How to Buy Growgeneration Stock
Growgeneration Corp
GrowGeneration Corp. , through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States.
Growgeneration stock last closed at $2.20, down 6.38% from the previous day, and has decreased 23.34% in one year. It has underperformed other stocks in the Specialty Retail industry by 0.33 percentage points. Growgeneration stock is currently +24.29% from its 52-week low of $1.77, and -56% from its 52-week high of $5.00.
At the moment, there are 61.5M shares of GRWG outstanding. The market cap of GRWG is $135.31M. In the last 24 hours, 669,571 GRWG shares were traded.
How to Buy Growgeneration Stock
Not sure how to invest in Growgeneration stock? Here's how.
- Figure out where to buy Growgeneration stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Growgeneration stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Analyze Growgeneration stock: The Growgeneration ticker symbol is GRWG. Is Growgeneration stock a good investment? Should you buy shares of GRWG? How do GRWG's underlying business fundamentals look? Do top analysts think Growgeneration is a good buy? Why has GRWG's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if GRWG is a good stock to buy).
- Execute your GRWG purchase: Decide if you will purchase GRWG shares at the current market price or use a limit order to purchase GRWG stock at a specific price.
- Watch your investment in GRWG: Create a watchlist to the latest updates on your investment in Growgeneration stock.
Step 1: Figure out where to buy Growgeneration stock
You need an online brokerage account in order to access the NASDAQ market and buy GRWG stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Healthcare, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other 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: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to buy GRWG today.
How to Start 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.
- Input your personal details to create a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on the greatest app to buy stocks, you can securely and quickly fund your account:
Watch the video below if you need help depositing funds into your new brokerage account.
Step 4: Analyze Growgeneration stock
Once you have chosen the best place to buy Growgeneration stock, it's crucial to analyze their stock before you invest, so you actually understand the risk and upside.
Growgeneration quick stats
GRWG Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on GRWG's stock page.
What is the fair value of GRWG stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge GRWG's fair value.
Using relative valuations ratios:
- GRWG could be undervalued based on its P/B ratio of 0.78x, relative to Specialty Retail industry P/B ratio of 10.81x
You can access more valuation analysis on GRWG's stock here.
Is GRWG a healthy company?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the GRWG balance sheet.
- GRWG has $65.16M in cash and short term investments. This is enough to cover its annual cash burn of $5.28M.
- GRWG has a low debt to equity ratio of 0.38.
- GRWG has cash burn of 5277000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the GRWG balance sheet.
- GRWG profit margin has gone up from -58.9% to -20.6% in the past year.
Negative Financial Indicators:
- Total GRWG debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are saying on the Growgeneration stock forecast page.
GRWG Momentum
How is GRWG performing as a company?
Last year, GRWG revenue was $225.88M. In the last 5 year, GRWG's revenue has gone up by 50.76% per year. This was faster than the Specialty Retail industry average of 11.33%.
You can analyze GRWG's earnings and revenue performance here.
What are GRWG executives and large shareholders up to?
Over the last year, insiders at GRWG have bought more shares than they have sold.
Darren Lampert, CEO of GRWG, was the latest GRWG insider to buy. They bought $49,644.00 worth of GRWG stock on Nov 15, 2023.
Dig into more about who owns GRWG shares here.
Does GRWG provide a stable income stream?
No, Growgeneration doesn't provide an income stream by paying out dividends.
What others are saying about GRWG
One of the major 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 GRWG purchase
There are two primary 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 fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in GRWG
Now that you own some GRWG shares, you'll want to keep up with your new investment.
Create a watchlist to monitor your GRWG stock.
GRWG Feed
How to Buy Stock in Growgeneration
To summarize, here are the 6 steps you need to take to buy Growgeneration stock right now:
- Figure out where to buy Growgeneration stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Growgeneration stock
- Execute your GRWG purchase
- Watch your investment in GRWG
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Growgeneration, add GRWG to your watchlist by clicking the button below.
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