How to Buy Playstudios Stock
Playstudios Inc
PLAYSTUDIOS, Inc. develops and publishes free-to-play casual games for mobile and social platforms in the United States, North America, and internationally. The company is headquartered in Las Vegas, Nevada. .
Playstudios stock last closed at $4.55, up 3.41% from the previous day, and has increased 9.64% in one year. It has overperformed other stocks in the Electronic Gaming & Multimedia industry by 0.41 percentage points. Playstudios stock is currently +40.43% from its 52-week low of $3.24, and -31.06% from its 52-week high of $6.60.
At the moment, there are 129.89M shares of MYPS outstanding. The market capitalization of MYPS is $590.98M. In the past 24 hours, 279,509 MYPS shares were traded.
How to Buy Playstudios Stock
Not sure how to invest in Playstudios stock? Here's how.
- Decide where to buy Playstudios stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Playstudios stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Research Playstudios stock: The Playstudios ticker symbol is MYPS. Is Playstudios stock a good investment? Should you buy shares of MYPS? How do MYPS's underlying business fundamentals look? Do top analysts think Playstudios is a good buy? Why has MYPS's stock price moved recently? (Hint: Our stock research website can help you understand if MYPS is a good stock to buy).
- Make your MYPS purchase: Decide if you will purchase MYPS shares at the current market price or use a limit order to buy MYPS stock at a particular price.
- Get key alerts regarding your MYPS position: Create a watchlist to get live updates on your new investment in Playstudios shares.
Step 1: Decide where to buy Playstudios stock
You need an online brokerage account to access the NASDAQ market and buy MYPS stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you are able to buy MYPS today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Provide your personal details to create a new trading account.
- Submit your info by pressing the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have filled out your info on the best stock app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Research Playstudios stock
After you have identified the best place to buy Playstudios stock, it's very important to analyze their stock prior to investing, so you can understand the risk and opportunity.
Overview of key MYPS info
MYPS Zen Score
WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MYPS's stock page.
Is MYPS stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MYPS's true value.
Using relative valuations ratios:
- MYPS could be undervalued based on its P/B ratio of 1.95x, relative to Electronic Gaming & Multimedia industry P/B ratio of 4.12x
You can do additional valuation research on MYPS's stock here.
How do MYPS Financials look?
Passed Financial Due Diligence Checks:
- MYPS has a low debt to equity ratio of 0.1.
- There are more short-term assets than long-term liabilities on the MYPS balance sheet.
- MYPS's operating cash flow of $44.34M allows it to safely service it's debt of $0.00.
- There are more short-term assets than short-term liabilities on the MYPS balance sheet.
Failed Financial Due Diligence Checks:
- MYPS earnings of -$18.11M is not enough to cover its interest payments.
- MYPS profit margin has gone down from -0.2% to -5.5% in the past year.
Is MYPS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who monitor MYPS, the consensus analyst rating on MYPS is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest MYPS Analyst Ratings
Matthew Cost, a bottom 11% analyst from Morgan Stanley maintains MYPS with a hold rating and lowers their MYPS price target from $4.70 to $4.50, on Jan 18, 2023.
Omar Dessouky, a bottom 16% analyst from Bank of America initiates coverage on MYPS with a sell rating and announces their MYPS price target of $3.00, on Aug 23, 2022.
Ryan Sigdahl, a top 3% analyst from Craig-Hallum downgrades MYPS to a hold rating, on Jul 11, 2022.
An analyst from Oppenheimer maintains MYPS with a buy rating and lowers their MYPS price target from $9.00 to $8.00, on Feb 25, 2022.
You can dig deeper into what analysts are forecasting on the Playstudios stock forecast page.
MYPS Earnings
Last year, MYPS revenue was $282.86M. Over the last one years, MYPS's revenue has gone up by 1.21% per year. This was slower than the Electronic Gaming & Multimedia industry average of 35.92%.
You can analyze MYPS's earnings and revenue performance here.
Are MYPS insiders buying or selling the stock?
Over the last year, insiders at MYPS have bought more shares than they have sold.
Scott Edward Peterson, Chief Financial Officer of MYPS, was the latest MYPS insider to sell. They sold $201,028.00 worth of MYPS shares on Oct 21, 2022.
Research more about who owns MYPS shares here.
Can I rely on MYPS as an income stream?
No, Playstudios doesn't provide an income stream by paying out dividends.
What do other investors have to say about MYPS?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your MYPS purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Press the Open button and eToro will execute the order.
If you require more help investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your MYPS position
Now that you own some MYPS stock, you'll want to keep up with your shares.
Add MYPS to a watchlist to get notified of the latest news about your MYPS stock.
MYPS Feed
How to Buy Stock in Playstudios
To summarize, here are the 6 steps to buy stock in Playstudios:
- Decide where to buy Playstudios stock
- Create your brokerage account
- Deposit funds into your investment account
- Research Playstudios stock
- Make your MYPS purchase
- Get key alerts regarding your MYPS position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Playstudios, click below.
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