How to Buy Doubledown Interactive Co Stock
Doubledown Interactive Co Ltd
DoubleDown Interactive Co. , Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea.
Doubledown Interactive Co stock last closed at $8.79, up 7.85% from the previous day, and has decreased 31.81% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.35 percentage points. Doubledown Interactive Co stock is currently +8.65% from its 52-week low of $8.09, and -51.74% from its 52-week high of $18.21.
At the moment, there are 2.48M shares of DDI outstanding. The market cap of DDI is $435.57M. In the last 24 hours, 397,000 DDI shares were traded.
How to Buy Doubledown Interactive Co Stock
Wondering how to invest in Doubledown Interactive Co stock? Here's how.
- Choose where to buy Doubledown Interactive Co stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Doubledown Interactive Co stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your method of payment and add your information.
- Evaluate Doubledown Interactive Co stock: The Doubledown Interactive Co ticker symbol is DDI. Is Doubledown Interactive Co stock a good investment? Should you buy shares of DDI? How do DDI's underlying business fundamentals look? Do top analysts think Doubledown Interactive Co is a good buy? Why has DDI's stock price moved recently? (Hint: Our stock analysis website can help you understand if DDI is a good stock to buy).
- Place your DDI trade: Decide if you will purchase DDI shares at the current market price or use a limit order to buy DDI stock at a particular price.
- Keep an eye on your investment in DDI: Create a watchlist to track your investment in Doubledown Interactive Co shares.
Step 1: Choose where to buy Doubledown Interactive Co stock
You will need a brokerage account in order to access the NASDAQ market and buy DDI shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you are able to invest in DDI stock today.
How to Create a New Brokerage 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 data to create a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on a good online stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your investment account.
Step 4: Evaluate Doubledown Interactive Co stock
Once you have decided on the best place to buy Doubledown Interactive Co stock, it's important to research their stock prior to investing, so you truly understand the risk and opportunity.
Doubledown Interactive Co Metrics
Doubledown Interactive Co Fundamentals
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on DDI's stock page.
Is DDI stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge DDI's intrinsic value.
Using relative valuations methods:
- DDI could be undervalued based on its P/E ratio of 3.7x, relative to Electronic Gaming & Multimedia industry P/E ratio of -13.24x
- DDI could be undervalued based on its P/B ratio of 0.5x, relative to Electronic Gaming & Multimedia industry P/B ratio of 7.12x
You can do more valuation analysis on DDI's stock here.
A quick look at DDI Financials
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the DDI balance sheet.
- DDI has a low debt to equity ratio of 0.09.
- DDI's operating cash flow of $154.65M allows it to safely service it's debt of $38.58M.
- DDI profit margin has gone up from 33.7% to 35% in the past year.
- DDI earnings of $161.37M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the DDI balance sheet.
Is DDI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who give forecasts on DDI, the consensus analyst rating on DDI is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Doubledown Interactive Co stock forecast page.
DDI Technical Indicators
Is DDI Making Money?
Last year, DDI earnings were $117.71M. During the past five year, DDI's earnings have grown by 6.97% per year. This was faster than the Electronic Gaming & Multimedia industry average of 0.07%.
Last year, DDI revenue was $336.68M. In the past five year, DDI's revenue has grown by 3.66% per year. This was slower than the Electronic Gaming & Multimedia industry average of 18.24%.
Learn more about DDI's earnings and revenue performance here.
Who is buying/selling DDI?
Over the past year, insiders at DDI have not bought or sold any shares.
Learn more about who owns DDI stock here.
Does DDI provide a stable income stream?
No, Doubledown Interactive Co doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your DDI trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you need more assistance investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in DDI
Now that you own some DDI shares, you'll want to stay up-to-date on your shares.
Start a watchlist to get notified of the latest news about your DDI stock.
DDI Feed
How to Buy Stock in Doubledown Interactive Co
To reiterate, here are the 6 steps to buy stock in Doubledown Interactive Co:
- Choose where to buy Doubledown Interactive Co stock
- Open a brokerage account
- Fund your investment account
- Evaluate Doubledown Interactive Co stock
- Place your DDI trade
- Keep an eye on your investment in DDI
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Doubledown Interactive Co, create a watchlist on WallStreetZen today.
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