How to Buy Qualtek Services Stock
Qualtek Services Inc
QualTek Services Inc. provides communications infrastructure, power grid modernization, and renewable solutions to telecommunications and utilities industries in North America.
Qualtek Services stock last closed at $0.08, down 20.62% from the previous day, and has decreased 95.42% in one year. It has underperformed other stocks in the Telecom Services industry by 0.62 percentage points. Qualtek Services stock is currently +0% from its 52-week low of $0.08, and -97.13% from its 52-week high of $2.68.
There are currently 51.11M QTEK shares outstanding. The market cap of QTEK is $3.94M. In the past 24 hours, 4.64M QTEK shares were traded.
How to Buy Qualtek Services Stock
Wondering how to invest in Qualtek Services stock? Here's how.
- Decide where to buy Qualtek Services stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Qualtek Services stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your details.
- Research Qualtek Services stock: The Qualtek Services ticker symbol is QTEK. Is Qualtek Services stock a good investment? Should you buy shares of QTEK? How do QTEK's underlying business fundamentals look? Do top analysts think Qualtek Services is a good buy? Why has QTEK's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if QTEK is a good stock to buy).
- Execute your QTEK buy order: Decide if you will purchase QTEK shares at the current market price or use a limit order to purchase QTEK shares at a given price.
- Track your QTEK position: Create a watchlist to important notifications about your position in Qualtek Services shares.
Step 1: Decide where to buy Qualtek Services stock
You will need a brokerage account in order to access the NASDAQ market and buy QTEK shares.
Our recommended brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can invest in QTEK stock today.
How to Open a New Account on eToro
- Click here to get started.
- Provide your personal info to open your new trading account.
- Send your data by pressing the "Create Account" button.
Step 3: Fund your investment account
Now that you've finished signing up on the best stock app, you need to deposit funds:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Research Qualtek Services stock
Once you have figured out the best place to buy Qualtek Services stock, it's important to evaluate their stock prior to investing, so you actually comprehend the risk and opportunity.
Qualtek Services stock quick numbers
QTEK Due Diligence Checks
WallStreetZen was created to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on QTEK's stock page.
What is the fair value of QTEK stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge QTEK's fair value.
You can do additional valuation analysis on QTEK's stock here.
A quick look at QTEK Financials
Signs that QTEK is financially healthy:
- There are more short-term assets than long-term liabilities on the QTEK balance sheet.
- QTEK profit margin has gone up from -18% to -4.8% in the past year.
Signs that QTEK is not financially healthy:
- Total QTEK debt is still negative.
- QTEK has cash burn of 71892000. It does not have enough cash and short-term investments to cover this.
- QTEK debt to equity ratio of -15.03 is negative.
- QTEK has $495.00k in cash and short term investments. This is not sufficient to cover its annual cash burn of $71.89M.
- There are more short-term liabilities than short-term assets on the QTEK balance sheet.
You can dig deeper into what analysts are saying on the Qualtek Services stock forecast page.
QTEK Technical Indicators
Is QTEK Growing Revenue?
Last year, QTEK revenue was $753.86M. In the past 3 year, QTEK's revenue has increased by 63.66% per year. This was faster than the Telecom Services industry average of 3.72%.
Dig into QTEK's earnings and revenue performance here.
Who is buying/selling QTEK?
In the last 12 months, insiders at QTEK have bought more shares than they have sold.
Adam Paul Spittler, Chief Financial Officer of QTEK, was the latest QTEK insider to buy. They bought $10,505.00 worth of QTEK stock on Aug 19, 2022.
Dig into more about who owns QTEK shares here.
Can I get consistent income from QTEK stock?
No, Qualtek Services doesn't provide an income stream by paying out dividends.
What do other investors have to say about QTEK?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your QTEK buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will place the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Track your QTEK position
Now that you own some shares in QTEK, you'll want to keep up with your new shares.
Start a watchlist to track your QTEK stock.
QTEK Feed
How to Buy Stock in Qualtek Services
To reiterate, here are the 6 steps to buy Qualtek Services stock:
- Decide where to buy Qualtek Services stock
- Open a brokerage account
- Fund your investment account
- Research Qualtek Services stock
- Execute your QTEK buy order
- Track your QTEK position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Qualtek Services, get started below.
Other "How To" Guides You May Like
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation 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.