How to Buy Wag! Group Co Stock
Wag! Group Co
Wag! Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents.
Wag! Group Co stock last closed at $2.23, up 3.24% from the previous day, and has decreased 0.89% in one year. It has underperformed other stocks in the Software - Application industry by 0.25 percentage points. Wag! Group Co stock is currently +40.25% from its 52-week low of $1.59, and -17.41% from its 52-week high of $2.70.
There are currently 40.38M shares of PET outstanding. The market value of PET is $90.06M. In the last 24 hours, 61,911 PET shares were traded.
How to Buy Wag! Group Co Stock
Wondering how to invest in Wag! Group Co stock? Here's how.
- Figure out where to buy Wag! Group Co stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Wag! Group Co stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select your payment method and add your details.
- Analyze Wag! Group Co stock: The Wag! Group Co ticker symbol is PET. Is Wag! Group Co stock a good investment? Should you buy shares of PET? How do PET's underlying business fundamentals look? Do top analysts think Wag! Group Co is a good buy? Why has PET's stock price moved recently? (Hint: Our stock research website can help you figure out if PET is a good stock to buy).
- Make your PET purchase: Decide if you will purchase PET shares at the current market price or use a limit order to buy PET shares at a specific price.
- Keep tabs on your PET position: Create a watchlist to get live updates on your position in Wag! Group Co stock.
Step 1: Figure out where to buy Wag! Group Co stock
You need a brokerage account to access the NASDAQ market and buy PET shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without 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 has 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 fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you can invest in PET today.
How to Start a New 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.
- Enter your personal data to open your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on mobile trading apps, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing money into your brokerage account.
Step 4: Analyze Wag! Group Co stock
After you have selected the best place to buy Wag! Group Co stock, it's important to analyze their stock prior to buying, so you can comprehend the risk and upside.
Overview of key PET info
PET Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PET's stock page.
How is PET stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PET's intrinsic value.
Using relative valuations measures:
- PET could be overvalued based on its P/B ratio of 54.71x, relative to Software - Application industry P/B ratio of 6.53x
You can access more valuation research on PET's stock here.
PET Financial Overview
Pros:
- PET profit margin has gone up from -70.3% to -15.9% in the past year.
- There are more short-term assets than short-term liabilities on the PET balance sheet.
- There are more short-term assets than long-term liabilities on the PET balance sheet.
- PET has cash burn of 6826000. It has sufficient cash and short-term investments to cover this for at least one year.
- PET has $18.32M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.83M.
Cons:
- PET has a relatively high debt to equity ratio of 27.37.
You can dig deeper into what analysts are saying on the Wag! Group Co stock forecast page.
PET Momentum
Is PET Making Money?
Last year, PET revenue was $83.92M. Over the past 4 year, PET's revenue has increased by 62.72% per year. This was faster than the Software - Application industry average of 27.59%.
You can analyze PET's earnings and revenue performance here.
Are PET insiders buying or selling the stock?
In the past year, insiders at PET have sold more shares than they have bought.
Dylan Allread, Chief Operating Officer of PET, was the latest PET insider to sell. They sold $20,760.48 worth of PET stock on Apr 19, 2024.
Dig into more about who owns PET stock here.
Does PET stock generate passive income?
No, Wag! Group Co doesn't provide an income stream by paying out dividends.
What others are saying about PET
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your PET purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - 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 an exact dollar amount limit, place a limit order.
Click the Open button and your broker will execute the order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your PET position
Now that you own some PET stock, you'll want to stay up-to-date on your new company.
Put PET on a watchlist to track the most important metrics related to your PET stock.
PET Feed
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How to Buy Stock in Wag! Group Co
To summarize, here are the 6 steps for buying Wag! Group Co stock:
- Figure out where to buy Wag! Group Co stock
- Sign up for a brokerage account
- Put funds into your investment account
- Analyze Wag! Group Co stock
- Make your PET purchase
- Keep tabs on your PET position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Wag! Group Co, create a watchlist today.
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