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How to Buy Datchat Stock

Datchat Inc

DatChat, Inc. a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection.

Datchat stock last closed at $1.24, up 0.81% from the previous day, and has decreased 68.53% in one year. It has underperformed other stocks in the Software - Application industry by 0.97 percentage points. Datchat stock is currently +14.81% from its 52-week low of $1.08, and -85.39% from its 52-week high of $8.49.

At the moment, there are 3.01M shares of DATS outstanding. The market cap of DATS is $3.73M. In the last 24 hours, 10,238 DATS shares were traded.

How to Buy Datchat Stock

Wondering how to invest in Datchat stock? Here's how.
  1. Decide where to buy Datchat stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Datchat stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Choose your payment method and add your details.
  4. Research Datchat stock: The Datchat ticker symbol is DATS. Is Datchat stock a good investment? Should you buy shares of DATS? How do DATS's underlying business fundamentals look? Do top analysts think Datchat is a good buy? Why has DATS's stock price moved recently? (Hint: Our stock market research tools can help you understand if DATS is a good stock to buy).
  5. Execute your DATS trade: Decide if you will purchase DATS shares at the current market price or use a limit order to buy DATS stock at a given price.
  6. Get the latest scoop on your investment in DATS: Create a watchlist to important notifications about your position in Datchat stock.

Step 1: Decide where to buy Datchat stock

You need an online brokerage account to access the NASDAQ market and buy DATS stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you can invest in DATS today.

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  2. Input your personal details to open a new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Fund your investment account

Now that you've filled out your info on stock apps to use, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing funds into your brokerage account.

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Step 4: Research Datchat stock

After you have chosen the best place to buy Datchat stock, it's crucial to analyze their stock before you invest, so you can wrap your head around the risk and upside.

Datchat Metrics

DATS Price
$1.24
1w %
8.77%
1y %
-68.53%
5y %
N/A
P/E
-0.3x
P/B
0.61x
P/S
N/A
PEG
N/A
Revenue
$672.00
Earnings
-$8.40M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$3.73M
Next Earnings
N/A
Next Dividend
N/A

Datchat Fundamentals

WallStreetZen was built to help average investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on DATS's stock page.

How is DATS stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge DATS's intrinsic value.

Using relative valuations metrics:

  • DATS may be undervalued based on its P/B ratio of 0.61x, relative to Software - Application industry P/B ratio of 6.53x

You can access additional valuation analysis on DATS's stock here.

How do DATS Financials look?

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the DATS balance sheet.
  • DATS has a low debt to equity ratio of 0.07.
  • There are more short-term assets than long-term liabilities on the DATS balance sheet.

Failed Health Checks:

  • DATS profit margin has gone down from -26,266% to -1,250,739.6% in the past year.
  • DATS has cash burn of 6578762. It does not have sufficient cash and short-term investments to cover this.
  • DATS has $6.19M in cash and short term investments. This is not sufficient to cover its annual cash burn of $6.58M.

DATS Technical Indicators

SMA10
1.21
SMA20
1.26
SMA50
1.33
SMA100
1.62
SMA200
2.54
MACD
-0.04
MACD Signal
-0.05
MACD Histogram
0.01
RSI
46.84
Stochastic %K
39.11
Stochastic %D
31.22
StochRSI %K
71.12
StochRSI %D
55

DATS Growth Metrics

Last year, DATS revenue was $672.00. During the last 2 year, DATS's revenue has gone up by -61.12% per year. This was slower than the Software - Application industry average of 27.72%.

Dive into DATS's earnings and revenue performance here.

What are DATS insiders up to?

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

Research more about who owns DATS shares here.

Does DATS provide a stable income stream?

No, Datchat doesn't provide an income stream by paying out dividends.

What others are saying about DATS

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your DATS trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally sufficient.
  • 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 particular dollar amount, use a limit order.

Click the Open button and your broker will place your order.

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Step 6: Get the latest scoop on your investment in DATS

Now that you own some DATS shares, you'll want to stay up-to-date on your new shares.

Put DATS on a watchlist to keep tabs on your DATS stock.

DATS Feed

How to Buy Stock in Datchat

To summarize, here are the 6 steps you need to take to buy Datchat stock right now:

  1. Decide where to buy Datchat stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Datchat stock
  5. Execute your DATS trade
  6. Get the latest scoop on your investment in DATS

If you need a online brokerage, eToro is our favorite venue.

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.

If you would like to get notifications regarding your investment in Datchat, get started below.

NASDAQ: DATS
$1.24+0.01 (+0.81%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: DATS
$1.24+0.01 (+0.81%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Datchat share?

As of Apr 26, 2024, it costs $1.24 to buy one share of Datchat stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.62, you can buy 0.5 shares of DATS.

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 Datchat stock?

One way to place an order for Datchat 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.