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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 $2.31, up 0.43% from the previous day, and has decreased 44.6% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.4 percentage points. Playstudios stock is currently +21.58% from its 52-week low of $1.90, and -53.85% from its 52-week high of $5.01.

At the moment, there are 136.21M shares of MYPS outstanding. The market capitalization of MYPS is $314.64M. In the past 24 hours, 274,691 MYPS shares were traded.

How to Buy Playstudios Stock

Not sure how to invest in Playstudios stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

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

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Step 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.

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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.

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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 Price
$2.31
1w %
-11.49%
1y %
-44.6%
5y %
N/A
P/E
-15.4x
P/B
1.09x
P/S
0.99x
PEG
N/A
Revenue
$310.89M
Earnings
-$19.39M
Fore. Rev. Growth
3.8%
Fore. Earn. Growth
N/A
Market Cap
$314.64M
Next Earnings
May 2, 2024
Next Dividend
N/A

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 1.09x, relative to Electronic Gaming & Multimedia industry P/B ratio of 3.96x

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 0.27.
  • There are more short-term assets than long-term liabilities on the MYPS balance sheet.
  • MYPS's operating cash flow of $51.72M allows it to safely service it's debt of $9.94M.
  • There are more short-term assets than short-term liabilities on the MYPS balance sheet.

Failed Financial Due Diligence Checks:

  • MYPS earnings of -$2.52M is not enough to cover its interest payments.
  • MYPS profit margin has gone down from -6.1% to -6.2% 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 Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Playstudios stock forecast page.

MYPS Technicals

SMA10
2.56
SMA20
2.65
SMA50
2.41
SMA100
2.45
SMA200
2.97
MACD
-0.01
MACD Signal
0.06
MACD Histogram
-0.07
RSI
36.78
Stochastic %K
6.54
Stochastic %D
5.29
StochRSI %K
0.68
StochRSI %D
0.23

MYPS Growth Numbers

Last year, MYPS revenue was $310.89M. Over the past five year, MYPS's revenue has gone up by 9.72% per year. This was slower than the Electronic Gaming & Multimedia industry average of 19.71%.

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

What are MYPS insiders up to?

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

Joel Agena, General Counsel of MYPS, was the latest MYPS insider to sell. They sold $26,483.60 worth of MYPS stock on Mar 11, 2024.

Dig into more about who owns MYPS stock here.

Can I rely on MYPS as an income stream?

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

What others are saying about MYPS

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your MYPS purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.

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Step 6: Get key alerts regarding your MYPS position

Now that you own some shares in MYPS, you'll want to keep up with your company.

Put MYPS on a watchlist to track the most important metrics related to your MYPS stock.

MYPS Feed

How to Buy Stock in Playstudios

To summarize, here are the 6 steps to buy stock in Playstudios:

  1. Decide where to buy Playstudios stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Research Playstudios stock
  5. Make your MYPS purchase
  6. Get key alerts regarding your MYPS position

If you require a brokerage, eToro is our recommended 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 would like to get updates on your investment in Playstudios, get started below.

NASDAQ: MYPS
$2.31+0.01 (+0.43%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: MYPS
$2.31+0.01 (+0.43%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Playstudios share?

As of Apr 19, 2024, it costs $2.31 to buy one share of Playstudios stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.433 shares of MYPS.

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 Playstudios stock?

According to 3 Wall Street analysts who monitor Playstudios, their consensus recommendation is to buy Playstudios stock.

What is the best way to buy Playstudios stock?

One way to place an order for Playstudios 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.