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 $3.13, up 7.93% from the previous day, and has decreased 25.92% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.01 percentage points. Minim stock is currently +419.93% from its 52-week low of $0.60, and -77.64% from its 52-week high of $14.00.
At the moment, there are 1.9M MINM shares outstanding. The market capitalization of MINM is $5.94M. In the last 24 hours, 157,179 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 an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Minim stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment 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 figure out 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 particular price.
- Get updates on your MINM investment: Create a watchlist to get live updates on your new investment in Minim shares.
Step 1: Decide where to buy Minim stock
You will need an online brokerage account to access the NASDAQ market and buy MINM shares.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you can buy MINM stock today.
How to Set Up 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.
- Enter your personal details to start your new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on app for stock market, your next step is to transfer the money for your investment:
Watch the video below if you need help depositing money into your new brokerage account.
Step 4: Research Minim stock
After you have figured out the best place to buy Minim stock, it's very important to analyze their stock prior to buying, so you actually wrap your head around the risk and upside.
Overview of key MINM info
Minim Fundamentals
WallStreetZen was created to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on MINM's stock page.
Is MINM stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge MINM's fair value.
Using relative valuations ratios:
- MINM may be undervalued based on its P/B ratio of 0.86x, relative to Communication Equipment industry P/B ratio of 2.89x
You can access more valuation research on MINM's stock here.
Is MINM a healthy company?
Signs that MINM is financially healthy:
- There are more short-term assets than long-term liabilities on the MINM balance sheet.
- MINM has $781.63k in cash and short term investments. This is sufficient to cover its annual cash burn of $1.76M.
- There are more short-term assets than short-term liabilities on the MINM balance sheet.
Signs that MINM is not financially healthy:
- Total MINM debt is higher than 5 years ago, relative to shareholder equity.
- MINM has cash burn of 1756772. It does not have sufficient cash and short-term investments to cover this.
- MINM profit margin has gone down from -13.7% to -43% in the past year.
- MINM has a relatively high debt to equity ratio of 2.3.
You can dive deeper into what analysts are projecting on the Minim stock forecast page.
Metrics for Advanced MINM Traders
MINM Growth Metrics
Last year, MINM revenue was $42.41M. During the past five year, MINM's revenue has grown by 4.95% per year. This was faster than the Communication Equipment industry average of 3.86%.
Dig into MINM's earnings and revenue performance here.
Who is buying/selling MINM?
In the last year, executives and large shareholders at MINM have not bought or sold any shares.
Research more about who owns MINM shares here.
Can I rely on MINM as an income stream?
No, Minim doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your MINM trade
There are two primary types of orders:
- 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 the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your MINM investment
Now that you own some MINM shares, you'll want to keep up with your new investment.
Make a watchlist to keep tabs on your MINM stock.
MINM Feed
How to Buy Stock in Minim
To summarize, here are the 6 steps to buy Minim stock:
- 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 need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Minim, create your watchlist below.
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