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How to Buy Kartoon Studios Stock

Kartoon Studios Inc

Genius Brands International, Inc. , a content and brand management company, creates and licenses multimedia content for toddlers to tweens worldwide.

Kartoon Studios stock last closed at $1.14, up 1.79% from the previous day, and has decreased 57.14% in one year. It has underperformed other stocks in the Entertainment industry by 0.71 percentage points. Kartoon Studios stock is currently +21.93% from its 52-week low of $0.94, and -66.96% from its 52-week high of $3.45.

There are currently 35.37M TOON shares outstanding. The market capitalization of TOON is $40.32M. In the past 24 hours, 139,065 TOON shares were traded.

How to Buy Kartoon Studios Stock

Wondering how to invest in Kartoon Studios stock? Here's how.
  1. Choose where to buy Kartoon Studios stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Kartoon Studios stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your payment method and add your details.
  4. Evaluate Kartoon Studios stock: The Kartoon Studios ticker symbol is TOON. Is Kartoon Studios stock a good investment? Should you buy shares of TOON? How do TOON's underlying business fundamentals look? Do top analysts think Kartoon Studios is a good buy? Why has TOON's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if TOON is a good stock to buy).
  5. Place your TOON purchase: Decide if you will purchase TOON shares at the current market price or use a limit order to purchase TOON stock at a particular price.
  6. Get the latest news on your TOON position: Create a watchlist to monitor your new investment in Kartoon Studios stock.

Step 1: Choose where to buy Kartoon Studios stock

You need a brokerage account in order to access the NYSEMKT market and buy TOON stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you are able to invest in TOON stock today.

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  2. Provide your personal details to start your new brokerage account.
  1. Submit your details by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've finished signing up on a good stock buying app, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of depositing funds into your investment account.

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Step 4: Evaluate Kartoon Studios stock

After you have identified the best place to buy Kartoon Studios stock, it's important to research their stock before you invest, so you can understand the risk as well as the upside.

Kartoon Studios stock quick numbers

TOON Price
$1.14
1w %
-21.92%
1y %
-57.14%
5y %
-94.26%
P/E
-0.5x
P/B
0.78x
P/S
0.87x
PEG
N/A
Revenue
$44.09M
Earnings
-$77.10M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$40.32M
Next Earnings
May 20, 2024
Next Dividend
N/A

TOON Overview

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.

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

Is TOON stock overvalued?

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

Using relative valuations methods:

  • TOON may be undervalued based on its P/B ratio of 0.78x, relative to Entertainment industry P/B ratio of 2.69x

You can access additional valuation research on TOON's stock here.

How do TOON Financials look?

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the TOON balance sheet.
  • There are more short-term assets than long-term liabilities on the TOON balance sheet.
  • TOON has cash burn of 16164000. It has sufficient cash and short-term investments to cover this for at least one year.

Failed Financial Due Diligence Checks:

  • TOON has $17.48M in cash and short term investments. This is not enough to cover its annual cash burn of $16.16M.
  • Total TOON debt is higher than 5 years ago, relative to shareholder equity.
  • TOON profit margin has gone down from -73.2% to -174.9% in the past year.
  • TOON has a relatively high debt to equity ratio of 1.13.

You can dig deeper into what analysts are forecasting on the Kartoon Studios stock forecast page.

TOON Technical Indicators

SMA10
1.35
SMA20
1.4
SMA50
1.44
SMA100
1.4
SMA200
1.46
MACD
-0.07
MACD Signal
-0.02
MACD Histogram
-0.05
RSI
36.65
Stochastic %K
7.99
Stochastic %D
6.26
StochRSI %K
6.79
StochRSI %D
4.41

TOON Revenue

Last year, TOON revenue was $44.09M. Over the last 5 year, TOON's revenue has gone up by 113.52% per year. This was faster than the Entertainment industry average of 14.89%.

Learn more about TOON's earnings and revenue performance here.

Who is buying/selling TOON?

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

Research more about who owns TOON shares here.

Does TOON stock generate passive income?

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

What do other traders have to say about TOON?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Place your TOON purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

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

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Step 6: Get the latest news on your TOON position

Now that you own some TOON stock, you'll want to keep up with your investment.

Put TOON on a watchlist to get alerted to the latest events about your TOON stock.

TOON Feed

How to Buy Stock in Kartoon Studios

To summarize, here are the 6 steps you need to take to buy Kartoon Studios stock right now:

  1. Choose where to buy Kartoon Studios stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Evaluate Kartoon Studios stock
  5. Place your TOON purchase
  6. Get the latest news on your TOON position

If you need a online brokerage, eToro is our favorite venue.

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 investment in Kartoon Studios, click below.

NYSEMKT: TOON
$1.14+0.02 (+1.79%)
Updated Apr 23, 2024
Open eToro Account
NYSEMKT: TOON
$1.14+0.02 (+1.79%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Kartoon Studios share?

As of Apr 23, 2024, it costs $1.14 to buy one share of Kartoon Studios stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.57, you can buy 0.5 shares of TOON.

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 Kartoon Studios stock?

One way to place an order for Kartoon Studios 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.