How to Buy Drilling Tools International Stock
Drilling Tools International Corp
Drilling Tools International Corp. provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East.
Drilling Tools International stock last closed at $2.25, up 1.35% from the previous day, and has decreased 42.89% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.45 percentage points. Drilling Tools International stock is currently +57.34% from its 52-week low of $1.43, and -46.56% from its 52-week high of $4.21.
There are currently 35.66M DTI shares outstanding. The market capitalization of DTI is $80.24M. In the past 24 hours, 99,000 DTI shares were traded.
How to Buy Drilling Tools International Stock
Not sure how to invest in Drilling Tools International stock? Here's how.
- Figure out where to buy Drilling Tools International stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Drilling Tools International stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your info.
- Evaluate Drilling Tools International stock: The Drilling Tools International ticker symbol is DTI. Is Drilling Tools International stock a good investment? Should you buy shares of DTI? How do DTI's underlying business fundamentals look? Do top analysts think Drilling Tools International is a good buy? Why has DTI's stock price moved recently? (Hint: Our stock market research website can help you decide if DTI is a good stock to buy).
- Make your DTI trade: Decide if you will purchase DTI shares at the current market price or use a limit order to buy DTI stock at a specific price.
- Get the latest scoop on your DTI investment: Create a watchlist to get live updates on your investment in Drilling Tools International shares.
Step 1: Figure out where to buy Drilling Tools International stock
You need a brokerage account to access the NASDAQ market and buy DTI shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you can buy DTI stock today.
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- 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.
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Step 3: Deposit money your investment account
Now that you have filled out your info on the best beginner stock app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring money into your brokerage account.
Step 4: Evaluate Drilling Tools International stock
Once you have chosen the best place to buy Drilling Tools International stock, it's absolutely critical to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the upside.
Drilling Tools International stock at a glance
DTI Fundamentals
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DTI's stock page.
Is DTI stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge DTI's true value.
Using relative valuations methods:
- DTI may be undervalued based on its P/B ratio of 0.65x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.14x
You can do additional valuation research on DTI's stock here.
A quick look at DTI Financials
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the DTI balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the DTI balance sheet.
- DTI profit margin has gone down from 7.8% to -2.8% in the past year.
- DTI earnings of $171.00k is not sufficient to cover its interest payments.
- DTI has a relatively high debt to equity ratio of 0.88.
- DTI's operating cash flow of $6.29M allows it to safely service it's debt of $80.13M.
You can dive deeper into what analysts are projecting on the Drilling Tools International stock forecast page.
DTI Momentum
DTI Earnings
Last year, DTI revenue was $162.24M. During the last three year, DTI's revenue has gone up by 79.67% per year. This was faster than the Oil & Gas Equipment & Services industry average of 12.11%.
Dig into DTI's earnings and revenue performance here.
Latest Insiders Trades at DTI
Over the past year, insiders at DTI have not bought or sold any shares.
Dig into more about who owns DTI stock here.
Can I rely on DTI as an income stream?
No, Drilling Tools International doesn't provide an income stream by paying out dividends.
What do other traders have to say about DTI?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your DTI 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 mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your DTI investment
Now that you own some DTI shares, you'll want to stay up-to-date on your company.
Start a watchlist to track your DTI stock.
DTI Feed
How to Buy Stock in Drilling Tools International
To summarize, here are the 6 steps for buying Drilling Tools International stock:
- Figure out where to buy Drilling Tools International stock
- Open your brokerage account
- Deposit money your investment account
- Evaluate Drilling Tools International stock
- Make your DTI trade
- Get the latest scoop on your DTI investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Drilling Tools International, get started below.
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