How to Buy Greenpower Motor Co Stock
Greenpower Motor Co Inc
GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada.
Greenpower Motor Co stock last closed at $1.89, up 0.53% from the previous day, and has decreased 27.31% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.43 percentage points. Greenpower Motor Co stock is currently +16.67% from its 52-week low of $1.62, and -68.76% from its 52-week high of $6.05.
At the moment, there are 24.98M shares of GP outstanding. The market cap of GP is $47.21M. In the last 24 hours, 14,857 GP shares were traded.
How to Buy Greenpower Motor Co Stock
Wondering how to invest in Greenpower Motor Co stock? Here's how.
- Figure out where to buy Greenpower Motor Co stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Greenpower Motor Co 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: Pick your method of payment and add your information.
- Analyze Greenpower Motor Co stock: The Greenpower Motor Co ticker symbol is GP. Is Greenpower Motor Co stock a good investment? Should you buy shares of GP? How do GP's underlying business fundamentals look? Do top analysts think Greenpower Motor Co is a good buy? Why has GP's stock price moved recently? (Hint: Our stock research website can help you understand if GP is a good stock to buy).
- Execute your GP trade: Decide if you will purchase GP shares at the current market price or use a limit order to purchase GP stock at a given price.
- Get notifications regarding your GP position: Create a watchlist to keep tabs on your investment in Greenpower Motor Co shares.
Step 1: Figure out where to buy Greenpower Motor Co stock
You need an online brokerage account in order to access the NASDAQ market and buy GP stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to buy GP today.
How to Set Up a New Brokerage 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.
- Enter your personal details to open a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on our top ranked stock trading app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Analyze Greenpower Motor Co stock
Once you have decided on the best place to buy Greenpower Motor Co stock, it's very important to research their stock prior to buying, so you can wrap your head around the risk and upside.
Greenpower Motor Co Numbers
GP Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on GP's stock page.
Is GP stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GP's intrinsic value.
Using relative valuations measures:
- GP could be overvalued based on its P/B ratio of 2.61x, relative to Auto Manufacturers industry P/B ratio of 2.11x
You can do more valuation analysis on GP's stock here.
GP Financial Health Summary
Signs that GP is financially healthy:
- There are more short-term assets than long-term liabilities on the GP balance sheet.
- There are more short-term assets than short-term liabilities on the GP balance sheet.
Signs that GP is not financially healthy:
- GP's operating cash flow of $1.74M allows it to safely service it's debt of $15.94M.
- GP profit margin has gone up by 0.32 percentage points in the past year, but the company is still unprofitable.
- GP earnings of -$13.93M is not enough to cover its interest payments.
- GP has a relatively high debt to equity ratio of 1.78.
Do analysts think it's a good time to buy Greenpower Motor Co stock
Out of 1 sell side analysts who track GP, the consensus analyst rating on Greenpower Motor Co is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Greenpower Motor Co stock forecast page.
GP Trading Indicators
GP Revenue
Last year, GP revenue was $49.53M. In the past 4 year, GP's revenue has increased by 34.04% per year. This was slower than the Auto Manufacturers industry average of 35.74%.
You can analyze GP's earnings and revenue performance here.
Are GP executives and large shareholders buying or selling the stock?
In the last year, insiders at GP have not bought or sold any shares.
Dig into more about who owns GP stock here.
Can I get consistent income from GP stock?
No, Greenpower Motor Co doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your GP trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your GP position
Now that you own some GP stock, you'll want to keep up with your new investment.
Create a watchlist to get notified of the latest news about your GP stock.
GP Feed
How to Buy Stock in Greenpower Motor Co
To reiterate, here are the 6 steps to buy Greenpower Motor Co stock:
- Figure out where to buy Greenpower Motor Co stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Greenpower Motor Co stock
- Execute your GP trade
- Get notifications regarding your GP position
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your investment in Greenpower Motor Co, click the button below.
More Stock Buying Guides You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.