How to Buy Pineapple Energy Stock
Pineapple Energy Inc
Pineapple Holdings, Inc. provides photovoltaic solar energy systems to residential homeowners in the United States.
Pineapple Energy stock last closed at $0.11, down 29.05% from the previous day, and has decreased 92.71% in one year. It has underperformed other stocks in the Solar industry by 0.43 percentage points. Pineapple Energy stock is currently +156.1% from its 52-week low of $0.04, and -93.14% from its 52-week high of $1.53.
As of May 17, 2024, there are 95.94M shares of PEGY outstanding. The market capitalization of PEGY is $10.07M. In the last 24 hours, 215.59M PEGY shares were traded.
How to Buy Pineapple Energy Stock
Wondering how to invest in Pineapple Energy stock? Here's how.
- Figure out where to buy Pineapple Energy stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Pineapple Energy stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Pineapple Energy stock: The Pineapple Energy ticker symbol is PEGY. Is Pineapple Energy stock a good investment? Should you buy shares of PEGY? How do PEGY's underlying business fundamentals look? Do top analysts think Pineapple Energy is a good buy? Why has PEGY's stock price moved recently? (Hint: Our stock research tools can help you evaluate if PEGY is a good stock to buy).
- Place your PEGY purchase: Decide if you will purchase PEGY shares at the current market price or use a limit order to buy PEGY stock at a particular price.
- Get updates on your PEGY investment: Create a watchlist to keep track of your investment in Pineapple Energy shares.
Step 1: Figure out where to buy Pineapple Energy stock
You need a brokerage account in order to access the NASDAQ market and buy PEGY shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you are able to buy PEGY 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.
- Enter your personal details to open your new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on the best stock market app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Evaluate Pineapple Energy stock
After you have chosen the best place to buy Pineapple Energy stock, it's important to analyze their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Pineapple Energy shares data
Pineapple Energy Zen Score
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on PEGY's stock page.
How is PEGY stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PEGY's true value.
You can do additional valuation analysis on PEGY's stock here.
PEGY Financial Health Summary
Pros:
- PEGY profit margin has gone up from -56.5% to -22.2% in the past year.
- PEGY has $3.29M in cash and short term investments. This is enough to cover its annual cash burn of $3.69M.
Cons:
- There are more long-term liabilities than short-term assets on the PEGY balance sheet.
- Total PEGY debt is still negative.
- There are more short-term liabilities than short-term assets on the PEGY balance sheet.
- PEGY has cash burn of 3688957. It does not have enough cash and short-term investments to cover this.
- PEGY debt to equity ratio of -5.89 is negative.
You can dig deeper into what analysts are projecting on the Pineapple Energy stock forecast page.
Metrics for Advanced PEGY Traders
How is PEGY performing as a company?
Last year, PEGY revenue was $70.79M. In the past five year, PEGY's revenue has increased by 13.97% per year. This was slower than the Solar industry average of 26.78%.
Dive into PEGY's earnings and revenue performance here.
Latest Insiders Trades at PEGY
In the past 12 months, executives and large shareholders at PEGY have sold more shares than they have bought.
Kristin Hlavka, CORPORATE CONTROLLER of PEGY, was the latest PEGY insider to sell. They sold $711.54 worth of PEGY stock on May 15, 2024.
Get more info about who owns PEGY stock here.
Can I rely on PEGY as an income stream?
No, Pineapple Energy doesn't provide an income stream by paying out dividends.
PEGY Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your PEGY purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and eToro will place your order.
If you require more help buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your PEGY investment
Now that you own some PEGY shares, you'll want to keep up with your new company.
Make a watchlist to monitor your PEGY stock.
PEGY Feed
How to Buy Stock in Pineapple Energy
To reiterate, here are the 6 steps to buy stock in Pineapple Energy:
- Figure out where to buy Pineapple Energy stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Pineapple Energy stock
- Place your PEGY purchase
- Get updates on your PEGY investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Pineapple Energy, click the button below.
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