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How to Buy Paltalk Stock

Paltalk Inc

Paltalk, Inc. , together with its subsidiaries, develops communications software and multimedia social applications worldwide.

Paltalk stock last closed at $4.28, up 0% from the previous day, and has increased 76.86% in one year. It has overperformed other stocks in the Software - Application industry by 0.56 percentage points. Paltalk stock is currently +179.74% from its 52-week low of $1.53, and -17.53% from its 52-week high of $5.19.

There are currently 9.22M PALT shares outstanding. The market capitalization of PALT is $39.47M. In the past 24 hours, 40,861 PALT shares were traded.

How to Buy Paltalk Stock

Wondering how to invest in Paltalk stock? Here's how.
  1. Choose where to buy Paltalk stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Paltalk stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your payment method and add your info.
  4. Analyze Paltalk stock: The Paltalk ticker symbol is PALT. Is Paltalk stock a good investment? Should you buy shares of PALT? How do PALT's underlying business fundamentals look? Do top analysts think Paltalk is a good buy? Why has PALT's stock price moved recently? (Hint: Our stock market analysis website can help you decide if PALT is a good stock to buy).
  5. Place your PALT purchase: Decide if you will purchase PALT shares at the current market price or use a limit order to buy PALT shares at a given price.
  6. Monitor your PALT investment: Create a watchlist to watch your new investment in Paltalk shares.

Step 1: Choose where to buy Paltalk stock

You need a brokerage account to access the NASDAQ market and buy PALT shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best online stock brokerage. eToro gives you:

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Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy PALT stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Input your personal data to open your new trading account.
  1. Send your data by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on apps for stocks, you can securely and quickly fund your account:

Watch the tutorial below if you need help depositing funds into your brokerage account.

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Step 4: Analyze Paltalk stock

Once you have selected the best place to buy Paltalk stock, it's important to analyze their stock prior to buying, so you can understand the risk as well as the upside.

Paltalk quick stats

PALT Price
$4.28
1w %
14.9%
1y %
76.86%
5y %
8.91%
P/E
-47.56x
P/B
2x
P/S
3.58x
PEG
N/A
Revenue
$11.01M
Earnings
-$821.34k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$39.47M
Next Earnings
Aug 6, 2024
Next Dividend
N/A

Fundamentals of PALT

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

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

What is the fair value of PALT stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge PALT's true value.

Using relative valuations ratios:

  • PALT may be undervalued based on its P/B ratio of 2x, relative to Software - Application industry P/B ratio of 6.28x

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

PALT Financials at a glance

Pros:

  • PALT profit margin has gone up from -32.1% to -7.5% in the past year.
  • PALT has a low debt to equity ratio of 0.17.
  • PALT has $13.05M in cash and short term investments. This is sufficient to cover its annual cash burn of $797.47k.
  • There are more short-term assets than long-term liabilities on the PALT balance sheet.
  • There are more short-term assets than short-term liabilities on the PALT balance sheet.
  • PALT has cash burn of 797474. It has enough cash and short-term investments to cover this for at least one year.
  • Total PALT debt is lower than 5 years ago, relative to shareholder equity.

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

Out of 1 Wall Street analysts who monitor PALT, the consensus analyst rating on PALT is a Strong 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 saying on the Paltalk stock forecast page.

PALT Technical Indicators

SMA10
3.83
SMA20
3.71
SMA50
3.57
SMA100
3.86
SMA200
2.99
MACD
0.16
MACD Signal
0.1
MACD Histogram
0.06
RSI
71.57
Stochastic %K
76.52
Stochastic %D
72.91
StochRSI %K
84.1
StochRSI %D
79.22

PALT Growth Numbers

Last year, PALT revenue was $11.01M. During the last 5 year, PALT's revenue has gone up by -12.22% per year. This was slower than the Software - Application industry average of 30.29%.

Find out more about PALT's earnings and revenue performance here.

Who is buying/selling PALT?

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

Crew Delaware Trust B. J., 10% Owner of PALT, was the latest PALT insider to sell. They sold $74.25 worth of PALT shares on Mar 14, 2024.

Dig into more about who owns PALT shares here.

Can I get consistent income from PALT stock?

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

What others are saying about PALT

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 traders have to say.

Step 5: Place your PALT purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price, use a limit order.

Hit the Open button and eToro will place your order.

If you need more info about buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Monitor your PALT investment

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

Put PALT on a watchlist to see the latest developments about your PALT stock.

PALT Feed

How to Buy Stock in Paltalk

To summarize, here are the 6 steps for buying Paltalk stock:

  1. Choose where to buy Paltalk stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Paltalk stock
  5. Place your PALT purchase
  6. Monitor your PALT investment

If you require a place to buy stocks, 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 watch your investment in Paltalk, create a watchlist today.

NASDAQ: PALT
$4.28+0.00 (+0%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: PALT
$4.28+0.00 (+0%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Paltalk share?

As of Jun 21, 2024, it costs $4.28 to buy one share of Paltalk 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 0.467 shares of PALT.

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 Paltalk stock?

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

What is the best way to buy Paltalk stock?

One way to place an order for Paltalk 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.