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How to Buy Greenland Technologies Holding Stock

Greenland Technologies Holding Corp

Greenland Technologies Holding Corporation develops, manufactures, and sells drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles.

Greenland Technologies Holding stock last closed at $1.69, up 0% from the previous day, and has increased 13.42% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.16 percentage points. Greenland Technologies Holding stock is currently +49.56% from its 52-week low of $1.13, and -67.81% from its 52-week high of $5.25.

At the moment, there are 13.59M GTEC shares outstanding. The market value of GTEC is $22.97M. In the last 24 hours, 23,655 GTEC shares were traded.

How to Buy Greenland Technologies Holding Stock

Wondering how to invest in Greenland Technologies Holding stock? Here's how.
  1. Choose where to buy Greenland Technologies Holding stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Greenland Technologies Holding stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your payment method and add your information.
  4. Analyze Greenland Technologies Holding stock: The Greenland Technologies Holding ticker symbol is GTEC. Is Greenland Technologies Holding stock a good investment? Should you buy shares of GTEC? How do GTEC's underlying business fundamentals look? Do top analysts think Greenland Technologies Holding is a good buy? Why has GTEC's stock price moved recently? (Hint: Our stock analysis website can help you understand if GTEC is a good stock to buy).
  5. Place your GTEC trade: Decide if you will purchase GTEC shares at the current market price or use a limit order to purchase GTEC shares at a given price.
  6. Watch your GTEC position: Create a watchlist to watch your new investment in Greenland Technologies Holding shares.

Step 1: Choose where to buy Greenland Technologies Holding stock

You need an online brokerage account in order to access the NASDAQ market and buy GTEC shares.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal info so you are able to invest in GTEC stock today.

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Step 3: Deposit funds into your investment account

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

Watch the tutorial below for more details transferring money into your new brokerage account.

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Step 4: Analyze Greenland Technologies Holding stock

After you have figured out the best place to buy Greenland Technologies Holding stock, it's absolutely critical to analyze their stock before you buy, so you can understand the risk and opportunity.

Greenland Technologies Holding Numbers

GTEC Price
$1.69
1w %
10.46%
1y %
13.42%
5y %
-83.27%
P/E
-1.41x
P/B
0.46x
P/S
0.25x
PEG
N/A
Revenue
$90.33M
Earnings
-$15.88M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$22.97M
Next Earnings
May 17, 2024
Next Dividend
N/A

GTEC Zen Score

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on GTEC's stock page.

Is GTEC stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge GTEC's intrinsic value.

Using relative valuations measures:

  • GTEC may be undervalued based on its P/B ratio of 0.46x, relative to Specialty Industrial Machinery industry P/B ratio of 4.96x

You can do additional valuation analysis on GTEC's stock here.

GTEC Financial Overview

Signs that GTEC is financially healthy:

  • There are more short-term assets than short-term liabilities on the GTEC balance sheet.
  • Total GTEC debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the GTEC balance sheet.

Signs that GTEC is not financially healthy:

  • GTEC has a relatively high debt to equity ratio of 1.59.
  • GTEC's operating cash flow of $2.45M allows it to safely service it's debt of $41.93M.
  • GTEC profit margin has gone down from 0.8% to -17.6% in the past year.
  • GTEC earnings of -$13.92M is not enough to cover its interest payments.

You can dig deeper into what analysts are forecasting on the Greenland Technologies Holding stock forecast page.

GTEC Trading Indicators

SMA10
1.77
SMA20
1.91
SMA50
2.5
SMA100
2.75
SMA200
2.65
MACD
-0.22
MACD Signal
-0.23
MACD Histogram
0.01
RSI
35.06
Stochastic %K
26.09
Stochastic %D
24.27
StochRSI %K
57.22
StochRSI %D
52.18

How is GTEC performing as a company?

Last year, GTEC revenue was $90.33M. During the past 5 year, GTEC's revenue has increased by 8.45% per year. This was faster than the Specialty Industrial Machinery industry average of 3.94%.

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

Are GTEC executives and large shareholders buying or selling the stock?

In the last year, insiders at GTEC have bought more shares than they have sold.

Raymond Z. Wang, Chief Executive Officer of GTEC, was the latest GTEC insider to buy. They bought $99,550.50 worth of GTEC stock on May 22, 2023.

Get more info about who owns GTEC stock here.

Does GTEC stock generate passive income?

No, Greenland Technologies Holding doesn't provide an income stream by paying out dividends.

What do other investors have to say about GTEC?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your GTEC trade

There are two main types of orders:

  • 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 allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Watch your GTEC position

Now that you own some shares in GTEC, you'll want to keep up with your shares.

Start a watchlist to get alerted to the latest events about your GTEC stock.

GTEC Feed

How to Buy Stock in Greenland Technologies Holding

To summarize, here are the 6 steps to buy Greenland Technologies Holding stock:

  1. Choose where to buy Greenland Technologies Holding stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Greenland Technologies Holding stock
  5. Place your GTEC trade
  6. Watch your GTEC position

If you are looking for a online brokerage, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Greenland Technologies Holding, hit the button below to create your watchlist.

NASDAQ: GTEC
$1.69+0.00 (+0%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: GTEC
$1.69+0.00 (+0%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Greenland Technologies Holding share?

As of Apr 24, 2024, it costs $1.69 to buy one share of Greenland Technologies Holding stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.85, you can buy 0.5 shares of GTEC.

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 Greenland Technologies Holding stock?

One way to place an order for Greenland Technologies Holding 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.