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 $4.40, up 5.4% from the previous day, and has decreased 48.6% in one year. It has underperformed other stocks in the Auto Parts industry by 0.43 percentage points. Hesai Group stock is currently +33.99% from its 52-week low of $3.28, and -68.56% from its 52-week high of $13.98.
As of Apr 26, 2024, there are 127.03M HSAI shares outstanding. The market capitalization of HSAI is $558.29M. In the past 24 hours, 541,155 HSAI shares were traded.
How to Buy Hesai Group Stock
Not sure how to invest in Hesai Group stock? Here's how.
- Decide where to buy Hesai Group stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Hesai Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- 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 research tools can help you decide 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 shares at a specific price.
- Get the latest scoop on your HSAI position: Create a watchlist to keep track of your investment in Hesai Group stock.
Step 1: Decide where to buy Hesai Group stock
You need an online brokerage account to access the NASDAQ market and buy HSAI shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy HSAI stock today.
How to Set Up 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.
- Provide your personal info to open your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the best investment app, you need to deposit funds:
Watch the walkthrough below for more details depositing money into your investment account.
Step 4: Evaluate Hesai Group stock
After you have chosen the best place to buy Hesai Group stock, it's absolutely critical to analyze their stock prior to investing, so you can comprehend the risk and opportunity.
Overview of key HSAI info
HSAI Zen Score
WallStreetZen was created to help average investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on HSAI's stock page.
How is HSAI stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HSAI's fair value.
Using relative valuations methods:
- HSAI could be undervalued based on its P/B ratio of 1.05x, relative to Auto Parts industry P/B ratio of 1.78x
You can access more valuation analysis on HSAI's stock here.
How do HSAI Financials look?
Passed Financial Due Diligence Checks:
- HSAI has cash burn of 48338450. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the HSAI balance sheet.
- HSAI has $434.87M in cash and short term investments. This is sufficient to cover its annual cash burn of $48.34M.
- There are more short-term assets than long-term liabilities on the HSAI balance sheet.
Failed Financial Due Diligence Checks:
- HSAI profit margin has gone up by 0.37 percentage points in the past year, but the company is still unprofitable.
- HSAI has a relatively high debt to equity ratio of 0.47.
You can dig deeper into what analysts are saying on the Hesai Group stock forecast page.
Metrics for Advanced HSAI Traders
HSAI Revenue
Last year, HSAI revenue was $259.61M. In the last 4 year, HSAI's revenue has grown by 51.9% per year. This was faster than the Auto Parts industry average of 9.17%.
Dig into HSAI's earnings and revenue performance here.
Who is buying/selling HSAI?
Over the past 12 months, insiders at HSAI have not bought or sold any shares.
Get more info about who owns HSAI shares here.
Does HSAI provide a stable income stream?
No, Hesai Group doesn't provide an income stream by paying out dividends.
What others are saying about HSAI
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your HSAI buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your HSAI position
Now that you own some shares in HSAI, you'll want to keep up with your new investment.
Start a watchlist to keep track of 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 favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Hesai Group, create a watchlist on WallStreetZen today.
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