How to Buy Expion360 Stock
Expion360 Inc
Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications.
Expion360 stock last closed at $2.33, up 9.39% from the previous day, and has decreased 53.12% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.88 percentage points. Expion360 stock is currently +30.17% from its 52-week low of $1.79, and -63.54% from its 52-week high of $6.39.
At the moment, there are 7.04M shares of XPON outstanding. The market value of XPON is $16.40M. In the last 24 hours, 34,885 XPON shares were traded.
How to Buy Expion360 Stock
Not sure how to invest in Expion360 stock? Here's how.
- Figure out where to buy Expion360 stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Expion360 stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your info.
- Evaluate Expion360 stock: The Expion360 ticker symbol is XPON. Is Expion360 stock a good investment? Should you buy shares of XPON? How do XPON's underlying business fundamentals look? Do top analysts think Expion360 is a good buy? Why has XPON's stock price moved recently? (Hint: Our stock research website can help you figure out if XPON is a good stock to buy).
- Place your XPON purchase: Decide if you will purchase XPON shares at the current market price or use a limit order to buy XPON shares at a particular price.
- Get the latest scoop on your XPON position: Create a watchlist to important updates regarding your position in Expion360 shares.
Step 1: Figure out where to buy Expion360 stock
You will need an online brokerage account to access the NASDAQ market and buy XPON shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you can invest in XPON stock today.
How to Open 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.
- Provide your personal info to create your new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the best stock app to use, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Expion360 stock
Once you have figured out the best place to buy Expion360 stock, it's very important to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Expion360 stock at a glance
Expion360 Overview
WallStreetZen was built to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on XPON's stock page.
What is the fair value of XPON stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge XPON's intrinsic value.
Using relative valuations ratios:
- XPON may be undervalued based on its P/B ratio of 3.06x, relative to Electrical Equipment & Parts industry P/B ratio of 4.13x
You can access more valuation analysis on XPON's stock here.
A look at XPON Cashflows and Balance Sheet
Pros:
- There are more short-term assets than short-term liabilities on the XPON balance sheet.
- There are more short-term assets than long-term liabilities on the XPON balance sheet.
Cons:
- XPON has a relatively high debt to equity ratio of 1.23.
- XPON has cash burn of 5514654. It does not have enough cash and short-term investments to cover this.
- XPON has $3.99M in cash and short term investments. This is not enough to cover its annual cash burn of $5.51M.
- XPON profit margin has gone down from -105.2% to -124.7% in the past year.
You can dig deeper into what analysts are saying on the Expion360 stock forecast page.
Metrics for Advanced XPON Traders
XPON Performance Numbers
Last year, XPON revenue was $5.98M. Over the last three year, XPON's revenue has gone up by 141.04% per year. This was faster than the Electrical Equipment & Parts industry average of 9.97%.
Dive into XPON's earnings and revenue performance here.
What are XPON insiders up to?
In the past year, executives and large shareholders at XPON have sold more shares than they have bought.
John Henry Yozamp, 10% Owner of XPON, was the latest XPON insider to sell. They sold $108,725.20 worth of XPON stock on Jan 16, 2024.
Research more about who owns XPON stock here.
Can I rely on XPON as an income stream?
No, Expion360 doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your XPON purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock 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 security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Press the Open Trade button and eToro will place the order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your XPON position
Now that you own some XPON stock, you'll want to keep up with your new shares.
Make a watchlist to keep tabs on your XPON stock.
XPON Feed
How to Buy Stock in Expion360
To reiterate, here are the 6 steps you need to take to buy Expion360 stock right now:
- Figure out where to buy Expion360 stock
- Open your brokerage account
- Deposit money your investment account
- Evaluate Expion360 stock
- Place your XPON purchase
- Get the latest scoop on your XPON position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Expion360, get started below.
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