How to Buy Griid Infrastructure Stock
Griid Infrastructure Inc
Griid Infrastructure Inc. , a bitcoin mining company, develops low-cost and low-carbon energy mix to manage and operate vertically integrated bitcoin mining facilities in Ohio.
Griid Infrastructure stock last closed at $1.08, down 1.82% from the previous day, and has decreased 89.51% in one year. It has underperformed other stocks in the Shell Companies industry by 0.94 percentage points. Griid Infrastructure stock is currently +27.06% from its 52-week low of $0.85, and -91.28% from its 52-week high of $12.39.
As of Apr 26, 2024, there are 69.88M shares of GRDI outstanding. The market cap of GRDI is $75.47M. In the past 24 hours, 19,214 GRDI shares were traded.
How to Buy Griid Infrastructure Stock
Wondering how to invest in Griid Infrastructure stock? Here's how.
- Decide where to buy Griid Infrastructure stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Griid Infrastructure stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your information.
- Research Griid Infrastructure stock: The Griid Infrastructure ticker symbol is GRDI. Is Griid Infrastructure stock a good investment? Should you buy shares of GRDI? How do GRDI's underlying business fundamentals look? Do top analysts think Griid Infrastructure is a good buy? Why has GRDI's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if GRDI is a good stock to buy).
- Execute your GRDI purchase: Decide if you will purchase GRDI shares at the current market price or use a limit order to purchase GRDI shares at a given price.
- Watch your GRDI position: Create a watchlist to keep track of your new investment in Griid Infrastructure stock.
Step 1: Decide where to buy Griid Infrastructure stock
You will need a brokerage account in order to access the NASDAQ market and buy GRDI shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- You can 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 purchase the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- 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: Create your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you can buy GRDI today.
How to Set Up a New Investment 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 data to start a new brokerage account.
- Submit your info by pressing 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 one of the best stock market apps, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing money into your new investment account.
Step 4: Research Griid Infrastructure stock
After you have identified the best place to buy Griid Infrastructure stock, it's very important to research their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Overview of key GRDI info
Griid Infrastructure Overview
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on GRDI's stock page.
Is GRDI stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge GRDI's intrinsic value.
You can do additional valuation research on GRDI's stock here.
GRDI Financial Health Overview
Negative Health Checks:
- There are more short-term liabilities than short-term assets on the GRDI balance sheet.
- GRDI has cash burn of 19436000. It does not have sufficient cash and short-term investments to cover this.
- GRDI debt to equity ratio of -1.71 is negative.
- GRDI has $3.32M in cash and short term investments. This is not enough to cover its annual cash burn of $19.44M.
- Total GRDI debt is still negative.
- There are more long-term liabilities than short-term assets on the GRDI balance sheet.
- GRDI profit margin has gone up by 1.8 percentage points in the past year, but the company is still unprofitable.
Metrics for Advanced GRDI Traders
GRDI Revenue
Last year, GRDI revenue was $19.62M. Over the last two year, GRDI's revenue has gone up by -20.21% per year. This was slower than the Shell Companies industry average of -0.1%.
Dive into GRDI's earnings and revenue performance here.
Are GRDI insiders buying or selling the stock?
In the last 12 months, insiders at GRDI have sold more shares than they have bought.
Michael W. Hamilton, Chief Research Officer of GRDI, was the latest GRDI insider to sell. They sold $18,000.00 worth of GRDI stock on Mar 8, 2024.
Research more about who owns GRDI stock here.
Does GRDI provide a stable income stream?
No, Griid Infrastructure doesn't provide an income stream by paying out dividends.
GRDI Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your GRDI purchase
There are two primary types of orders:
- 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 security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Hit the Open button and eToro will execute the order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Watch your GRDI position
Now that you own some shares in GRDI, you'll want to stay up-to-date on your investment.
Create a watchlist to see the latest developments about your GRDI stock.
GRDI Feed
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How to Buy Stock in Griid Infrastructure
To reiterate, here are the 6 steps for buying Griid Infrastructure stock:
- Decide where to buy Griid Infrastructure stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Griid Infrastructure stock
- Execute your GRDI purchase
- Watch your GRDI position
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Griid Infrastructure, get started below.
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