How to Buy Grindrod Shipping Holdings Stock
Grindrod Shipping Holdings Ltd
Grindrod Shipping Holdings Ltd. , an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide.
Grindrod Shipping Holdings stock last closed at $13.60, down 1.66% from the previous day, and has increased 17.65% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.14 percentage points. Grindrod Shipping Holdings stock is currently +100% from its 52-week low of $6.80, and -8.72% from its 52-week high of $14.90.
There are currently 19.69M shares of GRIN outstanding. The market capitalization of GRIN is $267.72M. In the past 24 hours, 8772 GRIN shares were traded.
How to Buy Grindrod Shipping Holdings Stock
Not sure how to invest in Grindrod Shipping Holdings stock? Here's how.
- Figure out where to buy Grindrod Shipping Holdings stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Grindrod Shipping Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your information.
- Analyze Grindrod Shipping Holdings stock: The Grindrod Shipping Holdings ticker symbol is GRIN. Is Grindrod Shipping Holdings stock a good investment? Should you buy shares of GRIN? How do GRIN's underlying business fundamentals look? Do top analysts think Grindrod Shipping Holdings is a good buy? Why has GRIN's stock price moved recently? (Hint: Our stock market research tools can help you understand if GRIN is a good stock to buy).
- Make your GRIN trade: Decide if you will purchase GRIN shares at the current market price or use a limit order to buy GRIN shares at a particular price.
- Keep tabs on your investment in GRIN: Create a watchlist to the latest updates on your new investment in Grindrod Shipping Holdings shares.
Step 1: Figure out where to buy Grindrod Shipping Holdings stock
You will need a brokerage account to access the NASDAQ market and buy GRIN shares.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% 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 world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the globe'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 unique crypto portfolios of other 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 signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to invest in GRIN stock today.
How to Open a New 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 create a new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the best stock app, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing money into your investment account.
Step 4: Analyze Grindrod Shipping Holdings stock
After you have decided on the best place to buy Grindrod Shipping Holdings stock, it's important to research their stock prior to investing, so you can comprehend the risk and upside.
Grindrod Shipping Holdings stock at a glance
Fundamentals of Grindrod Shipping Holdings
WallStreetZen was built to help part-time investors do more accurate fundamental analysis.
You can view all of the due diligence checks on GRIN's stock page.
What is the fair value of GRIN stock?
You can use many financial metrics, analyses, models, and charts to gauge GRIN's intrinsic value.
Using relative valuations measures:
- GRIN may be overvalued based on its P/B ratio of 1.09x, relative to Marine Shipping industry P/B ratio of 0.97x
You can do more valuation analysis on GRIN's stock here.
A quick look at GRIN Financials
Passed Financial Due Diligence Checks:
- GRIN's operating cash flow of $155.12M allows it to safely service it's debt of $176.02M.
- There are more short-term assets than short-term liabilities on the GRIN balance sheet.
Failed Financial Due Diligence Checks:
- Total GRIN debt is higher than 5 years ago, relative to shareholder equity.
- GRIN profit margin has gone down from 22.4% to -2.5% in the past year.
- GRIN has a relatively high debt to equity ratio of 0.87.
- There are more long-term liabilities than short-term assets on the GRIN balance sheet.
- GRIN earnings of $8.16M is not sufficient to cover its interest payments.
GRIN Technicals
How is GRIN performing as a company?
Last year, GRIN revenue was $387.10M. Over the past 5 year, GRIN's revenue has gone up by 3.94% per year. This was slower than the Marine Shipping industry average of 15.56%.
You can analyze GRIN's earnings and revenue performance here.
Are GRIN insiders buying or selling the stock?
In the last year, insiders at GRIN have not bought or sold any shares.
Dig into more about who owns GRIN stock here.
Does GRIN provide a stable income stream?
No, Grindrod Shipping Holdings doesn't provide an income stream by paying out dividends.
What do other investors have to say about GRIN?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your GRIN trade
There are two main options:
- 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 the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Hit the Open button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in GRIN
Now that you own some GRIN shares, you'll want to stay up-to-date on your investment.
Add GRIN to a watchlist to track the most important metrics related to your GRIN stock.
GRIN Feed
How to Buy Stock in Grindrod Shipping Holdings
To reiterate, here are the 6 steps for buying Grindrod Shipping Holdings stock:
- Figure out where to buy Grindrod Shipping Holdings stock
- Open your brokerage account
- Put funds into your investment account
- Analyze Grindrod Shipping Holdings stock
- Make your GRIN trade
- Keep tabs on your investment in GRIN
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Grindrod Shipping Holdings, add GRIN to your watchlist below.
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