How to Buy Montauk Renewables Stock
Montauk Renewables Inc
Montauk Renewables, Inc. , a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources.
Montauk Renewables stock last closed at $3.65, up 1.11% from the previous day, and has decreased 47.41% in one year. It has underperformed other stocks in the Utilities - Diversified industry by 0.37 percentage points. Montauk Renewables stock is currently +7.99% from its 52-week low of $3.38, and -66.67% from its 52-week high of $10.95.
At the moment, there are 143.7M MNTK shares outstanding. The market capitalization of MNTK is $524.50M. In the last 24 hours, 263,071 MNTK shares were traded.
How to Buy Montauk Renewables Stock
Not sure how to invest in Montauk Renewables stock? Here's how.
- Decide where to buy Montauk Renewables stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Montauk Renewables stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your information.
- Evaluate Montauk Renewables stock: The Montauk Renewables ticker symbol is MNTK. Is Montauk Renewables stock a good investment? Should you buy shares of MNTK? How do MNTK's underlying business fundamentals look? Do top analysts think Montauk Renewables is a good buy? Why has MNTK's stock price moved recently? (Hint: Our stock research tools can help you understand if MNTK is a good stock to buy).
- Execute your MNTK purchase: Decide if you will purchase MNTK shares at the current market price or use a limit order to purchase MNTK stock at a particular price.
- Get the latest scoop on your MNTK investment: Create a watchlist to keep tabs on your investment in Montauk Renewables shares.
Step 1: Decide where to buy Montauk Renewables stock
You will need a brokerage account to access the NASDAQ market and buy MNTK shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero 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.
- Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to buy MNTK today.
How to Open 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.
- Input your personal data to create your new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on our top ranked stock app, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Evaluate Montauk Renewables stock
After you have selected the best place to buy Montauk Renewables stock, it's absolutely critical to research their stock before you invest, so you truly understand the risk and opportunity.
Montauk Renewables shares quick numbers
MNTK Fundamentals
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on MNTK's stock page.
Is MNTK stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MNTK's true value.
Using relative valuations measures:
- MNTK may be undervalued based on its P/E ratio of 33.18x, relative to Utilities - Diversified industry P/E ratio of 42.24x
- MNTK could be overvalued based on its P/B ratio of 2.1x, relative to Utilities - Diversified industry P/B ratio of 1.59x
- MNTK could be undervalued based on its PEG ratio of 0.07x
You can do more valuation analysis on MNTK's stock here.
MNTK Financial Summary
Pros:
- Total MNTK debt is lower than 5 years ago, relative to shareholder equity.
- MNTK has $73.82M in cash and short term investments. This is sufficient to cover its annual cash burn of $22.04M.
- MNTK has cash burn of 22036000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the MNTK balance sheet.
- There are more short-term assets than short-term liabilities on the MNTK balance sheet.
Cons:
- MNTK has a relatively high debt to equity ratio of 0.4.
- MNTK profit margin has gone down from 17.1% to 8.5% in the past year.
Do Wall Street analysts think it's a good time to buy Montauk Renewables stock
Out of 2 sell side analysts who track MNTK, the consensus analyst rating on Montauk Renewables is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Montauk Renewables stock forecast page.
MNTK Trading Indicators
MNTK Performance Numbers
Last year, MNTK earnings were $14.95M. Over the past 1 years, MNTK's earnings have gone up by -56% per year. This was slower than the Utilities - Diversified industry average of 7.85%.
Last year, MNTK revenue was $174.90M. In the last 5 year, MNTK's revenue has grown by 8.73% per year. This was slower than the Utilities - Diversified industry average of 10.53%.
Dig into MNTK's earnings and revenue performance here.
Latest Insiders Trades at MNTK
In the last 12 months, executives and large shareholders at MNTK have sold more shares than they have bought.
Sharon R. Frank, VP Environ. Health Safety of MNTK, was the latest MNTK insider to sell. They sold $24,161.22 worth of MNTK stock on Nov 24, 2023.
Research more about who owns MNTK shares here.
Does MNTK stock generate passive income?
No, Montauk Renewables doesn't provide an income stream by paying out dividends.
What do other investors have to say about MNTK?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your MNTK purchase
You have two primary 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 usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your MNTK investment
Now that you own some shares in MNTK, you'll want to keep up with your investment.
Make a watchlist to monitor your MNTK stock.
MNTK Feed
How to Buy Stock in Montauk Renewables
To reiterate, here are the 6 steps you need to take to buy Montauk Renewables stock right now:
- Decide where to buy Montauk Renewables stock
- Open your brokerage account
- Fund your investment account
- Evaluate Montauk Renewables stock
- Execute your MNTK purchase
- Get the latest scoop on your MNTK investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your investment in Montauk Renewables, add MNTK to your watchlist by clicking the button below.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.