How to Buy Matterport Stock
Matterport Inc
Matterport, Inc. , a spatial data company, focuses on digitization and datafication of the built world.
Matterport stock last closed at $4.80, up 175.86% from the previous day, and has increased 87.5% in one year. It has overperformed other stocks in the Software - Application industry by 0.65 percentage points. Matterport stock is currently +177.46% from its 52-week low of $1.73, and -3.81% from its 52-week high of $4.99.
At the moment, there are 310.91M shares of MTTR outstanding. The market capitalization of MTTR is $1.49B. In the past 24 hours, 71.82M MTTR shares were traded.
How to Buy Matterport Stock
Not sure how to invest in Matterport stock? Here's how.
- Figure out where to buy Matterport stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Matterport stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your payment method and add your details.
- Research Matterport stock: The Matterport ticker symbol is MTTR. Is Matterport stock a good investment? Should you buy shares of MTTR? How do MTTR's underlying business fundamentals look? Do top analysts think Matterport is a good buy? Why has MTTR's stock price moved recently? (Hint: Our stock research tools can help you evaluate if MTTR is a good stock to buy).
- Place your MTTR trade: Decide if you will purchase MTTR shares at the current market price or use a limit order to purchase MTTR stock at a given price.
- Get key alerts regarding your investment in MTTR: Create a watchlist to keep tabs on your new investment in Matterport stock.
Step 1: Figure out where to buy Matterport stock
You need a brokerage account in order to access the NASDAQ market and buy MTTR stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal details so you are able to buy MTTR today.
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- 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 open your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on our top ranked stock app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing money into your new investment account.
Step 4: Research Matterport stock
After you have chosen the best place to buy Matterport stock, it's important to evaluate their stock before you invest, so you truly comprehend the risk and upside.
Overview of key MTTR info
MTTR Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MTTR's stock page.
Is MTTR stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge MTTR's true value.
Using relative valuations methods:
- MTTR may be undervalued based on its P/B ratio of 2.82x, relative to Software - Application industry P/B ratio of 6.39x
You can do more valuation analysis on MTTR's stock here.
MTTR Financial Summary
Passed Health Checks:
- Total MTTR debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the MTTR balance sheet.
- MTTR has a low debt to equity ratio of 0.09.
- MTTR has cash burn of 68617000. 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 MTTR balance sheet.
- MTTR has $388.17M in cash and short term investments. This is sufficient to cover its annual cash burn of $68.62M.
Failed Health Checks:
- MTTR profit margin has gone down from -81.8% to -126.2% in the past year.
Is it a good time to buy MTTR stock, according to Wall Street analysts?
Out of 4 sell side analysts who track MTTR, the consensus analyst rating on Matterport is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Matterport stock forecast page.
MTTR Technicals
Is MTTR Making Money?
Last year, MTTR revenue was $157.75M. Over the last five year, MTTR's revenue has gone up by 27.95% per year. This was faster than the Software - Application industry average of 27.53%.
Learn more about MTTR's earnings and revenue performance here.
Are MTTR insiders buying or selling the stock?
In the last year, insiders at MTTR have sold more shares than they have bought.
James Daniel Fay, Chief Financial Officer of MTTR, was the latest MTTR insider to sell. They sold $56,275.00 worth of MTTR shares on Apr 1, 2024.
Get more info about who owns MTTR shares here.
Does MTTR provide a stable income stream?
No, Matterport doesn't provide an income stream by paying out dividends.
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Step 5: Place your MTTR trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, use a limit order.
Press the Open Trade button and your broker will execute the order.
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Step 6: Get key alerts regarding your investment in MTTR
Now that you own some MTTR shares, you'll want to stay up-to-date on your stock purchase.
Put MTTR on a watchlist to get the latest updates about your MTTR stock.
MTTR Feed
How to Buy Stock in Matterport
To reiterate, here are the 6 steps for buying Matterport stock:
- Figure out where to buy Matterport stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Matterport stock
- Place your MTTR trade
- Get key alerts regarding your investment in MTTR
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Matterport, get started below.
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