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How to Buy Lion Electric Co Stock

Lion Electric Co

Northern Genesis Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination.

Lion Electric Co stock last closed at $1.47, up 5.76% from the previous day, and has decreased 18.78% in one year. It has underperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.39 percentage points. Lion Electric Co stock is currently +24.58% from its 52-week low of $1.18, and -45.15% from its 52-week high of $2.68.

There are currently 223.71M shares of LEV outstanding. The market capitalization of LEV is $328.86M. In the past 24 hours, 1.77M LEV shares were traded.

How to Buy Lion Electric Co Stock

Wondering how to invest in Lion Electric Co stock? Here's how.
  1. Choose where to buy Lion Electric Co stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Lion Electric Co stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your payment method and add your information.
  4. Analyze Lion Electric Co stock: The Lion Electric Co ticker symbol is LEV. Is Lion Electric Co stock a good investment? Should you buy shares of LEV? How do LEV's underlying business fundamentals look? Do top analysts think Lion Electric Co is a good buy? Why has LEV's stock price moved recently? (Hint: Our stock analysis website can help you figure out if LEV is a good stock to buy).
  5. Execute your LEV purchase: Decide if you will purchase LEV shares at the current market price or use a limit order to buy LEV shares at a specific price.
  6. Watch your investment in LEV: Create a watchlist to track your position in Lion Electric Co stock.

Step 1: Choose where to buy Lion Electric Co stock

You will need a brokerage account in order to access the NYSE market and buy LEV shares.

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

Our favorite brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

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  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
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Get $10 towards your purchase of shares by signing up for an account with eToro today.

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy LEV stock today.

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  1. Click here to get started.
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  2. Input your personal data to open your new trading account.
  1. Submit your info by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've created your account on the best app for stock investing, you need to deposit funds:

Watch the tutorial below to see the process of depositing money into your new brokerage account.

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Step 4: Analyze Lion Electric Co stock

Once you have decided on the best place to buy Lion Electric Co stock, it's important to analyze their stock before you invest, so you can wrap your head around the risk as well as the upside.

Overview of key LEV info

LEV Price
$1.47
1w %
12.21%
1y %
-18.78%
5y %
N/A
P/E
-3.2x
P/B
0.92x
P/S
1.3x
PEG
N/A
Revenue
$253.50M
Earnings
-$103.77M
Fore. Rev. Growth
68.83%
Fore. Earn. Growth
N/A
Market Cap
$328.86M
Next Earnings
May 7, 2024
Next Dividend
N/A

Lion Electric Co Fundamentals

WallStreetZen was created to help average investors perform better fundamental analysis.

You can see all of the due diligence checks on LEV's stock page.

Is LEV stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge LEV's true value.

Using relative valuations measures:

  • LEV may be undervalued based on its P/B ratio of 0.92x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 5.07x

You can do additional valuation research on LEV's stock here.

LEV Financials at a glance

Signs that LEV is financially healthy:

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

Signs that LEV is not financially healthy:

  • LEV has a relatively high debt to equity ratio of 1.34.
  • LEV has $29.89M in cash and short term investments. This is not enough to cover its annual cash burn of $233.54M.
  • LEV has cash burn of 233542584. It does not have enough cash and short-term investments to cover this.
  • LEV profit margin has gone down from 12.7% to -40.9% in the past year.

Is Lion Electric Co stock a Buy, Hold, or Sell, according to analysts?

Out of 2 sell side analysts who track LEV, the consensus analyst rating on Lion Electric Co is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Lion Electric Co stock forecast page.

Metrics for Advanced LEV Traders

SMA10
1.3
SMA20
1.33
SMA50
1.59
SMA100
1.66
SMA200
1.86
MACD
-0.07
MACD Signal
-0.1
MACD Histogram
0.03
RSI
53.72
Stochastic %K
78.37
Stochastic %D
67.74
StochRSI %K
100
StochRSI %D
96.45

LEV Revenue

Last year, LEV revenue was $253.50M. Over the last five year, LEV's revenue has gone up by 72.45% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 6.63%.

Find out more about LEV's earnings and revenue performance here.

Who is buying/selling LEV?

Over the last year, insiders at LEV have not bought or sold any shares.

Learn more about who owns LEV stock here.

Can I rely on LEV as an income stream?

No, Lion Electric Co doesn't provide an income stream by paying out dividends.

What do other investors have to say about LEV?

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

Click below to learn what other community members have to say.

Step 5: Execute your LEV purchase

There are two main 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 mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, use a limit order.

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

If you need additional info about investing in stocks on eToro, click the how to video below:

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Step 6: Watch your investment in LEV

Now that you own some LEV shares, you'll want to keep up with your new investment.

Create a watchlist to track your LEV stock.

LEV Feed

How to Buy Stock in Lion Electric Co

To reiterate, here are the 6 steps to buy Lion Electric Co stock:

  1. Choose where to buy Lion Electric Co stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Analyze Lion Electric Co stock
  5. Execute your LEV purchase
  6. Watch your investment in LEV

If you require a place to buy stocks, eToro is our favorite venue.

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 updates on your new investment in Lion Electric Co, add LEV to your watchlist below.

NYSE: LEV
$1.47+0.08 (+5.76%)
Updated Mar 27, 2024
Open eToro Account
NYSE: LEV
$1.47+0.08 (+5.76%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lion Electric Co share?

As of Mar 27, 2024, it costs $1.47 to buy one share of Lion Electric Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.74, you can buy 0.5 shares of LEV.

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 Lion Electric Co stock?

According to 2 Wall Street analysts who monitor Lion Electric Co, their consensus recommendation is to buy Lion Electric Co stock.

What is the best way to buy Lion Electric Co stock?

One way to place an order for Lion Electric Co 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.