How to Buy Meridianlink Stock
Meridianlink Inc
Meridianlink is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker MLNK on the NYSE exchange.
Meridianlink stock last closed at $17.65, down 1.94% from the previous day, and has increased 16.66% in one year. It has underperformed other stocks in the Software - Application industry by 0.07 percentage points. Meridianlink stock is currently +29.59% from its 52-week low of $13.62, and -31.8% from its 52-week high of $25.88.
There are currently 76.32M shares of MLNK outstanding. The market cap of MLNK is $1.35B. In the past 24 hours, 172,207 MLNK shares were traded.
How to Buy Meridianlink Stock
Not sure how to invest in Meridianlink stock? Here's how.
- Figure out where to buy Meridianlink 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 figure out where to buy Meridianlink stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your method of payment and add your info.
- Evaluate Meridianlink stock: The Meridianlink ticker symbol is MLNK. Is Meridianlink stock a good investment? Should you buy shares of MLNK? How do MLNK's underlying business fundamentals look? Do top analysts think Meridianlink is a good buy? Why has MLNK's stock price moved recently? (Hint: Our stock research website can help you figure out if MLNK is a good stock to buy).
- Make your MLNK trade: Decide if you will purchase MLNK shares at the current market price or use a limit order to purchase MLNK stock at a particular price.
- Get the latest news on your MLNK investment: Create a watchlist to key updates about your investment in Meridianlink shares.
Step 1: Figure out where to buy Meridianlink stock
You need an online brokerage account in order to access the NYSE market and buy MLNK shares.
Our recommended brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to invest in MLNK today.
How to Start a New 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 info to create a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best investment app, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Meridianlink stock
After you have selected the best place to buy Meridianlink stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk and opportunity.
Meridianlink Numbers
MLNK Overview
WallStreetZen was built to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MLNK's stock page.
Is MLNK stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MLNK's fair value.
Using relative valuations methods:
- MLNK may be undervalued based on its P/B ratio of 2.65x, relative to Software - Application industry P/B ratio of 6.53x
You can do more valuation analysis on MLNK's stock here.
MLNK Financial Health Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the MLNK balance sheet.
Failed Health Checks:
- MLNK's operating cash flow of $67.96M allows it to safely service it's debt of $423.55M.
- MLNK has a relatively high debt to equity ratio of 0.96.
- There are more long-term liabilities than short-term assets on the MLNK balance sheet.
- MLNK earnings of $19.56M is not sufficient to cover its interest payments.
- MLNK profit margin has gone down from 0.4% to -14% in the past year.
Do analysts think it's a good time to buy Meridianlink stock
Out of 4 sell side analysts who track MLNK, the consensus analyst rating on MLNK is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Meridianlink stock forecast page.
Metrics for Advanced MLNK Traders
Is MLNK Growing Revenue?
Last year, MLNK revenue was $303.62M. In the past four year, MLNK's revenue has gone up by 18.74% per year. This was slower than the Software - Application industry average of 27.59%.
You can analyze MLNK's earnings and revenue performance here.
Latest Insiders Trades at MLNK
In the last year, insiders at MLNK have sold more shares than they have bought.
Chris Maloof, President Go To Market of MLNK, was the latest MLNK insider to sell. They sold $543,536.24 worth of MLNK stock on Apr 10, 2024.
Research more about who owns MLNK stock here.
Can I get consistent income from MLNK stock?
No, Meridianlink doesn't provide an income stream by paying out dividends.
What others are saying about MLNK
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your MLNK trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you 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 price, use a limit order.
Press the Open button and eToro will place the order.
If you need additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your MLNK investment
Now that you own some MLNK stock, you'll want to keep up with your new investment.
Put MLNK on a watchlist to track your MLNK stock.
MLNK Feed
How to Buy Stock in Meridianlink
To summarize, here are the 6 steps for buying Meridianlink stock:
- Figure out where to buy Meridianlink stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Meridianlink stock
- Make your MLNK trade
- Get the latest news on your MLNK investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your investment in Meridianlink, get started below.
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