How to Buy Sound Group Stock
Sound Group Inc
Sound Group Inc. operates as an audio-centric social and entertainment company. It focuses on building audio platform to connect and communicate.
Sound Group stock last closed at $2.83, down 5.35% from the previous day, and has decreased 60.47% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.91 percentage points. Sound Group stock is currently +29.22% from its 52-week low of $2.19, and -76.8% from its 52-week high of $12.20.
There are currently 1.06B shares of SOGP outstanding. The market capitalization of SOGP is $14.98M. In the past 24 hours, 6600 SOGP shares were traded.
How to Buy Sound Group Stock
Not sure how to invest in Sound Group stock? Here's how.
- Decide where to buy Sound Group stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Sound Group stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your information.
- Research Sound Group stock: The Sound Group ticker symbol is SOGP. Is Sound Group stock a good investment? Should you buy shares of SOGP? How do SOGP's underlying business fundamentals look? Do top analysts think Sound Group is a good buy? Why has SOGP's stock price moved recently? (Hint: Our stock market research website can help you figure out if SOGP is a good stock to buy).
- Place your SOGP trade: Decide if you will purchase SOGP shares at the current market price or use a limit order to purchase SOGP shares at a given price.
- Monitor your SOGP position: Create a watchlist to watch your position in Sound Group stock.
Step 1: Decide where to buy Sound Group stock
You will need an online brokerage account to access the NASDAQ market and buy SOGP shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can invest in SOGP stock today.
How to Open a New Investment 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.
- Input your personal data to open your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on investing apps, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Sound Group stock
After you have chosen the best place to buy Sound Group stock, it's critical to analyze their stock prior to buying, so you actually comprehend the risk as well as the upside.
Sound Group shares quick numbers
SOGP Overview
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SOGP's stock page.
Is SOGP stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SOGP's intrinsic value.
Using relative valuations methods:
- SOGP could be undervalued based on its P/E ratio of 3.36x, relative to Internet Content & Information industry P/E ratio of 10.32x
- SOGP could be undervalued based on its P/B ratio of 0.25x, relative to Internet Content & Information industry P/B ratio of 6.24x
You can access additional valuation research on SOGP's stock here.
A look at SOGP Cashflows and Balance Sheet
Signs that SOGP is financially healthy:
- There are more short-term assets than long-term liabilities on the SOGP balance sheet.
- There are more short-term assets than short-term liabilities on the SOGP balance sheet.
Signs that SOGP is not financially healthy:
- SOGP profit margin has gone down from 3% to 1.5% in the past year.
- SOGP has a relatively high debt to equity ratio of 0.66.
Metrics for Advanced SOGP Traders
Is SOGP Making Money?
Last year, SOGP earnings were $4.79M. In the past 1 years, SOGP's earnings have gone up by -57.56% per year. This was slower than the Internet Content & Information industry average of 19.74%.
Last year, SOGP revenue was $314.13M. Over the last four year, SOGP's revenue has gone up by 19.95% per year. This was faster than the Internet Content & Information industry average of 19.64%.
Dive into SOGP's earnings and revenue performance here.
Are SOGP executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at SOGP have not bought or sold any shares.
Learn more about who owns SOGP stock here.
Does SOGP stock generate passive income?
No, Sound Group doesn't provide an income stream by paying out dividends.
What do other investors have to say about SOGP?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your SOGP trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - 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 particular dollar amount, place a limit order.
Hit the Open button and your broker will place your order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your SOGP position
Now that you own some SOGP stock, you'll want to stay up-to-date on your investment.
Start a watchlist to keep track of your SOGP stock.
SOGP Feed
How to Buy Stock in Sound Group
To reiterate, here are the 6 steps for buying Sound Group stock:
- Decide where to buy Sound Group stock
- Open your brokerage account
- Fund your investment account
- Research Sound Group stock
- Place your SOGP trade
- Monitor your SOGP position
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Sound Group, get started below.
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