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 $1.08, down 4.42% from the previous day, and has decreased 72.31% in one year. It has underperformed other stocks in the Grocery Stores industry by 0.73 percentage points. Dingdong stock is currently +1.41% from its 52-week low of $1.07, and -73.53% from its 52-week high of $4.08.
There are currently 324.98M shares of DDL outstanding. The market value of DDL is $234.10M. In the last 24 hours, 445,256 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 decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Dingdong stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick 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 tools 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 buy DDL shares at a given price.
- Get notifications regarding your investment in DDL: Create a watchlist to get the latest news on your new investment in Dingdong shares.
Step 1: Decide where to buy Dingdong stock
You will need a 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 the right brokerage, the next step is to fill out some personal info so you can buy DDL today.
How to Start a New 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.
- Input your personal details to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on stock market apps, you need to deposit funds:
Check out the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Dingdong stock
After you have identified the best place to buy Dingdong stock, it's critical to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Dingdong stock data
Dingdong Fundamentals
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on DDL's stock page.
Is DDL stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DDL's true value.
Using relative valuations metrics:
- DDL may be overvalued based on its P/B ratio of 4.41x, relative to Grocery Stores industry P/B ratio of 3.19x
You can do additional valuation analysis on DDL's stock here.
How do DDL Financials look?
Signs that DDL is financially healthy:
- DDL has cash burn of 32583888. It has sufficient cash and short-term investments to cover this for at least one year.
- DDL profit margin has gone up from -3.4% to -0.5% in the past year.
- DDL has $737.46M in cash and short term investments. This is sufficient to cover its annual cash burn of $32.58M.
- There are more short-term assets than long-term liabilities on the DDL balance sheet.
Signs that DDL is not financially healthy:
- DDL has a relatively high debt to equity ratio of 19.13.
- There are more short-term liabilities than short-term assets on the DDL balance sheet.
Is it a good time to buy Dingdong stock, according to Wall Street analysts?
Out of 1 sell side analysts who research DDL, the consensus analyst rating on Dingdong is a Strong Sell
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Dingdong stock forecast page.
DDL Trading Indicators
How are DDL Revenues/Earnings doing?
Last year, DDL revenue was $2.77B. During the last four year, DDL's revenue has grown by 50.14% per year. This was faster than the Grocery Stores industry average of 6.19%.
Learn more about DDL's earnings and revenue performance here.
Are DDL insiders buying or selling the stock?
Over the last 12 months, executives and large shareholders at DDL have not bought or sold any shares.
Learn more about who owns DDL stock 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 order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open button and eToro will place the order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in DDL
Now that you own some DDL stock, you'll want to stay up-to-date on your new company.
Add DDL to a watchlist to track the latest developments regarding your DDL stock.
DDL Feed
How to Buy Stock in Dingdong
To summarize, here are the 6 steps for buying Dingdong stock:
- 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 are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in Dingdong, add DDL to your watchlist below.
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