How to Buy Ftc Solar Stock
Ftc Solar Inc
FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vietnam, and internationally.
Ftc Solar stock last closed at $0.52, down 0.38% from the previous day, and has decreased 55.93% in one year. It has underperformed other stocks in the Solar industry by 0.21 percentage points. Ftc Solar stock is currently +195.45% from its 52-week low of $0.18, and -64.98% from its 52-week high of $1.49.
As of Oct 3, 2024, there are 127.37M shares of FTCI outstanding. The market value of FTCI is $66.23M. In the last 24 hours, 947,767 FTCI shares were traded.
How to Buy Ftc Solar Stock
Not sure how to invest in Ftc Solar stock? Here's how.
- Figure out where to buy Ftc Solar stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Ftc Solar stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your method of payment and add your information.
- Evaluate Ftc Solar stock: The Ftc Solar ticker symbol is FTCI. Is Ftc Solar stock a good investment? Should you buy shares of FTCI? How do FTCI's underlying business fundamentals look? Do top analysts think Ftc Solar is a good buy? Why has FTCI's stock price moved recently? (Hint: Our stock analysis website can help you figure out if FTCI is a good stock to buy).
- Place your FTCI purchase: Decide if you will purchase FTCI shares at the current market price or use a limit order to buy FTCI shares at a particular price.
- Get key alerts regarding your FTCI investment: Create a watchlist to important notifications about your position in Ftc Solar stock.
Step 1: Figure out where to buy Ftc Solar stock
You will need a brokerage account in order to access the NASDAQ market and buy FTCI stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy FTCI 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.
- Input your personal data to start your new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on app for investing, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Evaluate Ftc Solar stock
After you have identified the best place to buy Ftc Solar stock, it's critical to evaluate their stock prior to investing, so you truly wrap your head around the risk and upside.
Ftc Solar Metrics
FTCI Due Diligence Checks
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on FTCI's stock page.
Is FTCI stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge FTCI's fair value.
Using relative valuations ratios:
- FTCI could be undervalued based on its P/B ratio of 1.5x, relative to Solar industry P/B ratio of 2.21x
You can do more valuation research on FTCI's stock here.
FTCI Financial Summary
Pros:
- There are more short-term assets than long-term liabilities on the FTCI balance sheet.
- There are more short-term assets than short-term liabilities on the FTCI balance sheet.
Cons:
- FTCI has a relatively high debt to equity ratio of 1.27.
- FTCI has $10.78M in cash and short term investments. This is not sufficient to cover its annual cash burn of $39.23M.
- FTCI has cash burn of 39234000. It does not have enough cash and short-term investments to cover this.
- FTCI profit margin has gone down from -58.9% to -63.2% in the past year.
Is it a good time to buy FTCI stock, according to analysts?
Out of 3 sell side analysts who research FTCI, the consensus analyst rating on Ftc Solar is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Ftc Solar stock forecast page.
FTCI Technicals
Is FTCI Growing Revenue?
Last year, FTCI revenue was $77.77M. In the past three year, FTCI's revenue has grown by -86.44% per year. This was slower than the Solar industry average of 20.1%.
Dig into FTCI's earnings and revenue performance here.
Latest Insiders Trades at FTCI
In the last 12 months, insiders at FTCI have bought more shares than they have sold.
Ahmad R. Chatila, Director of FTCI, was the latest FTCI insider to buy. They bought $49,980.00 worth of FTCI stock on Sep 6, 2024.
Research more about who owns FTCI stock here.
Can I get consistent income from FTCI stock?
No, Ftc Solar doesn't provide an income stream by paying out dividends.
What do other traders have to say about FTCI?
One of the biggest 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 FTCI purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly 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 particular price limit, place a limit order.
Press the Open button and eToro will place your order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your FTCI investment
Now that you own some shares in FTCI, you'll want to keep up with your new investment.
Add FTCI to a watchlist to monitor your FTCI stock.
FTCI Feed
How to Buy Stock in Ftc Solar
To reiterate, here are the 6 steps you need to take to buy Ftc Solar stock right now:
- Figure out where to buy Ftc Solar stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Ftc Solar stock
- Place your FTCI purchase
- Get key alerts regarding your FTCI investment
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your investment in Ftc Solar, add FTCI to your watchlist below.
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