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How to Buy Singularity Future Technology Stock

Singularity Future Technology Ltd

Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionized AI and Blockchain suppl management area and establishes crypto mining pools.

Singularity Future Technology stock last closed at $4.65, down 1.06% from the previous day, and has decreased 26.19% in one year. It has underperformed other stocks in the Integrated Freight & Logistics industry by 0.13 percentage points. Singularity Future Technology stock is currently +132.5% from its 52-week low of $2.00, and -41.88% from its 52-week high of $8.00.

At the moment, there are 3.45M SGLY shares outstanding. The market value of SGLY is $16.05M. In the last 24 hours, 7261 SGLY shares were traded.

How to Buy Singularity Future Technology Stock

Not sure how to invest in Singularity Future Technology stock? Here's how.
  1. Figure out where to buy Singularity Future Technology stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Singularity Future Technology stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Select your method of payment and add your information.
  4. Analyze Singularity Future Technology stock: The Singularity Future Technology ticker symbol is SGLY. Is Singularity Future Technology stock a good investment? Should you buy shares of SGLY? How do SGLY's underlying business fundamentals look? Do top analysts think Singularity Future Technology is a good buy? Why has SGLY's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SGLY is a good stock to buy).
  5. Make your SGLY purchase: Decide if you will purchase SGLY shares at the current market price or use a limit order to buy SGLY stock at a given price.
  6. Get notifications regarding your investment in SGLY: Create a watchlist to important notifications about your investment in Singularity Future Technology shares.

Step 1: Figure out where to buy Singularity Future Technology stock

You will need an online brokerage account in order to access the NASDAQ market and buy SGLY stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your 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 SGLY stock today.

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Step 3: Deposit funds into your investment account

Now that you have finished signing up on stock market apps, you need to deposit funds:

Watch the video below if you need help transferring funds into your new investment account.

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Step 4: Analyze Singularity Future Technology stock

After you have selected the best place to buy Singularity Future Technology stock, it's absolutely critical to research their stock prior to investing, so you can wrap your head around the risk and upside.

Singularity Future Technology stock data

SGLY Price
$4.65
1w %
4.49%
1y %
-26.19%
5y %
-89.55%
P/E
-0.51x
P/B
2.04x
P/S
22.14x
PEG
N/A
Revenue
$3.68M
Earnings
-$19.58M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$16.05M
Next Earnings
May 10, 2024
Next Dividend
N/A

SGLY Due Diligence Checks

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on SGLY's stock page.

Is SGLY stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SGLY's true value.

Using relative valuations methods:

  • SGLY could be undervalued based on its P/B ratio of 2.04x, relative to Integrated Freight & Logistics industry P/B ratio of 4.04x

You can access more valuation research on SGLY's stock here.

SGLY Financial Overview

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the SGLY balance sheet.
  • There are more short-term assets than short-term liabilities on the SGLY balance sheet.

Failed Health Checks:

  • SGLY has cash burn of 20050900. It does not have sufficient cash and short-term investments to cover this.
  • SGLY has $6.15M in cash and short term investments. This is not sufficient to cover its annual cash burn of $20.05M.
  • SGLY profit margin has gone down from -440.9% to -531.5% in the past year.
  • SGLY has a relatively high debt to equity ratio of 0.61.
  • Total SGLY debt is higher than 5 years ago, relative to shareholder equity.

SGLY Trading Indicators

SMA10
4.59
SMA20
4.77
SMA50
3.91
SMA100
4.62
SMA200
4.86
MACD
0.1
MACD Signal
0.16
MACD Histogram
-0.06
RSI
53.15
Stochastic %K
51.32
Stochastic %D
44.74
StochRSI %K
40.69
StochRSI %D
29.28

SGLY Growth Metrics

Last year, SGLY revenue was $3.68M. During the past five year, SGLY's revenue has increased by -34.03% per year. This was slower than the Integrated Freight & Logistics industry average of 5.79%.

You can research SGLY's earnings and revenue performance here.

What are SGLY executives and large shareholders up to?

In the last 12 months, insiders at SGLY have not bought or sold any shares.

Research more about who owns SGLY stock here.

Can I get consistent income from SGLY stock?

No, Singularity Future Technology doesn't provide an income stream by paying out dividends.

What do other traders have to say about SGLY?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your SGLY purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, place a limit order.

Hit the Open button and eToro will execute your order.

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Step 6: Get notifications regarding your investment in SGLY

Now that you own some shares in SGLY, you'll want to stay up-to-date on your shares.

Start a watchlist to monitor your SGLY stock.

SGLY Feed

How to Buy Stock in Singularity Future Technology

To reiterate, here are the 6 steps to buy stock in Singularity Future Technology:

  1. Figure out where to buy Singularity Future Technology stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Singularity Future Technology stock
  5. Make your SGLY purchase
  6. Get notifications regarding your investment in SGLY

If you need a brokerage account, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Singularity Future Technology, add SGLY to your watchlist below.

NASDAQ: SGLY
$4.65-0.05 (-1.06%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: SGLY
$4.65-0.05 (-1.06%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Singularity Future Technology share?

As of Apr 23, 2024, it costs $4.65 to buy one share of Singularity Future Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.43 shares of SGLY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Singularity Future Technology stock?

One way to place an order for Singularity Future Technology stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.