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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 $1.96, up 5.38% from the previous day, and has decreased 35.53% in one year. It has underperformed other stocks in the Grocery Stores industry by 0.44 percentage points. Dingdong stock is currently +84.04% from its 52-week low of $1.07, and -40.43% from its 52-week high of $3.29.

There are currently 325.02M shares of DDL outstanding. The market capitalization of DDL is $424.91M. In the past 24 hours, 382,223 DDL shares were traded.

How to Buy Dingdong Stock

Wondering how to invest in Dingdong stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

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

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Step 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.

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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.

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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

DDL Price
$1.96
1w %
5.38%
1y %
-35.53%
5y %
N/A
P/E
-85.22x
P/B
7.28x
P/S
0.15x
PEG
N/A
Revenue
$2.77B
Earnings
-$4.90M
Fore. Rev. Growth
6.69%
Fore. Earn. Growth
N/A
Market Cap
$424.91M
Next Earnings
N/A
Next Dividend
N/A

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 overvalued based on its P/B ratio of 7.28x, relative to Grocery Stores industry P/B ratio of 2.95x

You can do more valuation analysis on DDL's stock here.

A quick look at DDL Financials

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 -1.6% to -0.2% in the past year.

Signs that DDL is not financially healthy:

  • DDL earnings of $8.64M is not sufficient to cover its interest payments.
  • DDL has a relatively high debt to equity ratio of 14.71.
  • There are more short-term liabilities than short-term assets on the DDL balance sheet.
  • DDL's operating cash flow of $23.10M allows it to safely service it's debt of $490.98M.

Do Wall Street analysts think it's a good time to buy Dingdong stock

Out of 1 Wall Street analysts who research DDL, the consensus analyst rating on DDL is a Strong Sell

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Dingdong stock forecast page.

DDL Technicals

SMA10
41.16
SMA20
42.2
SMA50
41.99
SMA100
41.37
SMA200
38.23
MACD
-0.55
MACD Signal
-0.33
MACD Histogram
-0.23
RSI
38.73
Stochastic %K
19.75
Stochastic %D
19.3
StochRSI %K
12.01
StochRSI %D
11.9

DDL Growth Metrics

Last year, DDL revenue was $2.77B. In the last three year, DDL's revenue has increased by 76.96% per year. This was faster than the Grocery Stores industry average of 11.39%.

Learn more about DDL's earnings and revenue performance here.

Latest Insiders Trades at DDL

In the last year, insiders at DDL have not bought or sold any shares.

Dig into more about who owns DDL shares here.

Does DDL provide a stable income stream?

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

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Step 5: Place your DDL buy order

There are two primary 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 fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, place a limit order.

Press the Open Trade button and eToro will place the order.

If you want additional info about buying stocks on eToro, click the helpful video below:

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Step 6: Get notifications regarding your investment in DDL

Now that you own some DDL stock, you'll want to keep up with your new stock purchase.

Add DDL to a watchlist to get alerted to the latest events about your DDL stock.

DDL Feed

How to Buy Stock in Dingdong

To reiterate, here are the 6 steps to buy stock in Dingdong:

  1. Decide where to buy Dingdong stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Dingdong stock
  5. Place your DDL buy order
  6. Get notifications regarding your investment in DDL

If you need a brokerage, eToro is our favorite option.

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 want to keep tabs on your new investment in Dingdong, create a watchlist today.

NYSE: DDL
$1.96+0.10 (+5.38%)
Updated Jun 21, 2024
Open eToro Account
NYSE: DDL
$1.96+0.10 (+5.38%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Dingdong share?

As of Jun 21, 2024, it costs $1.96 to buy one share of Dingdong stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.98, you can buy 0.5 shares of DDL.

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.

Is now a good time to buy Dingdong stock?

According to 1 Wall Street analysts who monitor Dingdong, their consensus recommendation is to sell Dingdong stock.

What is the best way to buy Dingdong stock?

One way to place an order for Dingdong 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.