WallStreetZenWallStreetZen

How to Buy Universal Stainless & Alloy Products Stock

Universal Stainless & Alloy Products Inc

Universal Stainless & Alloy Products, Inc. , together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally.

Universal Stainless & Alloy Products stock last closed at $22.42, down 8.94% from the previous day, and has increased 163.45% in one year. It has overperformed other stocks in the Steel industry by 1.37 percentage points. Universal Stainless & Alloy Products stock is currently +166.59% from its 52-week low of $8.41, and -9.05% from its 52-week high of $24.65.

There are currently 9.09M USAP shares outstanding. The market cap of USAP is $203.76M. In the last 24 hours, 390,196 USAP shares were traded.

How to Buy Universal Stainless & Alloy Products Stock

Not sure how to invest in Universal Stainless & Alloy Products stock? Here's how.
  1. Choose where to buy Universal Stainless & Alloy Products stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Universal Stainless & Alloy Products stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your payment method and add your details.
  4. Evaluate Universal Stainless & Alloy Products stock: The Universal Stainless & Alloy Products ticker symbol is USAP. Is Universal Stainless & Alloy Products stock a good investment? Should you buy shares of USAP? How do USAP's underlying business fundamentals look? Do top analysts think Universal Stainless & Alloy Products is a good buy? Why has USAP's stock price moved recently? (Hint: Our stock analysis website can help you figure out if USAP is a good stock to buy).
  5. Make your USAP buy order: Decide if you will purchase USAP shares at the current market price or use a limit order to purchase USAP stock at a specific price.
  6. Keep an eye on your USAP position: Create a watchlist to the latest updates on your position in Universal Stainless & Alloy Products stock.

Step 1: Choose where to buy Universal Stainless & Alloy Products stock

You will need an online brokerage account in order to access the NASDAQ market and buy USAP shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to global markets: From Technology to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to buy USAP today.

How to Start a New Brokerage Account on eToro

  1. 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.
  2. Input your personal info to open a new brokerage account.
  1. Submit your application by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your investment account

Now that you've opened your account on the best stock broker app, your next step is to transfer the money for your investment:

Check out the walkthrough below for more details depositing money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Universal Stainless & Alloy Products stock

After you have selected the best place to buy Universal Stainless & Alloy Products stock, it's crucial to evaluate their stock before you buy, so you can understand the risk and opportunity.

Universal Stainless & Alloy Products Metrics

USAP Price
$22.42
1w %
3.75%
1y %
163.45%
5y %
32.27%
P/E
-140.13x
P/B
0.91x
P/S
0.78x
PEG
N/A
Revenue
$262.36M
Earnings
-$1.41M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$203.76M
Next Earnings
Apr 16, 2024
Next Dividend
N/A

USAP Fundamentals

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on USAP's stock page.

What is the fair value of USAP stock?

You can use many financial metrics, analyses, models, and charts to gauge USAP's true value.

Using relative valuations methods:

  • USAP could be undervalued based on its P/B ratio of 0.91x, relative to Steel industry P/B ratio of 1.05x

You can access more valuation analysis on USAP's stock here.

USAP Financial Health

Signs that USAP is financially healthy:

  • There are more short-term assets than short-term liabilities on the USAP balance sheet.
  • USAP profit margin has gone up from -3.2% to -0.5% in the past year.
  • There are more short-term assets than long-term liabilities on the USAP balance sheet.

Signs that USAP is not financially healthy:

  • Total USAP debt is higher than 5 years ago, relative to shareholder equity.
  • USAP earnings of $5.85M is not sufficient to cover its interest payments.
  • USAP's operating cash flow of $15.22M allows it to safely service it's debt of $89.53M.
  • USAP has a relatively high debt to equity ratio of 0.6.

Do Wall Street analysts think it's a good time to buy Universal Stainless & Alloy Products stock

Out of 1 Wall Street analysts who give ratings on USAP, the consensus analyst rating on Universal Stainless & Alloy Products is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Universal Stainless & Alloy Products stock forecast page.

USAP Momentum

SMA10
22.3
SMA20
21.78
SMA50
20.42
SMA100
18.88
SMA200
16.17
MACD
0.81
MACD Signal
0.65
MACD Histogram
0.16
RSI
55.21
Stochastic %K
79.73
Stochastic %D
85.34
StochRSI %K
72.97
StochRSI %D
90.99

USAP Performance Numbers

Last year, USAP revenue was $262.36M. During the past five year, USAP's revenue has gone up by 1.04% per year. This was slower than the Steel industry average of 8.04%.

You can research USAP's earnings and revenue performance here.

Who is buying/selling USAP?

Over the last year, executives and large shareholders at USAP have bought more shares than they have sold.

Wendel Crosby, V.P. of Manufacturing of USAP, was the latest USAP insider to sell. They sold $8,626.04 worth of USAP shares on Nov 14, 2023.

Get more info about who owns USAP stock here.

Does USAP stock generate passive income?

No, Universal Stainless & Alloy Products doesn't provide an income stream by paying out dividends.

What do other investors have to say about USAP?

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your USAP buy order

You have two primary 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 allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Press the Open button and your broker will place the order.

If you need more info about investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep an eye on your USAP position

Now that you own some USAP stock, you'll want to stay up-to-date on your new shares.

Start a watchlist to track your USAP stock.

USAP Feed

How to Buy Stock in Universal Stainless & Alloy Products

To summarize, here are the 6 steps for buying Universal Stainless & Alloy Products stock:

  1. Choose where to buy Universal Stainless & Alloy Products stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Evaluate Universal Stainless & Alloy Products stock
  5. Make your USAP buy order
  6. Keep an eye on your USAP position

If you need a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Universal Stainless & Alloy Products, hit the button below to create your watchlist.

NASDAQ: USAP
$22.42-2.20 (-8.94%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: USAP
$22.42-2.20 (-8.94%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Universal Stainless & Alloy Products share?

As of Mar 28, 2024, it costs $22.42 to buy one share of Universal Stainless & Alloy Products stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.446 shares of USAP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Universal Stainless & Alloy Products stock?

According to 1 Wall Street analysts who monitor Universal Stainless & Alloy Products, their consensus recommendation is to buy Universal Stainless & Alloy Products stock.

What is the best way to buy Universal Stainless & Alloy Products stock?

One way to place an order for Universal Stainless & Alloy Products stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.