How to Buy Innovate Stock
Innovate Corp
Innovate is a engineering & construction company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker VATE on the NYSE exchange.
Innovate stock last closed at $0.60, up 1% from the previous day, and has decreased 79.53% in one year. It has underperformed other stocks in the Engineering & Construction industry by 1.28 percentage points. Innovate stock is currently +6.15% from its 52-week low of $0.57, and -79.93% from its 52-week high of $3.01.
As of Apr 18, 2024, there are 79.23M VATE shares outstanding. The market cap of VATE is $47.86M. In the last 24 hours, 146,142 VATE shares were traded.
How to Buy Innovate Stock
Wondering how to invest in Innovate stock? Here's how.
- Decide where to buy Innovate stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Innovate stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Research Innovate stock: The Innovate ticker symbol is VATE. Is Innovate stock a good investment? Should you buy shares of VATE? How do VATE's underlying business fundamentals look? Do top analysts think Innovate is a good buy? Why has VATE's stock price moved recently? (Hint: Our stock research tools can help you figure out if VATE is a good stock to buy).
- Place your VATE purchase: Decide if you will purchase VATE shares at the current market price or use a limit order to purchase VATE stock at a specific price.
- Keep tabs on your VATE position: Create a watchlist to watch your new investment in Innovate shares.
Step 1: Decide where to buy Innovate stock
You need a brokerage account in order to access the NYSE market and buy VATE stock.
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy VATE stock 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.
- Provide your personal details to start your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on a investment app, you need to deposit funds:
Watch the video below if you need help transferring money into your new brokerage account.
Step 4: Research Innovate stock
After you have decided on the best place to buy Innovate stock, it's critical to analyze their stock before you buy, so you truly comprehend the risk and opportunity.
Innovate Numbers
Innovate Zen Score
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on VATE's stock page.
How is VATE stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge VATE's fair value.
You can do more valuation research on VATE's stock here.
Is VATE a healthy company?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the VATE balance sheet.
Failed Health Checks:
- VATE profit margin has gone down from -2.5% to -2.6% in the past year.
- VATE debt to equity ratio of -7.13 is negative.
- VATE's operating cash flow of $26.50M allows it to safely service it's debt of $709.80M.
- VATE earnings of $37.50M is not enough to cover its interest payments.
- Total VATE debt is still negative.
- There are more long-term liabilities than short-term assets on the VATE balance sheet.
VATE Technical Indicators
VATE Growth Numbers
Last year, VATE revenue was $1.42B. In the last 5 year, VATE's revenue has increased by -6.36% per year. This was slower than the Engineering & Construction industry average of 10.55%.
You can analyze VATE's earnings and revenue performance here.
What are VATE insiders up to?
In the last 12 months, insiders at VATE have sold more shares than they have bought.
Michael J. Sena, CFO and Corporate Secretary of VATE, was the latest VATE insider to sell. They sold $13,354.96 worth of VATE shares on Mar 15, 2024.
Dig into more about who owns VATE stock here.
Can I get consistent income from VATE stock?
No, Innovate doesn't provide an income stream by paying out dividends.
VATE Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your VATE purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly 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 ensure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and eToro will execute your order.
If you require more help buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your VATE position
Now that you own some shares in VATE, you'll want to stay up-to-date on your new company.
Add VATE to a watchlist to get the latest updates about your VATE stock.
VATE Feed
How to Buy Stock in Innovate
To reiterate, here are the 6 steps for buying Innovate stock:
- Decide where to buy Innovate stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Innovate stock
- Place your VATE purchase
- Keep tabs on your VATE position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your investment in Innovate, get started below.
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