How to Buy Meta Materials Stock
Meta Materials Inc
Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites.
Meta Materials stock last closed at $2.62, down 3.68% from the previous day, and has decreased 87.98% in one year. It has underperformed other stocks in the Electronic Components industry by 0.95 percentage points. Meta Materials stock is currently +45.56% from its 52-week low of $1.80, and -91% from its 52-week high of $29.12.
At the moment, there are 6.31M MMAT shares outstanding. The market capitalization of MMAT is $16.53M. In the last 24 hours, 87,781 MMAT shares were traded.
How to Buy Meta Materials Stock
Wondering how to invest in Meta Materials stock? Here's how.
- Decide where to buy Meta Materials stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Meta Materials stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your info.
- Research Meta Materials stock: The Meta Materials ticker symbol is MMAT. Is Meta Materials stock a good investment? Should you buy shares of MMAT? How do MMAT's underlying business fundamentals look? Do top analysts think Meta Materials is a good buy? Why has MMAT's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if MMAT is a good stock to buy).
- Make your MMAT purchase: Decide if you will purchase MMAT shares at the current market price or use a limit order to purchase MMAT stock at a specific price.
- Get notifications regarding your MMAT position: Create a watchlist to keep tabs on your position in Meta Materials stock.
Step 1: Decide where to buy Meta Materials stock
You need an online brokerage account in order to access the NASDAQ market and buy MMAT shares.
Our favorite brokerage: eToro
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- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you can invest in MMAT today.
How to Set Up a New Brokerage 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 trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on the stocks app, you need to deposit funds:
Watch the walkthrough below to see the process of depositing funds into your new investment account.
Step 4: Research Meta Materials stock
Once you have decided on the best place to buy Meta Materials stock, it's crucial to research their stock prior to buying, so you can wrap your head around the risk and upside.
Meta Materials Numbers
Meta Materials Overview
WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on MMAT's stock page.
Is MMAT stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MMAT's intrinsic value.
Using relative valuations ratios:
- MMAT could be undervalued based on its P/B ratio of 0.75x, relative to Electronic Components industry P/B ratio of 3.4x
You can access additional valuation research on MMAT's stock here.
A look at MMAT Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the MMAT balance sheet.
Failed Financial Due Diligence Checks:
- Total MMAT debt is higher than 5 years ago, relative to shareholder equity.
- MMAT has cash burn of 50590000. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the MMAT balance sheet.
- MMAT has a relatively high debt to equity ratio of 1.52.
- MMAT has $10.30M in cash and short term investments. This is not sufficient to cover its annual cash burn of $50.59M.
- MMAT profit margin has gone down from -775.5% to -4,999.4% in the past year.
You can dive deeper into what analysts are saying on the Meta Materials stock forecast page.
MMAT Momentum
How are MMAT Revenues/Earnings doing?
Last year, MMAT revenue was $7.97M. During the last 5 year, MMAT's revenue has increased by 44.09% per year. This was faster than the Electronic Components industry average of 6.15%.
Dive into MMAT's earnings and revenue performance here.
Who is buying/selling MMAT?
Over the past 12 months, executives and large shareholders at MMAT have bought more shares than they have sold.
Georgios Palikaras, CEO and President of MMAT, was the latest MMAT insider to buy. They bought $22,700.00 worth of MMAT shares on Aug 16, 2023.
Get more info about who owns MMAT shares here.
Can I get consistent income from MMAT stock?
No, Meta Materials doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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: Make your MMAT purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and your broker will place your order.
If you need more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your MMAT position
Now that you own some shares in MMAT, you'll want to stay up-to-date on your new investment.
Make a watchlist to monitor your MMAT stock.
MMAT Feed
How to Buy Stock in Meta Materials
To reiterate, here are the 6 steps to buy stock in Meta Materials:
- Decide where to buy Meta Materials stock
- Create your brokerage account
- Deposit money your investment account
- Research Meta Materials stock
- Make your MMAT purchase
- Get notifications regarding your MMAT position
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Meta Materials, add MMAT to your watchlist by clicking the button below.
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