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How to Buy Inno Holdings Stock

Inno Holdings Inc

Inno Holdings Inc. manufactures and sells cold-formed-steel members, castor cubes, mobile factories, and prefabricated homes in the United States.

Inno Holdings stock last closed at $0.58, down 5.4% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Steel industry by N/A percentage points. Inno Holdings stock is currently +5.09% from its 52-week low of $0.55, and -96.99% from its 52-week high of $19.21.

As of May 13, 2024, there are 20.75M shares of INHD outstanding. The market value of INHD is $11.99M. In the past 24 hours, 74,493 INHD shares were traded.

How to Buy Inno Holdings Stock

Wondering how to invest in Inno Holdings stock? Here's how.
  1. Decide where to buy Inno Holdings stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Inno Holdings stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your details.
  4. Analyze Inno Holdings stock: The Inno Holdings ticker symbol is INHD. Is Inno Holdings stock a good investment? Should you buy shares of INHD? How do INHD's underlying business fundamentals look? Do top analysts think Inno Holdings is a good buy? Why has INHD's stock price moved recently? (Hint: Our stock research tools can help you evaluate if INHD is a good stock to buy).
  5. Place your INHD trade: Decide if you will purchase INHD shares at the current market price or use a limit order to buy INHD shares at a particular price.
  6. Keep an eye on your investment in INHD: Create a watchlist to track your new investment in Inno Holdings stock.

Step 1: Decide where to buy Inno Holdings stock

You will need a brokerage account to access the NASDAQ market and buy INHD stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to invest in INHD stock today.

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Step 3: Deposit funds into your investment account

Now that you've filled out your info on investing apps, you need to deposit funds:

Check out this video walkthrough if you need help depositing money into your new investment account.

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Step 4: Analyze Inno Holdings stock

Once you have chosen the best place to buy Inno Holdings stock, it's absolutely critical to research their stock prior to buying, so you actually comprehend the risk and upside.

Overview of key INHD info

INHD Price
$0.58
1w %
-10.11%
1y %
N/A
5y %
N/A
P/E
-2.63x
P/B
2.8x
P/S
16.06x
PEG
N/A
Revenue
$751.95k
Earnings
-$4.36M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$11.99M
Next Earnings
N/A
Next Dividend
N/A

Inno Holdings Fundamentals

WallStreetZen was created to help average investors do better fundamental analysis in less time.

You can see all of the due diligence checks on INHD's stock page.

Is INHD stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge INHD's true value.

Using relative valuations metrics:

  • INHD could be overvalued based on its P/B ratio of 2.8x, relative to Steel industry P/B ratio of 0.96x

You can do more valuation research on INHD's stock here.

INHD Financial Health

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the INHD balance sheet.
  • There are more short-term assets than long-term liabilities on the INHD balance sheet.
  • INHD has $4.05M in cash and short term investments. This is enough to cover its annual cash burn of $3.97M.
  • INHD has cash burn of 3967697. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Health Checks:

  • INHD has a relatively high debt to equity ratio of 0.72.
  • INHD profit margin has gone down from -67.9% to -579.9% in the past year.

INHD Momentum

SMA10
0.65
SMA20
0.62
SMA50
0.72
SMA100
0.97
SMA200
N/A
MACD
-0.03
MACD Signal
-0.03
MACD Histogram
0
RSI
37.99
Stochastic %K
18.07
Stochastic %D
21.26
StochRSI %K
33.8
StochRSI %D
42.87

INHD Growth Numbers

Last year, INHD revenue was $751.95k. In the past one years, INHD's revenue has gone up by -73.37% per year. This was slower than the Steel industry average of 7.04%.

Learn more about INHD's earnings and revenue performance here.

What are INHD executives and large shareholders up to?

In the last 12 months, insiders at INHD have not bought or sold any shares.

Research more about who owns INHD shares here.

Can I get consistent income from INHD stock?

No, Inno Holdings doesn't provide an income stream by paying out dividends.

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Step 5: Place your INHD trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, use a limit order.

Press the Open Trade button and eToro will place the order.

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Step 6: Keep an eye on your investment in INHD

Now that you own some INHD shares, you'll want to stay up-to-date on your new company.

Put INHD on a watchlist to track the latest developments regarding your INHD stock.

INHD Feed

How to Buy Stock in Inno Holdings

To reiterate, here are the 6 steps to buy Inno Holdings stock:

  1. Decide where to buy Inno Holdings stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Inno Holdings stock
  5. Place your INHD trade
  6. Keep an eye on your investment in INHD

If you need a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Inno Holdings, click the button below.

NASDAQ: INHD
$0.58-0.03 (-5.4%)
Updated May 13, 2024
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NASDAQ: INHD
$0.58-0.03 (-5.4%)
Updated May 13, 2024
Open eToro Account

FAQ

How much does it cost to buy one Inno Holdings share?

As of May 13, 2024, it costs $0.58 to buy one share of Inno Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.29, you can buy 0.5 shares of INHD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Inno Holdings stock?

One way to place an order for Inno Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.