How to Buy Vicinity Motor Stock
Vicinity Motor Corp
Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada.
Vicinity Motor stock last closed at $0.67, down 1.76% from the previous day, and has decreased 7.2% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.58 percentage points. Vicinity Motor stock is currently +10.74% from its 52-week low of $0.61, and -51.45% from its 52-week high of $1.38.
There are currently 45.67M shares of VEV outstanding. The market cap of VEV is $30.60M. In the last 24 hours, 13,752 VEV shares were traded.
How to Buy Vicinity Motor Stock
Not sure how to invest in Vicinity Motor stock? Here's how.
- Figure out where to buy Vicinity Motor stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Vicinity Motor stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Analyze Vicinity Motor stock: The Vicinity Motor ticker symbol is VEV. Is Vicinity Motor stock a good investment? Should you buy shares of VEV? How do VEV's underlying business fundamentals look? Do top analysts think Vicinity Motor is a good buy? Why has VEV's stock price moved recently? (Hint: Our stock market analysis website can help you understand if VEV is a good stock to buy).
- Place your VEV buy order: Decide if you will purchase VEV shares at the current market price or use a limit order to purchase VEV shares at a particular price.
- Get the latest news on your VEV position: Create a watchlist to keep track of your new investment in Vicinity Motor stock.
Step 1: Figure out where to buy Vicinity Motor stock
You need a brokerage account in order to access the NASDAQ market and buy VEV stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to invest in VEV stock today.
How to Create 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.
- Input your personal details to open a new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Vicinity Motor stock
Once you have decided on the best place to buy Vicinity Motor stock, it's very important to research their stock before you invest, so you truly understand the risk as well as the opportunity.
Vicinity Motor Numbers
VEV Zen Score
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on VEV's stock page.
How is VEV stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge VEV's fair value.
Using relative valuations ratios:
- VEV could be undervalued based on its P/B ratio of 1.96x, relative to Auto Manufacturers industry P/B ratio of 2.14x
You can do more valuation research on VEV's stock here.
VEV Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the VEV balance sheet.
Negative Financial Indicators:
- VEV profit margin has gone up by 0.1 percentage points in the past year, but the company is still unprofitable.
- VEV has cash burn of 19542647. It does not have sufficient cash and short-term investments to cover this.
- Total VEV debt is higher than 5 years ago, relative to shareholder equity.
- VEV has $1.49M in cash and short term investments. This is not enough to cover its annual cash burn of $19.54M.
- There are more short-term liabilities than short-term assets on the VEV balance sheet.
- VEV has a relatively high debt to equity ratio of 2.5.
VEV Trading Indicators
Is VEV Making Money?
Last year, VEV revenue was $14.01M. During the past five year, VEV's revenue has gone up by -22.7% per year. This was slower than the Auto Manufacturers industry average of 36.43%.
Find out more about VEV's earnings and revenue performance here.
Who is buying/selling VEV?
In the past 12 months, insiders at VEV have not bought or sold any shares.
Research more about who owns VEV shares here.
Can I rely on VEV as an income stream?
No, Vicinity Motor doesn't provide an income stream by paying out dividends.
What do other investors have to say about VEV?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your VEV buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible 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 given dollar amount limit, use a limit order.
Hit the Open button and your broker will place the order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your VEV position
Now that you own some VEV stock, you'll want to keep up with your new investment.
Start a watchlist to track the latest developments regarding your VEV stock.
VEV Feed
How to Buy Stock in Vicinity Motor
To reiterate, here are the 6 steps for buying Vicinity Motor stock:
- Figure out where to buy Vicinity Motor stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Vicinity Motor stock
- Place your VEV buy order
- Get the latest news on your VEV position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your investment in Vicinity Motor, add VEV to your watchlist by clicking the button below.
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