How to Buy Ridgetech Stock
Ridgetech Inc
Ridgetech Inc operates as a holding company. The Company, through its subsidiaries, wholesales, distributes, and retails pharmaceutical and other healthcare products. .
Ridgetech stock last closed at $1.23, down 0.81% from the previous day, and has decreased 18.54% in one year. It has underperformed other stocks in the Pharmaceutical Retailers industry by 0.05 percentage points. Ridgetech stock is currently +70.83% from its 52-week low of $0.72, and -72.67% from its 52-week high of $4.50.
At the moment, there are 5.86M shares of RDGT outstanding. The market value of RDGT is $7.20M. In the last 24 hours, 2300 RDGT shares were traded.
How to Buy Ridgetech Stock
Wondering how to invest in Ridgetech stock? Here's how.
- Figure out where to buy Ridgetech stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Ridgetech stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your details.
- Evaluate Ridgetech stock: The Ridgetech ticker symbol is RDGT. Is Ridgetech stock a good investment? Should you buy shares of RDGT? How do RDGT's underlying business fundamentals look? Do top analysts think Ridgetech is a good buy? Why has RDGT's stock price moved recently? (Hint: Our stock market research website can help you understand if RDGT is a good stock to buy).
- Make your RDGT buy order: Decide if you will purchase RDGT shares at the current market price or use a limit order to buy RDGT shares at a specific price.
- Get key alerts regarding your investment in RDGT: Create a watchlist to important notifications about your position in Ridgetech shares.
Step 1: Figure out where to buy Ridgetech stock
You need a brokerage account in order to access the NASDAQ market and buy RDGT shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to buy RDGT stock today.
How to Open a New Brokerage 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 start your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on stock market apps, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring money into your new brokerage account.
Step 4: Evaluate Ridgetech stock
Once you have figured out the best place to buy Ridgetech stock, it's important to analyze their stock before you invest, so you truly comprehend the risk as well as the upside.
Ridgetech shares data
Fundamentals of RDGT
WallStreetZen was built to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on RDGT's stock page.
Is RDGT stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge RDGT's fair value.
Using relative valuations measures:
- RDGT could be undervalued based on its P/E ratio of 0.67x, relative to Pharmaceutical Retailers industry P/E ratio of -0.65x
- RDGT may be undervalued based on its P/B ratio of 0.24x, relative to Pharmaceutical Retailers industry P/B ratio of 1.47x
You can do more valuation research on RDGT's stock here.
A look at RDGT Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the RDGT balance sheet.
- Total RDGT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the RDGT balance sheet.
- RDGT profit margin has gone up from -3.4% to 8.5% in the past year.
- RDGT earnings of $10.70M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- RDGT's operating cash flow of $1.25M allows it to safely service it's debt of $10.39M.
- RDGT has a relatively high debt to equity ratio of 1.18.
RDGT Technicals
RDGT Performance Numbers
Last year, RDGT revenue was $119.97M. In the last five year, RDGT's revenue has increased by 0.45% per year. This was slower than the Pharmaceutical Retailers industry average of 7.31%.
Dig into RDGT's earnings and revenue performance here.
What are RDGT executives and large shareholders up to?
In the past year, executives and large shareholders at RDGT have not bought or sold any shares.
Learn more about who owns RDGT shares here.
Can I get consistent income from RDGT stock?
No, Ridgetech doesn't provide an income stream by paying out dividends.
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Step 5: Make your RDGT buy order
There are 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 the easiest way to buy. - 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 certain you're buying or selling at a particular price limit, place a limit order.
Hit the Open button and eToro will execute your order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in RDGT
Now that you own some RDGT stock, you'll want to keep up with your shares.
Start a watchlist to track the most important metrics related to your RDGT stock.
RDGT Feed
How to Buy Stock in Ridgetech
To reiterate, here are the 6 steps to buy Ridgetech stock:
- Figure out where to buy Ridgetech stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate Ridgetech stock
- Make your RDGT buy order
- Get key alerts regarding your investment in RDGT
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Ridgetech, add RDGT to your watchlist below.
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