How to Buy Phoenix Motor Stock
Phoenix Motor Inc
Phoenix Motor Inc. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles. The company offers buses and trucks.
Phoenix Motor stock last closed at $0.59, down 1.98% from the previous day, and has decreased 19.32% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.46 percentage points. Phoenix Motor stock is currently +11.89% from its 52-week low of $0.53, and -69.43% from its 52-week high of $1.94.
As of Apr 26, 2024, there are 34.69M PEV shares outstanding. The market cap of PEV is $20.57M. In the past 24 hours, 133,064 PEV shares were traded.
How to Buy Phoenix Motor Stock
Wondering how to invest in Phoenix Motor stock? Here's how.
- Decide where to buy Phoenix Motor stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Phoenix Motor stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your method of payment and add your information.
- Analyze Phoenix Motor stock: The Phoenix Motor ticker symbol is PEV. Is Phoenix Motor stock a good investment? Should you buy shares of PEV? How do PEV's underlying business fundamentals look? Do top analysts think Phoenix Motor is a good buy? Why has PEV's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if PEV is a good stock to buy).
- Place your PEV purchase: Decide if you will purchase PEV shares at the current market price or use a limit order to buy PEV stock at a given price.
- Watch your PEV investment: Create a watchlist to key updates about your new investment in Phoenix Motor shares.
Step 1: Decide where to buy Phoenix Motor stock
You will need a brokerage account to access the NASDAQ market and buy PEV stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global markets: From Tech to Real Estate, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you are able to buy PEV stock today.
How to Create a New Investment 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 a new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on a mobile trading app, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing money into your investment account.
Step 4: Analyze Phoenix Motor stock
Once you have identified the best place to buy Phoenix Motor stock, it's crucial to research their stock before you invest, so you can comprehend the risk as well as the opportunity.
Phoenix Motor quick stats
PEV Overview
WallStreetZen was designed to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on PEV's stock page.
Is PEV stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PEV's fair value.
You can do more valuation analysis on PEV's stock here.
A quick look at PEV Financials
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the PEV balance sheet.
Negative Financial Indicators:
- There are more short-term liabilities than short-term assets on the PEV balance sheet.
- PEV has cash burn of 3745000. It does not have sufficient cash and short-term investments to cover this.
- PEV has $3.28M in cash and short term investments. This is not enough to cover its annual cash burn of $3.75M.
- PEV profit margin has gone down from -293.4% to -661.3% in the past year.
- Total PEV debt is still negative.
- PEV debt to equity ratio of -3.41 is negative.
PEV Trading Indicators
PEV Growth Numbers
Last year, PEV revenue was $3.12M. Over the past two year, PEV's revenue has grown by 2.41% per year. This was slower than the Auto Manufacturers industry average of 36.43%.
Learn more about PEV's earnings and revenue performance here.
Who is buying/selling PEV?
Over the past 12 months, insiders at PEV have sold more shares than they have bought.
Edisonfuture Inc, 10% Owner of PEV, was the latest PEV insider to sell. They sold $12,240,000.00 worth of PEV shares on Sep 26, 2023.
Dig into more about who owns PEV shares here.
Does PEV provide a stable income stream?
No, Phoenix Motor doesn't provide an income stream by paying out dividends.
PEV Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your PEV purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally 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 a specific price, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Watch your PEV investment
Now that you own some PEV stock, you'll want to keep up with your investment.
Make a watchlist to monitor your PEV stock.
PEV Feed
How to Buy Stock in Phoenix Motor
To reiterate, here are the 6 steps to buy Phoenix Motor stock:
- Decide where to buy Phoenix Motor stock
- Open your brokerage account
- Deposit money your brokerage account
- Analyze Phoenix Motor stock
- Place your PEV purchase
- Watch your PEV investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your new investment in Phoenix Motor, create a watchlist on WallStreetZen today.
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