How to Buy Moneylion Stock
Moneylion Inc
Fusion Acquisition Corp. focuses on entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Moneylion stock last closed at $86.70, up 0.87% from the previous day, and has increased 53.37% in one year. It has overperformed other stocks in the Software - Application industry by 0.31 percentage points. Moneylion stock is currently +136.56% from its 52-week low of $36.65, and -18.84% from its 52-week high of $106.82.
As of Jan 15, 2025, there are 11.1M shares of ML outstanding. The market capitalization of ML is $962.48M. In the past 24 hours, 114,596 ML shares were traded.
How to Buy Moneylion Stock
Not sure how to invest in Moneylion stock? Here's how.
- Figure out where to buy Moneylion 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 Moneylion stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Research Moneylion stock: The Moneylion ticker symbol is ML. Is Moneylion stock a good investment? Should you buy shares of ML? How do ML's underlying business fundamentals look? Do top analysts think Moneylion is a good buy? Why has ML's stock price moved recently? (Hint: Our stock analysis website can help you understand if ML is a good stock to buy).
- Place your ML purchase: Decide if you will purchase ML shares at the current market price or use a limit order to purchase ML stock at a specific price.
- Get updates on your investment in ML: Create a watchlist to key updates about your investment in Moneylion shares.
Step 1: Figure out where to buy Moneylion stock
You need an online brokerage account to access the NYSE market and buy ML stock.
Our preferred brokerage: eToro
We believe that eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy 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 crypto trades of other investors.
- 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 signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you can invest in ML stock today.
How to Open 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 start your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on apps for stocks, you need to deposit funds:
Watch the video below to see the process of transferring money into your new investment account.
Step 4: Research Moneylion stock
Once you have chosen the best place to buy Moneylion stock, it's very important to research their stock prior to investing, so you actually comprehend the risk as well as the upside.
Moneylion Metrics
ML Due Diligence Checks
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on ML's stock page.
Is ML stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ML's true value.
Using relative valuations measures:
- ML may be overvalued based on its P/E ratio of 228.16x, relative to Software - Application industry P/E ratio of 32.02x
- ML could be undervalued based on its P/B ratio of 3.41x, relative to Software - Application industry P/B ratio of 7.71x
- ML may be undervalued based on its PEG ratio of 0.31x
You can access additional valuation analysis on ML's stock here.
A look at ML Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- ML profit margin has gone up from -43.7% to 0.6% in the past year.
- ML's operating cash flow of $184.01M allows it to safely service it's debt of $171.09M.
Failed Financial Due Diligence Checks:
- ML earnings of $29.90M is not enough to cover its interest payments.
- ML has a relatively high debt to equity ratio of 0.88.
Is it a good time to buy ML stock, according to analysts?
Out of 3 sell side analysts who monitor ML, the consensus analyst rating on ML is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Moneylion stock forecast page.
ML Trading Indicators
Is ML Growing Revenue?
Last year, ML earnings were $3.23M. During the past 2 year, ML's earnings have grown by -78.46% per year. This was slower than the Software - Application industry average of 109.45%.
Last year, ML revenue was $500.28M. Over the last three year, ML's revenue has increased by 137.91% per year. This was faster than the Software - Application industry average of 28.76%.
You can analyze ML's earnings and revenue performance here.
Latest Insiders Trades at ML
In the past 12 months, insiders at ML have sold more shares than they have bought.
Timmie Hong, Chief Product Officer of ML, was the latest ML insider to sell. They sold $404,321.98 worth of ML shares on Dec 16, 2024.
Get more info about who owns ML shares here.
Does ML provide a stable income stream?
No, Moneylion doesn't provide an income stream by paying out dividends.
What others are saying about ML
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your ML purchase
There are two main order types:
- 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. - 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 an exact dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in ML
Now that you own some ML shares, you'll want to keep up with your investment.
Start a watchlist to get the latest updates about your ML stock.
ML Feed
How to Buy Stock in Moneylion
To reiterate, here are the 6 steps to buy stock in Moneylion:
- Figure out where to buy Moneylion stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Moneylion stock
- Place your ML purchase
- Get updates on your investment in ML
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Moneylion, create a watchlist on WallStreetZen today.
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