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 $2.49, up 1.22% from the previous day, and has increased 81.75% in one year. It has overperformed other stocks in the Grocery Stores industry by 0.37 percentage points. Dingdong stock is currently +77.86% from its 52-week low of $1.40, and -48.02% from its 52-week high of $4.79.
There are currently 354.34M shares of DDL outstanding. The market capitalization of DDL is $588.50M. In the past 24 hours, 617,051 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 13.32x, relative to Grocery Stores industry P/E ratio of 24.21x
- DDL may be overvalued based on its P/B ratio of 5.39x, relative to Grocery Stores industry P/B ratio of 4.47x
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 -0.5% to 1.3% in the past year.
- Total DDL debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the DDL balance sheet.
- DDL's operating cash flow of $127.09M allows it to safely service it's debt of $414.03M.
- DDL earnings of $49.03M 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 7.76.
You can dive deeper into what analysts are forecasting on the Dingdong stock forecast page.
Metrics for Advanced DDL Traders
DDL Performance Metrics
Last year, DDL revenue was $3.16B. Over the past 5 year, DDL's revenue has gone up by 41.64% per year. This was faster than the Grocery Stores industry average of 5.16%.
Find out more about DDL's earnings and revenue performance here.
What are DDL insiders up to?
Over the last year, insiders at DDL have not bought or sold any shares.
Dig into more about who owns DDL shares here.
Does DDL stock generate passive income?
No, Dingdong doesn't provide an income stream by paying out dividends.
What do other traders have to say about DDL?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your DDL buy order
There are two main 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 fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open button and eToro will place your order.
If you require additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in DDL
Now that you own some DDL shares, you'll want to keep up with your investment.
Add DDL to a watchlist to get notified of important updates regarding your DDL stock.
DDL Feed
How to Buy Stock in Dingdong
To summarize, here are the 6 steps to buy stock in Dingdong:
- 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 require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Dingdong, hit the button below to create your watchlist.
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