How to Buy Logistics Innovation Technologies Stock
Logistics Innovation Technologies Corp
Logistics Innovation Technologies Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Logistics Innovation Technologies stock last closed at $10.22, up 0% from the previous day, and has increased 5.58% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. Logistics Innovation Technologies stock is currently +5.47% from its 52-week low of $9.69, and -6.84% from its 52-week high of $10.97.
There are currently 42.61M shares of LITT outstanding. The market value of LITT is $435.49M. In the last 24 hours, 3071 LITT shares were traded.
How to Buy Logistics Innovation Technologies Stock
Wondering how to invest in Logistics Innovation Technologies stock? Here's how.
- Figure out where to buy Logistics Innovation Technologies stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Logistics Innovation Technologies stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your details.
- Analyze Logistics Innovation Technologies stock: The Logistics Innovation Technologies ticker symbol is LITT. Is Logistics Innovation Technologies stock a good investment? Should you buy shares of LITT? How do LITT's underlying business fundamentals look? Do top analysts think Logistics Innovation Technologies is a good buy? Why has LITT's stock price moved recently? (Hint: Our stock research tools can help you understand if LITT is a good stock to buy).
- Execute your LITT buy order: Decide if you will purchase LITT shares at the current market price or use a limit order to purchase LITT shares at a particular price.
- Watch your LITT investment: Create a watchlist to keep tabs on your new investment in Logistics Innovation Technologies stock.
Step 1: Figure out where to buy Logistics Innovation Technologies stock
You will need an online brokerage account to access the NASDAQ market and buy LITT shares.
Our preferred 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 the best brokerage, you'll need to fill out some personal info so you can invest in LITT today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Input your personal info to create your new brokerage account.
- Submit your information by clicking the "Create Account" button.
Step 3: Put funds into your investment account
Now that you have opened your account on the stock trading app, you need to deposit funds:
Watch the walkthrough below if you need help transferring funds into your new brokerage account.
Step 4: Analyze Logistics Innovation Technologies stock
After you have figured out the best place to buy Logistics Innovation Technologies stock, it's important to research their stock prior to buying, so you can understand the risk as well as the opportunity.
Overview of key LITT info
Fundamentals of LITT
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on LITT's stock page.
What is the fair value of LITT stock?
You can use many financial metrics, analyses, models, and charts to gauge LITT's fair value.
Using relative valuations measures:
- LITT may be undervalued based on its P/E ratio of 39.31x, relative to Shell Companies industry P/E ratio of 41.44x
You can access more valuation analysis on LITT's stock here.
LITT Financial Health Summary
Positive Health Checks:
- LITT's operating cash flow of $7.19M allows it to safely service it's debt of $0.00.
- LITT earnings of $11.29M is not sufficient to cover its interest payments.
Negative Health Checks:
- LITT debt to equity ratio of -1.11 is negative.
- There are more long-term liabilities than short-term assets on the LITT balance sheet.
- There are more short-term liabilities than short-term assets on the LITT balance sheet.
- Total LITT debt is still negative.
LITT Trading Indicators
How are LITT Revenues/Earnings doing?
Last year, LITT earnings were $9.55M. In the last one years, LITT's earnings have grown by -88.7% per year. This was slower than the Shell Companies industry average of 4.56%.
You can analyze LITT's earnings and revenue performance here.
What are LITT insiders up to?
In the past year, insiders at LITT have not bought or sold any shares.
Get more info about who owns LITT stock here.
Can I rely on LITT as an income stream?
No, Logistics Innovation Technologies doesn't provide an income stream by paying out dividends.
What do other investors have to say about LITT?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your LITT buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
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 a particular dollar amount limit, use a limit order.
Press the Open button and your broker will execute the order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Watch your LITT investment
Now that you own some shares in LITT, you'll want to stay up-to-date on your new investment.
Create a watchlist to see the latest developments about your LITT stock.
LITT Feed
How to Buy Stock in Logistics Innovation Technologies
To summarize, here are the 6 steps you need to take to buy Logistics Innovation Technologies stock right now:
- Figure out where to buy Logistics Innovation Technologies stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Logistics Innovation Technologies stock
- Execute your LITT buy order
- Watch your LITT investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Logistics Innovation Technologies, create a watchlist today.
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