How to Buy Reservoir Media Stock
Reservoir Media Inc
Reservoir Media, Inc. operates as a music publishing company. It operates in two segments, Music Publishing and Recorded Music.
Reservoir Media stock last closed at $9.10, up 6.56% from the previous day, and has increased 48.21% in one year. It has overperformed other stocks in the Entertainment industry by 0.34 percentage points. Reservoir Media stock is currently +75.34% from its 52-week low of $5.19, and -1.14% from its 52-week high of $9.21.
At the moment, there are 64.82M shares of RSVR outstanding. The market value of RSVR is $589.88M. In the last 24 hours, 141,954 RSVR shares were traded.
How to Buy Reservoir Media Stock
Not sure how to invest in Reservoir Media stock? Here's how.
- Decide where to buy Reservoir Media stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Reservoir Media stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your info.
- Evaluate Reservoir Media stock: The Reservoir Media ticker symbol is RSVR. Is Reservoir Media stock a good investment? Should you buy shares of RSVR? How do RSVR's underlying business fundamentals look? Do top analysts think Reservoir Media is a good buy? Why has RSVR's stock price moved recently? (Hint: Our stock research website can help you understand if RSVR is a good stock to buy).
- Execute your RSVR buy order: Decide if you will purchase RSVR shares at the current market price or use a limit order to buy RSVR shares at a particular price.
- Watch your investment in RSVR: Create a watchlist to keep tabs on your position in Reservoir Media shares.
Step 1: Decide where to buy Reservoir Media stock
You will need an online brokerage account in order to access the NASDAQ market and buy RSVR stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you are able to invest in RSVR 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.
- Enter your personal details to open your new trading account.
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Step 3: Put funds into your investment account
Now that you've opened your account on the best free stock trading app, you need to deposit funds:
Watch this video walkthrough if you need help depositing money into your new brokerage account.
Step 4: Evaluate Reservoir Media stock
Once you have decided on the best place to buy Reservoir Media stock, it's very important to analyze their stock prior to investing, so you truly comprehend the risk and opportunity.
Reservoir Media shares at a glance
Reservoir Media Zen Score
WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on RSVR's stock page.
What is the fair value of RSVR stock?
Investors use many financial metrics, analyses, models, and charts to gauge RSVR's fair value.
Using relative valuations methods:
- RSVR may be undervalued based on its P/B ratio of 1.69x, relative to Entertainment industry P/B ratio of 2.64x
You can do additional valuation analysis on RSVR's stock here.
How do RSVR Financials look?
Signs that RSVR is financially healthy:
- There are more short-term assets than short-term liabilities on the RSVR balance sheet.
Signs that RSVR is not financially healthy:
- RSVR earnings of $19.76M is not sufficient to cover its interest payments.
- RSVR profit margin has gone down from 7.4% to 0.1% in the past year.
- RSVR has a relatively high debt to equity ratio of 1.25.
- There are more long-term liabilities than short-term assets on the RSVR balance sheet.
- RSVR's operating cash flow of $27.41M allows it to safely service it's debt of $349.44M.
You can dig deeper into what analysts are forecasting on the Reservoir Media stock forecast page.
RSVR Technicals
How is RSVR performing as a company?
Last year, RSVR earnings were $182.52k. During the last two year, RSVR's earnings have gone up by -100% per year. This was slower than the Entertainment industry average of 11.57%.
Last year, RSVR revenue was $140.52M. Over the last two year, RSVR's revenue has grown by 20.5% per year. This was faster than the Entertainment industry average of 14.89%.
Dig into RSVR's earnings and revenue performance here.
What are RSVR insiders up to?
Over the last 12 months, executives and large shareholders at RSVR have bought more shares than they have sold.
Golnar Khosrowshahi, Chief Executive Officer of RSVR, was the latest RSVR insider to sell. They sold $649,656.24 worth of RSVR shares on Apr 1, 2024.
Research more about who owns RSVR shares here.
Can I get consistent income from RSVR stock?
No, Reservoir Media doesn't provide an income stream by paying out dividends.
What others are saying about RSVR
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Step 5: Execute your RSVR buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open button and your broker will execute your order.
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Step 6: Watch your investment in RSVR
Now that you own some shares in RSVR, you'll want to keep up with your company.
Add RSVR to a watchlist to track your RSVR stock.
RSVR Feed
How to Buy Stock in Reservoir Media
To reiterate, here are the 6 steps to buy stock in Reservoir Media:
- Decide where to buy Reservoir Media stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Reservoir Media stock
- Execute your RSVR buy order
- Watch your investment in RSVR
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Reservoir Media, click the button below.
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