How to Buy Gigacloud Technology Stock
Gigacloud Technology Inc
GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise.
Gigacloud Technology stock last closed at $12.54, down 3.09% from the previous day, and has decreased 60.55% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.02 percentage points. Gigacloud Technology stock is currently +12.26% from its 52-week low of $11.17, and -69.64% from its 52-week high of $41.31.
There are currently 81.02M shares of GCT outstanding. The market capitalization of GCT is $1.02B. In the last 24 hours, 541,345 GCT shares were traded.
How to Buy Gigacloud Technology Stock
Not sure how to invest in Gigacloud Technology stock? Here's how.
- Figure out where to buy Gigacloud Technology stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Gigacloud Technology stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Analyze Gigacloud Technology stock: The Gigacloud Technology ticker symbol is GCT. Is Gigacloud Technology stock a good investment? Should you buy shares of GCT? How do GCT's underlying business fundamentals look? Do top analysts think Gigacloud Technology is a good buy? Why has GCT's stock price moved recently? (Hint: Our stock research website can help you evaluate if GCT is a good stock to buy).
- Make your GCT trade: Decide if you will purchase GCT shares at the current market price or use a limit order to purchase GCT shares at a given price.
- Watch your GCT position: Create a watchlist to the latest updates on your new investment in Gigacloud Technology shares.
Step 1: Figure out where to buy Gigacloud Technology stock
You need a brokerage account to access the NASDAQ market and buy GCT shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can buy GCT stock today.
How to Create a New 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.
- Provide your personal details to create your new trading account.
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Step 3: Put funds into your brokerage account
Now that you've created your account on the best stock investing app, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Analyze Gigacloud Technology stock
Once you have chosen the best place to buy Gigacloud Technology stock, it's important to evaluate their stock before you buy, so you truly comprehend the risk and opportunity.
Gigacloud Technology shares at a glance
GCT Overview
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on GCT's stock page.
Is GCT stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge GCT's intrinsic value.
Using relative valuations measures:
- GCT could be undervalued based on its P/E ratio of 4.1x, relative to Software - Infrastructure industry P/E ratio of -75.94x
- GCT could be undervalued based on its P/B ratio of 2.51x, relative to Software - Infrastructure industry P/B ratio of 10x
You can do additional valuation analysis on GCT's stock here.
GCT Financial Health
Passed Financial Due Diligence Checks:
- GCT earnings of $140.87M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the GCT balance sheet.
- There are more short-term assets than long-term liabilities on the GCT balance sheet.
- GCT's operating cash flow of $158.08M allows it to safely service it's debt of $0.00.
Failed Financial Due Diligence Checks:
- GCT profit margin has gone down from 13.4% to 10.8% in the past year.
- GCT has a relatively high debt to equity ratio of 1.64.
Do analysts think it's a good time to buy Gigacloud Technology stock
Out of 2 Wall Street analysts who give ratings on GCT, the consensus analyst rating on Gigacloud Technology is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Gigacloud Technology stock forecast page.
GCT Technicals
GCT Growth Numbers
Last year, GCT earnings were $125.81M. During the last 5 year, GCT's earnings have grown by 94.48% per year. This was faster than the Software - Infrastructure industry average of 36.45%.
Last year, GCT revenue was $1.16B. Over the past 5 year, GCT's revenue has increased by 56.85% per year. This was faster than the Software - Infrastructure industry average of 17.58%.
You can analyze GCT's earnings and revenue performance here.
Latest Insiders Trades at GCT
Over the past year, insiders at GCT have sold more shares than they have bought.
Marshall Bernes, Head of BaaS Program of GCT, was the latest GCT insider to buy. They bought $87,500.00 worth of GCT shares on Dec 27, 2024.
Get more info about who owns GCT shares here.
Can I get consistent income from GCT stock?
No, Gigacloud Technology doesn't provide an income stream by paying out dividends.
What do other traders have to say about GCT?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your GCT trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you require more assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your GCT position
Now that you own some shares in GCT, you'll want to stay up-to-date on your investment.
Put GCT on a watchlist to see the latest developments about your GCT stock.
GCT Feed
How to Buy Stock in Gigacloud Technology
To summarize, here are the 6 steps to buy Gigacloud Technology stock:
- Figure out where to buy Gigacloud Technology stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Gigacloud Technology stock
- Make your GCT trade
- Watch your GCT position
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Gigacloud Technology, click below.
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