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How to Buy On24 Stock

On24 Inc

On24 is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker ONTF on the NYSE exchange.

On24 stock last closed at $5.52, up 0.18% from the previous day, and has decreased 35.44% in one year. It has underperformed other stocks in the Software - Application industry by 0.53 percentage points. On24 stock is currently +2.79% from its 52-week low of $5.37, and -39.24% from its 52-week high of $9.09.

There are currently 41.87M ONTF shares outstanding. The market cap of ONTF is $231.10M. In the last 24 hours, 217,004 ONTF shares were traded.

How to Buy On24 Stock

Not sure how to invest in On24 stock? Here's how.
  1. Choose where to buy On24 stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy On24 stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your information.
  4. Analyze On24 stock: The On24 ticker symbol is ONTF. Is On24 stock a good investment? Should you buy shares of ONTF? How do ONTF's underlying business fundamentals look? Do top analysts think On24 is a good buy? Why has ONTF's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ONTF is a good stock to buy).
  5. Make your ONTF trade: Decide if you will purchase ONTF shares at the current market price or use a limit order to purchase ONTF shares at a given price.
  6. Keep tabs on your ONTF investment: Create a watchlist to watch your new investment in On24 shares.

Step 1: Choose where to buy On24 stock

You need an online brokerage account in order to access the NYSE market and buy ONTF stock.

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

Our preferred brokerage: eToro

In our opinion, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by creating an account with eToro now.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to buy ONTF stock today.

How to Set Up a New Account on eToro

  1. Click here to get started.
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  2. Input your personal details to start a new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've opened your account on app for stock market, you can securely and quickly fund your account:

Watch the video below to see the process of depositing money into your new investment account.

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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.

Step 4: Analyze On24 stock

After you have chosen the best place to buy On24 stock, it's crucial to analyze their stock before you buy, so you actually wrap your head around the risk as well as the upside.

On24 shares at a glance

ONTF Price
$5.52
1w %
-2.47%
1y %
-35.44%
5y %
N/A
P/E
-5.31x
P/B
1.32x
P/S
1.44x
PEG
N/A
Revenue
$158.37M
Earnings
-$44.90M
Fore. Rev. Growth
-8.56%
Fore. Earn. Growth
N/A
Market Cap
$231.10M
Next Earnings
Aug 6, 2024
Next Dividend
N/A

Fundamentals of On24

WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.

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

Is ONTF stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ONTF's fair value.

Using relative valuations measures:

  • ONTF could be undervalued based on its P/B ratio of 1.32x, relative to Software - Application industry P/B ratio of 6.16x

You can access more valuation analysis on ONTF's stock here.

Is ONTF a healthy company?

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the ONTF balance sheet.
  • ONTF has $196.06M in cash and short term investments. This is sufficient to cover its annual cash burn of $8.94M.
  • There are more short-term assets than long-term liabilities on the ONTF balance sheet.
  • ONTF has cash burn of 8940000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Financial Indicators:

  • ONTF has a relatively high debt to equity ratio of 0.54.
  • ONTF profit margin has gone up by 0.04 percentage points in the past year, but the company is still unprofitable.

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

Out of 1 Equities analysts who research ONTF, the consensus analyst rating on ONTF is a Hold

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 projecting on the On24 stock forecast page.

ONTF Technical Indicators

SMA10
5.63
SMA20
5.85
SMA50
6.35
SMA100
6.8
SMA200
6.83
MACD
-0.25
MACD Signal
-0.24
MACD Histogram
-0.01
RSI
29.99
Stochastic %K
12.54
Stochastic %D
9.6
StochRSI %K
31.34
StochRSI %D
22.32

ONTF Performance Numbers

Last year, ONTF revenue was $158.37M. In the past 3 year, ONTF's revenue has increased by -50.82% per year. This was slower than the Software - Application industry average of 30.49%.

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

What are ONTF insiders up to?

Over the last year, executives and large shareholders at ONTF have sold more shares than they have bought.

Steven Vattuone, Chief Financial Officer of ONTF, was the latest ONTF insider to sell. They sold $54,421.88 worth of ONTF stock on Jun 6, 2024.

Get more info about who owns ONTF shares here.

Can I rely on ONTF as an income stream?

No, On24 doesn't provide an income stream by paying out dividends.

What others are saying about ONTF

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

Click below to learn what other traders have to say.

Step 5: Make your ONTF trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you 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.

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

If you need more assistance investing in stocks on eToro, click the how to video below:

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Step 6: Keep tabs on your ONTF investment

Now that you own some ONTF shares, you'll want to keep up with your new company.

Create a watchlist to monitor your ONTF stock.

ONTF Feed

How to Buy Stock in On24

To reiterate, here are the 6 steps to buy stock in On24:

  1. Choose where to buy On24 stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Analyze On24 stock
  5. Make your ONTF trade
  6. Keep tabs on your ONTF investment

If you need a brokerage, eToro is our favorite 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 want to monitor your new investment in On24, hit the button below to create your watchlist.

NYSE: ONTF
$5.52+0.01 (+0.18%)
Updated Jun 18, 2024
Open eToro Account
NYSE: ONTF
$5.52+0.01 (+0.18%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one On24 share?

As of Jun 18, 2024, it costs $5.52 to buy one share of On24 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 0.362 shares of ONTF.

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.

Is now a good time to buy On24 stock?

According to 1 Wall Street analysts who monitor On24, their consensus recommendation is to hold On24 stock.

What is the best way to buy On24 stock?

One way to place an order for On24 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.