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 $2.15, up 0% from the previous day, and has decreased 34.05% in one year. It has underperformed other stocks in the Specialty Retail industry by 0.46 percentage points. Growgeneration stock is currently +21.47% from its 52-week low of $1.77, and -36.39% from its 52-week high of $3.38.
At the moment, there are 59.17M shares of GRWG outstanding. The market cap of GRWG is $127.22M. In the last 24 hours, 310,297 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.
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- 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 0.82x, relative to Specialty Retail industry P/B ratio of 9.78x
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 $56.82M in cash and short term investments. This is enough to cover its annual cash burn of $12.81M.
- GRWG has cash burn of 12809000. 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.
Negative Financial Indicators:
- Total GRWG debt is higher than 5 years ago, relative to shareholder equity.
- GRWG has a relatively high debt to equity ratio of 0.41.
- GRWG profit margin has gone down from -13.8% to -23.9% in the past year.
Do Wall Street analysts think it's a good time to buy Growgeneration stock
Out of 4 sell side analysts who give forecasts on GRWG, the consensus analyst rating on GRWG is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Growgeneration stock forecast page.
GRWG Trading Indicators
Is GRWG Making Money?
Last year, GRWG revenue was $206.55M. Over the last five year, GRWG's revenue has grown by 32.78% per year. This was faster than the Specialty Retail industry average of 8.89%.
Learn more about GRWG's earnings and revenue performance here.
Are GRWG executives and large shareholders buying or selling the stock?
Over the last year, insiders at GRWG have bought more shares than they have sold.
Eula L. Adams, Director of GRWG, was the latest GRWG insider to buy. They bought $50,500.00 worth of GRWG stock on Aug 27, 2024.
Research more about who owns GRWG shares here.
Can I get consistent income from GRWG stock?
No, Growgeneration doesn't provide an income stream by paying out dividends.
GRWG Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your GRWG purchase
There are two primary 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 usually the easiest way to buy. - 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 particular price, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in GRWG
Now that you own some GRWG stock, you'll want to keep up with your investment.
Add GRWG to a watchlist to get the latest updates about your GRWG stock.
GRWG Feed
How to Buy Stock in Growgeneration
To summarize, here are the 6 steps to buy Growgeneration stock:
- 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 require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Growgeneration, create a watchlist on WallStreetZen today.
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