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How to Buy Safety Shot Stock

Safety Shot Inc

Jupiter Wellness, Inc. , a wellness company, engages in the research and development of over-the-counter products and intellectual property.

Safety Shot stock last closed at $1.66, up 0.61% from the previous day, and has increased 253.19% in one year. It has overperformed other stocks in the Beverages - Non-Alcoholic industry by 2.27 percentage points. Safety Shot stock is currently +444.26% from its 52-week low of $0.31, and -77.87% from its 52-week high of $7.50.

At the moment, there are 49.22M SHOT shares outstanding. The market capitalization of SHOT is $81.71M. In the last 24 hours, 394,207 SHOT shares were traded.

How to Buy Safety Shot Stock

Not sure how to invest in Safety Shot stock? Here's how.
  1. Figure out where to buy Safety Shot 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 decide where to buy Safety Shot stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your payment method and add your details.
  4. Evaluate Safety Shot stock: The Safety Shot ticker symbol is SHOT. Is Safety Shot stock a good investment? Should you buy shares of SHOT? How do SHOT's underlying business fundamentals look? Do top analysts think Safety Shot is a good buy? Why has SHOT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if SHOT is a good stock to buy).
  5. Place your SHOT buy order: Decide if you will purchase SHOT shares at the current market price or use a limit order to buy SHOT shares at a particular price.
  6. Keep tabs on your SHOT position: Create a watchlist to track your position in Safety Shot stock.

Step 1: Figure out where to buy Safety Shot stock

You will need a brokerage account to access the NASDAQ market and buy SHOT shares.

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

Our preferred brokerage: eToro

We believe that eToro is the best online stock brokerage. eToro gives you:

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Step 2: Sign up for a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in SHOT today.

How to Create a New Investment Account on eToro

  1. Click here to get started.
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  2. Provide your personal data to start your new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
  2. Get started with eToro today
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Step 3: Fund your brokerage account

Now that you've opened your account on a investment app, you can securely and quickly fund your account:

Watch the walkthrough below for more details transferring money into your new brokerage account.

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

Step 4: Evaluate Safety Shot stock

After you have selected the best place to buy Safety Shot stock, it's crucial to analyze their stock before you invest, so you actually wrap your head around the risk and upside.

Safety Shot stock at a glance

SHOT Price
$1.66
1w %
-17.82%
1y %
253.19%
5y %
N/A
P/E
-3.39x
P/B
9.27x
P/S
237.14x
PEG
N/A
Revenue
$202.67k
Earnings
-$15.08M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$81.71M
Next Earnings
N/A
Next Dividend
N/A

Safety Shot Overview

WallStreetZen was created to help everyday investors do better fundamental analysis quickly.

You can view all of the due diligence checks on SHOT's stock page.

How is SHOT stock valued?

You can use many financial metrics, analyses, models, and charts to gauge SHOT's true value.

Using relative valuations methods:

  • SHOT may be overvalued based on its P/B ratio of 9.27x, relative to Beverages - Non-Alcoholic industry P/B ratio of 7.05x

You can access additional valuation research on SHOT's stock here.

A quick look at SHOT Financials

Passed Financial Due Diligence Checks:

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

Failed Financial Due Diligence Checks:

  • SHOT has a relatively high debt to equity ratio of 0.44.
  • SHOT has cash burn of 10676214. It does not have enough cash and short-term investments to cover this.
  • Total SHOT debt is higher than 5 years ago, relative to shareholder equity.
  • SHOT has $5.33M in cash and short term investments. This is not enough to cover its annual cash burn of $10.68M.
  • SHOT profit margin has gone up by 51.78 percentage points in the past year, but the company is still unprofitable.

SHOT Technical Indicators

SMA10
1.86
SMA20
2.04
SMA50
2.24
SMA100
2.79
SMA200
2.12
MACD
-0.19
MACD Signal
-0.14
MACD Histogram
-0.05
RSI
35.29
Stochastic %K
20.88
Stochastic %D
17.82
StochRSI %K
17.55
StochRSI %D
11.05

SHOT Performance Numbers

Last year, SHOT revenue was $202.67k. In the last four year, SHOT's revenue has increased by 136.71% per year. This was faster than the Beverages - Non-Alcoholic industry average of 9.54%.

Dig into SHOT's earnings and revenue performance here.

Who is buying/selling SHOT?

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

John Gulyas, Director of SHOT, was the latest SHOT insider to buy. They bought $10,500.00 worth of SHOT stock on Dec 29, 2023.

Dig into more about who owns SHOT shares here.

Can I rely on SHOT as an income stream?

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

What do other traders have to say about SHOT?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Place your SHOT buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order is an order 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 specific dollar amount, use a limit order.

Press the Open Trade button and your broker will execute your order.

If you require additional help buying stocks on eToro, watch the how to video below:

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Step 6: Keep tabs on your SHOT position

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

Add SHOT to a watchlist to monitor your SHOT stock.

SHOT Feed

How to Buy Stock in Safety Shot

To summarize, here are the 6 steps to buy Safety Shot stock:

  1. Figure out where to buy Safety Shot stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Safety Shot stock
  5. Place your SHOT buy order
  6. Keep tabs on your SHOT position

If you require a place to buy stocks, eToro is our favorite 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 news on your new investment in Safety Shot, add SHOT to your watchlist below.

NASDAQ: SHOT
$1.66+0.01 (+0.61%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: SHOT
$1.66+0.01 (+0.61%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Safety Shot share?

As of Apr 25, 2024, it costs $1.66 to buy one share of Safety Shot stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.83, you can buy 0.5 shares of SHOT.

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 Safety Shot stock?

One way to place an order for Safety Shot 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.