How to Buy Chindata Group Holdings Stock
Chindata Group Holdings Ltd
Chindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, Malaysia, and Southeast Asia.
Chindata Group Holdings stock last closed at $8.49, up 0.95% from the previous day, and has increased 11.27% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.07 percentage points. Chindata Group Holdings stock is currently +74.69% from its 52-week low of $4.86, and -10.06% from its 52-week high of $9.44.
At the moment, there are 755.78M shares of CD outstanding. The market capitalization of CD is $3.21B. In the past 24 hours, 563,737 CD shares were traded.
How to Buy Chindata Group Holdings Stock
Wondering how to invest in Chindata Group Holdings stock? Here's how.
- Choose where to buy Chindata Group Holdings stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Chindata Group Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Research Chindata Group Holdings stock: The Chindata Group Holdings ticker symbol is CD. Is Chindata Group Holdings stock a good investment? Should you buy shares of CD? How do CD's underlying business fundamentals look? Do top analysts think Chindata Group Holdings is a good buy? Why has CD's stock price moved recently? (Hint: Our stock research tools can help you figure out if CD is a good stock to buy).
- Execute your CD purchase: Decide if you will purchase CD shares at the current market price or use a limit order to purchase CD shares at a given price.
- Get updates on your CD position: Create a watchlist to keep track of your investment in Chindata Group Holdings stock.
Step 1: Choose where to buy Chindata Group Holdings stock
You need a brokerage account in order to access the NASDAQ market and buy CD shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can buy CD today.
How to Open a New 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 details to create a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on the best stock app to use, you can securely and quickly fund your account:
Watch the video below if you need help depositing money into your new brokerage account.
Step 4: Research Chindata Group Holdings stock
Once you have decided on the best place to buy Chindata Group Holdings stock, it's absolutely critical to research their stock before you invest, so you can understand the risk as well as the opportunity.
Chindata Group Holdings stock data
Fundamentals of CD
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CD's stock page.
Is CD stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CD's true value.
Using relative valuations measures:
- CD may be overvalued based on its P/E ratio of 27.04x, relative to Information Technology Services industry P/E ratio of 26.07x
- CD may be undervalued based on its P/B ratio of 2.07x, relative to Information Technology Services industry P/B ratio of 4.37x
- CD may be undervalued based on its PEG ratio of 0.93x
You can access additional valuation analysis on CD's stock here.
A quick look at CD Financials
Positive Health Checks:
- CD has cash burn of 481114600. It has enough cash and short-term investments to cover this for at least one year.
- CD profit margin has gone up from 14% to 14.8% in the past year.
- There are more short-term assets than short-term liabilities on the CD balance sheet.
Negative Health Checks:
- CD has a relatively high debt to equity ratio of 1.36.
- CD has $781.89M in cash and short term investments. This is not sufficient to cover its annual cash burn of $481.11M.
- There are more long-term liabilities than short-term assets on the CD balance sheet.
Is CD stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who give ratings on CD, the consensus analyst rating on Chindata Group Holdings is a Hold
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Chindata Group Holdings stock forecast page.
Metrics for Advanced CD Traders
CD Growth Metrics
Last year, CD earnings were $114.28M. In the last 1 years, CD's earnings have grown by 57.5% per year. This was faster than the Information Technology Services industry average of 9.11%.
Last year, CD revenue was $770.01M. Over the last 3 year, CD's revenue has grown by 140.97% per year. This was faster than the Information Technology Services industry average of 8.98%.
Dive into CD's earnings and revenue performance here.
Are CD insiders buying or selling the stock?
Over the last 12 months, executives and large shareholders at CD have not bought or sold any shares.
Learn more about who owns CD stock here.
Does CD stock generate passive income?
No, Chindata Group Holdings doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your CD 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 price on the market.
Market orders are generally sufficient. - 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 an exact price, place a limit order.
Press the Open Trade button and your broker will place your order.
If you need additional help with buying stocks on eToro, click the how to video below:
Step 6: Get updates on your CD position
Now that you own some CD stock, you'll want to stay up-to-date on your investment.
Create a watchlist to track the most important metrics related to your CD stock.
CD Feed
How to Buy Stock in Chindata Group Holdings
To summarize, here are the 6 steps you need to take to buy Chindata Group Holdings stock right now:
- Choose where to buy Chindata Group Holdings stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Chindata Group Holdings stock
- Execute your CD purchase
- Get updates on your CD position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Chindata Group Holdings, add CD to your watchlist by clicking the button below.
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