How to Buy Wavedancer Stock
Wavedancer Inc
WaveDancer, Inc. engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States.
Wavedancer stock last closed at $1.95, up 2.04% from the previous day, and has decreased 53.57% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.68 percentage points. Wavedancer stock is currently +77.18% from its 52-week low of $1.10, and -78.34% from its 52-week high of $9.00.
At the moment, there are 2.01M shares of WAVD outstanding. The market capitalization of WAVD is $3.92M. In the last 24 hours, 23,736 WAVD shares were traded.
How to Buy Wavedancer Stock
Wondering how to invest in Wavedancer stock? Here's how.
- Decide where to buy Wavedancer stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Wavedancer stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your information.
- Analyze Wavedancer stock: The Wavedancer ticker symbol is WAVD. Is Wavedancer stock a good investment? Should you buy shares of WAVD? How do WAVD's underlying business fundamentals look? Do top analysts think Wavedancer is a good buy? Why has WAVD's stock price moved recently? (Hint: Our stock market research website can help you evaluate if WAVD is a good stock to buy).
- Place your WAVD buy order: Decide if you will purchase WAVD shares at the current market price or use a limit order to purchase WAVD shares at a specific price.
- Track your WAVD investment: Create a watchlist to keep tabs on your investment in Wavedancer stock.
Step 1: Decide where to buy Wavedancer stock
You need a brokerage account to access the NASDAQ market and buy WAVD shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to buy WAVD stock today.
How to Open 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.
- Input your personal info to open your new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on stock market app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing funds into your new brokerage account.
Step 4: Analyze Wavedancer stock
Once you have identified the best place to buy Wavedancer stock, it's very important to evaluate their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Overview of key WAVD info
Wavedancer Zen Score
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on WAVD's stock page.
Is WAVD stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge WAVD's intrinsic value.
Using relative valuations measures:
- WAVD could be undervalued based on its P/B ratio of 1.73x, relative to Information Technology Services industry P/B ratio of 4.61x
You can do additional valuation analysis on WAVD's stock here.
How do WAVD Financials look?
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the WAVD balance sheet.
- WAVD has $682.00k in cash and short term investments. This is enough to cover its annual cash burn of $2.81M.
Negative Health Checks:
- WAVD has a relatively high debt to equity ratio of 0.99.
- WAVD profit margin has gone up by 1.36 percentage points in the past year, but the company is still unprofitable.
- Total WAVD debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the WAVD balance sheet.
- WAVD has cash burn of 2814568. It does not have enough cash and short-term investments to cover this.
Metrics for Advanced WAVD Traders
WAVD Performance Numbers
Last year, WAVD revenue was $7.98M. Over the last 5 year, WAVD's revenue has increased by -2.23% per year. This was slower than the Information Technology Services industry average of 7.69%.
Dig into WAVD's earnings and revenue performance here.
Who is buying/selling WAVD?
In the last 12 months, insiders at WAVD have bought more shares than they have sold.
Gerald James Benoit Jr., CEO of WAVD, was the latest WAVD insider to buy. They bought $175,000.00 worth of WAVD stock on Sep 29, 2023.
Research more about who owns WAVD shares here.
Does WAVD provide a stable income stream?
No, Wavedancer doesn't provide an income stream by paying out dividends.
What do other investors have to say about WAVD?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your WAVD buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly 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 make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you require more help with buying stocks on eToro, watch the how to video below:
Step 6: Track your WAVD investment
Now that you own some WAVD shares, you'll want to stay up-to-date on your new investment.
Put WAVD on a watchlist to get notified of the latest news about your WAVD stock.
WAVD Feed
How to Buy Stock in Wavedancer
To reiterate, here are the 6 steps to buy stock in Wavedancer:
- Decide where to buy Wavedancer stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Wavedancer stock
- Place your WAVD buy order
- Track your WAVD investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Wavedancer, create a watchlist today.
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