How to Buy Hesai Group Stock
Hesai Group
Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR).
Hesai Group stock last closed at $20.07, down 3.23% from the previous day, and has increased 315.53% in one year. It has overperformed other stocks in the Auto Parts industry by 3.21 percentage points. Hesai Group stock is currently +470.17% from its 52-week low of $3.52, and -17% from its 52-week high of $24.18.
There are currently 131.46M shares of HSAI outstanding. The market value of HSAI is $2.64B. In the past 24 hours, 1.74M HSAI shares were traded.
How to Buy Hesai Group Stock
Wondering how to invest in Hesai Group stock? Here's how.
- Decide where to buy Hesai Group stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Hesai Group stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your information.
- Evaluate Hesai Group stock: The Hesai Group ticker symbol is HSAI. Is Hesai Group stock a good investment? Should you buy shares of HSAI? How do HSAI's underlying business fundamentals look? Do top analysts think Hesai Group is a good buy? Why has HSAI's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if HSAI is a good stock to buy).
- Execute your HSAI buy order: Decide if you will purchase HSAI shares at the current market price or use a limit order to purchase HSAI stock at a given price.
- Get the latest scoop on your HSAI position: Create a watchlist to key updates about your new investment in Hesai Group stock.
Step 1: Decide where to buy Hesai Group stock
You need a brokerage account to access the NASDAQ market and buy HSAI shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can invest in HSAI today.
How to Open a New Investment 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 data to create your new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you have created your account on the best stock app for beginners, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing funds into your investment account.
Step 4: Evaluate Hesai Group stock
After you have chosen the best place to buy Hesai Group stock, it's crucial to analyze their stock prior to buying, so you truly understand the risk and opportunity.
Hesai Group stock quick numbers
Hesai Group Fundamentals
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on HSAI's stock page.
Is HSAI stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge HSAI's fair value.
Using relative valuations metrics:
- HSAI may be overvalued based on its P/B ratio of 4.44x, relative to Auto Parts industry P/B ratio of 1.56x
You can do additional valuation analysis on HSAI's stock here.
A look at HSAI Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- HSAI has a low debt to equity ratio of 0.36.
- There are more short-term assets than long-term liabilities on the HSAI balance sheet.
- HSAI profit margin has gone up from -25.7% to -0.6% in the past year.
- There are more short-term assets than short-term liabilities on the HSAI balance sheet.
Do Wall Street analysts think it's a good time to buy HSAI stock
Out of 1 sell side analysts who track HSAI, the consensus analyst rating on Hesai Group is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Hesai Group stock forecast page.
HSAI Technical Indicators
How are HSAI Revenues/Earnings doing?
Last year, HSAI revenue was $311.57M. In the past 2 year, HSAI's revenue has gone up by 23.84% per year. This was faster than the Auto Parts industry average of 5.65%.
Dive into HSAI's earnings and revenue performance here.
Are HSAI executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at HSAI have not bought or sold any shares.
Learn more about who owns HSAI stock here.
Does HSAI provide a stable income stream?
No, Hesai Group doesn't provide an income stream by paying out dividends.
HSAI Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your HSAI buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and your broker will execute the order.
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Step 6: Get the latest scoop on your HSAI position
Now that you own some HSAI stock, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get notified of important updates regarding your HSAI stock.
HSAI Feed
How to Buy Stock in Hesai Group
To reiterate, here are the 6 steps you need to take to buy Hesai Group stock right now:
- Decide where to buy Hesai Group stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Hesai Group stock
- Execute your HSAI buy order
- Get the latest scoop on your HSAI position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Hesai Group, click below.
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