How to Buy Ree Automotive Stock
Ree Automotive Ltd
REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel.
Ree Automotive stock last closed at $0.63, down 8.96% from the previous day, and has decreased 84.33% in one year. It has underperformed other stocks in the Recreational Vehicles industry by 0.17 percentage points. Ree Automotive stock is currently +2.27% from its 52-week low of $0.62, and -94.62% from its 52-week high of $11.72.
At the moment, there are 22.26M shares of REE outstanding. The market value of REE is $14.02M. In the past 24 hours, 392,000 REE shares were traded.
How to Buy Ree Automotive Stock
Wondering how to invest in Ree Automotive stock? Here's how.
- Choose where to buy Ree Automotive stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Ree Automotive stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Analyze Ree Automotive stock: The Ree Automotive ticker symbol is REE. Is Ree Automotive stock a good investment? Should you buy shares of REE? How do REE's underlying business fundamentals look? Do top analysts think Ree Automotive is a good buy? Why has REE's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if REE is a good stock to buy).
- Execute your REE trade: Decide if you will purchase REE shares at the current market price or use a limit order to purchase REE shares at a specific price.
- Get the latest scoop on your REE investment: Create a watchlist to get the latest news on your position in Ree Automotive shares.
Step 1: Choose where to buy Ree Automotive stock
You will need an online brokerage account to access the NASDAQ market and buy REE shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can invest in REE stock today.
How to Create a New Investment 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 create a new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on apps for stock market, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing money into your investment account.
Step 4: Analyze Ree Automotive stock
After you have selected the best place to buy Ree Automotive stock, it's critical to evaluate their stock before you invest, so you actually wrap your head around the risk and opportunity.
Ree Automotive Metrics
Ree Automotive Due Diligence Score
WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on REE's stock page.
Is REE stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge REE's fair value.
Using relative valuations metrics:
- REE may be undervalued based on its P/B ratio of 0.61x, relative to Recreational Vehicles industry P/B ratio of 1.46x
You can access more valuation research on REE's stock here.
REE Financial Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the REE balance sheet.
- There are more short-term assets than long-term liabilities on the REE balance sheet.
Failed Financial Due Diligence Checks:
- Total REE debt is higher than 5 years ago, relative to shareholder equity.
- REE profit margin has gone down from -7,102.5% to -61,067.8% in the past year.
- REE has $72.26M in cash and short term investments. This is not enough to cover its annual cash burn of $76.52M.
- REE has cash burn of 76516000. It does not have enough cash and short-term investments to cover this.
- REE has a relatively high debt to equity ratio of 4.63.
Is REE stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who monitor REE, the consensus analyst rating on Ree Automotive is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Ree Automotive stock forecast page.
REE Momentum
REE Performance Numbers
Last year, REE revenue was $183.00k. Over the past five year, REE's revenue has grown by -23.11% per year. This was slower than the Recreational Vehicles industry average of 3.34%.
Find out more about REE's earnings and revenue performance here.
What are REE executives and large shareholders up to?
In the past 12 months, insiders at REE have not bought or sold any shares.
Dig into more about who owns REE shares here.
Can I rely on REE as an income stream?
No, Ree Automotive doesn't provide an income stream by paying out dividends.
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Step 5: Execute your REE trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you want more help with investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your REE investment
Now that you own some REE shares, you'll want to keep up with your new investment.
Make a watchlist to track your REE stock.
REE Feed
How to Buy Stock in Ree Automotive
To summarize, here are the 6 steps to buy Ree Automotive stock:
- Choose where to buy Ree Automotive stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Ree Automotive stock
- Execute your REE trade
- Get the latest scoop on your REE investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Ree Automotive, create a watchlist on WallStreetZen today.
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