How to Buy Safety Shot Stock
Safety Shot Inc
Safety Shot, Inc. , a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property.
Safety Shot stock last closed at $0.54, down 3.89% from the previous day, and has decreased 76.59% in one year. It has underperformed other stocks in the Beverages - Non-Alcoholic industry by 1.07 percentage points. Safety Shot stock is currently +6.05% from its 52-week low of $0.51, and -86.58% from its 52-week high of $4.05.
At the moment, there are 61.14M SHOT shares outstanding. The market capitalization of SHOT is $33.20M. In the last 24 hours, 1.04M SHOT shares were traded.
How to Buy Safety Shot Stock
Not sure how to invest in Safety Shot stock? Here's how.
- Figure out where to buy Safety Shot stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Safety Shot stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your details.
- Evaluate Safety Shot stock: The Safety Shot ticker symbol is SHOT. Is Safety Shot stock a good investment? Should you buy shares of SHOT? How do SHOT's underlying business fundamentals look? Do top analysts think Safety Shot is a good buy? Why has SHOT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if SHOT is a good stock to buy).
- Place your SHOT buy order: Decide if you will purchase SHOT shares at the current market price or use a limit order to buy SHOT shares at a particular price.
- Keep tabs on your SHOT position: Create a watchlist to track your position in Safety Shot stock.
Step 1: Figure out where to buy Safety Shot stock
You will need a brokerage account to access the NASDAQ market and buy SHOT shares.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for 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 invest in SHOT today.
How to Create a New Investment 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.
- Provide your personal data to start your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on a investment app, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Evaluate Safety Shot stock
After you have selected the best place to buy Safety Shot stock, it's crucial to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
Safety Shot stock at a glance
Safety Shot Overview
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on SHOT's stock page.
How is SHOT stock valued?
You can use many financial metrics, analyses, models, and charts to gauge SHOT's true value.
Using relative valuations methods:
- SHOT may be undervalued based on its P/B ratio of 5.2x, relative to Beverages - Non-Alcoholic industry P/B ratio of 6.66x
You can access additional valuation research on SHOT's stock here.
A quick look at SHOT Financials
Passed Financial Due Diligence Checks:
- SHOT has a low debt to equity ratio of 0.31.
- There are more short-term assets than long-term liabilities on the SHOT balance sheet.
- There are more short-term assets than short-term liabilities on the SHOT balance sheet.
Failed Financial Due Diligence Checks:
- SHOT has $1.92M in cash and short term investments. This is not enough to cover its annual cash burn of $22.75M.
- SHOT has cash burn of 22752795. It does not have enough cash and short-term investments to cover this.
- SHOT profit margin has gone up by 238.2 percentage points in the past year, but the company is still unprofitable.
SHOT Technical Indicators
How are SHOT Revenues/Earnings doing?
Last year, SHOT revenue was $1.12M. During the past four year, SHOT's revenue has increased by 10.5% per year. This was faster than the Beverages - Non-Alcoholic industry average of 7.61%.
You can research SHOT's earnings and revenue performance here.
Are SHOT insiders buying or selling the stock?
Over the past year, insiders at SHOT have bought more shares than they have sold.
Christopher Melton, Director of SHOT, was the latest SHOT insider to sell. They sold $2,966.85 worth of SHOT stock on Dec 11, 2024.
Learn more about who owns SHOT stock here.
Can I get consistent income from SHOT stock?
No, Safety Shot doesn't provide an income stream by paying out dividends.
What do other investors have to say about SHOT?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your SHOT buy order
You have two primary options:
- 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 stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will execute your order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your SHOT position
Now that you own some shares in SHOT, you'll want to stay up-to-date on your new investment.
Put SHOT on a watchlist to track the most important metrics related to your SHOT stock.
SHOT Feed
How to Buy Stock in Safety Shot
To reiterate, here are the 6 steps to buy Safety Shot stock:
- Figure out where to buy Safety Shot stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Safety Shot stock
- Place your SHOT buy order
- Keep tabs on your SHOT position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Safety Shot, create your watchlist below.
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