How to Buy Eastside Distilling Stock
Eastside Distilling Inc
Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling.
Eastside Distilling stock last closed at $1.02, down 2.86% from the previous day, and has decreased 74.14% in one year. It has underperformed other stocks in the Beverages - Wineries & Distilleries industry by 0.64 percentage points. Eastside Distilling stock is currently +21.43% from its 52-week low of $0.84, and -87.59% from its 52-week high of $8.22.
There are currently 1.71M shares of EAST outstanding. The market cap of EAST is $1.74M. In the last 24 hours, 5872 EAST shares were traded.
How to Buy Eastside Distilling Stock
Not sure how to invest in Eastside Distilling stock? Here's how.
- Figure out where to buy Eastside Distilling stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Eastside Distilling stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment and add your info.
- Research Eastside Distilling stock: The Eastside Distilling ticker symbol is EAST. Is Eastside Distilling stock a good investment? Should you buy shares of EAST? How do EAST's underlying business fundamentals look? Do top analysts think Eastside Distilling is a good buy? Why has EAST's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if EAST is a good stock to buy).
- Place your EAST purchase: Decide if you will purchase EAST shares at the current market price or use a limit order to buy EAST stock at a particular price.
- Keep tabs on your EAST investment: Create a watchlist to watch your investment in Eastside Distilling shares.
Step 1: Figure out where to buy Eastside Distilling stock
You need an online brokerage account to access the NASDAQ market and buy EAST stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to buy EAST stock today.
How to Set Up 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.
- Provide your personal data to open your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the best stock app to use, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Research Eastside Distilling stock
After you have chosen the best place to buy Eastside Distilling stock, it's absolutely critical to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Eastside Distilling shares at a glance
EAST Zen Score
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on EAST's stock page.
Is EAST stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge EAST's intrinsic value.
Using relative valuations methods:
- EAST could be undervalued based on its P/B ratio of 2.04x, relative to Beverages - Wineries & Distilleries industry P/B ratio of 6.09x
You can access more valuation analysis on EAST's stock here.
EAST Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the EAST balance sheet.
- EAST has $403.00k in cash and short term investments. This is enough to cover its annual cash burn of $1.73M.
Negative Financial Indicators:
- Total EAST debt is higher than 5 years ago, relative to shareholder equity.
- EAST has cash burn of 1732000. It does not have enough cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the EAST balance sheet.
- EAST profit margin has gone up by 0.45 percentage points in the past year, but the company is still unprofitable.
- EAST has a relatively high debt to equity ratio of 19.49.
Is EAST stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give recommendations on EAST, the consensus analyst rating on EAST is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Eastside Distilling stock forecast page.
EAST Momentum
How are EAST Revenues/Earnings doing?
Last year, EAST revenue was $10.50M. Over the past 5 year, EAST's revenue has gone up by 11.39% per year. This was faster than the Beverages - Wineries & Distilleries industry average of 6.22%.
Dive into EAST's earnings and revenue performance here.
Are EAST executives and large shareholders buying or selling the stock?
Over the last year, insiders at EAST have bought more shares than they have sold.
Elizabeth Ann Levynavarro, Director of EAST, was the latest EAST insider to sell. They sold $5,350.00 worth of EAST stock on Dec 13, 2023.
Research more about who owns EAST shares here.
Does EAST provide a stable income stream?
No, Eastside Distilling doesn't provide an income stream by paying out dividends.
What others are saying about EAST
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your EAST purchase
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 best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open button and your broker will place your order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your EAST investment
Now that you own some EAST shares, you'll want to stay up-to-date on your investment.
Put EAST on a watchlist to get the latest updates about your EAST stock.
EAST Feed
How to Buy Stock in Eastside Distilling
To summarize, here are the 6 steps you need to take to buy Eastside Distilling stock right now:
- Figure out where to buy Eastside Distilling stock
- Sign up for your brokerage account
- Put funds into your investment account
- Research Eastside Distilling stock
- Place your EAST purchase
- Keep tabs on your EAST investment
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Eastside Distilling, create a watchlist on WallStreetZen today.
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