How to Buy Leafly Holdings Stock
Leafly Holdings Inc
Leafly Holdings, Inc. owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers.
Leafly Holdings stock last closed at $2.12, down 0.47% from the previous day, and has decreased 67.94% in one year. It has underperformed other stocks in the Pharmaceutical Retailers industry by 0.12 percentage points. Leafly Holdings stock is currently +8.16% from its 52-week low of $1.96, and -86.75% from its 52-week high of $16.00.
As of Apr 24, 2024, there are 2.3M LFLY shares outstanding. The market value of LFLY is $4.88M. In the last 24 hours, 7739 LFLY shares were traded.
How to Buy Leafly Holdings Stock
Wondering how to invest in Leafly Holdings stock? Here's how.
- Decide where to buy Leafly Holdings stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Leafly Holdings stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your information.
- Evaluate Leafly Holdings stock: The Leafly Holdings ticker symbol is LFLY. Is Leafly Holdings stock a good investment? Should you buy shares of LFLY? How do LFLY's underlying business fundamentals look? Do top analysts think Leafly Holdings is a good buy? Why has LFLY's stock price moved recently? (Hint: Our stock market analysis website can help you understand if LFLY is a good stock to buy).
- Place your LFLY purchase: Decide if you will purchase LFLY shares at the current market price or use a limit order to buy LFLY stock at a particular price.
- Get the latest scoop on your investment in LFLY: Create a watchlist to track your new investment in Leafly Holdings stock.
Step 1: Decide where to buy Leafly Holdings stock
You need an online brokerage account to access the NASDAQ market and buy LFLY stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you are able to buy LFLY stock 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 open your new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on a good stock buying app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details transferring money into your brokerage account.
Step 4: Evaluate Leafly Holdings stock
Once you have figured out the best place to buy Leafly Holdings stock, it's critical to analyze their stock prior to buying, so you can understand the risk and opportunity.
Leafly Holdings Metrics
Leafly Holdings Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LFLY's stock page.
Is LFLY stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LFLY's fair value.
You can do more valuation analysis on LFLY's stock here.
A look at LFLY Cashflows and Balance Sheet
Positive Health Checks:
- LFLY has $15.29M in cash and short term investments. This is enough to cover its annual cash burn of $9.92M.
- LFLY has cash burn of 9920000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the LFLY balance sheet.
Negative Health Checks:
- Total LFLY debt is still negative.
- LFLY profit margin has gone down from 10.7% to -22.5% in the past year.
- There are more long-term liabilities than short-term assets on the LFLY balance sheet.
- LFLY debt to equity ratio of -2.75 is negative.
Is Leafly Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give recommendations on LFLY, the consensus analyst rating on Leafly Holdings is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Leafly Holdings stock forecast page.
LFLY Technicals
How is LFLY performing as a company?
Last year, LFLY revenue was $42.25M. During the last 4 year, LFLY's revenue has grown by 8.87% per year. This was faster than the Pharmaceutical Retailers industry average of 3.04%.
Learn more about LFLY's earnings and revenue performance here.
Who is buying/selling LFLY?
In the last 12 months, insiders at LFLY have bought more shares than they have sold.
Suresh Krishnaswamy, CFO of LFLY, was the latest LFLY insider to sell. They sold $2,761.59 worth of LFLY stock on Apr 20, 2024.
Research more about who owns LFLY stock here.
Does LFLY stock generate passive income?
No, Leafly Holdings doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your LFLY purchase
There are two main 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 the easiest way to buy. - Limit order: A limit order is an order to 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, place a limit order.
Click the Open button and eToro will place your order.
If you need more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in LFLY
Now that you own some LFLY stock, you'll want to stay up-to-date on your company.
Make a watchlist to monitor your LFLY stock.
LFLY Feed
How to Buy Stock in Leafly Holdings
To reiterate, here are the 6 steps to buy Leafly Holdings stock:
- Decide where to buy Leafly Holdings stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Leafly Holdings stock
- Place your LFLY purchase
- Get the latest scoop on your investment in LFLY
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Leafly Holdings, click the button below.
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