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How to Buy Mobile Global Esports Stock

Mobile Global Esports Inc

Mobile Global Esports Inc. operates in the esports business. It organizes and commercializes various virtual esports tournaments in India. The company was formerly known as Elite Esports, Inc.

Mobile Global Esports stock last closed at $0.13, down 11.11% from the previous day, and has decreased 83.16% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.79 percentage points. Mobile Global Esports stock is currently +10.34% from its 52-week low of $0.12, and -87.07% from its 52-week high of $0.99.

At the moment, there are 21.24M shares of MGAM outstanding. The market capitalization of MGAM is $2.72M. In the past 24 hours, 1.28M MGAM shares were traded.

How to Buy Mobile Global Esports Stock

Wondering how to invest in Mobile Global Esports stock? Here's how.
  1. Decide where to buy Mobile Global Esports stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Mobile Global Esports stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your method of payment and add your details.
  4. Analyze Mobile Global Esports stock: The Mobile Global Esports ticker symbol is MGAM. Is Mobile Global Esports stock a good investment? Should you buy shares of MGAM? How do MGAM's underlying business fundamentals look? Do top analysts think Mobile Global Esports is a good buy? Why has MGAM's stock price moved recently? (Hint: Our stock research website can help you decide if MGAM is a good stock to buy).
  5. Place your MGAM trade: Decide if you will purchase MGAM shares at the current market price or use a limit order to buy MGAM stock at a particular price.
  6. Get the latest scoop on your investment in MGAM: Create a watchlist to keep track of your investment in Mobile Global Esports shares.

Step 1: Decide where to buy Mobile Global Esports stock

You will need an online brokerage account in order to access the NASDAQ market and buy MGAM stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal information so you can invest in MGAM today.

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  2. Enter your personal info to open your new trading account.
  1. Submit your application by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've finished signing up on one of the most highly reviewed stock trading apps, you need to deposit funds:

Watch this video walkthrough for more details transferring funds into your investment account.

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Step 4: Analyze Mobile Global Esports stock

After you have figured out the best place to buy Mobile Global Esports stock, it's critical to research their stock before you invest, so you actually understand the risk as well as the upside.

Mobile Global Esports shares data

MGAM Price
$0.13
1w %
5.79%
1y %
-83.16%
5y %
N/A
P/E
-0.4x
P/B
0.88x
P/S
N/A
PEG
N/A
Revenue
$4.96k
Earnings
-$6.77M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$2.72M
Next Earnings
May 29, 2024
Next Dividend
N/A

Mobile Global Esports Overview

WallStreetZen was designed to help average investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on MGAM's stock page.

How is MGAM stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge MGAM's intrinsic value.

Using relative valuations measures:

  • MGAM could be undervalued based on its P/B ratio of 0.88x, relative to Electronic Gaming & Multimedia industry P/B ratio of 3.98x

You can access additional valuation analysis on MGAM's stock here.

MGAM Financial Summary

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the MGAM balance sheet.
  • There are more short-term assets than long-term liabilities on the MGAM balance sheet.
  • MGAM has a low debt to equity ratio of 0.1.

Failed Financial Due Diligence Checks:

  • MGAM has cash burn of 4153813. It does not have enough cash and short-term investments to cover this.
  • MGAM has $3.17M in cash and short term investments. This is not sufficient to cover its annual cash burn of $4.15M.
  • MGAM profit margin has gone down from N/A to -136,505.1% in the past year.

MGAM Trading Indicators

SMA10
0.15
SMA20
0.17
SMA50
0.2
SMA100
0.26
SMA200
0.35
MACD
-0.02
MACD Signal
-0.02
MACD Histogram
0
RSI
38.63
Stochastic %K
11.91
Stochastic %D
18.88
StochRSI %K
55.31
StochRSI %D
65.44

Who is buying/selling MGAM?

In the past 12 months, executives and large shareholders at MGAM have not bought or sold any shares.

Dig into more about who owns MGAM shares here.

Can I get consistent income from MGAM stock?

No, Mobile Global Esports doesn't provide an income stream by paying out dividends.

MGAM Social Trading Data

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

Click below to see what other community members have to say.

Step 5: Place your MGAM trade

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally sufficient.
  • 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, use a limit order.

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

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Step 6: Get the latest scoop on your investment in MGAM

Now that you own some MGAM stock, you'll want to stay up-to-date on your shares.

Make a watchlist to get notified of important updates regarding your MGAM stock.

MGAM Feed

How to Buy Stock in Mobile Global Esports

To summarize, here are the 6 steps to buy Mobile Global Esports stock:

  1. Decide where to buy Mobile Global Esports stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Mobile Global Esports stock
  5. Place your MGAM trade
  6. Get the latest scoop on your investment in MGAM

If you need a brokerage, eToro is our recommended venue.

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.

If you would like to get the latest scoop on your new investment in Mobile Global Esports, hit the button below to create your watchlist.

NASDAQ: MGAM
$0.13-0.02 (-11.11%)
Updated Apr 15, 2024
Open eToro Account
NASDAQ: MGAM
$0.13-0.02 (-11.11%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mobile Global Esports share?

As of Apr 15, 2024, it costs $0.13 to buy one share of Mobile Global Esports stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.06, you can buy 0.5 shares of MGAM.

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.

What is the best way to buy Mobile Global Esports stock?

One way to place an order for Mobile Global Esports 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.