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How to Buy Sobr Safe Stock

Sobr Safe Inc

SOBR Safe, Inc. develops a non-invasive alcohol detection and identity verification systems.

Sobr Safe stock last closed at $0.56, down 8.78% from the previous day, and has decreased 49.91% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.45 percentage points. Sobr Safe stock is currently +38.52% from its 52-week low of $0.41, and -82.25% from its 52-week high of $3.16.

As of Dec 8, 2023, there are 18.54M shares of SOBR outstanding. The market capitalization of SOBR is $10.40M. In the last 24 hours, 46,269 SOBR shares were traded.

How to Buy Sobr Safe Stock

Wondering how to invest in Sobr Safe stock? Here's how.
  1. Choose where to buy Sobr Safe stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Sobr Safe stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your method of payment and add your information.
  4. Analyze Sobr Safe stock: The Sobr Safe ticker symbol is SOBR. Is Sobr Safe stock a good investment? Should you buy shares of SOBR? How do SOBR's underlying business fundamentals look? Do top analysts think Sobr Safe is a good buy? Why has SOBR's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SOBR is a good stock to buy).
  5. Place your SOBR purchase: Decide if you will purchase SOBR shares at the current market price or use a limit order to buy SOBR shares at a given price.
  6. Monitor your SOBR position: Create a watchlist to get the latest news on your new investment in Sobr Safe stock.

Step 1: Choose where to buy Sobr Safe stock

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

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
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Step 2: Create a brokerage account

Now that you've picked your brokerage, you need to fill out some personal details so you are able to buy SOBR stock today.

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  1. Click here to get started.
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  2. Input your personal details to create a new trading account.
  1. Send your information by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've finished signing up on stock market app, you need to deposit funds:

Check out the walkthrough below if you need help transferring money into your investment account.

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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.

Step 4: Analyze Sobr Safe stock

Once you have decided on the best place to buy Sobr Safe stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the upside.

Sobr Safe Numbers

SOBR Price
$0.56
1w %
-17.5%
1y %
-49.91%
5y %
N/A
P/E
-1.1x
P/B
2.5x
P/S
70.13x
PEG
N/A
Revenue
$144.33k
Earnings
-$11.17M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$10.40M
Next Earnings
N/A
Next Dividend
N/A

SOBR Zen Score

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.

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

Is SOBR stock undervalued?

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

Using relative valuations ratios:

  • SOBR may be undervalued based on its P/B ratio of 2.5x, relative to Scientific & Technical Instruments industry P/B ratio of 2.93x

You can do additional valuation research on SOBR's stock here.

SOBR Financial Summary

Pros:

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

Cons:

  • SOBR has a relatively high debt to equity ratio of 0.84.
  • SOBR has $4.12M in cash and short term investments. This is not sufficient to cover its annual cash burn of $6.60M.
  • SOBR has cash burn of 6597176. It does not have enough cash and short-term investments to cover this.
  • SOBR profit margin has gone up by 1,545.18 percentage points in the past year, but the company is still unprofitable.

SOBR Trading Indicators

SMA10
0.66
SMA20
0.6
SMA50
0.75
SMA100
1.08
SMA200
1.48
MACD
-0.04
MACD Signal
-0.04
MACD Histogram
0.01
RSI
36.02
Stochastic %K
25.84
Stochastic %D
34.82
StochRSI %K
41.17
StochRSI %D
50.41

How are SOBR Revenues/Earnings doing?

Last year, SOBR revenue was $144.33k. Over the past one years, SOBR's revenue has gone up by 1,033.43% per year. This was faster than the Scientific & Technical Instruments industry average of 10.56%.

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

Who is buying/selling SOBR?

Over the past year, executives and large shareholders at SOBR have bought more shares than they have sold.

Gerard Wenzel, CFO of SOBR, was the latest SOBR insider to buy. They bought $24,000.00 worth of SOBR stock on Nov 10, 2023.

Learn more about who owns SOBR shares here.

Can I rely on SOBR as an income stream?

No, Sobr Safe doesn't provide an income stream by paying out dividends.

SOBR Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your SOBR purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.

Press the Open Trade button and your broker will place the order.

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Open eToro Account

Step 6: Monitor your SOBR position

Now that you own some SOBR shares, you'll want to stay up-to-date on your new investment.

Make a watchlist to track the most important metrics related to your SOBR stock.

SOBR Feed

How to Buy Stock in Sobr Safe

To reiterate, here are the 6 steps to buy stock in Sobr Safe:

  1. Choose where to buy Sobr Safe stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Analyze Sobr Safe stock
  5. Place your SOBR purchase
  6. Monitor your SOBR position

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 watch your investment in Sobr Safe, hit the button below to create your watchlist.

NASDAQ: SOBR
$0.56-0.05 (-8.78%)
Updated Dec 8, 2023
Open eToro Account
NASDAQ: SOBR
$0.56-0.05 (-8.78%)
Updated Dec 8, 2023
Open eToro Account

FAQ

How much does it cost to buy one Sobr Safe share?

As of Dec 8, 2023, it costs $0.56 to buy one share of Sobr Safe stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.28, you can buy 0.5 shares of SOBR.

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 Sobr Safe stock?

One way to place an order for Sobr Safe 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.