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How to Buy Luokung Technology Stock

Luokung Technology Corp

Luokung Technology Corp. , together with its subsidiaries, provides location-based services and mobile application products for long distance rail travelers in the People's Republic of China.

Luokung Technology stock last closed at $0.52, up 4.84% from the previous day, and has decreased 66.45% in one year. It has underperformed other stocks in the Software - Application industry by 0.9 percentage points. Luokung Technology stock is currently +26.83% from its 52-week low of $0.41, and -66.23% from its 52-week high of $1.54.

As of Apr 24, 2024, there are 17.52M shares of LKCO outstanding. The market value of LKCO is $9.11M. In the last 24 hours, 15,770 LKCO shares were traded.

How to Buy Luokung Technology Stock

Not sure how to invest in Luokung Technology stock? Here's how.
  1. Choose where to buy Luokung Technology stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Luokung Technology stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your payment method and add your info.
  4. Research Luokung Technology stock: The Luokung Technology ticker symbol is LKCO. Is Luokung Technology stock a good investment? Should you buy shares of LKCO? How do LKCO's underlying business fundamentals look? Do top analysts think Luokung Technology is a good buy? Why has LKCO's stock price moved recently? (Hint: Our stock research website can help you figure out if LKCO is a good stock to buy).
  5. Place your LKCO trade: Decide if you will purchase LKCO shares at the current market price or use a limit order to buy LKCO stock at a specific price.
  6. Get the latest news on your investment in LKCO: Create a watchlist to the latest updates on your position in Luokung Technology stock.

Step 1: Choose where to buy Luokung Technology stock

You need an online brokerage account in order to access the NASDAQ market and buy LKCO stock.

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

Our preferred brokerage: eToro

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Step 2: Create a brokerage account

Now that you've selected the best brokerage, you need to fill out some personal details so you are able to buy LKCO stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Input your personal data to open your new trading account.
  1. Send your data by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've opened your account on the best stock app to use, your next step is to transfer the money for your investment:

Watch this video walkthrough if you need help depositing funds into your new brokerage account.

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Step 4: Research Luokung Technology stock

Once you have identified the best place to buy Luokung Technology stock, it's important to analyze their stock prior to buying, so you can comprehend the risk as well as the upside.

Luokung Technology Metrics

LKCO Price
$0.52
1w %
-3.17%
1y %
-66.45%
5y %
-99.75%
P/E
-0.2x
P/B
0.09x
P/S
0.24x
PEG
N/A
Revenue
$36.98M
Earnings
-$43.90M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$9.11M
Next Earnings
N/A
Next Dividend
N/A

LKCO Fundamentals

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.

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

How is LKCO stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge LKCO's fair value.

Using relative valuations metrics:

  • LKCO may be undervalued based on its P/B ratio of 0.09x, relative to Software - Application industry P/B ratio of 6.53x

You can access more valuation analysis on LKCO's stock here.

LKCO Financial Health Overview

Positive Financial Indicators:

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

Negative Financial Indicators:

  • LKCO has a relatively high debt to equity ratio of 0.99.
  • There are more short-term liabilities than short-term assets on the LKCO balance sheet.
  • LKCO profit margin has gone down from -42.3% to -118.7% in the past year.

Metrics for Advanced LKCO Traders

SMA10
0.53
SMA20
0.57
SMA50
0.67
SMA100
0.6
SMA200
0.78
MACD
-0.04
MACD Signal
-0.04
MACD Histogram
0
RSI
35.6
Stochastic %K
14.23
Stochastic %D
13.31
StochRSI %K
22.89
StochRSI %D
13.66

How are LKCO Revenues/Earnings doing?

Last year, LKCO revenue was $36.98M. Over the last four year, LKCO's revenue has increased by 27.1% per year. This was slower than the Software - Application industry average of 27.59%.

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

Who is buying/selling LKCO?

In the last year, executives and large shareholders at LKCO have not bought or sold any shares.

Research more about who owns LKCO shares here.

Can I get consistent income from LKCO stock?

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

What do other traders have to say about LKCO?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Place your LKCO trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

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

If you need more help with investing in stocks on eToro, watch the helpful video below:

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Step 6: Get the latest news on your investment in LKCO

Now that you own some LKCO stock, you'll want to stay up-to-date on your new investment.

Start a watchlist to get notified of the latest news about your LKCO stock.

LKCO Feed

How to Buy Stock in Luokung Technology

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

  1. Choose where to buy Luokung Technology stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Research Luokung Technology stock
  5. Place your LKCO trade
  6. Get the latest news on your investment in LKCO

If you require a brokerage account, eToro is our recommended 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 want to keep an eye on your investment in Luokung Technology, get started below.

NASDAQ: LKCO
$0.52+0.02 (+4.84%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: LKCO
$0.52+0.02 (+4.84%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Luokung Technology share?

As of Apr 24, 2024, it costs $0.52 to buy one share of Luokung Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.26, you can buy 0.5 shares of LKCO.

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 Luokung Technology stock?

One way to place an order for Luokung Technology 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.