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How to Buy Markforged Holding Stock

Markforged Holding Corp

one intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Markforged Holding stock last closed at $0.62, up 0% from the previous day, and has decreased 54.78% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.94 percentage points. Markforged Holding stock is currently +0.82% from its 52-week low of $0.61, and -73.24% from its 52-week high of $2.30.

As of Feb 23, 2024, there are 198.42M MKFG shares outstanding. The market capitalization of MKFG is $122.03M. In the last 24 hours, 132,479 MKFG shares were traded.

How to Buy Markforged Holding Stock

Not sure how to invest in Markforged Holding stock? Here's how.
  1. Choose where to buy Markforged Holding stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Markforged Holding stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your payment method and add your info.
  4. Evaluate Markforged Holding stock: The Markforged Holding ticker symbol is MKFG. Is Markforged Holding stock a good investment? Should you buy shares of MKFG? How do MKFG's underlying business fundamentals look? Do top analysts think Markforged Holding is a good buy? Why has MKFG's stock price moved recently? (Hint: Our stock research website can help you understand if MKFG is a good stock to buy).
  5. Execute your MKFG purchase: Decide if you will purchase MKFG shares at the current market price or use a limit order to buy MKFG stock at a particular price.
  6. Keep tabs on your MKFG position: Create a watchlist to track your position in Markforged Holding shares.

Step 1: Choose where to buy Markforged Holding stock

You will need a brokerage account in order to access the NYSE market and buy MKFG 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.

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Step 2: Create a brokerage account

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

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Step 3: Deposit money your investment account

Now that you have created your account on the best stock market app, you need to deposit funds:

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Step 4: Evaluate Markforged Holding stock

Once you have selected the best place to buy Markforged Holding stock, it's very important to evaluate their stock before you buy, so you truly understand the risk as well as the opportunity.

Markforged Holding quick stats

MKFG Price
$0.62
1w %
-8.21%
1y %
-54.78%
5y %
N/A
P/E
-1.21x
P/B
0.72x
P/S
1.22x
PEG
N/A
Revenue
$99.28M
Earnings
-$100.10M
Fore. Rev. Growth
-3.22%
Fore. Earn. Growth
N/A
Market Cap
$122.03M
Next Earnings
Mar 7, 2024
Next Dividend
N/A

Fundamentals of Markforged Holding

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.

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

Is MKFG stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MKFG's intrinsic value.

Using relative valuations metrics:

  • MKFG may be undervalued based on its P/B ratio of 0.72x, relative to Computer Hardware industry P/B ratio of 12.37x

You can access additional valuation analysis on MKFG's stock here.

MKFG Financial Summary

Pros:

  • There are more short-term assets than long-term liabilities on the MKFG balance sheet.
  • MKFG has cash burn of 55824000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the MKFG balance sheet.
  • MKFG has $125.97M in cash and short term investments. This is sufficient to cover its annual cash burn of $55.82M.

Cons:

  • MKFG profit margin has gone down from -11.6% to -100.8% in the past year.
  • MKFG has a relatively high debt to equity ratio of 0.51.

You can dive deeper into what analysts are saying on the Markforged Holding stock forecast page.

MKFG Technicals

SMA10
0.65
SMA20
0.66
SMA50
0.71
SMA100
0.81
SMA200
1.03
MACD
-0.03
MACD Signal
-0.03
MACD Histogram
0
RSI
39.36
Stochastic %K
6.06
Stochastic %D
19.64
StochRSI %K
39.82
StochRSI %D
52.97

How are MKFG Revenues/Earnings doing?

Last year, MKFG revenue was $99.28M. Over the last two year, MKFG's revenue has increased by 5.66% per year. This was slower than the Computer Hardware industry average of 13.03%.

Dive into MKFG's earnings and revenue performance here.

Are MKFG insiders buying or selling the stock?

Over the last 12 months, insiders at MKFG have bought more shares than they have sold.

Shai Terem, Chief Executive Officer of MKFG, was the latest MKFG insider to sell. They sold $9,152.00 worth of MKFG shares on Feb 11, 2024.

Learn more about who owns MKFG stock here.

Can I get consistent income from MKFG stock?

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

What others are saying about MKFG

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

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Step 5: Execute your MKFG purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open Trade button and your broker will place the order.

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Step 6: Keep tabs on your MKFG position

Now that you own some MKFG stock, you'll want to keep up with your new investment.

Make a watchlist to get notified of important updates regarding your MKFG stock.

MKFG Feed

How to Buy Stock in Markforged Holding

To reiterate, here are the 6 steps to buy stock in Markforged Holding:

  1. Choose where to buy Markforged Holding stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Evaluate Markforged Holding stock
  5. Execute your MKFG purchase
  6. Keep tabs on your MKFG position

If you are looking for a brokerage account, eToro is our recommended option.

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If you would like to keep an eye on your new investment in Markforged Holding, create a watchlist today.

NYSE: MKFG
$0.62+0.00 (+0%)
Updated Feb 23, 2024
Open eToro Account
NYSE: MKFG
$0.62+0.00 (+0%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Markforged Holding share?

As of Feb 23, 2024, it costs $0.62 to buy one share of Markforged Holding stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.31, you can buy 0.5 shares of MKFG.

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 Markforged Holding stock?

One way to place an order for Markforged Holding 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.