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How to Buy Smart For Life Stock

Smart For Life Inc

Smart for Life, Inc. acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally.

Smart For Life stock last closed at $4.36, down 6.84% from the previous day, and has decreased 98.44% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.81 percentage points. Smart For Life stock is currently +63.91% from its 52-week low of $2.66, and -99.09% from its 52-week high of $478.18.

As of Apr 24, 2024, there are 113,809 SMFL shares outstanding. The market capitalization of SMFL is $496.21k. In the past 24 hours, 677,551 SMFL shares were traded.

How to Buy Smart For Life Stock

Not sure how to invest in Smart For Life stock? Here's how.
  1. Decide where to buy Smart For Life stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Smart For Life stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. Evaluate Smart For Life stock: The Smart For Life ticker symbol is SMFL. Is Smart For Life stock a good investment? Should you buy shares of SMFL? How do SMFL's underlying business fundamentals look? Do top analysts think Smart For Life is a good buy? Why has SMFL's stock price moved recently? (Hint: Our stock market analysis website can help you understand if SMFL is a good stock to buy).
  5. Execute your SMFL purchase: Decide if you will purchase SMFL shares at the current market price or use a limit order to buy SMFL shares at a particular price.
  6. Get key alerts regarding your investment in SMFL: Create a watchlist to track your new investment in Smart For Life stock.

Step 1: Decide where to buy Smart For Life stock

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

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

Our preferred brokerage: eToro

In our opinion, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading 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 global markets: From Technology to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro boasts a community with 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 purchase of shares by opening an account with eToro today.

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Step 2: Sign up for a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal information so you can buy SMFL today.

How to Create a New Brokerage Account on eToro

  1. 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.
  2. Provide your personal info to create your new brokerage account.
  1. Send your data by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit funds into your investment account

Now that you've opened your account on investing apps, you need to deposit funds:

Watch this video walkthrough for more details transferring money into your brokerage account.

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.

Step 4: Evaluate Smart For Life stock

After you have figured out the best place to buy Smart For Life stock, it's critical to evaluate their stock before you buy, so you can understand the risk and opportunity.

Smart For Life shares data

SMFL Price
$4.36
1w %
28.42%
1y %
-98.44%
5y %
N/A
P/E
0x
P/B
0.52x
P/S
0.03x
PEG
N/A
Revenue
$11.11M
Earnings
-$20.92M
Fore. Rev. Growth
7.74%
Fore. Earn. Growth
N/A
Market Cap
$496.21k
Next Earnings
N/A
Next Dividend
N/A

Smart For Life Zen Score

WallStreetZen was created to help everyday investors do better fundamental analysis in minutes instead of hours.

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

Is SMFL stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SMFL's intrinsic value.

Using relative valuations methods:

  • SMFL could be undervalued based on its P/B ratio of 0.52x, relative to Packaged Foods industry P/B ratio of 2.18x

You can do more valuation analysis on SMFL's stock here.

How do SMFL Financials look?

Negative Health Checks:

  • SMFL has cash burn of 6947438. It does not have enough cash and short-term investments to cover this.
  • SMFL profit margin has gone down from -142.8% to -188.3% in the past year.
  • SMFL has a relatively high debt to equity ratio of 25.83.
  • There are more long-term liabilities than short-term assets on the SMFL balance sheet.
  • SMFL has $8.89k in cash and short term investments. This is not enough to cover its annual cash burn of $6.95M.
  • There are more short-term liabilities than short-term assets on the SMFL balance sheet.

You can dig deeper into what analysts are saying on the Smart For Life stock forecast page.

Metrics for Advanced SMFL Traders

SMA10
3.6
SMA20
3.88
SMA50
5.27
SMA100
7.31
SMA200
15.64
MACD
-0.42
MACD Signal
-0.62
MACD Histogram
0.2
RSI
49.51
Stochastic %K
29.27
Stochastic %D
23.09
StochRSI %K
95.49
StochRSI %D
83.14

Is SMFL Making Money?

Last year, SMFL revenue was $11.11M. In the past 2 year, SMFL's revenue has gone up by 44.12% per year. This was faster than the Packaged Foods industry average of 5.53%.

Learn more about SMFL's earnings and revenue performance here.

Are SMFL executives and large shareholders buying or selling the stock?

Over the past year, executives and large shareholders at SMFL have not bought or sold any shares.

Learn more about who owns SMFL shares here.

Does SMFL stock generate passive income?

No, Smart For Life doesn't provide an income stream by paying out dividends.

What others are saying about SMFL

One of the major 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: Execute your SMFL 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 price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, place a limit order.

Click the Open Trade button and your broker will execute the order.

If you need additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get key alerts regarding your investment in SMFL

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

Start a watchlist to keep tabs on your SMFL stock.

SMFL Feed

How to Buy Stock in Smart For Life

To summarize, here are the 6 steps to buy Smart For Life stock:

  1. Decide where to buy Smart For Life stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Smart For Life stock
  5. Execute your SMFL purchase
  6. Get key alerts regarding your investment in SMFL

If you require a place to buy stocks, eToro is our favorite venue.

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.

If you want to get updates on your new investment in Smart For Life, click below.

NASDAQ: SMFL
$4.36-0.32 (-6.84%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: SMFL
$4.36-0.32 (-6.84%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Smart For Life share?

As of Apr 24, 2024, it costs $4.36 to buy one share of Smart For Life 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 0.459 shares of SMFL.

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 Smart For Life stock?

One way to place an order for Smart For Life 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.