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How to Buy Gdev Stock

Gdev Inc

GDEV Inc. operates as a gaming and entertainment company in the United States, Europe, Asia, and internationally. It develops desktop, mobile, web, and social games.

Gdev stock last closed at $2.15, up 0% from the previous day, and has decreased 73.1% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.78 percentage points. Gdev stock is currently +13.26% from its 52-week low of $1.90, and -74.68% from its 52-week high of $8.50.

At the moment, there are 197.64M shares of GDEV outstanding. The market cap of GDEV is $425.32M. In the past 24 hours, 305 GDEV shares were traded.

How to Buy Gdev Stock

Not sure how to invest in Gdev stock? Here's how.
  1. Choose where to buy Gdev 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 Gdev stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Research Gdev stock: The Gdev ticker symbol is GDEV. Is Gdev stock a good investment? Should you buy shares of GDEV? How do GDEV's underlying business fundamentals look? Do top analysts think Gdev is a good buy? Why has GDEV's stock price moved recently? (Hint: Our stock market research tools can help you figure out if GDEV is a good stock to buy).
  5. Execute your GDEV buy order: Decide if you will purchase GDEV shares at the current market price or use a limit order to purchase GDEV shares at a particular price.
  6. Watch your investment in GDEV: Create a watchlist to monitor your position in Gdev shares.

Step 1: Choose where to buy Gdev stock

You need a brokerage account to access the NASDAQ market and buy GDEV shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to buy GDEV today.

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Step 3: Deposit money your investment account

Now that you've opened your account on the best free stock trading app, you can securely and quickly fund your account:

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Step 4: Research Gdev stock

After you have figured out the best place to buy Gdev stock, it's crucial to analyze their stock before you invest, so you can comprehend the risk as well as the upside.

Overview of key GDEV info

GDEV Price
$2.15
1w %
-3.5%
1y %
-73.1%
5y %
N/A
P/E
9.36x
P/B
-4.26x
P/S
0.92x
PEG
0.03x
Revenue
$464.55M
Earnings
$46.12M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$425.32M
Next Earnings
N/A
Next Dividend
N/A

Gdev Fundamentals

WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on GDEV's stock page.

Is GDEV stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge GDEV's true value.

Using relative valuations methods:

  • GDEV could be overvalued based on its P/E ratio of 9.36x, relative to Electronic Gaming & Multimedia industry P/E ratio of 7.22x
  • GDEV could be undervalued based on its PEG ratio of 0.03x

You can access more valuation research on GDEV's stock here.

A quick look at GDEV Financials

Passed Health Checks:

  • GDEV profit margin has gone up from 1.5% to 9.9% in the past year.
  • GDEV's operating cash flow of $17.95M allows it to safely service it's debt of $2.44M.
  • GDEV earnings of $54.04M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the GDEV balance sheet.

Failed Health Checks:

  • Total GDEV debt is still negative.
  • GDEV debt to equity ratio of -4.21 is negative.
  • There are more short-term liabilities than short-term assets on the GDEV balance sheet.

GDEV Technical Indicators

SMA10
2.21
SMA20
2.24
SMA50
2.26
SMA100
2.25
SMA200
3.04
MACD
-0.02
MACD Signal
-0.01
MACD Histogram
-0.01
RSI
38.07
Stochastic %K
31.5
Stochastic %D
41.94
StochRSI %K
0
StochRSI %D
12.74

GDEV Growth Metrics

Last year, GDEV earnings were $46.12M. During the last 1 years, GDEV's earnings have gone up by 475% per year. This was faster than the Electronic Gaming & Multimedia industry average of 15.37%.

Last year, GDEV revenue was $464.55M. In the past 4 year, GDEV's revenue has grown by 49.17% per year. This was faster than the Electronic Gaming & Multimedia industry average of 20.32%.

You can analyze GDEV's earnings and revenue performance here.

Who is buying/selling GDEV?

In the past year, executives and large shareholders at GDEV have not bought or sold any shares.

Dig into more about who owns GDEV shares here.

Can I get consistent income from GDEV stock?

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

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Step 5: Execute your GDEV 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 mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Watch your investment in GDEV

Now that you own some GDEV stock, you'll want to keep up with your new stock purchase.

Create a watchlist to get the latest updates about your GDEV stock.

GDEV Feed

No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.

How to Buy Stock in Gdev

To reiterate, here are the 6 steps to buy Gdev stock:

  1. Choose where to buy Gdev stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Research Gdev stock
  5. Execute your GDEV buy order
  6. Watch your investment in GDEV

If you require a brokerage account, 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 keep tabs on your new investment in Gdev, get started below.

NASDAQ: GDEV
$2.15+0.00 (+0%)
Updated May 3, 2024
Open eToro Account
NASDAQ: GDEV
$2.15+0.00 (+0%)
Updated May 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Gdev share?

As of May 3, 2024, it costs $2.15 to buy one share of Gdev 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 0.465 shares of GDEV.

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 Gdev stock?

One way to place an order for Gdev 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.