How to Buy Hesai Group Stock
Hesai Group
Hesai Group, along with its various subsidiaries, focuses on the creation, production, and marketing of three-dimensional light detection and ranging (LiDAR) technologies.
Hesai Group stock last closed at $14.80, down 1.46% from the previous day, and has decreased 35.93% in one year. It has underperformed other stocks in the Auto Parts industry by 0.68 percentage points. Hesai Group stock is currently +2.78% from its 52-week low of $14.40, and -52.03% from its 52-week high of $30.85.
There are currently 156.21M shares of HSAI outstanding. The market value of HSAI is $2.31B. In the past 24 hours, 1.53M 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.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Technology to Energy, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today. This offer is only for US users.
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 29.78x, relative to Auto Parts industry P/E ratio of 29.39x
- HSAI may be undervalued based on its P/B ratio of 1.76x, relative to Auto Parts industry P/B ratio of 1.99x
- HSAI could be undervalued based on its PEG ratio of 0.18x
You can access more valuation analysis on HSAI's stock here.
How do HSAI Financials look?
Passed Financial Due Diligence Checks:
- HSAI has a low debt to equity ratio of 0.22.
- There are more short-term assets than short-term liabilities on the HSAI balance sheet.
- HSAI profit margin has gone up from -0.6% to 14.8% in the past year.
- There are more short-term assets than long-term liabilities on the HSAI balance sheet.
You can dive deeper into what analysts are forecasting on the Hesai Group stock forecast page.
HSAI Technicals
HSAI Performance Numbers
Last year, HSAI revenue was $468.06M. Over the last 3 year, HSAI's revenue has gone up by 108.84% per year. This was faster than the Auto Parts industry average of 11.33%.
Learn more about HSAI's earnings and revenue performance here.
Who is buying/selling HSAI?
Over the last year, insiders at HSAI have not bought or sold any shares.
Get more info about who owns HSAI shares here.
Can I rely on HSAI as an income stream?
No, Hesai Group doesn't provide an income stream by paying out dividends.
HSAI Social Trading Data
One of the primary 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 main 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 fine. - Limit order: A limit order enables you 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 given price limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your HSAI position
Now that you own some HSAI shares, you'll want to keep up with your new shares.
Make a watchlist to see the latest developments about 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 need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Hesai Group, hit the button below to create your watchlist.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.