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How to Buy Shiftpixy Stock

Shiftpixy Inc

ShiftPixy, Inc. , together with its subsidiaries, provides staffing solutions in the United States.

Shiftpixy stock last closed at $2.08, down 5.45% from the previous day, and has decreased 97.1% in one year. It has underperformed other stocks in the Staffing & Employment Services industry by 1.01 percentage points. Shiftpixy stock is currently +35.06% from its 52-week low of $1.54, and -97.54% from its 52-week high of $84.72.

There are currently 6.76M PIXY shares outstanding. The market capitalization of PIXY is $14.05M. In the last 24 hours, 673,949 PIXY shares were traded.

How to Buy Shiftpixy Stock

Wondering how to invest in Shiftpixy stock? Here's how.
  1. Figure out where to buy Shiftpixy stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Shiftpixy stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your payment method and add your info.
  4. Evaluate Shiftpixy stock: The Shiftpixy ticker symbol is PIXY. Is Shiftpixy stock a good investment? Should you buy shares of PIXY? How do PIXY's underlying business fundamentals look? Do top analysts think Shiftpixy is a good buy? Why has PIXY's stock price moved recently? (Hint: Our stock market analysis website can help you understand if PIXY is a good stock to buy).
  5. Execute your PIXY purchase: Decide if you will purchase PIXY shares at the current market price or use a limit order to buy PIXY shares at a given price.
  6. Keep tabs on your investment in PIXY: Create a watchlist to watch your investment in Shiftpixy shares.

Step 1: Figure out where to buy Shiftpixy stock

You will need an online brokerage account in order to access the NASDAQ market and buy PIXY shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal information so you can invest in PIXY stock today.

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  1. Click here to get started.
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  2. Provide your personal info to create a new brokerage account.
  1. Submit your application by pressing the "Create Account" button.
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Step 3: Fund your investment account

Now that you've filled out your info on app for investing, you can securely and quickly fund your account:

Check out the walkthrough below for more details depositing funds into your new brokerage account.

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Step 4: Evaluate Shiftpixy stock

Once you have chosen the best place to buy Shiftpixy stock, it's important to analyze their stock prior to buying, so you actually comprehend the risk and upside.

Shiftpixy Metrics

PIXY Price
$2.08
1w %
16.2%
1y %
-97.1%
5y %
-100%
P/E
0.13x
P/B
-0.24x
P/S
0.75x
PEG
N/A
Revenue
$14.87M
Earnings
-$167.57M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$14.05M
Next Earnings
N/A
Next Dividend
N/A

Shiftpixy Zen Score

WallStreetZen was designed to help average investors do more accurate fundamental analysis.

You can see all of the due diligence checks on PIXY's stock page.

Is PIXY stock overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge PIXY's true value.

Using relative valuations methods:

  • PIXY may be undervalued based on its P/E ratio of 0.13x, relative to Staffing & Employment Services industry P/E ratio of 27.54x

You can do additional valuation analysis on PIXY's stock here.

PIXY Financial Overview

Failed Financial Due Diligence Checks:

  • Total PIXY debt is still negative.
  • PIXY has cash burn of 6037000. It does not have sufficient cash and short-term investments to cover this.
  • PIXY debt to equity ratio of -1.08 is negative.
  • PIXY profit margin has gone down from -1,126.2% to -1,126.9% in the past year.
  • There are more short-term liabilities than short-term assets on the PIXY balance sheet.
  • PIXY has $21.00k in cash and short term investments. This is not sufficient to cover its annual cash burn of $6.04M.
  • There are more long-term liabilities than short-term assets on the PIXY balance sheet.

PIXY Technical Indicators

SMA10
2.04
SMA20
2.34
SMA50
3.38
SMA100
4.84
SMA200
10.89
MACD
-0.46
MACD Signal
-0.49
MACD Histogram
0.03
RSI
41.22
Stochastic %K
31.96
Stochastic %D
21.67
StochRSI %K
61.86
StochRSI %D
39.92

PIXY Revenue

Last year, PIXY revenue was $14.87M. During the past 4 year, PIXY's revenue has gone up by 4.22% per year. This was slower than the Staffing & Employment Services industry average of 8.55%.

Learn more about PIXY's earnings and revenue performance here.

What are PIXY insiders up to?

Over the last 12 months, executives and large shareholders at PIXY have not bought or sold any shares.

Research more about who owns PIXY shares here.

Can I rely on PIXY as an income stream?

No, Shiftpixy doesn't provide an income stream by paying out dividends.

PIXY Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your PIXY purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, use a limit order.

Click the Open Trade button and your broker will place the order.

If you require additional info about buying stocks on eToro, click the helpful video below:

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Step 6: Keep tabs on your investment in PIXY

Now that you own some shares in PIXY, you'll want to stay up-to-date on your new investment.

Put PIXY on a watchlist to get alerted to the latest events about your PIXY stock.

PIXY Feed

How to Buy Stock in Shiftpixy

To reiterate, here are the 6 steps you need to take to buy Shiftpixy stock right now:

  1. Figure out where to buy Shiftpixy stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Evaluate Shiftpixy stock
  5. Execute your PIXY purchase
  6. Keep tabs on your investment in PIXY

If you are looking for a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Shiftpixy, hit the button below to create your watchlist.

NASDAQ: PIXY
$2.08-0.12 (-5.45%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: PIXY
$2.08-0.12 (-5.45%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Shiftpixy share?

As of Apr 23, 2024, it costs $2.08 to buy one share of Shiftpixy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.481 shares of PIXY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Shiftpixy stock?

One way to place an order for Shiftpixy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.