How to Buy Toyo Co Stock
Toyo Co Ltd
TOYO Co. , Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain.
Toyo Co stock last closed at $6.90, up 2.99% from the previous day, and has increased 112.31% in one year. It has overperformed other stocks in the Solar industry by 1.35 percentage points. Toyo Co stock is currently +168.48% from its 52-week low of $2.57, and -17.66% from its 52-week high of $8.38.
At the moment, there are 35.31M shares of TOYO outstanding. The market cap of TOYO is $243.63M. In the last 24 hours, 41,400 TOYO shares were traded.
How to Buy Toyo Co Stock
Wondering how to invest in Toyo Co stock? Here's how.
- Figure out where to buy Toyo Co stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Toyo Co stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your payment method and add your info.
- Evaluate Toyo Co stock: The Toyo Co ticker symbol is TOYO. Is Toyo Co stock a good investment? Should you buy shares of TOYO? How do TOYO's underlying business fundamentals look? Do top analysts think Toyo Co is a good buy? Why has TOYO's stock price moved recently? (Hint: Our stock research website can help you understand if TOYO is a good stock to buy).
- Make your TOYO trade: Decide if you will purchase TOYO shares at the current market price or use a limit order to buy TOYO stock at a particular price.
- Watch your TOYO position: Create a watchlist to watch your investment in Toyo Co stock.
Step 1: Figure out where to buy Toyo Co stock
You need a brokerage account to access the NASDAQ market and buy TOYO stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you are able to buy TOYO today.
How to Open a New Brokerage 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 start a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've finished signing up on app for stock market, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details transferring funds into your brokerage account.
Step 4: Evaluate Toyo Co stock
After you have figured out the best place to buy Toyo Co stock, it's important to research their stock before you invest, so you can comprehend the risk and upside.
Toyo Co quick stats
Toyo Co Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on TOYO's stock page.
Is TOYO stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TOYO's true value.
Using relative valuations ratios:
- TOYO could be undervalued based on its P/E ratio of 9.72x, relative to Solar industry P/E ratio of 15.58x
- TOYO may be overvalued based on its P/B ratio of 3.64x, relative to Solar industry P/B ratio of 2.67x
- TOYO could be undervalued based on its PEG ratio of 0.02x
You can access additional valuation research on TOYO's stock here.
TOYO Financial Health Summary
Pros:
- There are more short-term assets than long-term liabilities on the TOYO balance sheet.
- TOYO has cash burn of 9826439. It has enough cash and short-term investments to cover this for at least one year.
Cons:
- TOYO profit margin has gone down from 15.6% to 13.8% in the past year.
- TOYO has $30.07M in cash and short term investments. This is not enough to cover its annual cash burn of $9.83M.
- There are more short-term liabilities than short-term assets on the TOYO balance sheet.
- TOYO has a relatively high debt to equity ratio of 4.23.
Is Toyo Co stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give recommendations on TOYO, the consensus analyst rating on TOYO is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Toyo Co stock forecast page.
TOYO Technical Indicators
How are TOYO Revenues/Earnings doing?
Last year, TOYO earnings were $24.53M. In the last 2 year, TOYO's earnings have grown by 742.61% per year. This was faster than the Solar industry average of 20.43%.
Last year, TOYO revenue was $177.98M. In the last 1 years, TOYO's revenue has grown by -11.21% per year. This was slower than the Solar industry average of 34.44%.
Dig into TOYO's earnings and revenue performance here.
Who is buying/selling TOYO?
Over the past 12 months, executives and large shareholders at TOYO have not bought or sold any shares.
Dig into more about who owns TOYO stock here.
Can I rely on TOYO as an income stream?
No, Toyo Co doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your TOYO trade
There are two primary options:
- 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 easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price, place a limit order.
Hit the Open button and eToro will execute your order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your TOYO position
Now that you own some TOYO shares, you'll want to stay up-to-date on your investment.
Start a watchlist to track the most important metrics related to your TOYO stock.
TOYO Feed
How to Buy Stock in Toyo Co
To reiterate, here are the 6 steps for buying Toyo Co stock:
- Figure out where to buy Toyo Co stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Toyo Co stock
- Make your TOYO trade
- Watch your TOYO position
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Toyo Co, create a watchlist on WallStreetZen today.
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