How to Buy Similarweb Stock
Similarweb Ltd
Similarweb is a app company located in Israel, which is part of the Technology sector, and is traded under the ticker SMWB on the NYSE exchange.
Similarweb stock last closed at $7.77, down 1.77% from the previous day, and has increased 29.72% in one year. It has overperformed other stocks in the Software - Application industry by 0.06 percentage points. Similarweb stock is currently +69.65% from its 52-week low of $4.58, and -20.39% from its 52-week high of $9.76.
At the moment, there are 78.65M shares of SMWB outstanding. The market cap of SMWB is $611.12M. In the past 24 hours, 81,054 SMWB shares were traded.
How to Buy Similarweb Stock
Wondering how to invest in Similarweb stock? Here's how.
- Choose where to buy Similarweb stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Similarweb stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Research Similarweb stock: The Similarweb ticker symbol is SMWB. Is Similarweb stock a good investment? Should you buy shares of SMWB? How do SMWB's underlying business fundamentals look? Do top analysts think Similarweb is a good buy? Why has SMWB's stock price moved recently? (Hint: Our stock market analysis website can help you understand if SMWB is a good stock to buy).
- Execute your SMWB trade: Decide if you will purchase SMWB shares at the current market price or use a limit order to purchase SMWB stock at a particular price.
- Monitor your investment in SMWB: Create a watchlist to key updates about your investment in Similarweb shares.
Step 1: Choose where to buy Similarweb stock
You need a brokerage account in order to access the NYSE market and buy SMWB stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
- 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.
- Access to world markets: From Technology to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy SMWB stock today.
How to Open 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 data to create your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on a good stock buying app, you can securely and quickly fund your account:
Check out the tutorial below for more details depositing money into your investment account.
Step 4: Research Similarweb stock
After you have identified the best place to buy Similarweb stock, it's very important to research their stock before you buy, so you can comprehend the risk and upside.
Overview of key SMWB info
Similarweb Overview
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SMWB's stock page.
How is SMWB stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SMWB's true value.
Using relative valuations ratios:
- SMWB may be overvalued based on its P/B ratio of 39.31x, relative to Software - Application industry P/B ratio of 6.53x
You can do more valuation research on SMWB's stock here.
SMWB Financial Summary
Positive Financial Indicators:
- SMWB has $81.75M in cash and short term investments. This is enough to cover its annual cash burn of $5.42M.
- SMWB profit margin has gone up from -43.3% to -13.5% in the past year.
- There are more short-term assets than long-term liabilities on the SMWB balance sheet.
- SMWB has cash burn of 5418000. It has enough cash and short-term investments to cover this for at least one year.
Negative Financial Indicators:
- SMWB has a relatively high debt to equity ratio of 14.37.
- There are more short-term liabilities than short-term assets on the SMWB balance sheet.
Is it a good time to buy SMWB stock, according to Wall Street analysts?
Out of 4 Equities analysts who research SMWB, the consensus analyst rating on Similarweb is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Similarweb stock forecast page.
SMWB Technicals
SMWB Earnings
Last year, SMWB revenue was $218.02M. Over the last 4 year, SMWB's revenue has grown by 32.57% per year. This was faster than the Software - Application industry average of 27.59%.
Dig into SMWB's earnings and revenue performance here.
Latest Insiders Trades at SMWB
Over the last year, executives and large shareholders at SMWB have not bought or sold any shares.
Get more info about who owns SMWB stock here.
Does SMWB stock generate passive income?
No, Similarweb doesn't provide an income stream by paying out dividends.
What do other investors have to say about SMWB?
One of the biggest 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 SMWB trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in SMWB
Now that you own some SMWB shares, you'll want to keep up with your investment.
Start a watchlist to get the latest updates about your SMWB stock.
SMWB Feed
How to Buy Stock in Similarweb
To summarize, here are the 6 steps to buy Similarweb stock:
- Choose where to buy Similarweb stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Similarweb stock
- Execute your SMWB trade
- Monitor your investment in SMWB
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Similarweb, add SMWB to your watchlist below.
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