How to Buy Edgio Stock
Edgio Inc
Edgio, Inc. provides edge-enabled software solutions through an integrated delivery, applications, and streaming platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Edgio stock last closed at $9.57, up 0.42% from the previous day, and has decreased 61.31% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.77 percentage points. Edgio stock is currently +43.48% from its 52-week low of $6.67, and -78.25% from its 52-week high of $44.00.
As of May 1, 2024, there are 5.64M shares of EGIO outstanding. The market capitalization of EGIO is $53.96M. In the past 24 hours, 39,669 EGIO shares were traded.
How to Buy Edgio Stock
Wondering how to invest in Edgio stock? Here's how.
- Choose where to buy Edgio stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Edgio stock.
- Create a 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.
- Analyze Edgio stock: The Edgio ticker symbol is EGIO. Is Edgio stock a good investment? Should you buy shares of EGIO? How do EGIO's underlying business fundamentals look? Do top analysts think Edgio is a good buy? Why has EGIO's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if EGIO is a good stock to buy).
- Place your EGIO purchase: Decide if you will purchase EGIO shares at the current market price or use a limit order to purchase EGIO shares at a given price.
- Get the latest news on your EGIO investment: Create a watchlist to important notifications about your new investment in Edgio stock.
Step 1: Choose where to buy Edgio stock
You will need an online brokerage account to access the NASDAQ market and buy EGIO shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you are able to buy EGIO today.
How to Open a New 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 details to start your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've finished signing up on the best investment app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help transferring funds into your new investment account.
Step 4: Analyze Edgio stock
Once you have identified the best place to buy Edgio stock, it's absolutely critical to research their stock prior to buying, so you truly wrap your head around the risk and upside.
Edgio stock data
EGIO Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on EGIO's stock page.
Is EGIO stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge EGIO's intrinsic value.
Using relative valuations measures:
- EGIO could be undervalued based on its P/B ratio of 0.35x, relative to Software - Infrastructure industry P/B ratio of 11.04x
You can access more valuation research on EGIO's stock here.
EGIO Financial Health Summary
Failed Health Checks:
- EGIO profit margin has gone down from -36.9% to -40.4% in the past year.
- There are more long-term liabilities than short-term assets on the EGIO balance sheet.
- EGIO has a relatively high debt to equity ratio of 1.95.
- EGIO has cash burn of 58623000. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the EGIO balance sheet.
- EGIO has $27.63M in cash and short term investments. This is not sufficient to cover its annual cash burn of $58.62M.
- Total EGIO debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy EGIO stock, according to Wall Street analysts?
Out of 2 Equities analysts who give ratings on EGIO, the consensus analyst rating on Edgio is a Hold
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Edgio stock forecast page.
EGIO Technical Indicators
EGIO Earnings
Last year, EGIO revenue was $379.92M. Over the last five year, EGIO's revenue has increased by 13.71% per year. This was slower than the Software - Infrastructure industry average of 17.35%.
Dive into EGIO's earnings and revenue performance here.
Latest Insiders Trades at EGIO
In the past year, insiders at EGIO have bought more shares than they have sold.
Eric Chang, Chief Accounting Officer of EGIO, was the latest EGIO insider to sell. They sold $7,270.56 worth of EGIO stock on Mar 12, 2024.
Get more info about who owns EGIO shares here.
Can I rely on EGIO as an income stream?
No, Edgio doesn't provide an income stream by paying out dividends.
EGIO Social Trading Data
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: Place your EGIO purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you require additional help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your EGIO investment
Now that you own some EGIO shares, you'll want to keep up with your investment.
Make a watchlist to monitor your EGIO stock.
EGIO Feed
How to Buy Stock in Edgio
To summarize, here are the 6 steps you need to take to buy Edgio stock right now:
- Choose where to buy Edgio stock
- Create a brokerage account
- Put funds into your investment account
- Analyze Edgio stock
- Place your EGIO purchase
- Get the latest news on your EGIO investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Edgio, hit the button below to create your watchlist.
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