How to Buy Soundthinking Stock
Soundthinking Inc
ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States, South Africa, and the Bahamas.
Soundthinking stock last closed at $13.46, up 1.05% from the previous day, and has decreased 52.32% in one year. It has underperformed other stocks in the Software - Application industry by 0.76 percentage points. Soundthinking stock is currently +3.7% from its 52-week low of $12.98, and -57.99% from its 52-week high of $32.04.
As of Apr 24, 2024, there are 12.79M SSTI shares outstanding. The market capitalization of SSTI is $172.11M. In the past 24 hours, 67,221 SSTI shares were traded.
How to Buy Soundthinking Stock
Not sure how to invest in Soundthinking stock? Here's how.
- Choose where to buy Soundthinking stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Soundthinking stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your details.
- Analyze Soundthinking stock: The Soundthinking ticker symbol is SSTI. Is Soundthinking stock a good investment? Should you buy shares of SSTI? How do SSTI's underlying business fundamentals look? Do top analysts think Soundthinking is a good buy? Why has SSTI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SSTI is a good stock to buy).
- Execute your SSTI trade: Decide if you will purchase SSTI shares at the current market price or use a limit order to purchase SSTI stock at a particular price.
- Get key alerts regarding your SSTI position: Create a watchlist to keep track of your position in Soundthinking shares.
Step 1: Choose where to buy Soundthinking stock
You need an online brokerage account in order to access the NASDAQ market and buy SSTI shares.
Our preferred brokerage: eToro
We believe that eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy 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 unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you can invest in SSTI 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 details to start a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on a good stock buying app, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing funds into your new investment account.
Step 4: Analyze Soundthinking stock
After you have selected the best place to buy Soundthinking stock, it's important to research their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Overview of key SSTI info
Soundthinking Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on SSTI's stock page.
Is SSTI stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SSTI's true value.
Using relative valuations methods:
- SSTI may be undervalued based on its P/B ratio of 2.3x, relative to Software - Application industry P/B ratio of 6.53x
You can do additional valuation analysis on SSTI's stock here.
Is SSTI a healthy company?
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the SSTI balance sheet.
- Total SSTI debt is lower than 5 years ago, relative to shareholder equity.
- SSTI's operating cash flow of $10.95M allows it to safely service it's debt of $7.00M.
Negative Financial Indicators:
- There are more short-term liabilities than short-term assets on the SSTI balance sheet.
- SSTI earnings of -$1.47M is not enough to cover its interest payments.
- SSTI profit margin has gone down from 7.9% to -2.9% in the past year.
- SSTI has a relatively high debt to equity ratio of 0.86.
Is Soundthinking stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Wall Street analysts who give forecasts on SSTI, the consensus analyst rating on Soundthinking is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Soundthinking stock forecast page.
SSTI Technical Indicators
SSTI Performance Numbers
Last year, SSTI revenue was $92.72M. In the past 5 year, SSTI's revenue has gone up by 21.68% per year. This was slower than the Software - Application industry average of 27.59%.
Find out more about SSTI's earnings and revenue performance here.
What are SSTI executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at SSTI have sold more shares than they have bought.
Ralph A. Clark, President and CEO of SSTI, was the latest SSTI insider to sell. They sold $4,423.97 worth of SSTI stock on Mar 11, 2024.
Dig into more about who owns SSTI shares here.
Does SSTI provide a stable income stream?
No, Soundthinking doesn't provide an income stream by paying out dividends.
SSTI Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your SSTI trade
You have two main types of orders:
- 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 the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will place the order.
If you want additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your SSTI position
Now that you own some SSTI stock, you'll want to stay up-to-date on your new company.
Start a watchlist to see the latest developments about your SSTI stock.
SSTI Feed
How to Buy Stock in Soundthinking
To summarize, here are the 6 steps you need to take to buy Soundthinking stock right now:
- Choose where to buy Soundthinking stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Soundthinking stock
- Execute your SSTI trade
- Get key alerts regarding your SSTI position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your investment in Soundthinking, hit the button below to create your watchlist.
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