How to Buy Ribbon Communications Stock
Ribbon Communications Inc
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.
Ribbon Communications stock last closed at $3.24, down 0.31% from the previous day, and has increased 36.71% in one year. It has overperformed other stocks in the Telecom Services industry by 0.56 percentage points. Ribbon Communications stock is currently +82.02% from its 52-week low of $1.78, and -11.23% from its 52-week high of $3.65.
There are currently 172.46M RBBN shares outstanding. The market capitalization of RBBN is $558.78M. In the past 24 hours, 1.48M RBBN shares were traded.
How to Buy Ribbon Communications Stock
Not sure how to invest in Ribbon Communications stock? Here's how.
- Decide where to buy Ribbon Communications stock: You need to choose 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 Ribbon Communications stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your information.
- Evaluate Ribbon Communications stock: The Ribbon Communications ticker symbol is RBBN. Is Ribbon Communications stock a good investment? Should you buy shares of RBBN? How do RBBN's underlying business fundamentals look? Do top analysts think Ribbon Communications is a good buy? Why has RBBN's stock price moved recently? (Hint: Our stock research website can help you figure out if RBBN is a good stock to buy).
- Place your RBBN trade: Decide if you will purchase RBBN shares at the current market price or use a limit order to purchase RBBN stock at a given price.
- Watch your RBBN position: Create a watchlist to track your new investment in Ribbon Communications shares.
Step 1: Decide where to buy Ribbon Communications stock
You need a brokerage account in order to access the NASDAQ market and buy RBBN shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you can invest in RBBN stock today.
How to Create 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.
- Input your personal data to create a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on stock market app, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring funds into your new investment account.
Step 4: Evaluate Ribbon Communications stock
Once you have figured out the best place to buy Ribbon Communications stock, it's important to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Ribbon Communications Metrics
Ribbon Communications Zen Score
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on RBBN's stock page.
Is RBBN stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge RBBN's intrinsic value.
Using relative valuations ratios:
- RBBN may be undervalued based on its P/B ratio of 1.23x, relative to Telecom Services industry P/B ratio of 1.55x
You can do more valuation research on RBBN's stock here.
Is RBBN a healthy company?
Pros:
- There are more short-term assets than long-term liabilities on the RBBN balance sheet.
- RBBN profit margin has gone up from -12% to -8% in the past year.
- There are more short-term assets than short-term liabilities on the RBBN balance sheet.
Cons:
- Total RBBN debt is higher than 5 years ago, relative to shareholder equity.
- RBBN has a relatively high debt to equity ratio of 1.53.
- RBBN's operating cash flow of $17.09M allows it to safely service it's debt of $287.03M.
- RBBN earnings of -$28.05M is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy RBBN stock
Out of 1 sell side analysts who give recommendations on RBBN, the consensus analyst rating on Ribbon Communications is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Ribbon Communications stock forecast page.
RBBN Technicals
RBBN Earnings
Last year, RBBN revenue was $826.34M. Over the last 5 year, RBBN's revenue has gone up by 7.41% per year. This was faster than the Telecom Services industry average of 3.25%.
Find out more about RBBN's earnings and revenue performance here.
Are RBBN insiders buying or selling the stock?
Over the last 12 months, insiders at RBBN have sold more shares than they have bought.
Sam Bucci, EVP COO of RBBN, was the latest RBBN insider to sell. They sold $36,743.29 worth of RBBN stock on Apr 18, 2024.
Get more info about who owns RBBN shares here.
Does RBBN provide a stable income stream?
No, Ribbon Communications doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your RBBN trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - 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 specific price, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Watch your RBBN position
Now that you own some shares in RBBN, you'll want to stay up-to-date on your new company.
Put RBBN on a watchlist to keep tabs on your RBBN stock.
RBBN Feed
How to Buy Stock in Ribbon Communications
To reiterate, here are the 6 steps you need to take to buy Ribbon Communications stock right now:
- Decide where to buy Ribbon Communications stock
- Open your brokerage account
- Fund your investment account
- Evaluate Ribbon Communications stock
- Place your RBBN trade
- Watch your RBBN position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Ribbon Communications, click the button below.
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