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 $0.25, down 2.69% from the previous day, and has decreased 85.63% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.84 percentage points. Sobr Safe stock is currently +26.5% from its 52-week low of $0.20, and -89.14% from its 52-week high of $2.33.
As of Apr 22, 2024, there are 20.01M shares of SOBR outstanding. The market capitalization of SOBR is $5.06M. In the last 24 hours, 38,594 SOBR shares were traded.
How to Buy Sobr Safe Stock
Wondering how to invest in Sobr Safe stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your information.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- 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.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 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.
How to Start a New Brokerage 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.
- Input your personal details to create a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
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.
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 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 2.49x, relative to Scientific & Technical Instruments industry P/B ratio of 3.08x
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 2.05.
- SOBR has $2.79M in cash and short term investments. This is not sufficient to cover its annual cash burn of $5.93M.
- SOBR has cash burn of 5928076. It does not have enough cash and short-term investments to cover this.
- SOBR profit margin has gone up by 525.52 percentage points in the past year, but the company is still unprofitable.
SOBR Trading Indicators
How are SOBR Revenues/Earnings doing?
Last year, SOBR revenue was $157.29k. Over the past one years, SOBR's revenue has gone up by 345.31% per year. This was faster than the Scientific & Technical Instruments industry average of 9.15%.
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.
Gary John Graham, 10% Owner of SOBR, was the latest SOBR insider to buy. They bought $1,412.76 worth of SOBR stock on Mar 6, 2024.
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.
If you need more assistance investing in stocks on eToro, click the how to video below:
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:
- Choose where to buy Sobr Safe stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Sobr Safe stock
- Place your SOBR purchase
- Monitor your SOBR position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Sobr Safe, hit the button below to create your watchlist.
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