How to Buy Onespan Stock
Onespan Inc
OneSpan Inc. , together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide.
Onespan stock last closed at $10.79, down 1.46% from the previous day, and has decreased 33.11% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.52 percentage points. Onespan stock is currently +41.23% from its 52-week low of $7.64, and -37.27% from its 52-week high of $17.20.
There are currently 37.79M shares of OSPN outstanding. The market value of OSPN is $407.75M. In the last 24 hours, 182,183 OSPN shares were traded.
How to Buy Onespan Stock
Not sure how to invest in Onespan stock? Here's how.
- Decide where to buy Onespan stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Onespan stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your information.
- Evaluate Onespan stock: The Onespan ticker symbol is OSPN. Is Onespan stock a good investment? Should you buy shares of OSPN? How do OSPN's underlying business fundamentals look? Do top analysts think Onespan is a good buy? Why has OSPN's stock price moved recently? (Hint: Our stock analysis website can help you understand if OSPN is a good stock to buy).
- Place your OSPN purchase: Decide if you will purchase OSPN shares at the current market price or use a limit order to buy OSPN shares at a specific price.
- Get updates on your investment in OSPN: Create a watchlist to important updates regarding your new investment in Onespan stock.
Step 1: Decide where to buy Onespan stock
You need an online brokerage account to access the NASDAQ market and buy OSPN shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal information so you can buy OSPN stock today.
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- 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.
- Enter your personal details to open your new trading account.
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Step 3: Put funds into your investment account
Now that you have opened your account on one of the most highly reviewed stock apps, you need to deposit funds:
Watch the tutorial below for more details depositing funds into your investment account.
Step 4: Evaluate Onespan stock
Once you have decided on the best place to buy Onespan stock, it's crucial to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.
Onespan quick stats
OSPN Fundamentals
WallStreetZen was created to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on OSPN's stock page.
How is OSPN stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge OSPN's fair value.
Using relative valuations measures:
- OSPN could be undervalued based on its P/B ratio of 2.56x, relative to Software - Infrastructure industry P/B ratio of 11.33x
You can access more valuation analysis on OSPN's stock here.
OSPN Financial Health Overview
Positive Health Checks:
- OSPN has cash burn of 23219000. 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 OSPN balance sheet.
- There are more short-term assets than short-term liabilities on the OSPN balance sheet.
- OSPN has $43.53M in cash and short term investments. This is enough to cover its annual cash burn of $23.22M.
Negative Health Checks:
- OSPN has a relatively high debt to equity ratio of 0.82.
- OSPN profit margin has gone down from -6.6% to -12.7% in the past year.
- Total OSPN debt is higher than 5 years ago, relative to shareholder equity.
Is OSPN stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Wall Street analysts who give recommendations on OSPN, the consensus analyst rating on Onespan is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Onespan stock forecast page.
OSPN Trading Indicators
Is OSPN Making Money?
Last year, OSPN revenue was $235.11M. In the past 5 year, OSPN's revenue has increased by 2.15% per year. This was slower than the Software - Infrastructure industry average of 17.29%.
Learn more about OSPN's earnings and revenue performance here.
What are OSPN executives and large shareholders up to?
In the past year, insiders at OSPN have sold more shares than they have bought.
Jorge Garcia Martell, Chief Financial Officer of OSPN, was the latest OSPN insider to sell. They sold $50,460.00 worth of OSPN stock on Mar 15, 2024.
Get more info about who owns OSPN shares here.
Can I rely on OSPN as an income stream?
No, Onespan doesn't provide an income stream by paying out dividends.
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Step 5: Place your OSPN purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
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, use a limit order.
Press the Open button and your broker will execute your order.
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Step 6: Get updates on your investment in OSPN
Now that you own some OSPN shares, you'll want to keep up with your new stock purchase.
Put OSPN on a watchlist to keep tabs on your OSPN stock.
OSPN Feed
How to Buy Stock in Onespan
To summarize, here are the 6 steps you need to take to buy Onespan stock right now:
- Decide where to buy Onespan stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Onespan stock
- Place your OSPN purchase
- Get updates on your investment in OSPN
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Onespan, hit the button below to create your watchlist.
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