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 $5.75, up 0.88% from the previous day, and has decreased 44.55% in one year. It has underperformed other stocks in the Software - Application industry by 0.57 percentage points. Grindr stock is currently +28.06% from its 52-week low of $4.49, and -91.96% from its 52-week high of $71.51.
There are currently 174.07M shares of GRND outstanding. The market value of GRND is $1.00B. In the past 24 hours, 290,974 GRND shares were traded.
How to Buy Grindr Stock
Not sure how to invest in Grindr stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your payment method and add your details.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
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Open eToro AccountStep 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
- Click here to get started.
- Input your personal info to create your new brokerage account.
- Submit your data by clicking the "Create Account" button.
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.
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 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.
Using relative valuations metrics:
- GRND may be overvalued based on its P/B ratio of 48.13x, relative to Software - Application industry P/B ratio of 5.62x
You can do more valuation research on GRND's stock here.
GRND Financial Summary
Cons:
- GRND profit margin has gone down from 5% to -4.5% in the past year.
- There are more long-term liabilities than short-term assets on the GRND balance sheet.
- GRND earnings of $39.34M is not enough to cover its interest payments.
- GRND has a relatively high debt to equity ratio of 20.38.
- GRND's operating cash flow of $37.59M allows it to safely service it's debt of $345.91M.
- There are more short-term liabilities than short-term assets on the GRND balance sheet.
GRND Performance Numbers
Last year, GRND revenue was $222.28M. Over the last two year, GRND's revenue has increased by 52.28% per year. This was faster than the Software - Application industry average of 32.74%.
Dig into GRND's earnings and revenue performance here.
Are GRND executives and large shareholders buying or selling the stock?
Over the past year, insiders at GRND have bought more shares than they have sold.
George Raymond Zage Iii, Director of GRND, was the latest GRND insider to sell. They sold $417,992.40 worth of GRND stock on Sep 15, 2023.
Get more info about who owns GRND stock here.
Can I rely on GRND as an income stream?
No, Grindr doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your GRND trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in GRND
Now that you own some GRND stock, you'll want to keep up with your shares.
Make a watchlist to get notified of the latest news about your GRND stock.
GRND Feed
How to Buy Stock in Grindr
To reiterate, here are the 6 steps to buy stock in Grindr:
- Figure out where to buy Grindr stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Grindr stock
- Execute your GRND trade
- Get notifications regarding your investment in GRND
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Grindr, hit the button below to create your watchlist.
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