How to Buy Knot Offshore Partners Stock
Knot Offshore Partners LP
Knot Offshore Partners is a shipping company located in United Kingdom, which is part of the Industrials sector, and is traded under the ticker KNOP on the NYSE exchange.
Knot Offshore Partners stock last closed at $5.14, down 1.91% from the previous day, and has increased 5.33% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.26 percentage points. Knot Offshore Partners stock is currently +20.09% from its 52-week low of $4.28, and -26.57% from its 52-week high of $7.00.
There are currently 34.05M KNOP shares outstanding. The market cap of KNOP is $174.99M. In the past 24 hours, 49,332 KNOP shares were traded.
How to Buy Knot Offshore Partners Stock
Not sure how to invest in Knot Offshore Partners stock? Here's how.
- Figure out where to buy Knot Offshore Partners stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Knot Offshore Partners stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your details.
- Evaluate Knot Offshore Partners stock: The Knot Offshore Partners ticker symbol is KNOP. Is Knot Offshore Partners stock a good investment? Should you buy shares of KNOP? How do KNOP's underlying business fundamentals look? Do top analysts think Knot Offshore Partners is a good buy? Why has KNOP's stock price moved recently? (Hint: Our stock analysis website can help you decide if KNOP is a good stock to buy).
- Make your KNOP purchase: Decide if you will purchase KNOP shares at the current market price or use a limit order to purchase KNOP stock at a specific price.
- Get the latest scoop on your investment in KNOP: Create a watchlist to important updates regarding your investment in Knot Offshore Partners stock.
Step 1: Figure out where to buy Knot Offshore Partners stock
You need an online brokerage account in order to access the NYSE market and buy KNOP stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you can invest in KNOP today.
How to Set Up a New Brokerage 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.
- Enter your personal data to create your new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on one of the best stock trading apps, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your investment account.
Step 4: Evaluate Knot Offshore Partners stock
Once you have decided on the best place to buy Knot Offshore Partners stock, it's absolutely critical to research their stock prior to investing, so you can understand the risk as well as the upside.
Overview of key KNOP info
KNOP Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on KNOP's stock page.
Is KNOP stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge KNOP's true value.
Using relative valuations metrics:
- KNOP could be undervalued based on its P/B ratio of 0.33x, relative to Marine Shipping industry P/B ratio of 0.97x
You can access additional valuation analysis on KNOP's stock here.
KNOP Financial Health
Negative Health Checks:
- KNOP profit margin has gone down from 19% to -13.9% in the past year.
- KNOP has a relatively high debt to equity ratio of 1.89.
- KNOP's operating cash flow of $131.64M allows it to safely service it's debt of $958.92M.
- Total KNOP debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the KNOP balance sheet.
- There are more long-term liabilities than short-term assets on the KNOP balance sheet.
- KNOP earnings of $33.15M is not sufficient to cover its interest payments.
You can dive deeper into what analysts are forecasting on the Knot Offshore Partners stock forecast page.
KNOP Technicals
Is KNOP Making Money?
Last year, KNOP revenue was $290.72M. During the past 5 year, KNOP's revenue has grown by 0.79% per year. This was slower than the Marine Shipping industry average of 15.56%.
Dive into KNOP's earnings and revenue performance here.
Latest Insiders Trades at KNOP
Over the last 12 months, executives and large shareholders at KNOP have not bought or sold any shares.
Learn more about who owns KNOP shares here.
Does KNOP stock generate passive income?
Knot Offshore Partners pays a dividend of 2.02%, compared to the Marine Shipping industry's average dividend yield of 5.37%. If you owned $1,000 of KNOP stock, you would have received $20.23 last year.
Knot Offshore Partners dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Knot Offshore Partners dividend yield and history here.
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Step 5: Make your KNOP purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you 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 dollar amount limit, use a limit order.
Click the Open Trade button and your broker will place the order.
If you want more help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in KNOP
Now that you own some shares in KNOP, you'll want to stay up-to-date on your company.
Put KNOP on a watchlist to keep tabs on your KNOP stock.
KNOP Feed
How to Buy Stock in Knot Offshore Partners
To summarize, here are the 6 steps to buy Knot Offshore Partners stock:
- Figure out where to buy Knot Offshore Partners stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Knot Offshore Partners stock
- Make your KNOP purchase
- Get the latest scoop on your investment in KNOP
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Knot Offshore Partners, add KNOP to your watchlist below.
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