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How to Buy Profire Energy Stock

Profire Energy Inc

Profire Energy, Inc. , a technology company, provides burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada.

Profire Energy stock last closed at $1.27, up 2.02% from the previous day, and has decreased 16.78% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.12 percentage points. Profire Energy stock is currently +48.82% from its 52-week low of $0.85, and -19.38% from its 52-week high of $1.57.

As of Jun 2, 2023, there are 47.35M shares of PFIE outstanding. The market value of PFIE is $59.90M. In the past 24 hours, 50,087 PFIE shares were traded.

How to Buy Profire Energy Stock

Not sure how to invest in Profire Energy stock? Here's how.
  1. Choose where to buy Profire Energy 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 choose where to buy Profire Energy stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. Analyze Profire Energy stock: The Profire Energy ticker symbol is PFIE. Is Profire Energy stock a good investment? Should you buy shares of PFIE? How do PFIE's underlying business fundamentals look? Do top analysts think Profire Energy is a good buy? Why has PFIE's stock price moved recently? (Hint: Our stock research tools can help you understand if PFIE is a good stock to buy).
  5. Make your PFIE trade: Decide if you will purchase PFIE shares at the current market price or use a limit order to buy PFIE shares at a given price.
  6. Get the latest news on your PFIE investment: Create a watchlist to watch your new investment in Profire Energy stock.

Step 1: Choose where to buy Profire Energy stock

You will need a brokerage account to access the NASDAQ market and buy PFIE stock.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to invest in PFIE today.

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  1. Click here to get started.
  2. Input your personal info to start your new brokerage account.
  1. Send your info by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have opened your account on a mobile trading app, you can securely and quickly fund your account:

Check out the video below to see the process of transferring money into your investment account.

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Step 4: Analyze Profire Energy stock

Once you have decided on the best place to buy Profire Energy stock, it's very important to research their stock prior to investing, so you can wrap your head around the risk and opportunity.

Overview of key PFIE info

PFIE Price
$1.27
1w %
-2.69%
1y %
-16.78%
5y %
-72.91%
P/E
9.73x
P/B
1.21x
P/S
1.17x
PEG
N/A
Revenue
$50.99M
Earnings
$5.91M
Fore. Rev. Growth
-21.52%
Fore. Earn. Growth
N/A
Market Cap
$59.90M
Next Earnings
Aug 2, 2023
Next Dividend
N/A

Profire Energy Overview

WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on PFIE's stock page.

Is PFIE stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PFIE's true value.

Using relative valuations metrics:

  • PFIE could be undervalued based on its P/E ratio of 9.73x, relative to Oil & Gas Equipment & Services industry P/E ratio of -108.25x
  • PFIE could be undervalued based on its P/B ratio of 1.21x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.53x

You can do more valuation research on PFIE's stock here.

How do PFIE Financials look?

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the PFIE balance sheet.
  • PFIE has a low debt to equity ratio of 0.13.
  • PFIE's operating cash flow of $2.23M allows it to safely service it's debt of $108.34k.
  • PFIE earnings of $8.31M is not enough to cover its interest payments.
  • PFIE profit margin has gone up from 0.6% to 11.6% in the past year.
  • There are more short-term assets than short-term liabilities on the PFIE balance sheet.

Failed Health Checks:

  • Total PFIE debt is higher than 5 years ago, relative to shareholder equity.

You can dig deeper into what analysts are saying on the Profire Energy stock forecast page.

PFIE Technicals

SMA10
1.31
SMA20
1.29
SMA50
1.24
SMA100
1.2
SMA200
1.12
MACD
0.01
MACD Signal
0.03
MACD Histogram
-0.01
RSI
49.37
Stochastic %K
19.25
Stochastic %D
21.16
StochRSI %K
11.11
StochRSI %D
8.53

Is PFIE Making Money?

Last year, PFIE earnings were $5.91M. In the past 5 year, PFIE's earnings have increased by 0% per year. This was slower than the Oil & Gas Equipment & Services industry average of 8.18%.

Last year, PFIE revenue was $50.99M. Over the past 5 year, PFIE's revenue has gone up by 3.64% per year. This was slower than the Oil & Gas Equipment & Services industry average of 5.16%.

You can research PFIE's earnings and revenue performance here.

Who is buying/selling PFIE?

Over the past 12 months, executives and large shareholders at PFIE have bought more shares than they have sold.

Ryan W. Oviatt, Co-CEO of PFIE, was the latest PFIE insider to buy. They bought $111,002.72 worth of PFIE shares on Apr 25, 2023.

Dig into more about who owns PFIE shares here.

Does PFIE stock generate passive income?

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

Get analysis from other traders

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

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Step 5: Make your PFIE trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • 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.

Press the Open Trade button and eToro will execute your order.

If you need more info about buying stocks on eToro, click the how to video below:

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Step 6: Get the latest news on your PFIE investment

Now that you own some PFIE shares, you'll want to keep up with your stock purchase.

Put PFIE on a watchlist to monitor your PFIE stock.

PFIE Feed

How to Buy Stock in Profire Energy

To reiterate, here are the 6 steps to buy stock in Profire Energy:

  1. Choose where to buy Profire Energy stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Analyze Profire Energy stock
  5. Make your PFIE trade
  6. Get the latest news on your PFIE investment

If you need a place to buy stocks, eToro is our favorite option.

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If you want to get updates on your new investment in Profire Energy, create a watchlist today.

NASDAQ: PFIE
$1.27+0.03 (+2.02%)
Updated Jun 2, 2023
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NASDAQ: PFIE
$1.27+0.03 (+2.02%)
Updated Jun 2, 2023
Open eToro Account

FAQ

How much does it cost to buy one Profire Energy share?

As of Jun 2, 2023, it costs $1.27 to buy one share of Profire Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.63, you can buy 0.5 shares of PFIE.

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What is the best way to buy Profire Energy stock?

One way to place an order for Profire Energy 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.