WallStreetZenWallStreetZen

How to Buy Grindr Stock

Grindr Inc

Tiga Acquisition Corp. , a blank check company, incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, and business combination.

Grindr stock last closed at $12.66, up 0.24% from the previous day, and has increased 115.31% in one year. It has overperformed other stocks in the Software - Application industry by 0.91 percentage points. Grindr stock is currently +121.72% from its 52-week low of $5.71, and -4.45% from its 52-week high of $13.25.

There are currently 175.99M shares of GRND outstanding. The market value of GRND is $2.23B. In the past 24 hours, 305,411 GRND shares were traded.

How to Buy Grindr Stock

Not sure how to invest in Grindr stock? Here's how.
  1. Figure out where to buy Grindr stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Grindr stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your details.
  4. Analyze Grindr stock: The Grindr ticker symbol is GRND. Is Grindr stock a good investment? Should you buy shares of GRND? How do GRND's underlying business fundamentals look? Do top analysts think Grindr is a good buy? Why has GRND's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if GRND is a good stock to buy).
  5. Execute your GRND trade: Decide if you will purchase GRND shares at the current market price or use a limit order to buy GRND shares at a particular price.
  6. Get notifications regarding your investment in GRND: Create a watchlist to key updates about your investment in Grindr shares.

Step 1: Figure out where to buy Grindr stock

You will need a brokerage account to access the NYSE market and buy GRND shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the globe's top 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 assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you are able to buy GRND today.

How to Create a New Investment Account on eToro

  1. 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.
  2. Input your personal info to create your new brokerage account.
  1. Submit your data by clicking the "Create Account" button.
  2. 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.

Step 3: Deposit money your investment account

Now that you've filled out your info on the best stock broker app, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help transferring funds into your brokerage account.

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.

Step 4: Analyze Grindr stock

Once you have decided on the best place to buy Grindr stock, it's very important to evaluate their stock prior to buying, so you can understand the risk and upside.

Grindr stock data

GRND Price
$12.66
1w %
8.02%
1y %
115.31%
5y %
N/A
P/E
-28.77x
P/B
-53.37x
P/S
7.41x
PEG
N/A
Revenue
$300.03M
Earnings
-$77.03M
Fore. Rev. Growth
11.72%
Fore. Earn. Growth
N/A
Market Cap
$2.23B
Next Earnings
N/A
Next Dividend
N/A

GRND Zen Score

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

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

Is GRND stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge GRND's fair value.

You can access more valuation research on GRND's stock here.

How do GRND Financials look?

Pros:

  • There are more short-term assets than short-term liabilities on the GRND balance sheet.

Cons:

  • GRND's operating cash flow of $57.66M allows it to safely service it's debt of $299.20M.
  • GRND profit margin has gone down from -4.5% to -25.7% in the past year.
  • GRND debt to equity ratio of -11.42 is negative.
  • GRND earnings of -$30.66M is not enough to cover its interest payments.
  • Total GRND debt is still negative.
  • There are more long-term liabilities than short-term assets on the GRND balance sheet.

Is it a good time to buy GRND stock, according to Wall Street analysts?

Out of 3 sell side analysts who give recommendations on GRND, the consensus analyst rating on GRND is a Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Grindr stock forecast page.

GRND Technical Indicators

SMA10
12.18
SMA20
12.18
SMA50
11.93
SMA100
11.32
SMA200
10.33
MACD
0.17
MACD Signal
0.09
MACD Histogram
0.07
RSI
61.16
Stochastic %K
67.62
Stochastic %D
69.82
StochRSI %K
75.83
StochRSI %D
76.35

GRND Revenue

Last year, GRND revenue was $300.03M. Over the last three year, GRND's revenue has gone up by 128.67% per year. This was faster than the Software - Application industry average of 28.18%.

Learn more about GRND's earnings and revenue performance here.

What are GRND insiders up to?

Over the last year, insiders at GRND have sold more shares than they have bought.

Kye Chen, Chief Accounting Officer of GRND, was the latest GRND insider to sell. They sold $58,624.84 worth of GRND shares on Oct 7, 2024.

Get more info about who owns GRND stock here.

Can I get consistent income from GRND stock?

No, Grindr doesn't provide an income stream by paying out dividends.

What others are saying about GRND

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

Click below to find out what other community members have to say.

Step 5: Execute your GRND trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually 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 be sure you're buying or selling at a given dollar amount, place a limit order.

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

If you want additional info about buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get notifications regarding your investment in GRND

Now that you own some shares in GRND, you'll want to stay up-to-date on your new investment.

Add GRND to a watchlist to track your GRND stock.

GRND Feed

How to Buy Stock in Grindr

To reiterate, here are the 6 steps you need to take to buy Grindr stock right now:

  1. Figure out where to buy Grindr stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Analyze Grindr stock
  5. Execute your GRND trade
  6. Get notifications regarding your investment in GRND

If you require a online brokerage, eToro is our recommended venue.

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.

If you would like to get the latest news on your investment in Grindr, hit the button below to create your watchlist.

NYSE: GRND
$12.66+0.03 (+0.24%)
Updated Oct 11, 2024
Open eToro Account
NYSE: GRND
$12.66+0.03 (+0.24%)
Updated Oct 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Grindr share?

As of Oct 11, 2024, it costs $12.66 to buy one share of Grindr stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.474 shares of GRND.

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.

Is now a good time to buy Grindr stock?

According to 3 Wall Street analysts who monitor Grindr, their consensus recommendation is to buy Grindr stock.

What is the best way to buy Grindr stock?

One way to place an order for Grindr 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.