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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 $1.42, up 1.43% from the previous day, and has increased 9.23% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.05 percentage points. Cbak Energy Technology stock is currently +86.84% from its 52-week low of $0.76, and -31.73% from its 52-week high of $2.08.

As of Jun 24, 2024, there are 89.94M shares of CBAT outstanding. The market value of CBAT is $127.71M. In the past 24 hours, 340,117 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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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
$1.42
1w %
-5.33%
1y %
9.23%
5y %
47.92%
P/E
15.78x
P/B
1.06x
P/S
0.58x
PEG
0.08x
Revenue
$220.86M
Earnings
$8.77M
Fore. Rev. Growth
17.36%
Fore. Earn. Growth
255.56%
Market Cap
$127.71M
Next Earnings
Aug 7, 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/E ratio of 15.78x, relative to Electrical Equipment & Parts industry P/E ratio of 36.9x
  • CBAT could be undervalued based on its P/B ratio of 1.06x, relative to Electrical Equipment & Parts industry P/B ratio of 4.2x
  • CBAT could be undervalued based on its PEG ratio of 0.08x

You can access more valuation research on CBAT's stock here.

CBAT Financial Summary

Passed Financial Due Diligence Checks:

  • CBAT's operating cash flow of $44.43M allows it to safely service it's debt of $41.94M.
  • There are more short-term assets than long-term liabilities on the CBAT balance sheet.
  • CBAT profit margin has gone up from -5.3% to 4% in the past year.
  • Total CBAT debt is lower than 5 years ago, relative to shareholder equity.
  • CBAT earnings of $12.27M is not sufficient to cover its interest payments.

Failed Financial Due Diligence Checks:

  • There are more short-term liabilities than short-term assets on the CBAT balance sheet.
  • CBAT has a relatively high debt to equity ratio of 1.37.

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

Metrics for Advanced CBAT Traders

SMA10
1.56
SMA20
1.58
SMA50
1.3
SMA100
1.16
SMA200
1.04
MACD
0.04
MACD Signal
0.09
MACD Histogram
-0.05
RSI
47.63
Stochastic %K
11.01
Stochastic %D
13.17
StochRSI %K
2.79
StochRSI %D
1.78

How is CBAT performing as a company?

Last year, CBAT earnings were $8.77M. In the past 3 year, CBAT's earnings have gone up by -86.79% per year. This was slower than the Electrical Equipment & Parts industry average of 41.61%.

Last year, CBAT revenue was $220.86M. In the past 5 year, CBAT's revenue has gone up by 53.06% per year. This was faster than the Electrical Equipment & Parts industry average of 10.5%.

Learn more about CBAT's earnings and revenue performance here.

Who is buying/selling CBAT?

Over the past year, executives and large shareholders at CBAT have not bought or sold any shares.

Get more info about who owns CBAT shares 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 major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your CBAT purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Hit 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 keep up with your new shares.

Create a watchlist to get notified of important updates regarding your CBAT stock.

CBAT Feed

How to Buy Stock in Cbak Energy Technology

To summarize, here are the 6 steps for buying Cbak Energy Technology stock:

  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 are looking for a place to buy stocks, eToro is our recommended option.

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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 get the latest scoop on your investment in Cbak Energy Technology, hit the button below to create your watchlist.

NASDAQ: CBAT
$1.42+0.02 (+1.43%)
Updated Jun 24, 2024
Open eToro Account
NASDAQ: CBAT
$1.42+0.02 (+1.43%)
Updated Jun 24, 2024
Open eToro Account

FAQ

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

As of Jun 24, 2024, it costs $1.42 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 $0.71, 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.