How to Buy Lytus Technologies Holdings Ptv Stock
Lytus Technologies Holdings Ptv Ltd
Lytus Technologies Holdings Private Limited, a platform services company, provides content streaming/telecasting services to users in India.
Lytus Technologies Holdings Ptv stock last closed at $4.16, up 0.97% from the previous day, and has decreased 92.38% in one year. It has underperformed other stocks in the Software - Application industry by 1.2 percentage points. Lytus Technologies Holdings Ptv stock is currently +87.39% from its 52-week low of $2.22, and -92.78% from its 52-week high of $57.60.
As of Apr 25, 2024, there are 694,477 shares of LYT outstanding. The market cap of LYT is $2.89M. In the last 24 hours, 100,354 LYT shares were traded.
How to Buy Lytus Technologies Holdings Ptv Stock
Wondering how to invest in Lytus Technologies Holdings Ptv stock? Here's how.
- Choose where to buy Lytus Technologies Holdings Ptv stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Lytus Technologies Holdings Ptv stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Research Lytus Technologies Holdings Ptv stock: The Lytus Technologies Holdings Ptv ticker symbol is LYT. Is Lytus Technologies Holdings Ptv stock a good investment? Should you buy shares of LYT? How do LYT's underlying business fundamentals look? Do top analysts think Lytus Technologies Holdings Ptv is a good buy? Why has LYT's stock price moved recently? (Hint: Our stock analysis website can help you decide if LYT is a good stock to buy).
- Place your LYT purchase: Decide if you will purchase LYT shares at the current market price or use a limit order to buy LYT stock at a specific price.
- Track your investment in LYT: Create a watchlist to get live updates on your position in Lytus Technologies Holdings Ptv stock.
Step 1: Choose where to buy Lytus Technologies Holdings Ptv stock
You need a brokerage account in order to access the NASDAQ market and buy LYT shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you are able to buy LYT today.
How to Set Up 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 details to create your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on app for stock, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your investment account.
Step 4: Research Lytus Technologies Holdings Ptv stock
After you have figured out the best place to buy Lytus Technologies Holdings Ptv stock, it's absolutely critical to evaluate their stock prior to buying, so you truly wrap your head around the risk and upside.
Lytus Technologies Holdings Ptv Numbers
LYT Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on LYT's stock page.
What is the fair value of LYT stock?
You can use many financial metrics, analyses, models, and charts to gauge LYT's true value.
Using relative valuations methods:
- LYT could be undervalued based on its P/B ratio of 0.35x, relative to Software - Application industry P/B ratio of 6.49x
You can do additional valuation analysis on LYT's stock here.
LYT Financials at a glance
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the LYT balance sheet.
Failed Health Checks:
- LYT has $3.14M in cash and short term investments. This is not sufficient to cover its annual cash burn of $3.93M.
- LYT has a relatively high debt to equity ratio of 2.41.
- LYT profit margin has gone down from -5.9% to -8.4% in the past year.
- LYT has cash burn of 3925814. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the LYT balance sheet.
LYT Trading Indicators
LYT Growth Numbers
Last year, LYT revenue was $22.62M. During the last two year, LYT's revenue has gone up by 15.94% per year. This was slower than the Software - Application industry average of 27.57%.
Find out more about LYT's earnings and revenue performance here.
What are LYT insiders up to?
In the past year, executives and large shareholders at LYT have not bought or sold any shares.
Research more about who owns LYT shares here.
Can I get consistent income from LYT stock?
No, Lytus Technologies Holdings Ptv doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your LYT purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you 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.
Click the Open Trade button and your broker will place your order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in LYT
Now that you own some LYT stock, you'll want to keep up with your new investment.
Start a watchlist to see the latest developments about your LYT stock.
LYT Feed
How to Buy Stock in Lytus Technologies Holdings Ptv
To summarize, here are the 6 steps for buying Lytus Technologies Holdings Ptv stock:
- Choose where to buy Lytus Technologies Holdings Ptv stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Lytus Technologies Holdings Ptv stock
- Place your LYT purchase
- Track your investment in LYT
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Lytus Technologies Holdings Ptv, click below.
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