How to Buy Cool Co Stock
Cool Co Ltd
Cool Co is a shipping company located in Bermuda, which is part of the Industrials sector, and is traded under the ticker CLCO on the NYSE exchange.
Cool Co stock last closed at $6.35, up 3.59% from the previous day, and has decreased 40.93% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.22 percentage points. Cool Co stock is currently +40.8% from its 52-week low of $4.51, and -53.58% from its 52-week high of $13.68.
At the moment, there are 53.73M shares of CLCO outstanding. The market cap of CLCO is $341.16M. In the past 24 hours, 225,937 CLCO shares were traded.
How to Buy Cool Co Stock
Wondering how to invest in Cool Co stock? Here's how.
- Choose where to buy Cool Co stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Cool Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your info.
- Evaluate Cool Co stock: The Cool Co ticker symbol is CLCO. Is Cool Co stock a good investment? Should you buy shares of CLCO? How do CLCO's underlying business fundamentals look? Do top analysts think Cool Co is a good buy? Why has CLCO's stock price moved recently? (Hint: Our stock analysis website can help you understand if CLCO is a good stock to buy).
- Place your CLCO trade: Decide if you will purchase CLCO shares at the current market price or use a limit order to buy CLCO shares at a specific price.
- Keep tabs on your CLCO position: Create a watchlist to get live updates on your new investment in Cool Co shares.
Step 1: Choose where to buy Cool Co stock
You need a brokerage account in order to access the NYSE market and buy CLCO shares.
Our recommended brokerage: eToro
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Get $10 towards your stock purchase by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you can invest in CLCO today.
How to Create 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 data to open a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on the greatest app to buy stocks, you need to deposit funds:
Watch this video walkthrough if you need help depositing money into your new brokerage account.
Step 4: Evaluate Cool Co stock
Once you have figured out the best place to buy Cool Co stock, it's very important to analyze their stock prior to investing, so you truly understand the risk as well as the upside.
Cool Co quick stats
Fundamentals of CLCO
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CLCO's stock page.
How is CLCO stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CLCO's intrinsic value.
Using relative valuations metrics:
- CLCO could be undervalued based on its P/E ratio of 3.47x, relative to Marine Shipping industry P/E ratio of 9.14x
- CLCO could be undervalued based on its P/B ratio of 0.45x, relative to Marine Shipping industry P/B ratio of 0.75x
You can access additional valuation research on CLCO's stock here.
CLCO Financials at a glance
Passed Financial Due Diligence Checks:
- CLCO has cash burn of 41512000. It has enough cash and short-term investments to cover this for at least one year.
- CLCO has $165.72M in cash and short term investments. This is sufficient to cover its annual cash burn of $41.51M.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the CLCO balance sheet.
- CLCO has a relatively high debt to equity ratio of 1.95.
- There are more short-term liabilities than short-term assets on the CLCO balance sheet.
- CLCO profit margin has gone down from 46.1% to 29% in the past year.
You can dig deeper into what analysts are saying on the Cool Co stock forecast page.
CLCO Momentum
CLCO Revenue
Last year, CLCO earnings were $98.14M. Over the last 3 year, CLCO's earnings have gone up by -95.96% per year. This was slower than the Marine Shipping industry average of 38.38%.
Last year, CLCO revenue was $338.50M. Over the past four year, CLCO's revenue has increased by 18.35% per year. This was slower than the Marine Shipping industry average of 37.51%.
You can research CLCO's earnings and revenue performance here.
Latest Insiders Trades at CLCO
Over the past 12 months, insiders at CLCO have not bought or sold any shares.
Dig into more about who owns CLCO shares here.
Does CLCO stock generate passive income?
No, Cool Co doesn't provide an income stream by paying out dividends.
CLCO Social Trading Data
One of the major 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: Place your CLCO trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows 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 particular dollar amount, place a limit order.
Hit the Open button and eToro will place your order.
If you require more assistance investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your CLCO position
Now that you own some CLCO shares, you'll want to stay up-to-date on your new company.
Create a watchlist to track the most important metrics related to your CLCO stock.
CLCO Feed
How to Buy Stock in Cool Co
To reiterate, here are the 6 steps to buy stock in Cool Co:
- Choose where to buy Cool Co stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Cool Co stock
- Place your CLCO trade
- Keep tabs on your CLCO position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Cool Co, create a watchlist today.
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