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 $1.28, down 8.57% from the previous day, and has decreased 83.8% in one year. It has underperformed other stocks in the Recreational Vehicles industry by 0.58 percentage points. Ree Automotive stock is currently +141.51% from its 52-week low of $0.53, and -89.08% 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 $28.49M. In the past 24 hours, 901,000 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.
Our favorite brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Industrials, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today. This offer is only for US users.
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 1.23x, relative to Recreational Vehicles industry P/B ratio of 1.75x
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.
You can dig deeper into what analysts are projecting on the Ree Automotive stock forecast page.
REE Trading Indicators
REE Earnings
Last year, REE revenue was $183.00k. During the last five year, REE's revenue has increased by -23.11% per year. This was slower than the Recreational Vehicles industry average of 4.02%.
Learn more about REE's earnings and revenue performance here.
Who is buying/selling REE?
Over the last 12 months, insiders at REE have not bought or sold any shares.
Learn more about who owns REE stock here.
Does REE provide a stable income stream?
No, Ree Automotive doesn't provide an income stream by paying out dividends.
What others are saying about REE
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your REE trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will place your order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your REE investment
Now that you own some REE shares, you'll want to stay up-to-date on your new stock purchase.
Add REE to a watchlist to keep tabs on your REE stock.
REE Feed
How to Buy Stock in Ree Automotive
To reiterate, here are the 6 steps for buying 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 need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Ree Automotive, create your watchlist below.
Other Stock Buying Guides You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation 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.