How to Buy Everspin Technologies Stock
Everspin Technologies Inc
Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, and internationally.
Everspin Technologies stock last closed at $7.46, up 1.22% from the previous day, and has increased 18.23% in one year. It has underperformed other stocks in the Semiconductors industry by 0.1 percentage points. Everspin Technologies stock is currently +20.32% from its 52-week low of $6.20, and -28.95% from its 52-week high of $10.50.
As of Apr 24, 2024, there are 21.23M MRAM shares outstanding. The market capitalization of MRAM is $158.34M. In the last 24 hours, 29,942 MRAM shares were traded.
How to Buy Everspin Technologies Stock
Wondering how to invest in Everspin Technologies stock? Here's how.
- Choose where to buy Everspin Technologies stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Everspin Technologies stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Research Everspin Technologies stock: The Everspin Technologies ticker symbol is MRAM. Is Everspin Technologies stock a good investment? Should you buy shares of MRAM? How do MRAM's underlying business fundamentals look? Do top analysts think Everspin Technologies is a good buy? Why has MRAM's stock price moved recently? (Hint: Our stock research website can help you figure out if MRAM is a good stock to buy).
- Execute your MRAM buy order: Decide if you will purchase MRAM shares at the current market price or use a limit order to purchase MRAM shares at a specific price.
- Get the latest scoop on your MRAM position: Create a watchlist to the latest updates on your new investment in Everspin Technologies shares.
Step 1: Choose where to buy Everspin Technologies stock
You will need an online brokerage account to access the NASDAQ market and buy MRAM stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you can invest in MRAM today.
How to Set Up a New Investment 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 info to start your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the highest rated stock app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Research Everspin Technologies stock
After you have decided on the best place to buy Everspin Technologies stock, it's critical to evaluate their stock prior to investing, so you truly comprehend the risk and upside.
Everspin Technologies quick stats
MRAM Due Diligence Checks
WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on MRAM's stock page.
What is the fair value of MRAM stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MRAM's true value.
Using relative valuations ratios:
- MRAM could be undervalued based on its P/E ratio of 16.95x, relative to Semiconductors industry P/E ratio of 56.95x
- MRAM could be undervalued based on its P/B ratio of 2.94x, relative to Semiconductors industry P/B ratio of 7.5x
- MRAM could be undervalued based on its PEG ratio of 0.56x
You can do more valuation analysis on MRAM's stock here.
A look at MRAM Cashflows and Balance Sheet
Passed Health Checks:
- MRAM's operating cash flow of $13.13M allows it to safely service it's debt of $5.58M.
- Total MRAM debt is lower than 5 years ago, relative to shareholder equity.
- MRAM has a low debt to equity ratio of 0.25.
- MRAM earnings of $9.10M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the MRAM balance sheet.
- MRAM profit margin has gone up from 10.2% to 14.2% in the past year.
- There are more short-term assets than long-term liabilities on the MRAM balance sheet.
Do analysts think it's a good time to buy Everspin Technologies stock
Out of 1 sell side analysts who research MRAM, the consensus analyst rating on MRAM is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Everspin Technologies stock forecast page.
MRAM Technicals
How is MRAM performing as a company?
Last year, MRAM earnings were $9.05M. In the last 2 year, MRAM's earnings have gone up by 41.42% per year. This was faster than the Semiconductors industry average of 26.81%.
Last year, MRAM revenue was $63.77M. Over the last 5 year, MRAM's revenue has increased by 5.23% per year. This was slower than the Semiconductors industry average of 23.1%.
You can analyze MRAM's earnings and revenue performance here.
Latest Insiders Trades at MRAM
Over the past year, insiders at MRAM have sold more shares than they have bought.
Anuj Aggarwal, CHIEF FINANCIAL OFFICER of MRAM, was the latest MRAM insider to sell. They sold $100,759.68 worth of MRAM shares on Apr 2, 2024.
Get more info about who owns MRAM stock here.
Does MRAM provide a stable income stream?
No, Everspin Technologies doesn't provide an income stream by paying out dividends.
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Step 5: Execute your MRAM buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your MRAM position
Now that you own some shares in MRAM, you'll want to keep up with your company.
Create a watchlist to track the latest developments regarding your MRAM stock.
MRAM Feed
How to Buy Stock in Everspin Technologies
To summarize, here are the 6 steps to buy stock in Everspin Technologies:
- Choose where to buy Everspin Technologies stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Everspin Technologies stock
- Execute your MRAM buy order
- Get the latest scoop on your MRAM position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Everspin Technologies, add MRAM to your watchlist below.
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