How to Buy Shimmick Stock
Shimmick Corp
Shimmick Corporation provides water and other critical infrastructure solutions in the United States.
Shimmick stock last closed at $3.64, up 0.83% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Engineering & Construction industry by N/A percentage points. Shimmick stock is currently +69.3% from its 52-week low of $2.15, and -54.44% from its 52-week high of $7.99.
There are currently 25.58M SHIM shares outstanding. The market cap of SHIM is $93.09M. In the past 24 hours, 19,548 SHIM shares were traded.
How to Buy Shimmick Stock
Wondering how to invest in Shimmick stock? Here's how.
- Decide where to buy Shimmick stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Shimmick stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your information.
- Evaluate Shimmick stock: The Shimmick ticker symbol is SHIM. Is Shimmick stock a good investment? Should you buy shares of SHIM? How do SHIM's underlying business fundamentals look? Do top analysts think Shimmick is a good buy? Why has SHIM's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if SHIM is a good stock to buy).
- Place your SHIM purchase: Decide if you will purchase SHIM shares at the current market price or use a limit order to purchase SHIM stock at a particular price.
- Get key alerts regarding your SHIM investment: Create a watchlist to keep track of your position in Shimmick stock.
Step 1: Decide where to buy Shimmick stock
You will need an online brokerage account to access the NASDAQ market and buy SHIM shares.
Our favorite brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you are able to buy SHIM 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.
- Enter your personal details to start your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on the stocks app, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Evaluate Shimmick stock
Once you have identified the best place to buy Shimmick stock, it's crucial to analyze their stock prior to investing, so you can understand the risk as well as the upside.
Shimmick shares data
Fundamentals of SHIM
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on SHIM's stock page.
Is SHIM stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SHIM's fair value.
Using relative valuations metrics:
- SHIM may be undervalued based on its P/B ratio of 1.31x, relative to Engineering & Construction industry P/B ratio of 4.08x
You can access additional valuation research on SHIM's stock here.
A quick look at SHIM Financials
Pros:
- SHIM has cash burn of 59167000. It has enough cash and short-term investments to cover this for at least one year.
- SHIM has $63.91M in cash and short term investments. This is enough to cover its annual cash burn of $59.17M.
- There are more short-term assets than long-term liabilities on the SHIM balance sheet.
Cons:
- There are more short-term liabilities than short-term assets on the SHIM balance sheet.
- SHIM profit margin has gone down from 0.6% to -0.4% in the past year.
- SHIM has a relatively high debt to equity ratio of 5.
Do analysts think it's a good time to buy SHIM stock
Out of 2 Equities analysts who monitor SHIM, the consensus analyst rating on SHIM is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Shimmick stock forecast page.
SHIM Technical Indicators
SHIM Growth Metrics
Last year, SHIM revenue was $632.81M. In the last two year, SHIM's revenue has grown by 5.12% per year. This was slower than the Engineering & Construction industry average of 13.5%.
You can research SHIM's earnings and revenue performance here.
Are SHIM insiders buying or selling the stock?
In the past year, insiders at SHIM have bought more shares than they have sold.
Devin Nordhagen, Executive Vice President Chief Financial Officer of SHIM, was the latest SHIM insider to buy. They bought $999,999.00 worth of SHIM shares on Nov 15, 2023.
Research more about who owns SHIM shares here.
Can I rely on SHIM as an income stream?
No, Shimmick doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your SHIM purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly 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 specific dollar amount, place a limit order.
Hit the Open button and eToro will place the order.
If you want more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your SHIM investment
Now that you own some SHIM stock, you'll want to stay up-to-date on your new company.
Put SHIM on a watchlist to keep tabs on your SHIM stock.
SHIM Feed
How to Buy Stock in Shimmick
To reiterate, here are the 6 steps to buy Shimmick stock:
- Decide where to buy Shimmick stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Evaluate Shimmick stock
- Place your SHIM purchase
- Get key alerts regarding your SHIM investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Shimmick, click below.
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