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How to Buy Stryve Foods Stock

Stryve Foods Inc

Stryve Foods, Inc. manufactures, markets, and sells snacking products in North America.

Stryve Foods stock last closed at $1.33, down 2.92% from the previous day, and has decreased 78.67% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.6 percentage points. Stryve Foods stock is currently +28.13% from its 52-week low of $1.04, and -89.57% from its 52-week high of $12.75.

There are currently 3.17M shares of SNAX outstanding. The market value of SNAX is $4.21M. In the past 24 hours, 57,998 SNAX shares were traded.

How to Buy Stryve Foods Stock

Not sure how to invest in Stryve Foods stock? Here's how.
  1. Decide where to buy Stryve Foods stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Stryve Foods stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your payment method and add your info.
  4. Evaluate Stryve Foods stock: The Stryve Foods ticker symbol is SNAX. Is Stryve Foods stock a good investment? Should you buy shares of SNAX? How do SNAX's underlying business fundamentals look? Do top analysts think Stryve Foods is a good buy? Why has SNAX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if SNAX is a good stock to buy).
  5. Place your SNAX trade: Decide if you will purchase SNAX shares at the current market price or use a limit order to buy SNAX stock at a given price.
  6. Get the latest scoop on your investment in SNAX: Create a watchlist to the latest updates on your investment in Stryve Foods shares.

Step 1: Decide where to buy Stryve Foods stock

You need an online brokerage account to access the NASDAQ market and buy SNAX stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the best brokerage, you need to fill out some personal information so you can buy SNAX today.

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  2. Provide your personal info to open your new brokerage account.
  1. Submit your info by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've opened your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:

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Step 4: Evaluate Stryve Foods stock

Once you have selected the best place to buy Stryve Foods stock, it's important to research their stock prior to buying, so you actually understand the risk and upside.

Stryve Foods stock data

SNAX Price
$1.33
1w %
1.53%
1y %
-78.67%
5y %
-99.1%
P/E
-0.15x
P/B
2.65x
P/S
0.17x
PEG
N/A
Revenue
$17.71M
Earnings
-$19.04M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$4.21M
Next Earnings
May 13, 2024
Next Dividend
N/A

SNAX Zen Score

WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on SNAX's stock page.

Is SNAX stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SNAX's intrinsic value.

Using relative valuations metrics:

  • SNAX may be overvalued based on its P/B ratio of 2.65x, relative to Packaged Foods industry P/B ratio of 2.16x

You can do additional valuation research on SNAX's stock here.

SNAX Financial Health Summary

Positive Financial Indicators:

  • Total SNAX debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • There are more short-term liabilities than short-term assets on the SNAX balance sheet.
  • SNAX has $369.11k in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.52M.
  • SNAX profit margin has gone up by 0.03 percentage points in the past year, but the company is still unprofitable.
  • SNAX has a relatively high debt to equity ratio of 19.56.
  • There are more long-term liabilities than short-term assets on the SNAX balance sheet.
  • SNAX has cash burn of 7515642. It does not have sufficient cash and short-term investments to cover this.

You can dive deeper into what analysts are forecasting on the Stryve Foods stock forecast page.

SNAX Momentum

SMA10
1.34
SMA20
1.31
SMA50
1.31
SMA100
1.74
SMA200
2.79
MACD
0.01
MACD Signal
0
MACD Histogram
0.01
RSI
50.78
Stochastic %K
65.76
Stochastic %D
70.68
StochRSI %K
76.26
StochRSI %D
75.95

SNAX Performance Numbers

Last year, SNAX revenue was $17.71M. During the past 4 year, SNAX's revenue has grown by 13.24% per year. This was faster than the Packaged Foods industry average of 5.55%.

Learn more about SNAX's earnings and revenue performance here.

Latest Insiders Trades at SNAX

In the past 12 months, insiders at SNAX have bought more shares than they have sold.

Christopher J. Boever, CEO of SNAX, was the latest SNAX insider to buy. They bought $7,047.00 worth of SNAX stock on Dec 13, 2023.

Learn more about who owns SNAX stock here.

Can I rely on SNAX as an income stream?

No, Stryve Foods doesn't provide an income stream by paying out dividends.

What others are saying about SNAX

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your SNAX trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    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 be certain you're buying or selling at a specific dollar amount, use a limit order.

Click the Open Trade button and eToro will place the order.

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Step 6: Get the latest scoop on your investment in SNAX

Now that you own some SNAX stock, you'll want to stay up-to-date on your stock purchase.

Start a watchlist to monitor your SNAX stock.

SNAX Feed

How to Buy Stock in Stryve Foods

To reiterate, here are the 6 steps to buy Stryve Foods stock:

  1. Decide where to buy Stryve Foods stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Stryve Foods stock
  5. Place your SNAX trade
  6. Get the latest scoop on your investment in SNAX

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Stryve Foods, create a watchlist on WallStreetZen today.

NASDAQ: SNAX
$1.33-0.04 (-2.92%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: SNAX
$1.33-0.04 (-2.92%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Stryve Foods share?

As of Apr 23, 2024, it costs $1.33 to buy one share of Stryve Foods stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.67, you can buy 0.5 shares of SNAX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Stryve Foods stock?

One way to place an order for Stryve Foods stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.