How to Buy Stonex Group Stock
Stonex Group Inc
StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide.
Stonex Group stock last closed at $71.55, up 0.83% from the previous day, and has increased 11.51% in one year. It has underperformed other stocks in the Capital Markets industry by 0.1 percentage points. Stonex Group stock is currently +44.2% from its 52-week low of $49.62, and -3.32% from its 52-week high of $74.01.
At the moment, there are 31.55M shares of SNEX outstanding. The market cap of SNEX is $2.26B. In the past 24 hours, 106,098 SNEX shares were traded.
How to Buy Stonex Group Stock
Wondering how to invest in Stonex Group stock? Here's how.
- Figure out where to buy Stonex Group stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Stonex Group stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your payment method and add your info.
- Evaluate Stonex Group stock: The Stonex Group ticker symbol is SNEX. Is Stonex Group stock a good investment? Should you buy shares of SNEX? How do SNEX's underlying business fundamentals look? Do top analysts think Stonex Group is a good buy? Why has SNEX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if SNEX is a good stock to buy).
- Execute your SNEX buy order: Decide if you will purchase SNEX shares at the current market price or use a limit order to buy SNEX shares at a given price.
- Get notifications regarding your SNEX investment: Create a watchlist to monitor your position in Stonex Group shares.
Step 1: Figure out where to buy Stonex Group stock
You will need a brokerage account in order to access the NASDAQ market and buy SNEX shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you can buy SNEX stock today.
How to Start a New 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 info to open your new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on apps for stocks, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing money into your new brokerage account.
Step 4: Evaluate Stonex Group stock
Once you have selected the best place to buy Stonex Group stock, it's crucial to research their stock prior to buying, so you actually comprehend the risk and upside.
Stonex Group Metrics
SNEX Due Diligence Checks
WallStreetZen was built to help part-time investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SNEX's stock page.
How is SNEX stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SNEX's true value.
Using relative valuations measures:
- SNEX could be undervalued based on its P/E ratio of 9.67x, relative to Capital Markets industry P/E ratio of 18.69x
- SNEX could be undervalued based on its P/B ratio of 1.52x, relative to Capital Markets industry P/B ratio of 1.87x
You can access additional valuation analysis on SNEX's stock here.
How do SNEX Financials look?
Positive Health Checks:
- Total SNEX debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- SNEX profit margin has gone down from 0.4% to 0.3% in the past year.
- SNEX has a relatively high debt to equity ratio of 14.68.
You can dig deeper into what analysts are projecting on the Stonex Group stock forecast page.
Metrics for Advanced SNEX Traders
SNEX Growth Metrics
Last year, SNEX earnings were $231.00M. Over the past 5 year, SNEX's earnings have increased by 21.11% per year. This was faster than the Capital Markets industry average of 12.05%.
Last year, SNEX revenue was $67.42B. Over the last 5 year, SNEX's revenue has increased by 20.76% per year. This was faster than the Capital Markets industry average of 13.65%.
Learn more about SNEX's earnings and revenue performance here.
Who is buying/selling SNEX?
Over the last year, insiders at SNEX have sold more shares than they have bought.
Philip Andrew Smith, was the latest SNEX insider to sell. They sold $488,138.00 worth of SNEX shares on Mar 21, 2024.
Get more info about who owns SNEX shares here.
Does SNEX stock generate passive income?
No, Stonex Group doesn't provide an income stream by paying out dividends.
What others are saying about SNEX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your SNEX buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you require more info about buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your SNEX investment
Now that you own some SNEX stock, you'll want to keep up with your company.
Make a watchlist to track the latest developments regarding your SNEX stock.
SNEX Feed
How to Buy Stock in Stonex Group
To reiterate, here are the 6 steps to buy stock in Stonex Group:
- Figure out where to buy Stonex Group stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate Stonex Group stock
- Execute your SNEX buy order
- Get notifications regarding your SNEX investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Stonex Group, click below.
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