How to Buy Tuanche Stock
Tuanche Ltd
TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China.
Tuanche stock last closed at $1.62, down 2.93% from the previous day, and has decreased 79.98% in one year. It has underperformed other stocks in the Internet Content & Information industry by 1.14 percentage points. Tuanche stock is currently +15.79% from its 52-week low of $1.40, and -81.37% from its 52-week high of $8.70.
As of Oct 14, 2024, there are 421.46M TC shares outstanding. The market cap of TC is $2.73M. In the past 24 hours, 21,248 TC shares were traded.
How to Buy Tuanche Stock
Wondering how to invest in Tuanche stock? Here's how.
- Figure out where to buy Tuanche stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Tuanche stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your information.
- Research Tuanche stock: The Tuanche ticker symbol is TC. Is Tuanche stock a good investment? Should you buy shares of TC? How do TC's underlying business fundamentals look? Do top analysts think Tuanche is a good buy? Why has TC's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if TC is a good stock to buy).
- Place your TC trade: Decide if you will purchase TC shares at the current market price or use a limit order to purchase TC stock at a specific price.
- Get the latest news on your TC position: Create a watchlist to watch your investment in Tuanche shares.
Step 1: Figure out where to buy Tuanche stock
You will need a brokerage account in order to access the NASDAQ market and buy TC shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
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- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to buy TC stock 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.
- Provide your personal data to create your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on app for investing, you need to deposit funds:
Watch this video walkthrough to see the process of depositing money into your new brokerage account.
Step 4: Research Tuanche stock
Once you have selected the best place to buy Tuanche stock, it's very important to research their stock prior to buying, so you truly comprehend the risk and upside.
Overview of key TC info
Fundamentals of Tuanche
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TC's stock page.
What is the fair value of TC stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TC's fair value.
You can do additional valuation research on TC's stock here.
TC Financial Overview
Pros:
- There are more short-term assets than long-term liabilities on the TC balance sheet.
Cons:
- TC debt to equity ratio of -16.92 is negative.
- TC has $1.31M in cash and short term investments. This is not sufficient to cover its annual cash burn of $4.71M.
- There are more short-term liabilities than short-term assets on the TC balance sheet.
- TC profit margin has gone down from -75.8% to -90.7% in the past year.
- TC has cash burn of 4709537. It does not have enough cash and short-term investments to cover this.
- Total TC debt is still negative.
TC Technicals
How is TC performing as a company?
Last year, TC revenue was $14.38M. In the last 5 year, TC's revenue has gone up by -32.74% per year. This was slower than the Internet Content & Information industry average of 19.32%.
Find out more about TC's earnings and revenue performance here.
Who is buying/selling TC?
Over the past 12 months, executives and large shareholders at TC have not bought or sold any shares.
Learn more about who owns TC stock here.
Can I get consistent income from TC stock?
No, Tuanche doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your TC trade
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 sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and your broker will place the order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your TC position
Now that you own some shares in TC, you'll want to stay up-to-date on your investment.
Put TC on a watchlist to get the latest updates about your TC stock.
TC Feed
How to Buy Stock in Tuanche
To summarize, here are the 6 steps to buy stock in Tuanche:
- Figure out where to buy Tuanche stock
- Open your brokerage account
- Put funds into your investment account
- Research Tuanche stock
- Place your TC trade
- Get the latest news on your TC position
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Tuanche, create a watchlist on WallStreetZen today.
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