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 $1.04, down 1.43% from the previous day, and has decreased 65.2% in one year. It has underperformed other stocks in the Pharmaceutical Retailers industry by 0.25 percentage points. Ridgetech stock is currently +43.75% from its 52-week low of $0.72, and -77% from its 52-week high of $4.50.
There are currently 6.65M RDGT shares outstanding. The market cap of RDGT is $6.89M. In the last 24 hours, 2231 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 decide on an online brokerage, but don't worry - we've sifted through dozens of stock 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 identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- 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 analysis tools 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 stock at a particular price.
- Get key alerts regarding your investment in RDGT: Create a watchlist to important updates regarding your investment in Ridgetech stock.
Step 1: Figure out where to buy Ridgetech stock
You need an online brokerage account in order to access the NASDAQ market and buy RDGT stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you can invest in RDGT today.
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- 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.
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Step 3: Put funds into your brokerage account
Now that you've filled out your info on one of the most highly reviewed stock trading apps, you need to deposit funds:
Check out the video below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Ridgetech stock
Once you have identified the best place to buy Ridgetech stock, it's crucial to research their stock before you buy, so you actually comprehend the risk and upside.
Ridgetech shares at a glance
RDGT Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on RDGT's stock page.
Is RDGT stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge RDGT's true value.
Using relative valuations ratios:
- RDGT may be undervalued based on its P/B ratio of 0.32x, relative to Pharmaceutical Retailers industry P/B ratio of 1.39x
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.
- RDGT has cash burn of 14943503. It has enough 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 RDGT balance sheet.
- RDGT profit margin has gone up from -13.9% to -3.8% in the past year.
- RDGT has $31.09M in cash and short term investments. This is enough to cover its annual cash burn of $14.94M.
Failed Financial Due Diligence Checks:
- RDGT has a relatively high debt to equity ratio of 3.45.
- Total RDGT debt is higher than 5 years ago, relative to shareholder equity.
RDGT Technicals
RDGT Performance Numbers
Last year, RDGT revenue was $147.13M. In the last five year, RDGT's revenue has increased by 5.8% per year. This was slower than the Pharmaceutical Retailers industry average of 6.02%.
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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