 year, CBAT's revenue has grown by 43.26% per year. This was faster than the Electrical Equipment & Parts industry average of 21.17%.
Dive 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.
Dig into more about who owns CBAT stock here.
Can I get consistent income from CBAT stock?
No, Cbak Energy Technology doesn't provide an income stream by paying out dividends.
What others are saying about CBAT
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your CBAT purchase
You have two primary 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 mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and your broker will place your order.
If you require more help buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your CBAT position
Now that you own some CBAT shares, you'll want to stay up-to-date on your investment.
Add CBAT to a watchlist to track the most important metrics related to your CBAT stock.
CBAT Feed
How to Buy Stock in Cbak Energy Technology
To summarize, here are the 6 steps you need to take to buy Cbak Energy Technology stock right now:
- Figure out where to buy Cbak Energy Technology stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Cbak Energy Technology stock
- Make your CBAT purchase
- Keep an eye on your CBAT position
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Cbak Energy Technology, create a watchlist today.
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