How to Buy Suncar Technology Group Stock
Suncar Technology Group Inc
SunCar Technology Group Inc. , through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China.
Suncar Technology Group stock last closed at $2.01, down 1.47% from the previous day, and has decreased 79.43% in one year. It has underperformed other stocks in the Auto & Truck Dealerships industry by 0.75 percentage points. Suncar Technology Group stock is currently +30.52% from its 52-week low of $1.54, and -81.06% from its 52-week high of $10.61.
At the moment, there are 102.01M SDA shares outstanding. The market capitalization of SDA is $205.04M. In the past 24 hours, 45,500 SDA shares were traded.
How to Buy Suncar Technology Group Stock
Wondering how to invest in Suncar Technology Group stock? Here's how.
- Figure out where to buy Suncar Technology Group stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Suncar Technology Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your information.
- Analyze Suncar Technology Group stock: The Suncar Technology Group ticker symbol is SDA. Is Suncar Technology Group stock a good investment? Should you buy shares of SDA? How do SDA's underlying business fundamentals look? Do top analysts think Suncar Technology Group is a good buy? Why has SDA's stock price moved recently? (Hint: Our stock analysis website can help you understand if SDA is a good stock to buy).
- Place your SDA purchase: Decide if you will purchase SDA shares at the current market price or use a limit order to purchase SDA shares at a particular price.
- Get notifications regarding your investment in SDA: Create a watchlist to key updates about your position in Suncar Technology Group stock.
Step 1: Figure out where to buy Suncar Technology Group stock
You need a brokerage account in order to access the NASDAQ market and buy SDA shares.
Our recommended brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you are able to invest in SDA 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.
- Enter your personal data to create your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on the best beginner stock app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing money into your investment account.
Step 4: Analyze Suncar Technology Group stock
After you have identified the best place to buy Suncar Technology Group stock, it's crucial to research their stock before you buy, so you can comprehend the risk as well as the opportunity.
Suncar Technology Group Numbers
SDA Due Diligence Checks
WallStreetZen was designed to help average investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SDA's stock page.
Is SDA stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SDA's true value.
Using relative valuations ratios:
- SDA may be overvalued based on its P/B ratio of 7.04x, relative to Auto & Truck Dealerships industry P/B ratio of 4.3x
You can access additional valuation research on SDA's stock here.
SDA Financials at a glance
Passed Health Checks:
- SDA has cash burn of 692000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the SDA balance sheet.
- SDA has $48.14M in cash and short term investments. This is enough to cover its annual cash burn of $692.00k.
- There are more short-term assets than long-term liabilities on the SDA balance sheet.
- SDA profit margin has gone up from -19.3% to -2.4% in the past year.
Failed Health Checks:
- SDA has a relatively high debt to equity ratio of 6.36.
Is it a good time to buy Suncar Technology Group stock, according to analysts?
Out of 1 Equities analysts who monitor SDA, the consensus analyst rating on Suncar Technology Group is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Suncar Technology Group stock forecast page.
SDA Technicals
Is SDA Making Money?
Last year, SDA revenue was $467.27M. In the last 4 year, SDA's revenue has gone up by 42.51% per year. This was faster than the Auto & Truck Dealerships industry average of 22.88%.
Find out more about SDA's earnings and revenue performance here.
Latest Insiders Trades at SDA
Over the past year, insiders at SDA have not bought or sold any shares.
Research more about who owns SDA shares here.
Can I get consistent income from SDA stock?
No, Suncar Technology Group doesn't provide an income stream by paying out dividends.
What others are saying about SDA
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your SDA purchase
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 mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in SDA
Now that you own some shares in SDA, you'll want to stay up-to-date on your investment.
Create a watchlist to keep track of your SDA stock.
SDA Feed
How to Buy Stock in Suncar Technology Group
To reiterate, here are the 6 steps you need to take to buy Suncar Technology Group stock right now:
- Figure out where to buy Suncar Technology Group stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Suncar Technology Group stock
- Place your SDA purchase
- Get notifications regarding your investment in SDA
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your investment in Suncar Technology Group, get started below.
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