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How to Buy Zedge Stock

Zedge Inc

Zedge, Inc. engages in the provision of content platforms for smart phone personalization. The company is headquartered in New York City, New York.

Zedge stock last closed at $2.35, down 1.67% from the previous day, and has increased 19.9% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.06 percentage points. Zedge stock is currently +39.88% from its 52-week low of $1.68, and -54.63% from its 52-week high of $5.18.

At the moment, there are 14.56M ZDGE shares outstanding. The market capitalization of ZDGE is $34.21M. In the last 24 hours, 19,659 ZDGE shares were traded.

How to Buy Zedge Stock

Not sure how to invest in Zedge stock? Here's how.
  1. Decide where to buy Zedge stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Zedge stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your info.
  4. Evaluate Zedge stock: The Zedge ticker symbol is ZDGE. Is Zedge stock a good investment? Should you buy shares of ZDGE? How do ZDGE's underlying business fundamentals look? Do top analysts think Zedge is a good buy? Why has ZDGE's stock price moved recently? (Hint: Our stock analysis website can help you understand if ZDGE is a good stock to buy).
  5. Place your ZDGE buy order: Decide if you will purchase ZDGE shares at the current market price or use a limit order to purchase ZDGE shares at a specific price.
  6. Monitor your ZDGE position: Create a watchlist to the latest updates on your new investment in Zedge stock.

Step 1: Decide where to buy Zedge stock

You will need a brokerage account to access the NYSEMKT market and buy ZDGE shares.

A brokerage account is an investment account that enables you to buy and sell a number 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 information so you are able to buy ZDGE today.

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  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on the best stock app to use, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help depositing funds into your investment account.

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Step 4: Evaluate Zedge stock

After you have identified the best place to buy Zedge stock, it's absolutely critical to research their stock before you buy, so you can understand the risk as well as the upside.

Zedge stock data

ZDGE Price
$2.35
1w %
-5.24%
1y %
19.9%
5y %
2.17%
P/E
-1.96x
P/B
1.12x
P/S
1.17x
PEG
N/A
Revenue
$28.21M
Earnings
-$16.78M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$34.21M
Next Earnings
Jun 10, 2024
Next Dividend
N/A

Zedge Zen Score

WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ZDGE's stock page.

What is the fair value of ZDGE stock?

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

Using relative valuations measures:

  • ZDGE could be undervalued based on its P/B ratio of 1.12x, relative to Internet Content & Information industry P/B ratio of 6.44x

You can access additional valuation research on ZDGE's stock here.

Is ZDGE a healthy company?

Positive Health Checks:

  • ZDGE's operating cash flow of $4.85M allows it to safely service it's debt of $0.00.
  • There are more short-term assets than short-term liabilities on the ZDGE balance sheet.
  • ZDGE has a low debt to equity ratio of 0.21.
  • There are more short-term assets than long-term liabilities on the ZDGE balance sheet.

Negative Health Checks:

  • ZDGE profit margin has gone down from 24.6% to -59.5% in the past year.
  • ZDGE earnings of -$19.52M is not enough to cover its interest payments.
  • Total ZDGE debt is higher than 5 years ago, relative to shareholder equity.

ZDGE Technicals

SMA10
2.48
SMA20
2.59
SMA50
3.28
SMA100
2.79
SMA200
2.42
MACD
-0.22
MACD Signal
-0.23
MACD Histogram
0.01
RSI
37.16
Stochastic %K
16.67
Stochastic %D
25.28
StochRSI %K
16.36
StochRSI %D
39.96

How are ZDGE Revenues/Earnings doing?

Last year, ZDGE revenue was $28.21M. Over the last 5 year, ZDGE's revenue has gone up by 22.85% per year. This was faster than the Internet Content & Information industry average of 18.79%.

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

Latest Insiders Trades at ZDGE

Over the past 12 months, executives and large shareholders at ZDGE have bought more shares than they have sold.

Michael C. Jonas, Executive Chairman of ZDGE, was the latest ZDGE insider to buy. They bought $380,000.16 worth of ZDGE stock on Feb 8, 2024.

Learn more about who owns ZDGE shares here.

Does ZDGE provide a stable income stream?

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

What do other traders have to say about ZDGE?

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

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Step 5: Place your ZDGE buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, place a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Monitor your ZDGE position

Now that you own some ZDGE stock, you'll want to stay up-to-date on your company.

Create a watchlist to keep track of your ZDGE stock.

ZDGE Feed

How to Buy Stock in Zedge

To reiterate, here are the 6 steps to buy stock in Zedge:

  1. Decide where to buy Zedge stock
  2. Open your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Zedge stock
  5. Place your ZDGE buy order
  6. Monitor your ZDGE position

If you require a brokerage account, eToro is our recommended 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 keep an eye on your new investment in Zedge, hit the button below to create your watchlist.

NYSEMKT: ZDGE
$2.35-0.04 (-1.67%)
Updated Apr 17, 2024
Open eToro Account
NYSEMKT: ZDGE
$2.35-0.04 (-1.67%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Zedge share?

As of Apr 17, 2024, it costs $2.35 to buy one share of Zedge 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 0.426 shares of ZDGE.

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 Zedge stock?

One way to place an order for Zedge 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.