How to Buy Datchat Stock
Datchat Inc
DatChat, Inc. a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection.
Datchat stock last closed at $2.41, up 6.64% from the previous day, and has increased 104.24% in one year. It has overperformed other stocks in the Software - Application industry by 1.18 percentage points. Datchat stock is currently +138.61% from its 52-week low of $1.01, and -74.2% from its 52-week high of $9.34.
At the moment, there are 4.28M shares of DATS outstanding. The market cap of DATS is $10.31M. In the last 24 hours, 185,331 DATS shares were traded.
How to Buy Datchat Stock
Wondering how to invest in Datchat stock? Here's how.
- Decide where to buy Datchat stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Datchat stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your payment method and add your details.
- Research Datchat stock: The Datchat ticker symbol is DATS. Is Datchat stock a good investment? Should you buy shares of DATS? How do DATS's underlying business fundamentals look? Do top analysts think Datchat is a good buy? Why has DATS's stock price moved recently? (Hint: Our stock market research tools can help you understand if DATS is a good stock to buy).
- Execute your DATS trade: Decide if you will purchase DATS shares at the current market price or use a limit order to buy DATS stock at a given price.
- Get the latest scoop on your investment in DATS: Create a watchlist to important notifications about your position in Datchat stock.
Step 1: Decide where to buy Datchat stock
You need an online brokerage account to access the NASDAQ market and buy DATS stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Tech to Utilities, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. 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 cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you can invest in DATS today.
How to Create a New Brokerage 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.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on stock apps to use, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Research Datchat stock
After you have chosen the best place to buy Datchat stock, it's crucial to analyze their stock before you invest, so you can wrap your head around the risk and upside.
Datchat Metrics
Datchat Fundamentals
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on DATS's stock page.
How is DATS stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DATS's intrinsic value.
Using relative valuations metrics:
- DATS may be undervalued based on its P/B ratio of 1.5x, relative to Software - Application industry P/B ratio of 6.34x
You can access additional valuation analysis on DATS's stock here.
How do DATS Financials look?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the DATS balance sheet.
- DATS has a low debt to equity ratio of 0.09.
- Total DATS debt is lower than 5 years ago, relative to shareholder equity.
- DATS has $4.15M in cash and short term investments. This is sufficient to cover its annual cash burn of $4.39M.
- There are more short-term assets than long-term liabilities on the DATS balance sheet.
Failed Health Checks:
- DATS has cash burn of 4388385. It does not have sufficient cash and short-term investments to cover this.
- DATS profit margin has gone up by 2,784.55 percentage points in the past year, but the company is still unprofitable.
DATS Trading Indicators
DATS Performance Numbers
Last year, DATS revenue was $436.00. Over the past 3 year, DATS's revenue has gone up by -96.62% per year. This was slower than the Software - Application industry average of 21.48%.
You can analyze DATS's earnings and revenue performance here.
Are DATS insiders buying or selling the stock?
In the last year, executives and large shareholders at DATS have not bought or sold any shares.
Get more info about who owns DATS stock here.
Can I get consistent income from DATS stock?
No, Datchat doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your DATS trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in DATS
Now that you own some DATS shares, you'll want to stay up-to-date on your shares.
Create a watchlist to get notified of important updates regarding your DATS stock.
DATS Feed
How to Buy Stock in Datchat
To reiterate, here are the 6 steps you need to take to buy Datchat stock right now:
- Decide where to buy Datchat stock
- Create a brokerage account
- Fund your investment account
- Research Datchat stock
- Execute your DATS trade
- Get the latest scoop on your investment in DATS
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Datchat, get started below.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation 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.