WallStreetZenWallStreetZen

How to Buy Elevai Labs Stock

Elevai Labs Inc

Elevai Labs, Inc. , a skincare development company, designs, manufactures, and markets skincare products.

Elevai Labs stock last closed at $0.65, down 4.83% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Biotechnology industry by N/A percentage points. Elevai Labs stock is currently +13.84% from its 52-week low of $0.57, and -84.68% from its 52-week high of $4.24.

At the moment, there are 17.33M shares of ELAB outstanding. The market value of ELAB is $11.26M. In the past 24 hours, 122,586 ELAB shares were traded.

How to Buy Elevai Labs Stock

Not sure how to invest in Elevai Labs stock? Here's how.
  1. Choose where to buy Elevai Labs stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Elevai Labs stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your payment method and add your info.
  4. Analyze Elevai Labs stock: The Elevai Labs ticker symbol is ELAB. Is Elevai Labs stock a good investment? Should you buy shares of ELAB? How do ELAB's underlying business fundamentals look? Do top analysts think Elevai Labs is a good buy? Why has ELAB's stock price moved recently? (Hint: Our stock research tools can help you figure out if ELAB is a good stock to buy).
  5. Execute your ELAB trade: Decide if you will purchase ELAB shares at the current market price or use a limit order to buy ELAB shares at a specific price.
  6. Get the latest scoop on your ELAB position: Create a watchlist to the latest updates on your investment in Elevai Labs shares.

Step 1: Choose where to buy Elevai Labs stock

You will need an online brokerage account in order to access the NASDAQ market and buy ELAB shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best brokerage. Here's why:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world financial markets: From Tech to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to buy ELAB today.

How to Open a New Account on eToro

  1. 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.
  2. Enter your personal data to start your new brokerage account.
  1. Submit your details by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your brokerage account

Now that you have opened your account on investing apps, you need to deposit funds:

Check out the tutorial below to see the process of depositing money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Elevai Labs stock

After you have figured out the best place to buy Elevai Labs stock, it's critical to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the upside.

Overview of key ELAB info

ELAB Price
$0.65
1w %
-7.28%
1y %
N/A
5y %
N/A
P/E
-1.63x
P/B
2.94x
P/S
4.09x
PEG
N/A
Revenue
$1.71M
Earnings
-$4.30M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$11.26M
Next Earnings
N/A
Next Dividend
N/A

Elevai Labs Fundamentals

WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.

You can view all of the due diligence checks on ELAB's stock page.

How is ELAB stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge ELAB's fair value.

Using relative valuations methods:

  • ELAB could be undervalued based on its P/B ratio of 2.94x, relative to Biotechnology industry P/B ratio of 5.91x

You can access more valuation analysis on ELAB's stock here.

Is ELAB a healthy company?

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the ELAB balance sheet.
  • ELAB has a low debt to equity ratio of 0.36.
  • There are more short-term assets than long-term liabilities on the ELAB balance sheet.

Failed Financial Due Diligence Checks:

  • ELAB profit margin has gone down from -234.9% to -251.2% in the past year.
  • ELAB has $3.33M in cash and short term investments. This is not enough to cover its annual cash burn of $4.57M.
  • ELAB has cash burn of 4568002. It does not have sufficient cash and short-term investments to cover this.

Metrics for Advanced ELAB Traders

SMA10
0.68
SMA20
0.64
SMA50
0.68
SMA100
0.92
SMA200
N/A
MACD
0
MACD Signal
0
MACD Histogram
0.01
RSI
47.36
Stochastic %K
53.08
Stochastic %D
54.4
StochRSI %K
64.38
StochRSI %D
69.76

Is ELAB Making Money?

Last year, ELAB revenue was $1.71M. During the past 2 year, ELAB's revenue has gone up by 4,450.66% per year. This was faster than the Biotechnology industry average of 31.46%.

Find out more about ELAB's earnings and revenue performance here.

What are ELAB executives and large shareholders up to?

Over the last 12 months, insiders at ELAB have not bought or sold any shares.

Research more about who owns ELAB shares here.

Can I get consistent income from ELAB stock?

No, Elevai Labs doesn't provide an income stream by paying out dividends.

What others are saying about ELAB

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your ELAB trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine for most investors.
  • 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 specific dollar amount, place a limit order.

Press the Open button and eToro will execute your order.

If you want more info about buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your ELAB position

Now that you own some shares in ELAB, you'll want to keep up with your new company.

Put ELAB on a watchlist to track the most important metrics related to your ELAB stock.

ELAB Feed

How to Buy Stock in Elevai Labs

To reiterate, here are the 6 steps to buy Elevai Labs stock:

  1. Choose where to buy Elevai Labs stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Elevai Labs stock
  5. Execute your ELAB trade
  6. Get the latest scoop on your ELAB position

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Elevai Labs, hit the button below to create your watchlist.

NASDAQ: ELAB
$0.65-0.03 (-4.83%)
Updated May 10, 2024
Open eToro Account
NASDAQ: ELAB
$0.65-0.03 (-4.83%)
Updated May 10, 2024
Open eToro Account

FAQ

How much does it cost to buy one Elevai Labs share?

As of May 10, 2024, it costs $0.65 to buy one share of Elevai Labs stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.33, you can buy 0.5 shares of ELAB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Elevai Labs stock?

One way to place an order for Elevai Labs stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.