How to Buy Reliance Global Group Stock
Reliance Global Group Inc
Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States.
Reliance Global Group stock last closed at $0.27, down 5% from the previous day, and has decreased 90.95% in one year. It has underperformed other stocks in the Insurance Brokers industry by 1.07 percentage points. Reliance Global Group stock is currently +5.98% from its 52-week low of $0.25, and -94.88% from its 52-week high of $5.20.
There are currently 5.69M RELI shares outstanding. The market value of RELI is $1.51M. In the past 24 hours, 139,977 RELI shares were traded.
How to Buy Reliance Global Group Stock
Not sure how to invest in Reliance Global Group stock? Here's how.
- Choose where to buy Reliance Global Group stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Reliance Global Group stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Evaluate Reliance Global Group stock: The Reliance Global Group ticker symbol is RELI. Is Reliance Global Group stock a good investment? Should you buy shares of RELI? How do RELI's underlying business fundamentals look? Do top analysts think Reliance Global Group is a good buy? Why has RELI's stock price moved recently? (Hint: Our stock market research website can help you evaluate if RELI is a good stock to buy).
- Execute your RELI trade: Decide if you will purchase RELI shares at the current market price or use a limit order to purchase RELI shares at a given price.
- Get notifications regarding your RELI position: Create a watchlist to key updates about your position in Reliance Global Group stock.
Step 1: Choose where to buy Reliance Global Group stock
You will need a brokerage account in order to access the NASDAQ market and buy RELI shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you are able to buy RELI 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.
- Provide your personal info to create your new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on app for investing, you can securely and quickly fund your account:
Check out the tutorial below if you need help transferring money into your brokerage account.
Step 4: Evaluate Reliance Global Group stock
Once you have chosen the best place to buy Reliance Global Group stock, it's absolutely critical to analyze their stock before you invest, so you can comprehend the risk as well as the upside.
Reliance Global Group Metrics
RELI Fundamentals
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on RELI's stock page.
Is RELI stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge RELI's fair value.
Using relative valuations ratios:
- RELI may be undervalued based on its P/B ratio of 0.21x, relative to Insurance Brokers industry P/B ratio of 6.69x
You can do additional valuation analysis on RELI's stock here.
A look at RELI Cashflows and Balance Sheet
Signs that RELI is financially healthy:
- RELI has cash burn of 870834. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the RELI balance sheet.
- RELI has $2.74M in cash and short term investments. This is enough to cover its annual cash burn of $870.83k.
- Total RELI debt is lower than 5 years ago, relative to shareholder equity.
Signs that RELI is not financially healthy:
- There are more long-term liabilities than short-term assets on the RELI balance sheet.
- RELI has a relatively high debt to equity ratio of 2.22.
- RELI profit margin has gone down from 55% to -87.5% in the past year.
Is it a good time to buy RELI stock, according to Wall Street analysts?
Out of 1 Equities analysts who give forecasts on RELI, the consensus analyst rating on Reliance Global Group is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Reliance Global Group stock forecast page.
RELI Technical Indicators
How are RELI Revenues/Earnings doing?
Last year, RELI revenue was $13.73M. During the past 4 year, RELI's revenue has gone up by 32.53% per year. This was faster than the Insurance Brokers industry average of 8.36%.
You can research RELI's earnings and revenue performance here.
What are RELI executives and large shareholders up to?
In the last 12 months, executives and large shareholders at RELI have sold more shares than they have bought.
Yaakov Beyman, Exec VP Insurance Division of RELI, was the latest RELI insider to sell. They sold $26,587.40 worth of RELI shares on Dec 27, 2023.
Get more info about who owns RELI stock here.
Does RELI stock generate passive income?
No, Reliance Global Group doesn't provide an income stream by paying out dividends.
RELI Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your RELI trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your RELI position
Now that you own some RELI shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to see the latest developments about your RELI stock.
RELI Feed
How to Buy Stock in Reliance Global Group
To summarize, here are the 6 steps to buy Reliance Global Group stock:
- Choose where to buy Reliance Global Group stock
- Open your brokerage account
- Deposit money your investment account
- Evaluate Reliance Global Group stock
- Execute your RELI trade
- Get notifications regarding your RELI position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Reliance Global Group, add RELI to your watchlist below.
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