How to Buy Pineapple Energy Stock
Pineapple Energy Inc
Pineapple Holdings, Inc. provides photovoltaic solar energy systems to residential homeowners in the United States.
Pineapple Energy stock last closed at $0.05, down 10.53% from the previous day, and has decreased 96.17% in one year. It has underperformed other stocks in the Solar industry by 0.4 percentage points. Pineapple Energy stock is currently +24.39% from its 52-week low of $0.04, and -97.05% from its 52-week high of $1.73.
As of Apr 24, 2024, there are 64.08M shares of PEGY outstanding. The market capitalization of PEGY is $3.27M. In the last 24 hours, 41.3M PEGY shares were traded.
How to Buy Pineapple Energy Stock
Wondering how to invest in Pineapple Energy stock? Here's how.
- Figure out where to buy Pineapple Energy stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Pineapple Energy stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Pineapple Energy stock: The Pineapple Energy ticker symbol is PEGY. Is Pineapple Energy stock a good investment? Should you buy shares of PEGY? How do PEGY's underlying business fundamentals look? Do top analysts think Pineapple Energy is a good buy? Why has PEGY's stock price moved recently? (Hint: Our stock research tools can help you evaluate if PEGY is a good stock to buy).
- Place your PEGY purchase: Decide if you will purchase PEGY shares at the current market price or use a limit order to buy PEGY stock at a particular price.
- Get updates on your PEGY investment: Create a watchlist to keep track of your investment in Pineapple Energy shares.
Step 1: Figure out where to buy Pineapple Energy stock
You need a brokerage account in order to access the NASDAQ market and buy PEGY shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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- Social investing: eToro boasts 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.
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Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you are able to buy PEGY today.
How to Open a New 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.
- Enter your personal details to open your new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on the best stock market app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Evaluate Pineapple Energy stock
After you have chosen the best place to buy Pineapple Energy stock, it's important to analyze their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Pineapple Energy shares data
Pineapple Energy Zen Score
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on PEGY's stock page.
How is PEGY stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PEGY's true value.
Using relative valuations methods:
- PEGY could be undervalued based on its P/B ratio of 0.16x, relative to Solar industry P/B ratio of 2.45x
You can access additional valuation analysis on PEGY's stock here.
Is PEGY a healthy company?
Pros:
- PEGY has cash burn of 1322418. It has enough cash and short-term investments to cover this for at least one year.
- PEGY has $5.40M in cash and short term investments. This is enough to cover its annual cash burn of $1.32M.
- There are more short-term assets than long-term liabilities on the PEGY balance sheet.
- PEGY profit margin has gone up from -98.9% to -10.2% in the past year.
Cons:
- There are more short-term liabilities than short-term assets on the PEGY balance sheet.
- Total PEGY debt is higher than 5 years ago, relative to shareholder equity.
- PEGY has a relatively high debt to equity ratio of 1.85.
You can dig deeper into what analysts are projecting on the Pineapple Energy stock forecast page.
PEGY Technicals
PEGY Earnings
Last year, PEGY revenue was $79.63M. During the last 5 year, PEGY's revenue has grown by 13.45% per year. This was slower than the Solar industry average of 24.08%.
You can analyze PEGY's earnings and revenue performance here.
What are PEGY insiders up to?
In the last 12 months, insiders at PEGY have sold more shares than they have bought.
Kristin Hlavka, CORPORATE CONTROLLER of PEGY, was the latest PEGY insider to sell. They sold $318.08 worth of PEGY shares on Mar 20, 2024.
Get more info about who owns PEGY stock here.
Can I get consistent income from PEGY stock?
No, Pineapple Energy doesn't provide an income stream by paying out dividends.
PEGY Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your PEGY purchase
You have 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 the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and your broker will place your order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your PEGY investment
Now that you own some PEGY shares, you'll want to keep up with your new investment.
Create a watchlist to track the most important metrics related to your PEGY stock.
PEGY Feed
How to Buy Stock in Pineapple Energy
To reiterate, here are the 6 steps you need to take to buy Pineapple Energy stock right now:
- Figure out where to buy Pineapple Energy stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Pineapple Energy stock
- Place your PEGY purchase
- Get updates on your PEGY investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Pineapple Energy, create your watchlist below.
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