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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 $7.19, up 0.28% from the previous day, and has decreased 10.68% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.15 percentage points. Suncar Technology Group stock is currently +89.21% from its 52-week low of $3.80, and -84.28% from its 52-week high of $45.73.

At the moment, there are 85.69M SDA shares outstanding. The market capitalization of SDA is $616.09M. In the past 24 hours, 235,357 SDA shares were traded.

How to Buy Suncar Technology Group Stock

Wondering how to invest in Suncar Technology Group stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Choose your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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Step 3: Fund your investment account

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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 Price
$7.19
1w %
0.28%
1y %
-10.68%
5y %
N/A
P/E
-89.88x
P/B
66.6x
P/S
1.85x
PEG
N/A
Revenue
$317.06M
Earnings
-$12.17M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$616.09M
Next Earnings
N/A
Next Dividend
N/A

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 66.6x, relative to Auto & Truck Dealerships industry P/B ratio of 2.35x

You can access additional valuation research on SDA's stock here.

SDA Financials at a glance

Passed Health Checks:

  • SDA has cash burn of 19978000. 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 $59.10M in cash and short term investments. This is enough to cover its annual cash burn of $19.98M.
  • There are more short-term assets than long-term liabilities on the SDA balance sheet.
  • SDA profit margin has gone up from -7.9% to -3.8% in the past year.

Failed Health Checks:

  • SDA has a relatively high debt to equity ratio of 18.39.

SDA Technical Indicators

SMA10
7.23
SMA20
7.31
SMA50
6.88
SMA100
7.53
SMA200
9.11
MACD
0.06
MACD Signal
0.08
MACD Histogram
-0.01
RSI
50.41
Stochastic %K
24.66
Stochastic %D
22.15
StochRSI %K
46.6
StochRSI %D
45.43

Is SDA Growing Revenue?

Last year, SDA revenue was $317.06M. In the past two year, SDA's revenue has increased by 67.29% per year. This was faster than the Auto & Truck Dealerships industry average of 18.11%.

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

Latest Insiders Trades at SDA

In the last year, executives and large shareholders at SDA have not bought or sold any shares.

Get more info 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.

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Step 5: Place your SDA purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price limit, use a limit order.

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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 shares.

Make a watchlist to get notified of the latest news about your SDA stock.

SDA Feed

How to Buy Stock in Suncar Technology Group

To reiterate, here are the 6 steps for buying Suncar Technology Group stock:

  1. Figure out where to buy Suncar Technology Group stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Analyze Suncar Technology Group stock
  5. Place your SDA purchase
  6. Get notifications regarding your investment in SDA

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If you would like to monitor your investment in Suncar Technology Group, get started below.

NASDAQ: SDA
$7.19+0.02 (+0.28%)
Updated Apr 25, 2024
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NASDAQ: SDA
$7.19+0.02 (+0.28%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Suncar Technology Group share?

As of Apr 25, 2024, it costs $7.19 to buy one share of Suncar Technology Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.417 shares of SDA.

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 Suncar Technology Group stock?

One way to place an order for Suncar Technology Group 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.