How to Buy Roadzen Stock
Roadzen Inc
RoadZen, lnc. provides an online on-demand roadside assistance services with a network of towing and roadside repair providers in India.
Roadzen stock last closed at $4.49, up 0.67% from the previous day, and has decreased 57.4% in one year. It has underperformed other stocks in the Insurance Brokers industry by 0.73 percentage points. Roadzen stock is currently +66.3% from its 52-week low of $2.70, and -73.59% from its 52-week high of $17.00.
As of May 3, 2024, there are 68.44M shares of RDZN outstanding. The market cap of RDZN is $307.30M. In the past 24 hours, 7446 RDZN shares were traded.
How to Buy Roadzen Stock
Not sure how to invest in Roadzen stock? Here's how.
- Choose where to buy Roadzen stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Roadzen stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your information.
- Research Roadzen stock: The Roadzen ticker symbol is RDZN. Is Roadzen stock a good investment? Should you buy shares of RDZN? How do RDZN's underlying business fundamentals look? Do top analysts think Roadzen is a good buy? Why has RDZN's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if RDZN is a good stock to buy).
- Make your RDZN buy order: Decide if you will purchase RDZN shares at the current market price or use a limit order to buy RDZN stock at a specific price.
- Keep tabs on your investment in RDZN: Create a watchlist to important updates regarding your new investment in Roadzen stock.
Step 1: Choose where to buy Roadzen stock
You need a brokerage account to access the NASDAQ market and buy RDZN shares.
Our favorite brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you can buy RDZN today.
How to Start 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.
- Enter your personal details to create a new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on the best stock trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing funds into your new brokerage account.
Step 4: Research Roadzen stock
Once you have selected the best place to buy Roadzen stock, it's very important to research their stock before you invest, so you can comprehend the risk and upside.
Roadzen shares at a glance
Fundamentals of RDZN
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on RDZN's stock page.
Is RDZN stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RDZN's true value.
You can access more valuation analysis on RDZN's stock here.
RDZN Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the RDZN balance sheet.
Failed Financial Due Diligence Checks:
- RDZN debt to equity ratio of -109.08 is negative.
- There are more short-term liabilities than short-term assets on the RDZN balance sheet.
- Total RDZN debt is still negative.
RDZN Momentum
Who is buying/selling RDZN?
In the past year, executives and large shareholders at RDZN have bought more shares than they have sold.
Ajay Shah, Director of RDZN, was the latest RDZN insider to buy. They bought $31,000.00 worth of RDZN shares on Dec 13, 2023.
Learn more about who owns RDZN shares here.
Can I get consistent income from RDZN stock?
No, Roadzen doesn't provide an income stream by paying out dividends.
What do other traders have to say about RDZN?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your RDZN 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 available price.
Market orders are generally fine for most investors. - 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 sure you're buying or selling at a given price, use a limit order.
Hit the Open button and your broker will place your order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in RDZN
Now that you own some RDZN stock, you'll want to stay up-to-date on your investment.
Add RDZN to a watchlist to track the most important metrics related to your RDZN stock.
RDZN Feed
How to Buy Stock in Roadzen
To reiterate, here are the 6 steps you need to take to buy Roadzen stock right now:
- Choose where to buy Roadzen stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Roadzen stock
- Make your RDZN buy order
- Keep tabs on your investment in RDZN
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Roadzen, create a watchlist on WallStreetZen today.
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