How to Buy T Stamp Stock
T Stamp Inc
T Stamp Inc. develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta.
T Stamp stock last closed at $0.84, up 1.83% from the previous day, and has decreased 35.77% in one year. It has underperformed other stocks in the Software - Application industry by 0.61 percentage points. T Stamp stock is currently +14.38% from its 52-week low of $0.73, and -76.14% from its 52-week high of $3.50.
There are currently 10.1M shares of IDAI outstanding. The market value of IDAI is $8.43M. In the last 24 hours, 116,626 IDAI shares were traded.
How to Buy T Stamp Stock
Not sure how to invest in T Stamp stock? Here's how.
- Figure out where to buy T Stamp stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy T Stamp stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your information.
- Evaluate T Stamp stock: The T Stamp ticker symbol is IDAI. Is T Stamp stock a good investment? Should you buy shares of IDAI? How do IDAI's underlying business fundamentals look? Do top analysts think T Stamp is a good buy? Why has IDAI's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if IDAI is a good stock to buy).
- Place your IDAI purchase: Decide if you will purchase IDAI shares at the current market price or use a limit order to buy IDAI shares at a given price.
- Monitor your IDAI position: Create a watchlist to keep tabs on your investment in T Stamp stock.
Step 1: Figure out where to buy T Stamp stock
You will need a brokerage account to access the NASDAQ market and buy IDAI stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you can buy IDAI stock today.
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- 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.
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Step 3: Fund your brokerage account
Now that you have finished signing up on the best stock market app for beginners, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring money into your new brokerage account.
Step 4: Evaluate T Stamp stock
After you have identified the best place to buy T Stamp stock, it's absolutely critical to analyze their stock before you buy, so you actually understand the risk and upside.
Overview of key IDAI info
Fundamentals of IDAI
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on IDAI's stock page.
Is IDAI stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge IDAI's intrinsic value.
Using relative valuations ratios:
- IDAI may be undervalued based on its P/B ratio of 2.25x, relative to Software - Application industry P/B ratio of 6.41x
You can access additional valuation analysis on IDAI's stock here.
IDAI Financial Overview
Positive Health Checks:
- Total IDAI debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the IDAI balance sheet.
- There are more short-term assets than long-term liabilities on the IDAI balance sheet.
Negative Health Checks:
- IDAI has cash burn of 8110007. It does not have enough cash and short-term investments to cover this.
- IDAI profit margin has gone up by 0.57 percentage points in the past year, but the company is still unprofitable.
- IDAI has a relatively high debt to equity ratio of 1.06.
- IDAI has $3.14M in cash and short term investments. This is not enough to cover its annual cash burn of $8.11M.
IDAI Trading Indicators
How is IDAI performing as a company?
Last year, IDAI revenue was $4.56M. During the past five year, IDAI's revenue has increased by 40.44% per year. This was faster than the Software - Application industry average of 26.72%.
Find out more about IDAI's earnings and revenue performance here.
Who is buying/selling IDAI?
Over the past 12 months, insiders at IDAI have bought more shares than they have sold.
Kristin 1. Stafford, Director of IDAI, was the latest IDAI insider to buy. They bought $558.44 worth of IDAI stock on Oct 4, 2023.
Dig into more about who owns IDAI shares here.
Does IDAI stock generate passive income?
No, T Stamp doesn't provide an income stream by paying out dividends.
IDAI Social Trading Data
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Step 5: Place your IDAI purchase
There are 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 generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and your broker will place the order.
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Step 6: Monitor your IDAI position
Now that you own some IDAI shares, you'll want to keep up with your investment.
Make a watchlist to track your IDAI stock.
IDAI Feed
How to Buy Stock in T Stamp
To summarize, here are the 6 steps to buy stock in T Stamp:
- Figure out where to buy T Stamp stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate T Stamp stock
- Place your IDAI purchase
- Monitor your IDAI position
If you are looking for a brokerage, eToro is our favorite venue.
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