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 $0.79, up 1.79% from the previous day, and has decreased 35.97% in one year. It has underperformed other stocks in the Telecom Services industry by 0.17 percentage points. Kore Group Holdings stock is currently +148.13% from its 52-week low of $0.32, and -54.89% from its 52-week high of $1.76.
As of Apr 23, 2024, there are 83.2M KORE shares outstanding. The market value of KORE is $66.06M. In the last 24 hours, 13,965 KORE shares were traded.
How to Buy Kore Group Holdings Stock
Wondering how to invest in Kore Group Holdings stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your information.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Create 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 info to open your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
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.
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 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 1.79x, relative to Telecom Services industry P/B ratio of 1.58x
You can access additional valuation research on KORE's stock here.
A look at KORE Cashflows and Balance Sheet
Positive Health Checks:
- KORE has $27.44M in cash and short term investments. This is sufficient to cover its annual cash burn of $26.65M.
- There are more short-term assets than short-term liabilities on the KORE balance sheet.
- KORE has cash burn of 26649000. It has sufficient cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- KORE has a relatively high debt to equity ratio of 14.88.
- There are more long-term liabilities than short-term assets on the KORE balance sheet.
- KORE profit margin has gone down from -39.6% to -60.4% in the past year.
Is it a good time to buy Kore Group Holdings stock, according to Wall Street analysts?
Out of 2 Equities analysts who give recommendations on KORE, the consensus analyst rating on KORE is a 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
How are KORE Revenues/Earnings doing?
Last year, KORE revenue was $276.61M. In the past 4 year, KORE's revenue has grown by 13.08% 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.
Click below to see what other investors have to say.
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:
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:
- Choose where to buy Kore Group Holdings stock
- Open a brokerage account
- Fund your brokerage account
- Research Kore Group Holdings stock
- Place your KORE buy order
- Get the latest scoop on your investment in KORE
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Kore Group Holdings, click below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.