How to Buy Solarmax Technology Stock
Solarmax Technology Inc
SolarMax Technology, Inc. , through its subsidiaries, operates as an integrated solar energy company in the United States and China.
Solarmax Technology stock last closed at $10.34, up 3.5% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Engineering & Construction industry by N/A percentage points. Solarmax Technology stock is currently +195.43% from its 52-week low of $3.50, and -34.89% from its 52-week high of $15.88.
At the moment, there are 45.25M SMXT shares outstanding. The market value of SMXT is $467.86M. In the past 24 hours, 107,502 SMXT shares were traded.
How to Buy Solarmax Technology Stock
Wondering how to invest in Solarmax Technology stock? Here's how.
- Decide where to buy Solarmax Technology stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Solarmax Technology stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your information.
- Analyze Solarmax Technology stock: The Solarmax Technology ticker symbol is SMXT. Is Solarmax Technology stock a good investment? Should you buy shares of SMXT? How do SMXT's underlying business fundamentals look? Do top analysts think Solarmax Technology is a good buy? Why has SMXT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if SMXT is a good stock to buy).
- Make your SMXT trade: Decide if you will purchase SMXT shares at the current market price or use a limit order to purchase SMXT shares at a particular price.
- Get notifications regarding your investment in SMXT: Create a watchlist to get the latest news on your new investment in Solarmax Technology shares.
Step 1: Decide where to buy Solarmax Technology stock
You will need an online brokerage account to access the NASDAQ market and buy SMXT stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you are able to invest in SMXT stock today.
How to Create a New Investment 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 open a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the best stock market app for beginners, you need to deposit funds:
Check out the tutorial below for more details depositing funds into your new investment account.
Step 4: Analyze Solarmax Technology stock
Once you have identified the best place to buy Solarmax Technology stock, it's absolutely critical to research their stock prior to investing, so you actually understand the risk and opportunity.
Solarmax Technology Numbers
SMXT Overview
WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on SMXT's stock page.
Is SMXT stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SMXT's intrinsic value.
Using relative valuations metrics:
- SMXT may be undervalued based on its P/E ratio of 1,034x, relative to Engineering & Construction industry P/E ratio of -66.25x
You can access additional valuation analysis on SMXT's stock here.
A look at SMXT Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- SMXT profit margin has gone up from -15.4% to 0.8% in the past year.
Failed Financial Due Diligence Checks:
- SMXT earnings of $1.95M is not sufficient to cover its interest payments.
- SMXT debt to equity ratio of -4.06 is negative.
- There are more short-term liabilities than short-term assets on the SMXT balance sheet.
- Total SMXT debt is still negative.
- SMXT's operating cash flow of $3.81M allows it to safely service it's debt of $41.88M.
- There are more long-term liabilities than short-term assets on the SMXT balance sheet.
SMXT Momentum
How is SMXT performing as a company?
Last year, SMXT earnings were $434.79k. In the last three year, SMXT's earnings have grown by -79.37% per year. This was slower than the Engineering & Construction industry average of 16.76%.
Last year, SMXT revenue was $54.14M. During the past 3 year, SMXT's revenue has gone up by -83.8% per year. This was slower than the Engineering & Construction industry average of 13.62%.
Find out more about SMXT's earnings and revenue performance here.
Latest Insiders Trades at SMXT
Over the past 12 months, executives and large shareholders at SMXT have not bought or sold any shares.
Research more about who owns SMXT shares here.
Does SMXT stock generate passive income?
No, Solarmax Technology doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your SMXT trade
There are two main 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 lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and eToro will execute your order.
If you want more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in SMXT
Now that you own some SMXT shares, you'll want to stay up-to-date on your investment.
Start a watchlist to monitor your SMXT stock.
SMXT Feed
How to Buy Stock in Solarmax Technology
To reiterate, here are the 6 steps to buy Solarmax Technology stock:
- Decide where to buy Solarmax Technology stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Solarmax Technology stock
- Make your SMXT trade
- Get notifications regarding your investment in SMXT
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Solarmax Technology, create your watchlist below.
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