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 $9.34, up 0.76% from the previous day, and has decreased 29.54% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.55 percentage points. Doubledown Interactive Co stock is currently +15.45% from its 52-week low of $8.09, and -48.72% 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 $462.83M. In the last 24 hours, 27,100 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 4.35x, relative to Electronic Gaming & Multimedia industry P/E ratio of -5.08x
- DDI could be undervalued based on its P/B ratio of 0.52x, relative to Electronic Gaming & Multimedia industry P/B ratio of 8.38x
- DDI may be overvalued based on its PEG ratio of 1.1x
You can do additional valuation analysis on DDI's stock here.
A look at DDI Cashflows and Balance Sheet
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the DDI balance sheet.
- Total DDI debt is lower than 5 years ago, relative to shareholder equity.
- DDI's operating cash flow of $139.93M allows it to safely service it's debt of $41.20M.
- There are more short-term assets than short-term liabilities on the DDI balance sheet.
- DDI has a low debt to equity ratio of 0.09.
- DDI earnings of $154.54M is not enough to cover its interest payments.
Negative Financial Indicators:
- DDI profit margin has gone down from 35.1% to 31.9% in the past year.
Is DDI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on DDI, the consensus analyst rating on Doubledown Interactive Co is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Doubledown Interactive Co stock forecast page.
DDI Trading Indicators
How are DDI Revenues/Earnings doing?
Last year, DDI earnings were $106.41M. Over the past 5 year, DDI's earnings have grown by 3.46% per year. This was faster than the Electronic Gaming & Multimedia industry average of 1.08%.
Last year, DDI revenue was $333.26M. During the past 5 year, DDI's revenue has grown by 1.3% per year. This was slower than the Electronic Gaming & Multimedia industry average of 19.6%.
Find out more about DDI's earnings and revenue performance here.
Are DDI executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at DDI have not bought or sold any shares.
Research more about who owns DDI stock here.
Can I get consistent income from DDI stock?
No, Doubledown Interactive Co doesn't provide an income stream by paying out dividends.
What others are saying about DDI
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your DDI trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and your broker will execute your order.
If you require additional help buying stocks on eToro, watch 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 keep up with your company.
Make a watchlist to get notified of important updates regarding your DDI stock.
DDI Feed
How to Buy Stock in Doubledown Interactive Co
To summarize, here are the 6 steps for buying Doubledown Interactive Co stock:
- 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 require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Doubledown Interactive Co, create a watchlist today.
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