How to Buy Marygold Companies Stock
Marygold Companies Inc
Marygold Companies is a asset management company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker MGLD on the NYSEMKT exchange.
Marygold Companies stock last closed at $1.13, up 0% from the previous day, and has decreased 30.67% in one year. It has underperformed other stocks in the Asset Management industry by 0.23 percentage points. Marygold Companies stock is currently +44.69% from its 52-week low of $0.78, and -37.22% from its 52-week high of $1.80.
There are currently 39.38M shares of MGLD outstanding. The market value of MGLD is $44.50M. In the past 24 hours, 102 MGLD shares were traded.
How to Buy Marygold Companies Stock
Not sure how to invest in Marygold Companies stock? Here's how.
- Choose where to buy Marygold Companies stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Marygold Companies stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your info.
- Research Marygold Companies stock: The Marygold Companies ticker symbol is MGLD. Is Marygold Companies stock a good investment? Should you buy shares of MGLD? How do MGLD's underlying business fundamentals look? Do top analysts think Marygold Companies is a good buy? Why has MGLD's stock price moved recently? (Hint: Our stock research tools can help you figure out if MGLD is a good stock to buy).
- Place your MGLD buy order: Decide if you will purchase MGLD shares at the current market price or use a limit order to purchase MGLD stock at a specific price.
- Get updates on your MGLD position: Create a watchlist to keep track of your investment in Marygold Companies shares.
Step 1: Choose where to buy Marygold Companies stock
You will need a brokerage account to access the NYSEMKT market and buy MGLD shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal info so you can buy MGLD today.
How to Open 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.
- Provide your personal data to create a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on mobile trading apps, you need to deposit funds:
Watch the video below if you need help depositing money into your new investment account.
Step 4: Research Marygold Companies stock
Once you have decided on the best place to buy Marygold Companies stock, it's important to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.
Overview of key MGLD info
MGLD Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on MGLD's stock page.
Is MGLD stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MGLD's true value.
Using relative valuations methods:
- MGLD may be undervalued based on its P/B ratio of 1.53x, relative to Asset Management industry P/B ratio of 2.29x
You can do additional valuation analysis on MGLD's stock here.
MGLD Financial Overview
Passed Financial Due Diligence Checks:
- Total MGLD debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the MGLD balance sheet.
- MGLD has a low debt to equity ratio of 0.2.
- There are more short-term assets than long-term liabilities on the MGLD balance sheet.
Failed Financial Due Diligence Checks:
- MGLD's operating cash flow of $275.79k allows it to safely service it's debt of $1.73M.
- MGLD profit margin has gone down from 7.4% to -3.5% in the past year.
- MGLD earnings of -$1.57M is not enough to cover its interest payments.
MGLD Technicals
Is MGLD Making Money?
Last year, MGLD revenue was $33.87M. Over the past 5 year, MGLD's revenue has increased by 3.89% per year. This was slower than the Asset Management industry average of 20.51%.
Learn more about MGLD's earnings and revenue performance here.
What are MGLD insiders up to?
In the last 12 months, executives and large shareholders at MGLD have bought more shares than they have sold.
Melinda Gerber Living Trust Nicholas, Chief Executive Officer of MGLD, was the latest MGLD insider to buy. They bought $68,000.00 worth of MGLD shares on Mar 18, 2024.
Research more about who owns MGLD stock here.
Can I get consistent income from MGLD stock?
No, Marygold Companies doesn't provide an income stream by paying out dividends.
What do other investors have to say about MGLD?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your MGLD buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open button and eToro will place the order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your MGLD position
Now that you own some MGLD shares, you'll want to stay up-to-date on your new shares.
Start a watchlist to track your MGLD stock.
MGLD Feed
How to Buy Stock in Marygold Companies
To reiterate, here are the 6 steps for buying Marygold Companies stock:
- Choose where to buy Marygold Companies stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research Marygold Companies stock
- Place your MGLD buy order
- Get updates on your MGLD position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Marygold Companies, click the button below.
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