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How to Buy Kore Group Holdings Stock

Kore Group Holdings Inc

Kore Group Holdings is a telecom company located in Georgia, United States, which is part of the Communication Services sector, and is traded under the ticker KORE on the NYSE exchange.

Kore Group Holdings stock last closed at $0.65, up 0.15% from the previous day, and has decreased 51.13% in one year. It has underperformed other stocks in the Telecom Services industry by 0.34 percentage points. Kore Group Holdings stock is currently +103.13% from its 52-week low of $0.32, and -59.12% from its 52-week high of $1.59.

As of Jun 11, 2024, there are 83.2M KORE shares outstanding. The market value of KORE is $54.08M. In the last 24 hours, 16,644 KORE shares were traded.

How to Buy Kore Group Holdings Stock

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

Step 1: Choose where to buy Kore Group Holdings stock

You will need an online brokerage account to access the NYSE market and buy KORE shares.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal info so you are able to buy KORE today.

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Step 3: Fund your brokerage account

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

Watch the video below to see the process of transferring money into your new brokerage account.

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Step 4: Research Kore Group Holdings stock

Once you have decided on the best place to buy Kore Group Holdings stock, it's crucial to evaluate their stock before you buy, so you truly comprehend the risk and upside.

Kore Group Holdings Numbers

KORE Price
$0.65
1w %
6.56%
1y %
-51.13%
5y %
N/A
P/E
-0.35x
P/B
2.42x
P/S
0.22x
PEG
N/A
Revenue
$286.61M
Earnings
-$166.14M
Fore. Rev. Growth
8%
Fore. Earn. Growth
N/A
Market Cap
$54.08M
Next Earnings
Aug 7, 2024
Next Dividend
N/A

Kore Group Holdings Due Diligence Checks

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.

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

How is KORE stock valued?

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

Using relative valuations ratios:

  • KORE could be overvalued based on its P/B ratio of 2.42x, relative to Telecom Services industry P/B ratio of 1.6x

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

A look at KORE Cashflows and Balance Sheet

Positive Health Checks:

  • KORE has $23.32M in cash and short term investments. This is sufficient to cover its annual cash burn of $26.50M.
  • There are more short-term assets than short-term liabilities on the KORE balance sheet.

Negative Health Checks:

  • KORE has a relatively high debt to equity ratio of 24.82.
  • KORE has cash burn of 26503000. It does not have sufficient cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the KORE balance sheet.
  • KORE profit margin has gone down from -42.6% to -58% in the past year.

Is it a good time to buy Kore Group Holdings stock, according to Wall Street analysts?

Out of 1 Equities analysts who give recommendations on KORE, the consensus analyst rating on KORE is a Strong Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Kore Group Holdings stock forecast page.

KORE Technical Indicators

SMA10
0.65
SMA20
0.7
SMA50
0.73
SMA100
0.8
SMA200
0.72
MACD
-0.03
MACD Signal
-0.03
MACD Histogram
0
RSI
42.29
Stochastic %K
52.5
Stochastic %D
55.89
StochRSI %K
73.87
StochRSI %D
80.22

How are KORE Revenues/Earnings doing?

Last year, KORE revenue was $286.61M. In the past 3 year, KORE's revenue has grown by 67.55% per year. This was faster than the Telecom Services industry average of 3.37%.

Dive into KORE's earnings and revenue performance here.

Are KORE executives and large shareholders buying or selling the stock?

In the past 12 months, insiders at KORE have sold more shares than they have bought.

Paul Holtz, Exec. Vice Pres. CFO Treas. of KORE, was the latest KORE insider to sell. They sold $6,940.25 worth of KORE stock on Apr 4, 2024.

Research more about who owns KORE shares here.

Can I rely on KORE as an income stream?

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

What do other investors have to say about KORE?

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

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Step 5: Place your KORE buy order

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 fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open button and eToro will execute your order.

If you require additional info about buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your investment in KORE

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

Start a watchlist to track the latest developments regarding your KORE stock.

KORE Feed

How to Buy Stock in Kore Group Holdings

To reiterate, here are the 6 steps you need to take to buy Kore Group Holdings stock right now:

  1. Choose where to buy Kore Group Holdings stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Research Kore Group Holdings stock
  5. Place your KORE buy order
  6. Get the latest scoop on your investment in KORE

If you require 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 want to get the latest scoop on your new investment in Kore Group Holdings, click below.

NYSE: KORE
$0.65+0.00 (+0.15%)
Updated Jun 11, 2024
Open eToro Account
NYSE: KORE
$0.65+0.00 (+0.15%)
Updated Jun 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Kore Group Holdings share?

As of Jun 11, 2024, it costs $0.65 to buy one share of Kore Group Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.33, you can buy 0.5 shares of KORE.

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 Kore Group Holdings stock?

According to 1 Wall Street analysts who monitor Kore Group Holdings, their consensus recommendation is to buy Kore Group Holdings stock.

What is the best way to buy Kore Group Holdings stock?

One way to place an order for Kore Group 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.