How to Buy Signing Day Sports Stock
Signing Day Sports Inc
Signing Day Sports is a app company located in Arizona, United States, which is part of the Technology sector, and is traded under the ticker SGN on the NYSEMKT exchange.
Signing Day Sports stock last closed at $0.30, down 6.65% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Software - Application industry by N/A percentage points. Signing Day Sports stock is currently +15.69% from its 52-week low of $0.26, and -94.2% from its 52-week high of $5.09.
As of May 8, 2024, there are 15.37M SGN shares outstanding. The market value of SGN is $4.53M. In the past 24 hours, 8875 SGN shares were traded.
How to Buy Signing Day Sports Stock
Wondering how to invest in Signing Day Sports stock? Here's how.
- Decide where to buy Signing Day Sports stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Signing Day Sports stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Signing Day Sports stock: The Signing Day Sports ticker symbol is SGN. Is Signing Day Sports stock a good investment? Should you buy shares of SGN? How do SGN's underlying business fundamentals look? Do top analysts think Signing Day Sports is a good buy? Why has SGN's stock price moved recently? (Hint: Our stock market research tools can help you understand if SGN is a good stock to buy).
- Place your SGN purchase: Decide if you will purchase SGN shares at the current market price or use a limit order to purchase SGN stock at a particular price.
- Watch your SGN position: Create a watchlist to monitor your position in Signing Day Sports stock.
Step 1: Decide where to buy Signing Day Sports stock
You need a brokerage account in order to access the NYSEMKT market and buy SGN stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the world's leading stock exchanges.
- 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 stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you are able to invest in SGN 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.
- Enter your personal info to start a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock buying app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of transferring funds into your investment account.
Step 4: Evaluate Signing Day Sports stock
Once you have identified the best place to buy Signing Day Sports stock, it's important to research their stock before you buy, so you can wrap your head around the risk and upside.
Overview of key SGN info
Signing Day Sports Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SGN's stock page.
What is the fair value of SGN stock?
You can use many financial metrics, analyses, models, and charts to gauge SGN's fair value.
Using relative valuations ratios:
- SGN may be undervalued based on its P/B ratio of 2.6x, relative to Software - Application industry P/B ratio of 6.43x
You can do more valuation research on SGN's stock here.
A look at SGN Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the SGN balance sheet.
- There are more short-term assets than long-term liabilities on the SGN balance sheet.
Failed Financial Due Diligence Checks:
- SGN has a relatively high debt to equity ratio of 1.7.
- SGN has cash burn of 5917541. It does not have sufficient cash and short-term investments to cover this.
- SGN has $3.23M in cash and short term investments. This is not enough to cover its annual cash burn of $5.92M.
- SGN profit margin has gone up by 67.38 percentage points in the past year, but the company is still unprofitable.
SGN Momentum
SGN Earnings
Last year, SGN revenue was $307.58k. In the last 2 year, SGN's revenue has gone up by -5.02% per year. This was slower than the Software - Application industry average of 28.16%.
Dig into SGN's earnings and revenue performance here.
Who is buying/selling SGN?
In the past year, executives and large shareholders at SGN have bought more shares than they have sold.
John Joseph Dorsey, 10% Owner of SGN, was the latest SGN insider to buy. They bought $100,000.00 worth of SGN shares on Nov 16, 2023.
Research more about who owns SGN stock here.
Does SGN provide a stable income stream?
No, Signing Day Sports doesn't provide an income stream by paying out dividends.
What others are saying about SGN
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your SGN purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Press the Open button and your broker will execute your order.
If you need more help with investing in stocks on eToro, click the helpful video below:
Step 6: Watch your SGN position
Now that you own some SGN shares, you'll want to stay up-to-date on your new shares.
Make a watchlist to get notified of important updates regarding your SGN stock.
SGN Feed
No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.
How to Buy Stock in Signing Day Sports
To summarize, here are the 6 steps to buy stock in Signing Day Sports:
- Decide where to buy Signing Day Sports stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Signing Day Sports stock
- Place your SGN purchase
- Watch your SGN position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Signing Day Sports, get started below.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.