Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments.
Motorsport Games stock last closed at $2.11, up 2.43% from the previous day, and has decreased 61.91% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.68 percentage points. Motorsport Games stock is currently +4.46% from its 52-week low of $2.02, and -76.24% from its 52-week high of $8.88.
There are currently 3.42M MSGM shares outstanding. The market cap of MSGM is $7.22M. In the last 24 hours, 3309 MSGM shares were traded.
How to Buy Motorsport Games Stock
Wondering how to invest in Motorsport Games stock? Here's how.
Figure out where to buy Motorsport Games stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Motorsport Games stock.
Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Put funds into your investment account: Select your method of payment and add your information.
Evaluate Motorsport Games stock: The Motorsport Games ticker symbol is MSGM. Is Motorsport Games stock a good investment? Should you buy shares of MSGM? How do MSGM's underlying business fundamentals look? Do top analysts think Motorsport Games is a good buy? Why has MSGM's stock price moved recently? (Hint: Our stock market research website can help you figure out if MSGM is a good stock to buy).
Place your MSGM purchase: Decide if you will purchase MSGM shares at the current market price or use a limit order to purchase MSGM stock at a specific price.
Keep tabs on your MSGM position: Create a watchlist to important notifications about your new investment in Motorsport Games shares.
Step 1: Figure out where to buy Motorsport Games stock
You need an online brokerage account to access the NASDAQ market and buy MSGM stock.
A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to buy MSGM today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Motorsport Games stock
Once you have decided on the best place to buy Motorsport Games stock, it's very important to research their stock prior to investing, so you actually understand the risk and upside.
Motorsport Games stock data
MSGM Price
$2.11
1w %
-6.22%
1y %
-61.91%
5y %
N/A
P/E
-0.2x
P/B
17.51x
P/S
0.64x
PEG
N/A
Revenue
$8.93M
Earnings
-$21.69M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$7.22M
Next Earnings
May 9, 2024
Next Dividend
N/A
MSGM Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis quickly.
MSGM has $1.18M in cash and short term investments. This is enough to cover its annual cash burn of $12.75M.
Negative Health Checks:
MSGM has a relatively high debt to equity ratio of 26.46.
MSGM profit margin has gone up by 0.15 percentage points in the past year, but the company is still unprofitable.
There are more short-term liabilities than short-term assets on the MSGM balance sheet.
There are more long-term liabilities than short-term assets on the MSGM balance sheet.
MSGM has cash burn of 12754679. It does not have enough cash and short-term investments to cover this.
Metrics for Advanced MSGM Traders
SMA10
2.17
SMA20
2.2
SMA50
2.38
SMA100
2.49
SMA200
3.27
MACD
-0.07
MACD Signal
-0.07
MACD Histogram
0
RSI
40.39
Stochastic %K
22.75
Stochastic %D
26.7
StochRSI %K
33.73
StochRSI %D
50.6
How is MSGM performing as a company?
Last year, MSGM revenue was $8.93M. During the last 3 year, MSGM's revenue has grown by -80.12% per year. This was slower than the Electronic Gaming & Multimedia industry average of 19.72%.
No, Motorsport Games doesn't provide an income stream by paying out dividends.
What others are saying about MSGM
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Step 5: Place your MSGM purchase
You have two main options:
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 lets you buy or sell a security at a specific price (or better). If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and eToro will execute the order.
If you need more info about investing in stocks on eToro, watch the helpful video below:
How much does it cost to buy one Motorsport Games share?
As of Mar 28, 2024, it costs $2.11 to buy one share of Motorsport Games stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.474 shares of MSGM.
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.