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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 $4.03, down 0.49% from the previous day, and has increased 35.23% in one year. It has overperformed other stocks in the Software - Application industry by 0.14 percentage points. Matterport stock is currently +132.95% from its 52-week low of $1.73, and -19.24% from its 52-week high of $4.99.

At the moment, there are 314.52M shares of MTTR outstanding. The market capitalization of MTTR is $1.27B. In the past 24 hours, 4.23M MTTR shares were traded.

How to Buy Matterport Stock

Not sure how to invest in Matterport stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Choose your payment method and add your details.
  4. 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).
  5. 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.
  6. 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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Step 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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  1. Send your application by hitting the "Create Account" button.
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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.

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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 Price
$4.03
1w %
1.26%
1y %
35.23%
5y %
N/A
P/E
-6.72x
P/B
2.42x
P/S
7.9x
PEG
N/A
Revenue
$159.63M
Earnings
-$181.36M
Fore. Rev. Growth
11.97%
Fore. Earn. Growth
N/A
Market Cap
$1.27B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

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 2.42x, relative to Software - Application industry P/B ratio of 6.28x

You can do more valuation analysis on MTTR's stock here.

MTTR Financial Summary

Passed Health Checks:

  • MTTR has a low debt to equity ratio of 0.1.
  • There are more short-term assets than long-term liabilities on the MTTR balance sheet.
  • There are more short-term assets than short-term liabilities on the MTTR balance sheet.
  • MTTR has $329.37M in cash and short term investments. This is sufficient to cover its annual cash burn of $51.62M.
  • MTTR has cash burn of 51620000. It has sufficient cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • MTTR profit margin has gone up by 0.49 percentage points in the past year, but the company is still unprofitable.

Do Wall Street analysts think it's a good time to buy MTTR stock

Out of 4 Wall Street analysts who research MTTR, the consensus analyst rating on MTTR is a Hold

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Matterport stock forecast page.

MTTR Technicals

SMA10
4.07
SMA20
4.21
SMA50
4.03
SMA100
3.07
SMA200
2.72
MACD
-0.02
MACD Signal
0.03
MACD Histogram
-0.05
RSI
43.43
Stochastic %K
30.25
Stochastic %D
32.51
StochRSI %K
28.34
StochRSI %D
30.45

Is MTTR Growing Revenue?

Last year, MTTR revenue was $159.63M. In the past three year, MTTR's revenue has increased by 84.26% per year. This was faster than the Software - Application industry average of 30.29%.

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

Who is buying/selling MTTR?

In the past year, executives and large shareholders 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 $192,120.25 worth of MTTR stock on Jun 4, 2024.

Research more about who owns MTTR shares here.

Can I get consistent income from MTTR stock?

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

What others are saying about MTTR

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

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Step 5: Place your MTTR trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • 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 specific price limit, use a limit order.

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

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Step 6: Get key alerts regarding your investment in MTTR

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

Make a watchlist to get the latest updates about your MTTR stock.

MTTR Feed

How to Buy Stock in Matterport

To summarize, here are the 6 steps you need to take to buy Matterport stock right now:

  1. Figure out where to buy Matterport stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Research Matterport stock
  5. Place your MTTR trade
  6. Get key alerts regarding your investment in MTTR

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If you want to keep tabs on your investment in Matterport, create your watchlist below.

NASDAQ: MTTR
$4.03-0.02 (-0.49%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: MTTR
$4.03-0.02 (-0.49%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Matterport share?

As of Jun 21, 2024, it costs $4.03 to buy one share of Matterport stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.496 shares of MTTR.

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.

Is now a good time to buy Matterport stock?

According to 4 Wall Street analysts who monitor Matterport, their consensus recommendation is to hold Matterport stock.

What is the best way to buy Matterport stock?

One way to place an order for Matterport 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.