How to Buy Myndai Stock
Myndai Inc
Myndai is a education company located in Washington, United States, which is part of the Consumer Defensive sector, and is traded under the ticker MYND on the NYSEMKT exchange.
Myndai stock last closed at $2.66, down 6.01% from the previous day, and has decreased 70.07% in one year. It has underperformed other stocks in the Education & Training Services industry by 0.88 percentage points. Myndai stock is currently +8.13% from its 52-week low of $2.46, and -81.27% from its 52-week high of $14.20.
As of Apr 25, 2024, there are 456.48M shares of MYND outstanding. The market value of MYND is $121.42M. In the past 24 hours, 15,746 MYND shares were traded.
How to Buy Myndai Stock
Wondering how to invest in Myndai stock? Here's how.
- Decide where to buy Myndai stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Myndai stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment and add your information.
- Research Myndai stock: The Myndai ticker symbol is MYND. Is Myndai stock a good investment? Should you buy shares of MYND? How do MYND's underlying business fundamentals look? Do top analysts think Myndai is a good buy? Why has MYND's stock price moved recently? (Hint: Our stock market analysis website can help you understand if MYND is a good stock to buy).
- Place your MYND buy order: Decide if you will purchase MYND shares at the current market price or use a limit order to purchase MYND stock at a given price.
- Keep an eye on your MYND investment: Create a watchlist to important updates regarding your investment in Myndai shares.
Step 1: Decide where to buy Myndai stock
You will need a brokerage account to access the NYSEMKT market and buy MYND stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you can invest in MYND stock today.
How to Open 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 brokerage account.
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Step 3: Put funds into your investment account
Now that you have filled out your info on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing money into your new investment account.
Step 4: Research Myndai stock
After you have decided on the best place to buy Myndai stock, it's critical to research their stock prior to buying, so you actually comprehend the risk as well as the upside.
Overview of key MYND info
MYND Due Diligence Checks
WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MYND's stock page.
Is MYND stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge MYND's fair value.
Using relative valuations metrics:
- MYND may be undervalued based on its P/B ratio of 0.98x, relative to Education & Training Services industry P/B ratio of 2.09x
You can access more valuation research on MYND's stock here.
MYND Financial Health
Signs that MYND is financially healthy:
- MYND has $91.78M in cash and short term investments. This is enough to cover its annual cash burn of $7.05M.
- MYND has cash burn of 7048000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the MYND balance sheet.
- There are more short-term assets than long-term liabilities on the MYND balance sheet.
Signs that MYND is not financially healthy:
- MYND profit margin has gone down from 3.9% to -9.2% in the past year.
- Total MYND debt is higher than 5 years ago, relative to shareholder equity.
- MYND has a relatively high debt to equity ratio of 2.26.
MYND Trading Indicators
MYND Performance Numbers
Last year, MYND revenue was $413.56M. During the last five year, MYND's revenue has grown by 21.45% per year. This was faster than the Education & Training Services industry average of 10.04%.
You can research MYND's earnings and revenue performance here.
Latest Insiders Trades at MYND
Over the last year, insiders at MYND have not bought or sold any shares.
Get more info about who owns MYND stock here.
Does MYND stock generate passive income?
Myndai pays a dividend of 211.58%, compared to the Education & Training Services industry's average dividend yield of 54.09%. If you owned $1,000 of MYND stock, you would have received $2,115.79 in the past year.
Find more data about Myndai dividend yield and history here.
What do other traders have to say about MYND?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your MYND buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and your broker will execute the order.
If you need more help investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your MYND investment
Now that you own some MYND shares, you'll want to keep up with your new shares.
Add MYND to a watchlist to get alerted to the latest events about your MYND stock.
MYND Feed
How to Buy Stock in Myndai
To summarize, here are the 6 steps to buy stock in Myndai:
- Decide where to buy Myndai stock
- Sign up for your brokerage account
- Put funds into your investment account
- Research Myndai stock
- Place your MYND buy order
- Keep an eye on your MYND investment
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Myndai, click below.
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