How to Buy Volato Group Stock
Volato Group Inc
Volato Group is a airport company located in Virginia, United States, which is part of the Industrials sector, and is traded under the ticker SOAR on the NYSEMKT exchange.
Volato Group stock last closed at $1.98, up 4.76% from the previous day, and has decreased 80.98% in one year. It has underperformed other stocks in the Airports & Air Services industry by 0.85 percentage points. Volato Group stock is currently +7.03% from its 52-week low of $1.85, and -94.34% from its 52-week high of $35.00.
At the moment, there are 29.25M SOAR shares outstanding. The market value of SOAR is $57.92M. In the past 24 hours, 68,879 SOAR shares were traded.
How to Buy Volato Group Stock
Wondering how to invest in Volato Group stock? Here's how.
- Figure out where to buy Volato Group stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Volato Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your details.
- Evaluate Volato Group stock: The Volato Group ticker symbol is SOAR. Is Volato Group stock a good investment? Should you buy shares of SOAR? How do SOAR's underlying business fundamentals look? Do top analysts think Volato Group is a good buy? Why has SOAR's stock price moved recently? (Hint: Our stock analysis website can help you decide if SOAR is a good stock to buy).
- Execute your SOAR buy order: Decide if you will purchase SOAR shares at the current market price or use a limit order to buy SOAR shares at a given price.
- Watch your investment in SOAR: Create a watchlist to track your investment in Volato Group shares.
Step 1: Figure out where to buy Volato Group stock
You need an online brokerage account in order to access the NYSEMKT market and buy SOAR stock.
Our recommended brokerage: eToro
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you are able to invest in SOAR stock today.
How to Set Up 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 brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on the best stock app to use, you can securely and quickly fund your account:
Check out the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Evaluate Volato Group stock
After you have selected the best place to buy Volato Group stock, it's crucial to evaluate their stock prior to buying, so you truly wrap your head around the risk and upside.
Volato Group shares quick numbers
SOAR Zen Score
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on SOAR's stock page.
How is SOAR stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge SOAR's intrinsic value.
Using relative valuations methods:
- SOAR could be undervalued based on its P/B ratio of 3.93x, relative to Airports & Air Services industry P/B ratio of 4.82x
You can access more valuation research on SOAR's stock here.
SOAR Financial Health Overview
Passed Health Checks:
- SOAR has cash burn of 31031000. It has sufficient cash and short-term investments to cover this for at least one year.
- SOAR has $57.54M in cash and short term investments. This is sufficient to cover its annual cash burn of $31.03M.
- There are more short-term assets than long-term liabilities on the SOAR balance sheet.
Failed Health Checks:
- There are more short-term liabilities than short-term assets on the SOAR balance sheet.
- SOAR has a relatively high debt to equity ratio of 3.86.
- SOAR profit margin has gone down from -9.7% to -72% in the past year.
Metrics for Advanced SOAR Traders
SOAR Revenue
Last year, SOAR revenue was $73.34M. During the past 2 year, SOAR's revenue has grown by 733.42% per year. This was faster than the Airports & Air Services industry average of 14.09%.
Dive into SOAR's earnings and revenue performance here.
Who is buying/selling SOAR?
Over the last year, executives and large shareholders at SOAR have bought more shares than they have sold.
Steve Drucker, Chief Technology Officer of SOAR, was the latest SOAR insider to buy. They bought $280.00 worth of SOAR shares on Mar 28, 2024.
Dig into more about who owns SOAR stock here.
Can I rely on SOAR as an income stream?
No, Volato Group doesn't provide an income stream by paying out dividends.
What do other traders have to say about SOAR?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your SOAR buy order
There are two main order types:
- 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 is an order 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 price, use a limit order.
Press the Open button and eToro will place your order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in SOAR
Now that you own some SOAR stock, you'll want to stay up-to-date on your new stock purchase.
Add SOAR to a watchlist to keep tabs on your SOAR stock.
SOAR Feed
How to Buy Stock in Volato Group
To summarize, here are the 6 steps for buying Volato Group stock:
- Figure out where to buy Volato Group stock
- Open a brokerage account
- Fund your investment account
- Evaluate Volato Group stock
- Execute your SOAR buy order
- Watch your investment in SOAR
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Volato Group, create your watchlist below.
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