How to Buy Parazero Technologies Stock
Parazero Technologies Ltd
ParaZero Technologies Ltd. , an aerospace company, engages in the design, development, manufacturing, distribution, and sale of autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally.
Parazero Technologies stock last closed at $2.06, up 13.19% from the previous day, and has increased 184.92% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 1.66 percentage points. Parazero Technologies stock is currently +320.41% from its 52-week low of $0.49, and -34.81% from its 52-week high of $3.16.
There are currently 11.16M PRZO shares outstanding. The market value of PRZO is $22.99M. In the last 24 hours, 5.67M PRZO shares were traded.
How to Buy Parazero Technologies Stock
Not sure how to invest in Parazero Technologies stock? Here's how.
- Figure out where to buy Parazero Technologies stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Parazero Technologies stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Analyze Parazero Technologies stock: The Parazero Technologies ticker symbol is PRZO. Is Parazero Technologies stock a good investment? Should you buy shares of PRZO? How do PRZO's underlying business fundamentals look? Do top analysts think Parazero Technologies is a good buy? Why has PRZO's stock price moved recently? (Hint: Our stock market analysis website can help you decide if PRZO is a good stock to buy).
- Make your PRZO trade: Decide if you will purchase PRZO shares at the current market price or use a limit order to buy PRZO shares at a given price.
- Get updates on your investment in PRZO: Create a watchlist to keep tabs on your position in Parazero Technologies shares.
Step 1: Figure out where to buy Parazero Technologies stock
You will need a brokerage account in order to access the NASDAQ market and buy PRZO shares.
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you can buy PRZO stock today.
How to Create a New Brokerage Account on eToro
- 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.
- Provide your personal details to create your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock app for beginners, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your new brokerage account.
Step 4: Analyze Parazero Technologies stock
After you have selected the best place to buy Parazero Technologies stock, it's crucial to evaluate their stock prior to buying, so you can wrap your head around the risk and opportunity.
Parazero Technologies Numbers
PRZO Overview
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on PRZO's stock page.
What is the fair value of PRZO stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PRZO's true value.
Using relative valuations measures:
- PRZO could be undervalued based on its P/B ratio of 5.6x, relative to Aerospace & Defense industry P/B ratio of 6.15x
You can access more valuation analysis on PRZO's stock here.
PRZO Financial Health Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the PRZO balance sheet.
- PRZO has $5.29M in cash and short term investments. This is enough to cover its annual cash burn of $4.78M.
- There are more short-term assets than long-term liabilities on the PRZO balance sheet.
- PRZO has cash burn of 4782043. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- PRZO has a relatively high debt to equity ratio of 0.74.
- PRZO profit margin has gone down from -149.8% to -960.7% in the past year.
PRZO Technicals
How is PRZO performing as a company?
Last year, PRZO revenue was $558.38k. In the last 2 year, PRZO's revenue has grown by 16.9% per year. This was faster than the Aerospace & Defense industry average of 13.63%.
Dive into PRZO's earnings and revenue performance here.
Who is buying/selling PRZO?
In the past year, insiders at PRZO have not bought or sold any shares.
Research more about who owns PRZO stock here.
Does PRZO provide a stable income stream?
No, Parazero Technologies doesn't provide an income stream by paying out dividends.
What others are saying about PRZO
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your PRZO trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in PRZO
Now that you own some PRZO shares, you'll want to keep up with your new company.
Put PRZO on a watchlist to keep track of your PRZO stock.
PRZO Feed
How to Buy Stock in Parazero Technologies
To reiterate, here are the 6 steps for buying Parazero Technologies stock:
- Figure out where to buy Parazero Technologies stock
- Open a brokerage account
- Deposit funds into your investment account
- Analyze Parazero Technologies stock
- Make your PRZO trade
- Get updates on your investment in PRZO
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Parazero Technologies, create a watchlist on WallStreetZen today.
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