How to Buy Locafy Stock

Locafy Ltd

Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in local search engine marketing in Australia, Europe, the United States, and internationally.

Locafy stock last closed at $2.60, down 11.86% from the previous day, and has decreased 63.12% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.82 percentage points. Locafy stock is currently +4% from its 52-week low of $2.50, and -84.51% from its 52-week high of $16.79.

At the moment, there are 1.28M shares of LCFY outstanding. The market capitalization of LCFY is $3.32M. In the last 24 hours, 11,407 LCFY shares were traded.

How to Buy Locafy Stock

Not sure how to invest in Locafy stock? Here's how.
  1. Decide where to buy Locafy stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Locafy stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Select your payment method and add your information.
  4. Research Locafy stock: The Locafy ticker symbol is LCFY. Is Locafy stock a good investment? Should you buy shares of LCFY? How do LCFY's underlying business fundamentals look? Do top analysts think Locafy is a good buy? Why has LCFY's stock price moved recently? (Hint: Our stock research tools can help you figure out if LCFY is a good stock to buy).
  5. Place your LCFY purchase: Decide if you will purchase LCFY shares at the current market price or use a limit order to purchase LCFY stock at a given price.
  6. Watch your investment in LCFY: Create a watchlist to important notifications about your new investment in Locafy shares.

Step 1: Decide where to buy Locafy stock

You need a brokerage account in order to access the NASDAQ market and buy LCFY shares.

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

Our recommended brokerage: eToro

We believe that eToro is the best brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global financial markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to buy LCFY today.

How to Open a New Investment Account on eToro

  1. 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.
  2. Provide your personal details to create your new trading account.
  1. Send your information by hitting the "Create Account" button.
  2. 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.

Step 3: Fund your investment account

Now that you have finished signing up on our top ranked stock app, you need to deposit funds:

Watch the video below to see the process of depositing funds into your new investment account.

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.

Step 4: Research Locafy stock

Once you have decided on the best place to buy Locafy stock, it's crucial to evaluate their stock prior to buying, so you can wrap your head around the risk and opportunity.

Locafy Metrics

LCFY Price
1w %
1y %
5y %
Fore. Rev. Growth
Fore. Earn. Growth
Market Cap
Next Earnings
Next Dividend

Locafy Due Diligence Checks

WallStreetZen was created to help average investors perform more accurate fundamental analysis.

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

How is LCFY stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge LCFY's fair value.

Using relative valuations ratios:

  • LCFY may be undervalued based on its P/B ratio of 1.3x, relative to Internet Content & Information industry P/B ratio of 6.84x

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

LCFY Financials at a glance

Signs that LCFY is financially healthy:

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

Signs that LCFY is not financially healthy:

  • LCFY has a relatively high debt to equity ratio of 0.86.
  • LCFY has cash burn of 1139148. It does not have sufficient cash and short-term investments to cover this.
  • LCFY has $318.81k in cash and short term investments. This is not enough to cover its annual cash burn of $1.14M.
  • There are more short-term liabilities than short-term assets on the LCFY balance sheet.

LCFY Trading Indicators

MACD Signal
MACD Histogram
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D

What are LCFY insiders up to?

Over the past 12 months, executives and large shareholders at LCFY have not bought or sold any shares.

Get more info about who owns LCFY stock here.

Does LCFY stock generate passive income?

No, Locafy doesn't provide an income stream by paying out dividends.

What others are saying about LCFY

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 LCFY purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • 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 a particular dollar amount, place a limit order.

Click the Open Trade button and eToro will place your order.

If you require additional help with investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Watch your investment in LCFY

Now that you own some shares in LCFY, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to get notified of the latest news about your LCFY stock.


How to Buy Stock in Locafy

To summarize, here are the 6 steps to buy stock in Locafy:

  1. Decide where to buy Locafy stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Locafy stock
  5. Place your LCFY purchase
  6. Watch your investment in LCFY

If you are looking for a brokerage account, eToro is our favorite 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 would like to get the latest news on your new investment in Locafy, click below.

$2.60-0.35 (-11.86%)
Updated Jun 18, 2024
Open eToro Account
$2.60-0.35 (-11.86%)
Updated Jun 18, 2024
Open eToro Account


How much does it cost to buy one Locafy share?

As of Jun 18, 2024, it costs $2.60 to buy one share of Locafy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.385 shares of LCFY.

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.

What is the best way to buy Locafy stock?

One way to place an order for Locafy 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.