How to Buy Sono Tek Stock
Sono Tek Corp
Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide.
Sono Tek stock last closed at $4.07, up 2.26% from the previous day, and has decreased 8.79% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.14 percentage points. Sono Tek stock is currently +16.29% from its 52-week low of $3.50, and -32.73% from its 52-week high of $6.05.
There are currently 15.75M SOTK shares outstanding. The market cap of SOTK is $64.11M. In the last 24 hours, 7471 SOTK shares were traded.
How to Buy Sono Tek Stock
Wondering how to invest in Sono Tek stock? Here's how.
- Choose where to buy Sono Tek stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Sono Tek stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Research Sono Tek stock: The Sono Tek ticker symbol is SOTK. Is Sono Tek stock a good investment? Should you buy shares of SOTK? How do SOTK's underlying business fundamentals look? Do top analysts think Sono Tek is a good buy? Why has SOTK's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SOTK is a good stock to buy).
- Make your SOTK buy order: Decide if you will purchase SOTK shares at the current market price or use a limit order to purchase SOTK shares at a particular price.
- Watch your SOTK investment: Create a watchlist to get the latest news on your new investment in Sono Tek stock.
Step 1: Choose where to buy Sono Tek stock
You will need a brokerage account to access the NASDAQ market and buy SOTK stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy SOTK today.
How to Set Up 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.
- Provide your personal details to open your new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on the best stock investing app, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Research Sono Tek stock
After you have identified the best place to buy Sono Tek stock, it's important to analyze their stock prior to investing, so you actually understand the risk and upside.
Overview of key SOTK info
SOTK Fundamentals
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on SOTK's stock page.
Is SOTK stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SOTK's intrinsic value.
Using relative valuations methods:
- SOTK could be overvalued based on its P/E ratio of 58.14x, relative to Scientific & Technical Instruments industry P/E ratio of 15.64x
- SOTK may be overvalued based on its P/B ratio of 3.68x, relative to Scientific & Technical Instruments industry P/B ratio of 2.99x
- SOTK may be overvalued based on its PEG ratio of 4.19x
You can do additional valuation research on SOTK's stock here.
SOTK Financials at a glance
Signs that SOTK is financially healthy:
- SOTK earnings of $1.26M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SOTK balance sheet.
- Total SOTK debt is lower than 5 years ago, relative to shareholder equity.
- SOTK's operating cash flow of $920.86k allows it to safely service it's debt of $0.00.
- SOTK has a low debt to equity ratio of 0.4.
- There are more short-term assets than short-term liabilities on the SOTK balance sheet.
Signs that SOTK is not financially healthy:
- SOTK profit margin has gone down from 7.3% to 5.5% in the past year.
Is SOTK stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who track SOTK, the consensus analyst rating on Sono Tek is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Sono Tek stock forecast page.
SOTK Momentum
Is SOTK Growing Revenue?
Last year, SOTK earnings were $1.10M. In the past five year, SOTK's earnings have gone up by 18.47% per year. This was faster than the Scientific & Technical Instruments industry average of 6.98%.
Last year, SOTK revenue was $20.15M. Over the last five year, SOTK's revenue has gone up by 9.54% per year. This was faster than the Scientific & Technical Instruments industry average of 8.54%.
Learn more about SOTK's earnings and revenue performance here.
Latest Insiders Trades at SOTK
In the last year, executives and large shareholders at SOTK have sold more shares than they have bought.
Stephen James Bagley, CFO of SOTK, was the latest SOTK insider to sell. They sold $8,220.00 worth of SOTK shares on Aug 27, 2024.
Get more info about who owns SOTK shares here.
Does SOTK stock generate passive income?
No, Sono Tek doesn't provide an income stream by paying out dividends.
What others are saying about SOTK
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your SOTK buy order
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 usually 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 make sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Step 6: Watch your SOTK investment
Now that you own some shares in SOTK, you'll want to keep up with your new shares.
Start a watchlist to get notified of important updates regarding your SOTK stock.
SOTK Feed
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How to Buy Stock in Sono Tek
To summarize, here are the 6 steps you need to take to buy Sono Tek stock right now:
- Choose where to buy Sono Tek stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Sono Tek stock
- Make your SOTK buy order
- Watch your SOTK investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Sono Tek, add SOTK to your watchlist below.
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