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How to Buy Vast Renewables Stock

Vast Renewables Ltd

Vast Solar Pty Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels.

Vast Renewables stock last closed at $3.95, down 3.66% from the previous day, and has decreased 62.35% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.49 percentage points. Vast Renewables stock is currently +142.33% from its 52-week low of $1.63, and -71.79% from its 52-week high of $14.00.

There are currently 29.29M shares of VSTE outstanding. The market value of VSTE is $115.70M. In the past 24 hours, 12,476 VSTE shares were traded.

How to Buy Vast Renewables Stock

Wondering how to invest in Vast Renewables stock? Here's how.
  1. Figure out where to buy Vast Renewables stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Vast Renewables stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Evaluate Vast Renewables stock: The Vast Renewables ticker symbol is VSTE. Is Vast Renewables stock a good investment? Should you buy shares of VSTE? How do VSTE's underlying business fundamentals look? Do top analysts think Vast Renewables is a good buy? Why has VSTE's stock price moved recently? (Hint: Our stock market analysis website can help you understand if VSTE is a good stock to buy).
  5. Place your VSTE purchase: Decide if you will purchase VSTE shares at the current market price or use a limit order to buy VSTE shares at a particular price.
  6. Monitor your investment in VSTE: Create a watchlist to get the latest news on your position in Vast Renewables stock.

Step 1: Figure out where to buy Vast Renewables stock

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

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

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal details so you can buy VSTE stock today.

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Step 3: Deposit money your investment account

Now that you've created your account on apps for stocks, you need to deposit funds:

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Step 4: Evaluate Vast Renewables stock

Once you have identified the best place to buy Vast Renewables stock, it's absolutely critical to analyze their stock before you invest, so you truly comprehend the risk and upside.

Vast Renewables Metrics

VSTE Price
$3.95
1w %
-36.5%
1y %
-62.35%
5y %
N/A
P/E
-0.06x
P/B
52.14x
P/S
9.92x
PEG
N/A
Revenue
$1.69M
Earnings
-$298.21M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$115.70M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Vast Renewables

WallStreetZen was created to help average investors do better fundamental analysis in less time.

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

Is VSTE stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VSTE's fair value.

Using relative valuations metrics:

  • VSTE may be overvalued based on its P/B ratio of 52.14x, relative to Utilities - Regulated Electric industry P/B ratio of 1.58x

You can access more valuation research on VSTE's stock here.

VSTE Financial Summary

Signs that VSTE is financially healthy:

  • There are more short-term assets than short-term liabilities on the VSTE balance sheet.
  • There are more short-term assets than long-term liabilities on the VSTE balance sheet.

Signs that VSTE is not financially healthy:

  • VSTE has cash burn of 35671243. It does not have enough cash and short-term investments to cover this.
  • VSTE has $16.51M in cash and short term investments. This is not enough to cover its annual cash burn of $35.67M.
  • VSTE has a relatively high debt to equity ratio of 8.97.
  • VSTE profit margin has gone down from -403.9% to -17,677.1% in the past year.

VSTE Technicals

SMA10
5.69
SMA20
4.82
SMA50
3.47
SMA100
5.01
SMA200
7.93
MACD
0.46
MACD Signal
0.73
MACD Histogram
-0.27
RSI
45.52
Stochastic %K
19.9
Stochastic %D
25.73
StochRSI %K
8.79
StochRSI %D
19.35

VSTE Revenue

Last year, VSTE revenue was $1.69M. In the past 1 years, VSTE's revenue has increased by -31.53% per year. This was slower than the Utilities - Regulated Electric industry average of 4.05%.

Learn more about VSTE's earnings and revenue performance here.

Are VSTE executives and large shareholders buying or selling the stock?

Over the last year, insiders at VSTE have not bought or sold any shares.

Get more info about who owns VSTE stock here.

Can I get consistent income from VSTE stock?

No, Vast Renewables doesn't provide an income stream by paying out dividends.

What others are saying about VSTE

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Step 5: Place your VSTE purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.

Press the Open Trade button and eToro will execute the order.

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Step 6: Monitor your investment in VSTE

Now that you own some shares in VSTE, you'll want to stay up-to-date on your new investment.

Create a watchlist to track your VSTE stock.

VSTE Feed

How to Buy Stock in Vast Renewables

To summarize, here are the 6 steps to buy stock in Vast Renewables:

  1. Figure out where to buy Vast Renewables stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Evaluate Vast Renewables stock
  5. Place your VSTE purchase
  6. Monitor your investment in VSTE

If you require a brokerage, 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 get notifications regarding your investment in Vast Renewables, click below.

NASDAQ: VSTE
$3.95-0.15 (-3.66%)
Updated Apr 17, 2024
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NASDAQ: VSTE
$3.95-0.15 (-3.66%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Vast Renewables share?

As of Apr 17, 2024, it costs $3.95 to buy one share of Vast Renewables stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.253 shares of VSTE.

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.

What is the best way to buy Vast Renewables stock?

One way to place an order for Vast Renewables 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.