How to Buy Sidus Space Stock
Sidus Space Inc
Sidus Space, Inc. , a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide.
Sidus Space stock last closed at $3.29, down 1.2% from the previous day, and has decreased 86.63% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.98 percentage points. Sidus Space stock is currently +11.9% from its 52-week low of $2.94, and -87.35% from its 52-week high of $26.00.
There are currently 4.18M shares of SIDU outstanding. The market value of SIDU is $13.76M. In the past 24 hours, 58,356 SIDU shares were traded.
How to Buy Sidus Space Stock
Wondering how to invest in Sidus Space stock? Here's how.
- Choose where to buy Sidus Space stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Sidus Space stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your payment method and add your details.
- Evaluate Sidus Space stock: The Sidus Space ticker symbol is SIDU. Is Sidus Space stock a good investment? Should you buy shares of SIDU? How do SIDU's underlying business fundamentals look? Do top analysts think Sidus Space is a good buy? Why has SIDU's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SIDU is a good stock to buy).
- Execute your SIDU purchase: Decide if you will purchase SIDU shares at the current market price or use a limit order to purchase SIDU shares at a particular price.
- Keep tabs on your SIDU investment: Create a watchlist to watch your position in Sidus Space stock.
Step 1: Choose where to buy Sidus Space stock
You will need an online brokerage account in order to access the NASDAQ market and buy SIDU shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in SIDU stock today.
How to Set Up a New 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 data to create a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best stock market app for beginners, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring money into your brokerage account.
Step 4: Evaluate Sidus Space stock
Once you have decided on the best place to buy Sidus Space stock, it's very important to analyze their stock before you buy, so you can comprehend the risk and upside.
Sidus Space stock data
SIDU Fundamentals
WallStreetZen was created to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on SIDU's stock page.
Is SIDU stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SIDU's fair value.
Using relative valuations ratios:
- SIDU could be undervalued based on its P/B ratio of 1.93x, relative to Aerospace & Defense industry P/B ratio of 5.37x
You can do additional valuation analysis on SIDU's stock here.
SIDU Financial Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the SIDU balance sheet.
Negative Financial Indicators:
- SIDU has a relatively high debt to equity ratio of 1.71.
- SIDU has $1.22M in cash and short term investments. This is not enough to cover its annual cash burn of $18.96M.
- SIDU has cash burn of 18957642. It does not have enough cash and short-term investments to cover this.
- SIDU profit margin has gone down from -176% to -243.7% in the past year.
- There are more short-term liabilities than short-term assets on the SIDU balance sheet.
Is it a good time to buy SIDU stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who give recommendations on SIDU, the consensus analyst rating on SIDU is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Sidus Space stock forecast page.
Metrics for Advanced SIDU Traders
SIDU Growth Metrics
Last year, SIDU revenue was $5.96M. During the last 4 year, SIDU's revenue has gone up by 20.82% per year. This was faster than the Aerospace & Defense industry average of 7.45%.
Learn more about SIDU's earnings and revenue performance here.
Are SIDU insiders buying or selling the stock?
In the last year, insiders at SIDU have bought more shares than they have sold.
Carol Marlene Craig, CEO of SIDU, was the latest SIDU insider to buy. They bought $115,500.00 worth of SIDU shares on May 17, 2023.
Learn more about who owns SIDU shares here.
Can I get consistent income from SIDU stock?
No, Sidus Space doesn't provide an income stream by paying out dividends.
What others are saying about SIDU
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your SIDU purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and eToro will place the order.
If you need more help with investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your SIDU investment
Now that you own some shares in SIDU, you'll want to keep up with your new investment.
Create a watchlist to see the latest developments about your SIDU stock.
SIDU Feed
How to Buy Stock in Sidus Space
To reiterate, here are the 6 steps to buy stock in Sidus Space:
- Choose where to buy Sidus Space stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Sidus Space stock
- Execute your SIDU purchase
- Keep tabs on your SIDU investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Sidus Space, click below.
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