How to Buy Transact Technologies Stock
Transact Technologies Inc
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.
Transact Technologies stock last closed at $3.57, down 1.92% from the previous day, and has decreased 6.54% in one year. It has underperformed other stocks in the Computer Hardware industry by 0.01 percentage points. Transact Technologies stock is currently +14.61% from its 52-week low of $3.12, and -30.14% from its 52-week high of $5.11.
There are currently 10.08M TACT shares outstanding. The market capitalization of TACT is $35.99M. In the last 24 hours, 53,000 TACT shares were traded.
How to Buy Transact Technologies Stock
Wondering how to invest in Transact Technologies stock? Here's how.
- Choose where to buy Transact Technologies stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Transact Technologies stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your details.
- Research Transact Technologies stock: The Transact Technologies ticker symbol is TACT. Is Transact Technologies stock a good investment? Should you buy shares of TACT? How do TACT's underlying business fundamentals look? Do top analysts think Transact Technologies is a good buy? Why has TACT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if TACT is a good stock to buy).
- Place your TACT buy order: Decide if you will purchase TACT shares at the current market price or use a limit order to buy TACT shares at a given price.
- Track your investment in TACT: Create a watchlist to keep tabs on your new investment in Transact Technologies stock.
Step 1: Choose where to buy Transact Technologies stock
You need an online brokerage account to access the NASDAQ market and buy TACT shares.
Our preferred 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 your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy TACT stock today.
How to Set Up a New Investment 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 info to start your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the stock trading app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing funds into your brokerage account.
Step 4: Research Transact Technologies stock
After you have selected the best place to buy Transact Technologies stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.
Transact Technologies stock data
TACT Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TACT's stock page.
Is TACT stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TACT's fair value.
Using relative valuations measures:
- TACT could be undervalued based on its P/B ratio of 1.16x, relative to Computer Hardware industry P/B ratio of 11.27x
You can access additional valuation analysis on TACT's stock here.
TACT Financial Health Overview
Positive Financial Indicators:
- TACT's operating cash flow of $3.19M allows it to safely service it's debt of $3.95M.
- There are more short-term assets than short-term liabilities on the TACT balance sheet.
- There are more short-term assets than long-term liabilities on the TACT balance sheet.
Negative Financial Indicators:
- TACT has a relatively high debt to equity ratio of 0.43.
- Total TACT debt is higher than 5 years ago, relative to shareholder equity.
- TACT profit margin has gone down from 0.9% to -19.3% in the past year.
- TACT earnings of -$1.84M is not sufficient to cover its interest payments.
Is it a good time to buy Transact Technologies stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who track TACT, the consensus analyst rating on Transact Technologies is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Transact Technologies stock forecast page.
Metrics for Advanced TACT Traders
TACT Performance Numbers
Last year, TACT revenue was $45.75M. During the last 5 year, TACT's revenue has increased by 0.58% per year. This was slower than the Computer Hardware industry average of 24.16%.
Dig into TACT's earnings and revenue performance here.
Latest Insiders Trades at TACT
Over the last year, insiders at TACT have not bought or sold any shares.
Dig into more about who owns TACT shares here.
Can I rely on TACT as an income stream?
No, Transact Technologies doesn't provide an income stream by paying out dividends.
TACT Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your TACT buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Track your investment in TACT
Now that you own some TACT shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to monitor your TACT stock.
TACT Feed
How to Buy Stock in Transact Technologies
To reiterate, here are the 6 steps you need to take to buy Transact Technologies stock right now:
- Choose where to buy Transact Technologies stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research Transact Technologies stock
- Place your TACT buy order
- Track your investment in TACT
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Transact Technologies, create your watchlist below.
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