How to Buy Contextlogic Stock
Contextlogic Inc
ContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects users to merchants.
Contextlogic stock last closed at $5.70, down 2.06% from the previous day, and has decreased 25.05% in one year. It has underperformed other stocks in the Internet Retail industry by 0.34 percentage points. Contextlogic stock is currently +60.47% from its 52-week low of $3.55, and -42.42% from its 52-week high of $9.90.
There are currently 24.4M WISH shares outstanding. The market cap of WISH is $139.07M. In the last 24 hours, 561,226 WISH shares were traded.
How to Buy Contextlogic Stock
Not sure how to invest in Contextlogic stock? Here's how.
- Figure out where to buy Contextlogic stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Contextlogic stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your information.
- Research Contextlogic stock: The Contextlogic ticker symbol is WISH. Is Contextlogic stock a good investment? Should you buy shares of WISH? How do WISH's underlying business fundamentals look? Do top analysts think Contextlogic is a good buy? Why has WISH's stock price moved recently? (Hint: Our stock research website can help you evaluate if WISH is a good stock to buy).
- Place your WISH buy order: Decide if you will purchase WISH shares at the current market price or use a limit order to purchase WISH shares at a specific price.
- Watch your WISH position: Create a watchlist to key updates about your position in Contextlogic shares.
Step 1: Figure out where to buy Contextlogic stock
You will need an online brokerage account in order to access the NASDAQ market and buy WISH shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in WISH today.
How to Open a New Brokerage 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.
- Provide your personal details to open a new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on the best stock market app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring money into your new investment account.
Step 4: Research Contextlogic stock
Once you have identified the best place to buy Contextlogic stock, it's absolutely critical to analyze their stock prior to investing, so you can understand the risk and opportunity.
Contextlogic stock data
WISH Zen Score
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on WISH's stock page.
Is WISH stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge WISH's true value.
Using relative valuations measures:
- WISH may be undervalued based on its P/B ratio of 0.64x, relative to Internet Retail industry P/B ratio of 5.63x
You can access more valuation research on WISH's stock here.
How do WISH Financials look?
Passed Health Checks:
- WISH has cash burn of 344000000. It has enough 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 WISH balance sheet.
- There are more short-term assets than short-term liabilities on the WISH balance sheet.
- Total WISH debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- WISH has a relatively high debt to equity ratio of 0.95.
- WISH profit margin has gone down from -67.3% to -110.5% in the past year.
- WISH has $382.00M in cash and short term investments. This is not enough to cover its annual cash burn of $344.00M.
Is WISH stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who monitor WISH, the consensus analyst rating on Contextlogic is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Contextlogic stock forecast page.
WISH Momentum
WISH Performance Metrics
Last year, WISH revenue was $287.00M. In the past 5 year, WISH's revenue has increased by -30.17% per year. This was slower than the Internet Retail industry average of 26.65%.
Dig into WISH's earnings and revenue performance here.
Are WISH executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at WISH have sold more shares than they have bought.
Brett Just, SVP Finance of WISH, was the latest WISH insider to sell. They sold $67.90 worth of WISH stock on Apr 15, 2024.
Get more info about who owns WISH shares here.
Can I get consistent income from WISH stock?
No, Contextlogic doesn't provide an income stream by paying out dividends.
What do other traders have to say about WISH?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your WISH buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Press the Open button and eToro will place your order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Watch your WISH position
Now that you own some WISH stock, you'll want to stay up-to-date on your new company.
Add WISH to a watchlist to get the latest updates about your WISH stock.
WISH Feed
How to Buy Stock in Contextlogic
To summarize, here are the 6 steps you need to take to buy Contextlogic stock right now:
- Figure out where to buy Contextlogic stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Contextlogic stock
- Place your WISH buy order
- Watch your WISH position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Contextlogic, add WISH to your watchlist by clicking the button below.
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