How to Buy Solai Stock
Solai Ltd
Solai is a information technology service company located in Ohio, United States, which is part of the Technology sector, and is traded under the ticker SLAI on the NYSE exchange.
Solai stock last closed at $2.73, down 3.87% from the previous day, and has increased 1.11% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.2 percentage points. Solai stock is currently +123.77% from its 52-week low of $1.22, and -66.17% from its 52-week high of $8.07.
At the moment, there are 1.63B SLAI shares outstanding. The market value of SLAI is $44.61M. In the past 24 hours, 392,000 SLAI shares were traded.
How to Buy Solai Stock
Wondering how to invest in Solai stock? Here's how.
- Figure out where to buy Solai stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Solai stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Evaluate Solai stock: The Solai ticker symbol is SLAI. Is Solai stock a good investment? Should you buy shares of SLAI? How do SLAI's underlying business fundamentals look? Do top analysts think Solai is a good buy? Why has SLAI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SLAI is a good stock to buy).
- Execute your SLAI trade: Decide if you will purchase SLAI shares at the current market price or use a limit order to buy SLAI shares at a given price.
- Watch your SLAI position: Create a watchlist to keep track of your new investment in Solai stock.
Step 1: Figure out where to buy Solai stock
You will need a brokerage account in order to access the NYSE market and buy SLAI shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you are able to invest in SLAI today.
How to Open 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 data to open a new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you have created your account on mobile trading apps, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of depositing money into your new investment account.
Step 4: Evaluate Solai stock
Once you have selected the best place to buy Solai stock, it's critical to research their stock before you buy, so you truly understand the risk as well as the upside.
Overview of key SLAI info
Solai Due Diligence Score
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SLAI's stock page.
Is SLAI stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SLAI's intrinsic value.
Using relative valuations measures:
- SLAI may be undervalued based on its P/B ratio of 1.02x, relative to Information Technology Services industry P/B ratio of 4.3x
You can access additional valuation research on SLAI's stock here.
A quick look at SLAI Financials
Passed Health Checks:
- SLAI has a low debt to equity ratio of 0.35.
- There are more short-term assets than long-term liabilities on the SLAI balance sheet.
Failed Health Checks:
- Total SLAI debt is higher than 5 years ago, relative to shareholder equity.
- SLAI has $4.83M in cash and short term investments. This is not enough to cover its annual cash burn of $38.62M.
- SLAI has cash burn of 38619000. It does not have sufficient cash and short-term investments to cover this.
- SLAI profit margin has gone down from -9.4% to -84.5% in the past year.
- There are more short-term liabilities than short-term assets on the SLAI balance sheet.
You can dig deeper into what analysts are projecting on the Solai stock forecast page.
Is SLAI Growing Revenue?
Last year, SLAI revenue was $24.58M. Over the last 5 year, SLAI's revenue has gone up by 53.4% per year. This was faster than the Information Technology Services industry average of 4.57%.
Find out more about SLAI's earnings and revenue performance here.
Are SLAI insiders buying or selling the stock?
Over the past year, executives and large shareholders at SLAI have not bought or sold any shares.
Get more info about who owns SLAI stock here.
Can I get consistent income from SLAI stock?
No, Solai doesn't provide an income stream by paying out dividends.
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Step 5: Execute your SLAI trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you need additional help buying stocks on eToro, watch the helpful video below:
Step 6: Watch your SLAI position
Now that you own some shares in SLAI, you'll want to stay up-to-date on your new investment.
Put SLAI on a watchlist to get the latest updates about your SLAI stock.
SLAI Feed
How to Buy Stock in Solai
To reiterate, here are the 6 steps for buying Solai stock:
- Figure out where to buy Solai stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Solai stock
- Execute your SLAI trade
- Watch your SLAI position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Solai, create your watchlist below.
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