How to Buy Minim Stock
Minim Inc
Minim, Inc. , together with its subsidiaries, designs, develops, sells, and supports an Internet of Things security platform in North America and internationally.
Minim stock last closed at $3.54, down 2.21% from the previous day, and has increased 48.74% in one year. It has overperformed other stocks in the Communication Equipment industry by 0.67 percentage points. Minim stock is currently +488.04% from its 52-week low of $0.60, and -74.71% from its 52-week high of $14.00.
There are currently 2.97M shares of MINM outstanding. The market value of MINM is $10.50M. In the past 24 hours, 33,470 MINM shares were traded.
How to Buy Minim Stock
Wondering how to invest in Minim stock? Here's how.
- Decide where to buy Minim stock: You need to pick 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 Minim stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your payment method and add your info.
- Research Minim stock: The Minim ticker symbol is MINM. Is Minim stock a good investment? Should you buy shares of MINM? How do MINM's underlying business fundamentals look? Do top analysts think Minim is a good buy? Why has MINM's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if MINM is a good stock to buy).
- Execute your MINM trade: Decide if you will purchase MINM shares at the current market price or use a limit order to purchase MINM stock at a given price.
- Get updates on your MINM investment: Create a watchlist to important updates regarding your investment in Minim stock.
Step 1: Decide where to buy Minim stock
You will need an online brokerage account in order to access the NASDAQ market and buy MINM stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to buy MINM 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.
- Enter your personal data to start your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Research Minim stock
Once you have decided on the best place to buy Minim stock, it's very important to research their stock before you buy, so you actually comprehend the risk and upside.
Minim quick stats
Minim Due Diligence Checks
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MINM's stock page.
Is MINM stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge MINM's true value.
Using relative valuations methods:
- MINM could be overvalued based on its P/B ratio of 90.58x, relative to Communication Equipment industry P/B ratio of 2.68x
You can do additional valuation research on MINM's stock here.
How do MINM Financials look?
Signs that MINM is financially healthy:
- There are more short-term assets than long-term liabilities on the MINM balance sheet.
- MINM's operating cash flow of $4.85M allows it to safely service it's debt of $22.51k.
Signs that MINM is not financially healthy:
- MINM profit margin has gone down from -30.7% to -67.5% in the past year.
- MINM has a relatively high debt to equity ratio of 105.63.
- Total MINM debt is higher than 5 years ago, relative to shareholder equity.
- MINM earnings of -$17.21M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the MINM balance sheet.
Metrics for Advanced MINM Traders
MINM Performance Metrics
Last year, MINM revenue was $26.11M. In the last five year, MINM's revenue has increased by -4.18% per year. This was slower than the Communication Equipment industry average of 3.95%.
Learn more about MINM's earnings and revenue performance here.
Are MINM executives and large shareholders buying or selling the stock?
Over the last year, insiders at MINM have bought more shares than they have sold.
Elizabeth Cash Hitchcock, 10% Owner of MINM, was the latest MINM insider to buy. They bought $1,122,447.93 worth of MINM shares on Dec 6, 2023.
Research more about who owns MINM stock here.
Does MINM provide a stable income stream?
No, Minim doesn't provide an income stream by paying out dividends.
What do other investors have to say about MINM?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your MINM trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you need more help investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your MINM investment
Now that you own some MINM stock, you'll want to keep up with your new company.
Create a watchlist to get notified of the latest news about your MINM stock.
MINM Feed
How to Buy Stock in Minim
To reiterate, here are the 6 steps you need to take to buy Minim stock right now:
- Decide where to buy Minim stock
- Open a brokerage account
- Put funds into your investment account
- Research Minim stock
- Execute your MINM trade
- Get updates on your MINM investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Minim, add MINM to your watchlist by clicking the button below.
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