How to Buy Farmmi Stock
Farmmi Inc
Farmmi, Inc. , together with its subsidiaries, processes and sells agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East.
Farmmi stock last closed at $0.45, up 0.67% from the previous day, and has decreased 61.28% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.66 percentage points. Farmmi stock is currently +16.45% from its 52-week low of $0.39, and -64.33% from its 52-week high of $1.27.
There are currently 23.91M shares of FAMI outstanding. The market capitalization of FAMI is $10.83M. In the past 24 hours, 129,476 FAMI shares were traded.
How to Buy Farmmi Stock
Not sure how to invest in Farmmi stock? Here's how.
- Choose where to buy Farmmi stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Farmmi stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Evaluate Farmmi stock: The Farmmi ticker symbol is FAMI. Is Farmmi stock a good investment? Should you buy shares of FAMI? How do FAMI's underlying business fundamentals look? Do top analysts think Farmmi is a good buy? Why has FAMI's stock price moved recently? (Hint: Our stock market research tools can help you figure out if FAMI is a good stock to buy).
- Make your FAMI buy order: Decide if you will purchase FAMI shares at the current market price or use a limit order to purchase FAMI stock at a specific price.
- Keep tabs on your investment in FAMI: Create a watchlist to keep tabs on your new investment in Farmmi stock.
Step 1: Choose where to buy Farmmi stock
You will need an online brokerage account to access the NASDAQ market and buy FAMI stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users around the world. 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 cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you are able to buy FAMI today.
How to Open a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal data to open a new brokerage account.
- Send your information by hitting the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have created your account on mobile trading apps, you need to deposit funds:
Check out this video walkthrough to see the process of transferring funds into your investment account.
Step 4: Evaluate Farmmi stock
Once you have selected the best place to buy Farmmi stock, it's important to evaluate their stock prior to investing, so you truly understand the risk as well as the upside.
Farmmi Numbers
Farmmi Due Diligence Checks
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on FAMI's stock page.
What is the fair value of FAMI stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FAMI's true value.
Using relative valuations methods:
- FAMI may be undervalued based on its P/E ratio of 4.53x, relative to Packaged Foods industry P/E ratio of 21.3x
- FAMI may be undervalued based on its P/B ratio of 0.07x, relative to Packaged Foods industry P/B ratio of 2.38x
You can access additional valuation research on FAMI's stock here.
A look at FAMI Cashflows and Balance Sheet
Pros:
- There are more short-term assets than short-term liabilities on the FAMI balance sheet.
- Total FAMI debt is lower than 5 years ago, relative to shareholder equity.
- FAMI has a low debt to equity ratio of 0.06.
- FAMI earnings of $2.24M is not enough to cover its interest payments.
- FAMI's operating cash flow of $20.64M allows it to safely service it's debt of $4.55M.
- There are more short-term assets than long-term liabilities on the FAMI balance sheet.
Cons:
- FAMI profit margin has gone down from 6% to 2.2% in the past year.
Metrics for Advanced FAMI Traders
FAMI Performance Numbers
Last year, FAMI earnings were $2.22M. During the last five year, FAMI's earnings have gone up by -58.63% per year. This was slower than the Packaged Foods industry average of -0.59%.
Last year, FAMI revenue was $99.21M. In the last 5 year, FAMI's revenue has gone up by 30.05% per year. This was faster than the Packaged Foods industry average of 7.4%.
You can analyze FAMI's earnings and revenue performance here.
Who is buying/selling FAMI?
Over the last year, insiders at FAMI have not bought or sold any shares.
Research more about who owns FAMI shares here.
Does FAMI provide a stable income stream?
No, Farmmi doesn't provide an income stream by paying out dividends.
FAMI Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your FAMI buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in FAMI
Now that you own some FAMI shares, you'll want to keep up with your stock purchase.
Create a watchlist to get notified of important updates regarding your FAMI stock.
FAMI Feed
How to Buy Stock in Farmmi
To summarize, here are the 6 steps to buy Farmmi stock:
- Choose where to buy Farmmi stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Farmmi stock
- Make your FAMI buy order
- Keep tabs on your investment in FAMI
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Farmmi, get started below.
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