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 $4.01, up 2.3% from the previous day, and has decreased 56.88% in one year. It has underperformed other stocks in the Recreational Vehicles industry by 0.42 percentage points. Ree Automotive stock is currently +74.35% from its 52-week low of $2.30, and -70.88% from its 52-week high of $13.77.
At the moment, there are 11.23M shares of REE outstanding. The market value of REE is $45.04M. In the past 24 hours, 8563 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 Zen 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 0.58x, relative to Recreational Vehicles industry P/B ratio of 2.16x
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:
- REE has a relatively high debt to equity ratio of 0.77.
- REE profit margin has gone down from N/A to -7,102.5% in the past year.
- REE has $85.63M in cash and short term investments. This is not enough to cover its annual cash burn of $93.02M.
- REE has cash burn of 93018000. It does not have enough cash and short-term investments to cover this.
Is Ree Automotive stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who give recommendations on REE, the consensus analyst rating on REE is a Sell
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Ree Automotive stock forecast page.
REE Technicals
REE Performance Numbers
Last year, REE revenue was $1.61M. During the last 4 year, REE's revenue has increased by 23.96% per year. This was faster than the Recreational Vehicles industry average of 8.1%.
Learn more about REE's earnings and revenue performance here.
Latest Insiders Trades at REE
In the past 12 months, insiders at REE have not bought or sold any shares.
Learn more about who owns REE stock here.
Can I get consistent income from REE stock?
No, Ree Automotive doesn't provide an income stream by paying out dividends.
What do other investors have to say about REE?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your REE trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - 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.
Click the Open button and your broker will execute your order.
If you need additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your REE investment
Now that you own some shares in REE, you'll want to stay up-to-date on your investment.
Start a watchlist to track your REE stock.
REE Feed
How to Buy Stock in Ree Automotive
To reiterate, here are the 6 steps to buy stock in Ree Automotive:
- 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 are looking for 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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