How to Buy Shineco Stock
Shineco Inc
Shineco, Inc. engages in processing and distributing specialized fabrics, textiles, and other byproducts derived from an indigenous Chinese plant Apocynum Venetum in the People's Republic of China.
Shineco stock last closed at $0.76, down 0.79% from the previous day, and has decreased 88.01% in one year. It has underperformed other stocks in the Farm Products industry by 0.71 percentage points. Shineco stock is currently +23.57% from its 52-week low of $0.61, and -89.93% from its 52-week high of $7.50.
At the moment, there are 6.41M shares of SISI outstanding. The market capitalization of SISI is $4.84M. In the past 24 hours, 2863 SISI shares were traded.
How to Buy Shineco Stock
Not sure how to invest in Shineco stock? Here's how.
- Decide where to buy Shineco stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Shineco stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your details.
- Analyze Shineco stock: The Shineco ticker symbol is SISI. Is Shineco stock a good investment? Should you buy shares of SISI? How do SISI's underlying business fundamentals look? Do top analysts think Shineco is a good buy? Why has SISI's stock price moved recently? (Hint: Our stock market research tools can help you decide if SISI is a good stock to buy).
- Place your SISI purchase: Decide if you will purchase SISI shares at the current market price or use a limit order to purchase SISI stock at a given price.
- Monitor your SISI investment: Create a watchlist to keep tabs on your new investment in Shineco shares.
Step 1: Decide where to buy Shineco stock
You will need an online brokerage account in order to access the NASDAQ market and buy SISI stock.
Our preferred brokerage: eToro
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Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in SISI stock 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.
- Input your personal details to create your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on the best app for stock investing, you can securely and quickly fund your account:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Analyze Shineco stock
Once you have chosen the best place to buy Shineco stock, it's very important to research their stock prior to buying, so you can understand the risk as well as the upside.
Shineco shares quick numbers
Shineco Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on SISI's stock page.
Is SISI stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SISI's fair value.
Using relative valuations methods:
- SISI may be undervalued based on its P/B ratio of 0.12x, relative to Farm Products industry P/B ratio of 1.24x
You can access more valuation analysis on SISI's stock here.
SISI Financials at a glance
Passed Health Checks:
- SISI has $1.19M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.37M.
- There are more short-term assets than long-term liabilities on the SISI balance sheet.
Failed Health Checks:
- There are more short-term liabilities than short-term assets on the SISI balance sheet.
- SISI profit margin has gone down from 1,110.3% to -207.5% in the past year.
- SISI has cash burn of 6366721. It does not have enough cash and short-term investments to cover this.
- Total SISI debt is higher than 5 years ago, relative to shareholder equity.
- SISI has a relatively high debt to equity ratio of 1.32.
SISI Trading Indicators
SISI Revenue
Last year, SISI revenue was $3.43M. During the past five year, SISI's revenue has increased by -38.17% per year. This was slower than the Farm Products industry average of 7.1%.
Dig into SISI's earnings and revenue performance here.
Who is buying/selling SISI?
In the last 12 months, insiders at SISI have not bought or sold any shares.
Research more about who owns SISI shares here.
Does SISI stock generate passive income?
No, Shineco doesn't provide an income stream by paying out dividends.
SISI Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your SISI purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open button and eToro will execute the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your SISI investment
Now that you own some shares in SISI, you'll want to keep up with your stock purchase.
Create a watchlist to keep tabs on your SISI stock.
SISI Feed
How to Buy Stock in Shineco
To reiterate, here are the 6 steps to buy Shineco stock:
- Decide where to buy Shineco stock
- Open your brokerage account
- Put funds into your investment account
- Analyze Shineco stock
- Place your SISI purchase
- Monitor your SISI investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Shineco, add SISI to your watchlist below.
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