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 $1.64, up 1.86% from the previous day, and has decreased 80.68% in one year. It has underperformed other stocks in the Internet Content & Information industry by 1.15 percentage points. Tuanche stock is currently +17.14% from its 52-week low of $1.40, and -89.59% from its 52-week high of $15.75.
As of Apr 26, 2024, there are 410.71M TC shares outstanding. The market cap of TC is $2.69M. In the past 24 hours, 7324 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.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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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.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today.
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.
Using relative valuations methods:
- TC could be undervalued based on its P/B ratio of 1x, relative to Internet Content & Information industry P/B ratio of 6.51x
You can do additional valuation research on TC's stock here.
TC Financial Health
Pros:
- There are more short-term assets than long-term liabilities on the TC balance sheet.
Cons:
- There are more short-term liabilities than short-term assets on the TC balance sheet.
- TC profit margin has gone up by 0.4 percentage points in the past year, but the company is still unprofitable.
- TC has $2.22M in cash and short term investments. This is not sufficient to cover its annual cash burn of $10.40M.
- TC has cash burn of 10401666. It does not have enough cash and short-term investments to cover this.
- TC has a relatively high debt to equity ratio of 5.13.
- Total TC debt is higher than 5 years ago, relative to shareholder equity.
TC Technical Indicators
TC Performance Numbers
Last year, TC revenue was $22.55M. In the past five year, TC's revenue has grown by -24.64% per year. This was slower than the Internet Content & Information industry average of 19.56%.
Learn more about TC's earnings and revenue performance here.
Are TC executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at TC have not bought or sold any shares.
Learn more about who owns TC stock here.
Does TC stock generate passive income?
No, Tuanche doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major 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: Place your TC trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and eToro will execute the order.
If you want more help 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 TC stock, you'll want to stay up-to-date on your shares.
Add TC to 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 for buying Tuanche stock:
- 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 venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Tuanche, add TC to your watchlist below.
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