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How to Buy Franklin Wireless Stock

Franklin Wireless Corp

Franklin Wireless Corp. provides intelligent wireless solutions. The company's products include mobile hotspots, routers, trackers, and other devices, which integrates hardware and software enabling machine-to-machine (M2M) applications and the Internet of Things (IoT).

Franklin Wireless stock last closed at $2.99, up 5.65% from the previous day, and has decreased 39.35% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.22 percentage points. Franklin Wireless stock is currently +11.15% from its 52-week low of $2.69, and -40.2% from its 52-week high of $5.00.

There are currently 11.78M shares of FKWL outstanding. The market cap of FKWL is $35.23M. In the last 24 hours, 36,732 FKWL shares were traded.

How to Buy Franklin Wireless Stock

Not sure how to invest in Franklin Wireless stock? Here's how.
  1. Figure out where to buy Franklin Wireless stock: You need to choose 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 Franklin Wireless stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Evaluate Franklin Wireless stock: The Franklin Wireless ticker symbol is FKWL. Is Franklin Wireless stock a good investment? Should you buy shares of FKWL? How do FKWL's underlying business fundamentals look? Do top analysts think Franklin Wireless is a good buy? Why has FKWL's stock price moved recently? (Hint: Our stock market research website can help you figure out if FKWL is a good stock to buy).
  5. Place your FKWL buy order: Decide if you will purchase FKWL shares at the current market price or use a limit order to purchase FKWL shares at a specific price.
  6. Get the latest scoop on your FKWL investment: Create a watchlist to keep track of your new investment in Franklin Wireless stock.

Step 1: Figure out where to buy Franklin Wireless stock

You need a brokerage account in order to access the NASDAQ market and buy FKWL stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. Here's why:

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  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro today.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal details so you can invest in FKWL today.

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  2. Enter your personal data to create a new trading account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've opened your account on app for stock, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring money into your brokerage account.

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

Step 4: Evaluate Franklin Wireless stock

After you have figured out the best place to buy Franklin Wireless stock, it's crucial to analyze their stock prior to buying, so you actually wrap your head around the risk and upside.

Franklin Wireless Metrics

FKWL Price
$2.99
1w %
0.34%
1y %
-39.35%
5y %
15.89%
P/E
-15.74x
P/B
0.92x
P/S
0.74x
PEG
N/A
Revenue
$47.36M
Earnings
-$2.38M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$35.23M
Next Earnings
May 13, 2024
Next Dividend
N/A

Franklin Wireless Overview

WallStreetZen was designed to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on FKWL's stock page.

Is FKWL stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge FKWL's true value.

Using relative valuations metrics:

  • FKWL could be undervalued based on its P/B ratio of 0.92x, relative to Communication Equipment industry P/B ratio of 2.78x

You can do more valuation research on FKWL's stock here.

FKWL Financial Overview

Passed Health Checks:

  • FKWL has a low debt to equity ratio of 0.34.
  • FKWL profit margin has gone up from -8.3% to -5% in the past year.
  • There are more short-term assets than short-term liabilities on the FKWL balance sheet.
  • There are more short-term assets than long-term liabilities on the FKWL balance sheet.
  • FKWL has $32.84M in cash and short term investments. This is sufficient to cover its annual cash burn of $1.56M.
  • Total FKWL debt is lower than 5 years ago, relative to shareholder equity.
  • FKWL has cash burn of 1559171. It has enough cash and short-term investments to cover this for at least one year.

FKWL Momentum

SMA10
2.89
SMA20
2.88
SMA50
2.93
SMA100
2.99
SMA200
3.12
MACD
-0.01
MACD Signal
-0.02
MACD Histogram
0.01
RSI
57.13
Stochastic %K
53.37
Stochastic %D
36.96
StochRSI %K
44.08
StochRSI %D
23.5

FKWL Growth Numbers

Last year, FKWL revenue was $47.36M. Over the past five year, FKWL's revenue has increased by 5.3% per year. This was faster than the Communication Equipment industry average of 3.91%.

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

Who is buying/selling FKWL?

Over the last year, insiders at FKWL have not bought or sold any shares.

Get more info about who owns FKWL shares here.

Can I get consistent income from FKWL stock?

No, Franklin Wireless doesn't provide an income stream by paying out dividends.

What do other investors have to say about FKWL?

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

Click below to see what other investors have to say.

Step 5: Place your FKWL buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to 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 need more help with buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your FKWL investment

Now that you own some FKWL shares, you'll want to keep up with your new investment.

Make a watchlist to get notified of important updates regarding your FKWL stock.

FKWL Feed

How to Buy Stock in Franklin Wireless

To reiterate, here are the 6 steps to buy stock in Franklin Wireless:

  1. Figure out where to buy Franklin Wireless stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Evaluate Franklin Wireless stock
  5. Place your FKWL buy order
  6. Get the latest scoop on your FKWL investment

If you need a place to buy stocks, 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 would like to get updates on your new investment in Franklin Wireless, create your watchlist below.

NASDAQ: FKWL
$2.99+0.16 (+5.65%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: FKWL
$2.99+0.16 (+5.65%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Franklin Wireless share?

As of Mar 28, 2024, it costs $2.99 to buy one share of Franklin Wireless stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.334 shares of FKWL.

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 Franklin Wireless stock?

One way to place an order for Franklin Wireless 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.