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 $23.26, up 0.87% from the previous day, and has increased 451.18% in one year. It has overperformed other stocks in the Auto Parts industry by 4.37 percentage points. Hesai Group stock is currently +553.37% from its 52-week low of $3.56, and -16.75% from its 52-week high of $27.94.
There are currently 132.41M shares of HSAI outstanding. The market value of HSAI is $3.08B. In the past 24 hours, 4.38M 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.
- Send your application by hitting the "Create Account" button. Get started with eToro today
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/E ratio of 207.68x, relative to Auto Parts industry P/E ratio of 16.22x
- HSAI may be overvalued based on its P/B ratio of 5.1x, relative to Auto Parts industry P/B ratio of 1.73x
- HSAI could be overvalued based on its PEG ratio of 1.48x
You can access more valuation analysis on HSAI's stock here.
How do HSAI Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the HSAI balance sheet.
- HSAI profit margin has gone up from -25.3% to 4.1% in the past year.
- There are more short-term assets than short-term liabilities on the HSAI balance sheet.
Failed Financial Due Diligence Checks:
- HSAI has a relatively high debt to equity ratio of 0.44.
Is it a good time to buy HSAI stock, according to Wall Street analysts?
Out of 3 sell side analysts who monitor HSAI, the consensus analyst rating on HSAI is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Hesai Group stock forecast page.
HSAI Technical Indicators
How is HSAI performing as a company?
Last year, HSAI revenue was $345.47M. Over the last 2 year, HSAI's revenue has gone up by 24.69% per year. This was faster than the Auto Parts industry average of 13.75%.
Find out more about HSAI's earnings and revenue performance here.
Are HSAI insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at HSAI have not bought or sold any shares.
Research more about who owns HSAI stock here.
Can I get consistent income from HSAI stock?
No, Hesai Group doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your HSAI buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - 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 given price, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need additional help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your HSAI position
Now that you own some shares in HSAI, you'll want to stay up-to-date on your shares.
Create a watchlist to monitor your HSAI stock.
HSAI Feed
How to Buy Stock in Hesai Group
To summarize, 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 favorite venue.
Get Started with eToro TodayIf you would like to track your investment in Hesai Group, click below.
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