How to Buy Dingdong Stock
Dingdong Ltd
Dingdong is a grocery store company located in China, which is part of the Consumer Defensive sector, and is traded under the ticker DDL on the NYSE exchange.
Dingdong stock last closed at $2.06, down 2.83% from the previous day, and has decreased 4.63% in one year. It has underperformed other stocks in the Grocery Stores industry by 0.2 percentage points. Dingdong stock is currently +5.64% from its 52-week low of $1.95, and -56.99% from its 52-week high of $4.79.
There are currently 324.63M shares of DDL outstanding. The market capitalization of DDL is $446.05M. In the past 24 hours, 655,000 DDL shares were traded.
How to Buy Dingdong Stock
Wondering how to invest in Dingdong stock? Here's how.
- Decide where to buy Dingdong stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Dingdong stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Evaluate Dingdong stock: The Dingdong ticker symbol is DDL. Is Dingdong stock a good investment? Should you buy shares of DDL? How do DDL's underlying business fundamentals look? Do top analysts think Dingdong is a good buy? Why has DDL's stock price moved recently? (Hint: Our stock market research website can help you figure out if DDL is a good stock to buy).
- Place your DDL buy order: Decide if you will purchase DDL shares at the current market price or use a limit order to purchase DDL shares at a particular price.
- Get notifications regarding your investment in DDL: Create a watchlist to get live updates on your investment in Dingdong stock.
Step 1: Decide where to buy Dingdong stock
You will need an online brokerage account to access the NYSE market and buy DDL stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to buy DDL today.
How to Create a New Investment 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.
- Enter your personal details to start a new trading account.
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Step 3: Put funds into your brokerage account
Now that you've opened your account on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Dingdong stock
Once you have selected the best place to buy Dingdong stock, it's important to evaluate their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Dingdong Numbers
Dingdong Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on DDL's stock page.
Is DDL stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DDL's intrinsic value.
Using relative valuations methods:
- DDL could be undervalued based on its P/E ratio of 9.67x, relative to Grocery Stores industry P/E ratio of 23.1x
- DDL may be undervalued based on its P/B ratio of 3.4x, relative to Grocery Stores industry P/B ratio of 3.93x
You can do additional valuation analysis on DDL's stock here.
How do DDL Financials look?
Signs that DDL is financially healthy:
- There are more short-term assets than long-term liabilities on the DDL balance sheet.
- DDL profit margin has gone up from 0.3% to 1.4% in the past year.
- DDL's operating cash flow of $107.96M allows it to safely service it's debt of $353.06M.
- There are more short-term assets than short-term liabilities on the DDL balance sheet.
- DDL earnings of $51.55M is not sufficient to cover its interest payments.
Signs that DDL is not financially healthy:
- DDL has a relatively high debt to equity ratio of 6.17.
You can dig deeper into what analysts are forecasting on the Dingdong stock forecast page.
Metrics for Advanced DDL Traders
DDL Revenue
Last year, DDL earnings were $46.04M. During the last 3 year, DDL's earnings have gone up by -98.35% per year. This was slower than the Grocery Stores industry average of 6.68%.
Last year, DDL revenue was $3.33B. Over the last four year, DDL's revenue has grown by 10.35% per year. This was faster than the Grocery Stores industry average of 4.16%.
Dive into DDL's earnings and revenue performance here.
Who is buying/selling DDL?
In the last 12 months, executives and large shareholders at DDL have not bought or sold any shares.
Research more about who owns DDL stock here.
Can I get consistent income from DDL stock?
No, Dingdong doesn't provide an income stream by paying out dividends.
What others are saying about DDL
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your DDL buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in DDL
Now that you own some shares in DDL, you'll want to keep up with your investment.
Put DDL on a watchlist to track the most important metrics related to your DDL stock.
DDL Feed
How to Buy Stock in Dingdong
To summarize, here are the 6 steps you need to take to buy Dingdong stock right now:
- Decide where to buy Dingdong stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Dingdong stock
- Place your DDL buy order
- Get notifications regarding your investment in DDL
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Dingdong, add DDL to your watchlist below.
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