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How to Buy Joann Stock

Joann Inc

JOANN Inc. operates as a specialty retailer of sewing and fabrics, and arts and crafts category products in the United States.

Joann stock last closed at $0.10, down 11.82% from the previous day, and has decreased 94.64% in one year. It has underperformed other stocks in the Specialty Retail industry by 1.23 percentage points. Joann stock is currently +18.29% from its 52-week low of $0.08, and -95.57% from its 52-week high of $2.19.

At the moment, there are 41.91M shares of JOAN outstanding. The market cap of JOAN is $4.07M. In the last 24 hours, 4.13M JOAN shares were traded.

How to Buy Joann Stock

Wondering how to invest in Joann stock? Here's how.
  1. Figure out where to buy Joann stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Joann stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  4. Research Joann stock: The Joann ticker symbol is JOAN. Is Joann stock a good investment? Should you buy shares of JOAN? How do JOAN's underlying business fundamentals look? Do top analysts think Joann is a good buy? Why has JOAN's stock price moved recently? (Hint: Our stock market research tools can help you figure out if JOAN is a good stock to buy).
  5. Place your JOAN trade: Decide if you will purchase JOAN shares at the current market price or use a limit order to buy JOAN shares at a given price.
  6. Get key alerts regarding your JOAN position: Create a watchlist to monitor your new investment in Joann stock.

Step 1: Figure out where to buy Joann stock

You will need an online brokerage account to access the NASDAQ market and buy JOAN stock.

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

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Step 2: Sign up for a brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to buy JOAN today.

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  1. Click here to get started.
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  2. Enter your personal data to start your new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have opened your account on the best free stock trading app, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help transferring funds into your new investment account.

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Step 4: Research Joann stock

Once you have selected the best place to buy Joann stock, it's critical to analyze their stock prior to investing, so you actually wrap your head around the risk and opportunity.

Joann Numbers

JOAN Price
$0.10
1w %
-28.15%
1y %
-94.64%
5y %
N/A
P/E
-0.02x
P/B
-0.02x
P/S
0x
PEG
N/A
Revenue
$2.16B
Earnings
-$240.20M
Fore. Rev. Growth
-0.88%
Fore. Earn. Growth
N/A
Market Cap
$4.07M
Next Earnings
N/A
Next Dividend
N/A

Joann Zen Score

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.

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

Is JOAN stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge JOAN's intrinsic value.

You can do more valuation analysis on JOAN's stock here.

JOAN Financial Health Overview

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the JOAN balance sheet.

Negative Health Checks:

  • JOAN profit margin has gone down from -4.2% to -11.1% in the past year.
  • JOAN debt to equity ratio of -13.34 is negative.
  • There are more long-term liabilities than short-term assets on the JOAN balance sheet.
  • Total JOAN debt is still negative.
  • JOAN has cash burn of 105100000. It does not have enough cash and short-term investments to cover this.
  • JOAN has $28.30M in cash and short term investments. This is not sufficient to cover its annual cash burn of $105.10M.

Is JOAN stock a Buy, Hold, or Sell, according to analysts?

Out of 1 sell side analysts who give forecasts on JOAN, the consensus analyst rating on Joann is a Hold

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Joann stock forecast page.

JOAN Technicals

SMA10
0.15
SMA20
0.22
SMA50
0.39
SMA100
0.46
SMA200
0.71
MACD
-0.09
MACD Signal
-0.08
MACD Histogram
-0.01
RSI
24.26
Stochastic %K
5.53
Stochastic %D
7.45
StochRSI %K
9.39
StochRSI %D
26.94

How is JOAN performing as a company?

Last year, JOAN revenue was $2.16B. During the past 2 year, JOAN's revenue has increased by -7.38% per year. This was slower than the Specialty Retail industry average of 11.66%.

You can research JOAN's earnings and revenue performance here.

Who is buying/selling JOAN?

In the last 12 months, insiders at JOAN have bought more shares than they have sold.

Scott Sekella, EVP Chief Financial Officer of JOAN, was the latest JOAN insider to sell. They sold $371.77 worth of JOAN shares on Nov 16, 2023.

Research more about who owns JOAN stock here.

Can I rely on JOAN as an income stream?

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

Get analysis from other traders

One of the biggest 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 JOAN trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open button and your broker will execute your order.

If you want more help with buying stocks on eToro, watch the how to video below:

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Step 6: Get key alerts regarding your JOAN position

Now that you own some JOAN stock, you'll want to stay up-to-date on your company.

Put JOAN on a watchlist to see the latest developments about your JOAN stock.

JOAN Feed

How to Buy Stock in Joann

To reiterate, here are the 6 steps for buying Joann stock:

  1. Figure out where to buy Joann stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Research Joann stock
  5. Place your JOAN trade
  6. Get key alerts regarding your JOAN position

If you are looking for a brokerage, 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 keep track of your investment in Joann, hit the button below to create your watchlist.

NASDAQ: JOAN
$0.10-0.01 (-11.82%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: JOAN
$0.10-0.01 (-11.82%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Joann share?

As of Mar 27, 2024, it costs $0.10 to buy one share of Joann stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.05, you can buy 0.5 shares of JOAN.

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.

Is now a good time to buy Joann stock?

According to 1 Wall Street analysts who monitor Joann, their consensus recommendation is to hold Joann stock.

What is the best way to buy Joann stock?

One way to place an order for Joann 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.