How to Buy Electrovaya Stock
Electrovaya Inc
Electrovaya Inc. , together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America.
Electrovaya stock last closed at $2.56, up 1.19% from the previous day, and has decreased 16.61% in one year. It has overperformed other stocks in the Electrical Equipment & Parts industry by 0.08 percentage points. Electrovaya stock is currently +53.29% from its 52-week low of $1.67, and -27.68% from its 52-week high of $3.54.
There are currently 34.14M ELVA shares outstanding. The market capitalization of ELVA is $87.39M. In the last 24 hours, 21,712 ELVA shares were traded.
How to Buy Electrovaya Stock
Not sure how to invest in Electrovaya stock? Here's how.
- Figure out where to buy Electrovaya stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Electrovaya stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your details.
- Analyze Electrovaya stock: The Electrovaya ticker symbol is ELVA. Is Electrovaya stock a good investment? Should you buy shares of ELVA? How do ELVA's underlying business fundamentals look? Do top analysts think Electrovaya is a good buy? Why has ELVA's stock price moved recently? (Hint: Our stock market research tools can help you understand if ELVA is a good stock to buy).
- Execute your ELVA trade: Decide if you will purchase ELVA shares at the current market price or use a limit order to purchase ELVA stock at a particular price.
- Get notifications regarding your investment in ELVA: Create a watchlist to the latest updates on your new investment in Electrovaya shares.
Step 1: Figure out where to buy Electrovaya stock
You need an online brokerage account to access the NASDAQ market and buy ELVA shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you can invest in ELVA stock today.
How to Create 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 a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best stock market app for beginners, you can securely and quickly fund your account:
Check out the video below if you need help depositing funds into your new investment account.
Step 4: Analyze Electrovaya stock
Once you have chosen the best place to buy Electrovaya stock, it's very important to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.
Electrovaya Metrics
Electrovaya Due Diligence Score
WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ELVA's stock page.
Is ELVA stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ELVA's intrinsic value.
Using relative valuations ratios:
- ELVA may be overvalued based on its P/B ratio of 4.36x, relative to Electrical Equipment & Parts industry P/B ratio of 3.81x
You can access more valuation research on ELVA's stock here.
How do ELVA Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the ELVA balance sheet.
- There are more short-term assets than short-term liabilities on the ELVA balance sheet.
Failed Financial Due Diligence Checks:
- ELVA has a relatively high debt to equity ratio of 1.25.
Is it a good time to buy ELVA stock, according to analysts?
Out of 3 Wall Street analysts who give recommendations on ELVA, the consensus analyst rating on ELVA is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Electrovaya stock forecast page.
ELVA Technical Indicators
Are ELVA insiders buying or selling the stock?
In the last year, insiders at ELVA have not bought or sold any shares.
Get more info about who owns ELVA stock here.
Can I rely on ELVA as an income stream?
No, Electrovaya doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your ELVA trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will place your order.
If you require more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in ELVA
Now that you own some shares in ELVA, you'll want to stay up-to-date on your stock purchase.
Add ELVA to a watchlist to keep track of your ELVA stock.
ELVA Feed
How to Buy Stock in Electrovaya
To summarize, here are the 6 steps to buy Electrovaya stock:
- Figure out where to buy Electrovaya stock
- Open your brokerage account
- Fund your investment account
- Analyze Electrovaya stock
- Execute your ELVA trade
- Get notifications regarding your investment in ELVA
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Electrovaya, create a watchlist on WallStreetZen today.
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