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 $5.30, down 2.39% from the previous day, and has decreased 49.6% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.82 percentage points. Drilling Tools International stock is currently +118.11% from its 52-week low of $2.43, and -49.91% from its 52-week high of $10.58.
At the moment, there are 29.77M DTI shares outstanding. The market capitalization of DTI is $157.77M. In the past 24 hours, 40,716 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 choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Drilling Tools International stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick 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 research tools can help you evaluate 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 purchase DTI stock at a given price.
- Get the latest scoop on your DTI investment: Create a watchlist to watch your position in Drilling Tools International stock.
Step 1: Figure out where to buy Drilling Tools International stock
You need a brokerage account in order to access the NASDAQ market and buy DTI stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can invest in DTI 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.
- Input your personal data to create a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on the best stock market app, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing money into your new brokerage account.
Step 4: Evaluate Drilling Tools International stock
Once you have decided on the best place to buy Drilling Tools International stock, it's critical to evaluate their stock before you invest, so you truly wrap your head around the risk and opportunity.
Drilling Tools International quick stats
Drilling Tools International Overview
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on DTI's stock page.
What is the fair value of DTI stock?
Investors use many financial metrics, analyses, models, and charts to gauge DTI's fair value.
Using relative valuations methods:
- DTI may be undervalued based on its P/E ratio of 7.91x, relative to Oil & Gas Equipment & Services industry P/E ratio of 17.01x
- DTI could be undervalued based on its P/B ratio of 1.78x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.62x
- DTI may be undervalued based on its PEG ratio of 0.02x
You can access 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 long-term liabilities on the DTI balance sheet.
- DTI has cash burn of 530000. It has sufficient cash and short-term investments to cover this for at least one year.
- DTI has $6.89M in cash and short term investments. This is sufficient to cover its annual cash burn of $530.00k.
- There are more short-term assets than short-term liabilities on the DTI balance sheet.
Failed Financial Due Diligence Checks:
- DTI has a relatively high debt to equity ratio of 0.49.
- DTI profit margin has gone down from 15.4% to 9.5% in the past year.
You can dig deeper into what analysts are saying on the Drilling Tools International stock forecast page.
DTI Momentum
DTI Performance Numbers
Last year, DTI earnings were $14.43M. Over the past 2 year, DTI's earnings have gone up by 478.79% per year. This was faster than the Oil & Gas Equipment & Services industry average of 28.48%.
Last year, DTI revenue was $152.03M. Over the last 2 year, DTI's revenue has gone up by 40.17% per year. This was faster than the Oil & Gas Equipment & Services industry average of 9.09%.
Dive into DTI's earnings and revenue performance here.
Are DTI executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at DTI have bought more shares than they have sold.
Thomas Monroe Patterson, Director of DTI, was the latest DTI insider to buy. They bought $33,700.13 worth of DTI shares on Sep 7, 2023.
Get more info about who owns DTI stock here.
Does DTI provide a stable income stream?
No, Drilling Tools International doesn't provide an income stream by paying out dividends.
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Step 5: Make your DTI trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you want additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your DTI investment
Now that you own some shares in DTI, you'll want to keep up with your new company.
Create a watchlist to track the most important metrics related to your DTI stock.
DTI Feed
How to Buy Stock in Drilling Tools International
To reiterate, here are the 6 steps to buy 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 require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Drilling Tools International, create a watchlist today.
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