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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 $5.75, up 1.23% from the previous day, and has decreased 41.21% in one year. It has underperformed other stocks in the Utilities - Diversified industry by 0.35 percentage points. Montauk Renewables stock is currently +5.31% from its 52-week low of $5.46, and -47.49% from its 52-week high of $10.95.

At the moment, there are 143.66M MNTK shares outstanding. The market capitalization of MNTK is $826.05M. In the last 24 hours, 207,341 MNTK shares were traded.

How to Buy Montauk Renewables Stock

Not sure how to invest in Montauk Renewables stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

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Step 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.

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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:

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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 Price
$5.75
1w %
-4.72%
1y %
-41.21%
5y %
N/A
P/E
52.27x
P/B
3.4x
P/S
4.59x
PEG
0.11x
Revenue
$177.74M
Earnings
$16.12M
Fore. Rev. Growth
27.42%
Fore. Earn. Growth
563.64%
Market Cap
$826.05M
Next Earnings
Mar 14, 2024
Next Dividend
N/A

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 overvalued based on its P/E ratio of 52.27x, relative to Utilities - Diversified industry P/E ratio of 28.62x
  • MNTK could be overvalued based on its P/B ratio of 3.4x, relative to Utilities - Diversified industry P/B ratio of 1.55x
  • MNTK could be undervalued based on its PEG ratio of 0.11x

You can do more valuation analysis on MNTK's stock here.

MNTK Financial Summary

Pros:

  • There are more short-term assets than long-term liabilities on the MNTK balance sheet.
  • MNTK has $73.33M in cash and short term investments. This is sufficient to cover its annual cash burn of $14.09M.
  • MNTK has cash burn of 14089000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the MNTK balance sheet.

Cons:

  • MNTK profit margin has gone down from 17.3% to 9.1% in the past year.
  • MNTK has a relatively high debt to equity ratio of 0.42.

Do analysts think it's a good time to buy MNTK stock

Out of 1 sell side analysts who give ratings on MNTK, the consensus analyst rating on MNTK is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Montauk Renewables stock forecast page.

MNTK Technicals

SMA10
6.01
SMA20
6.24
SMA50
7.38
SMA100
8.39
SMA200
8.38
MACD
-0.46
MACD Signal
-0.45
MACD Histogram
-0.01
RSI
31.86
Stochastic %K
7.14
Stochastic %D
7.01
StochRSI %K
26.71
StochRSI %D
26.35

MNTK Performance Metrics

Last year, MNTK earnings were $16.12M. During the last 1 years, MNTK's earnings have gone up by -56% per year. This was slower than the Utilities - Diversified industry average of 8.84%.

Last year, MNTK revenue was $177.74M. Over the past three year, MNTK's revenue has grown by 94.37% per year. This was faster than the Utilities - Diversified industry average of 11.41%.

Learn more about MNTK's earnings and revenue performance here.

Are MNTK insiders buying or selling the stock?

Over the past year, insiders 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 shares on Nov 24, 2023.

Learn more about who owns MNTK stock here.

Can I get consistent income from MNTK stock?

No, Montauk Renewables doesn't provide an income stream by paying out dividends.

What do other traders have to say about MNTK?

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Step 5: Execute your MNTK purchase

There are 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 sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Get the latest scoop on your MNTK investment

Now that you own some shares in MNTK, you'll want to stay up-to-date on your company.

Start a watchlist to track the latest developments regarding your MNTK stock.

MNTK Feed

How to Buy Stock in Montauk Renewables

To reiterate, here are the 6 steps for buying Montauk Renewables stock:

  1. Decide where to buy Montauk Renewables stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Evaluate Montauk Renewables stock
  5. Execute your MNTK purchase
  6. Get the latest scoop on your MNTK investment

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

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If you want to keep track of your new investment in Montauk Renewables, create a watchlist today.

NASDAQ: MNTK
$5.75+0.07 (+1.23%)
Updated Mar 1, 2024
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NASDAQ: MNTK
$5.75+0.07 (+1.23%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Montauk Renewables share?

As of Mar 1, 2024, it costs $5.75 to buy one share of Montauk Renewables stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.348 shares of MNTK.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Montauk Renewables stock?

According to 1 Wall Street analysts who monitor Montauk Renewables, their consensus recommendation is to buy Montauk Renewables stock.

What is the best way to buy Montauk Renewables stock?

One way to place an order for Montauk Renewables 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.