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 $3.25, up 4.17% from the previous day, and has decreased 44.06% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.3 percentage points. Drilling Tools International stock is currently +127.27% from its 52-week low of $1.43, and -48.9% from its 52-week high of $6.36.
At the moment, there are 35.59M DTI shares outstanding. The market capitalization of DTI is $115.68M. In the past 24 hours, 101,000 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 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/B ratio of 0.94x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.19x
You can access more valuation analysis on DTI's stock here.
DTI Financial Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the DTI balance sheet.
- DTI has $3.70M in cash and short term investments. This is sufficient to cover its annual cash burn of $2.04M.
- DTI has cash burn of 2039000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- DTI has a relatively high debt to equity ratio of 0.9.
- DTI profit margin has gone down from 8.2% to -1.1% in the past year.
- There are more long-term liabilities than short-term assets on the DTI balance sheet.
You can dig deeper into what analysts are saying on the Drilling Tools International stock forecast page.
Metrics for Advanced DTI Traders
DTI Performance Metrics
Last year, DTI revenue was $160.35M. Over the last 2 year, DTI's revenue has grown by 5.39% per year. This was slower than the Oil & Gas Equipment & Services industry average of 9.69%.
Dig into DTI's earnings and revenue performance here.
Who is buying/selling DTI?
In the last 12 months, executives and large shareholders at DTI have not bought or sold any shares.
Dig into more about who owns DTI shares here.
Does DTI provide a stable income stream?
No, Drilling Tools International doesn't provide an income stream by paying out dividends.
DTI Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your DTI trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you want additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your DTI investment
Now that you own some DTI shares, you'll want to keep up with your investment.
Make a watchlist to get alerted to the latest events about your DTI stock.
DTI Feed
How to Buy Stock in Drilling Tools International
To reiterate, here are the 6 steps you need to take to buy Drilling Tools International stock right now:
- 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 are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Drilling Tools International, create a watchlist today.
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