How to Buy Greenpower Motor Co Stock
Greenpower Motor Co Inc
GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada.
Greenpower Motor Co stock last closed at $0.42, down 4.11% from the previous day, and has decreased 75.44% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.24 percentage points. Greenpower Motor Co stock is currently +2.44% from its 52-week low of $0.41, and -78.01% from its 52-week high of $1.91.
There are currently 29.49M shares of GP outstanding. The market cap of GP is $12.39M. In the last 24 hours, 13,495 GP shares were traded.
How to Buy Greenpower Motor Co Stock
Not sure how to invest in Greenpower Motor Co stock? Here's how.
- Figure out where to buy Greenpower Motor Co stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Greenpower Motor Co stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your details.
- Analyze Greenpower Motor Co stock: The Greenpower Motor Co ticker symbol is GP. Is Greenpower Motor Co stock a good investment? Should you buy shares of GP? How do GP's underlying business fundamentals look? Do top analysts think Greenpower Motor Co is a good buy? Why has GP's stock price moved recently? (Hint: Our stock market research tools can help you figure out if GP is a good stock to buy).
- Execute your GP trade: Decide if you will purchase GP shares at the current market price or use a limit order to purchase GP shares at a specific price.
- Get notifications regarding your GP position: Create a watchlist to get live updates on your investment in Greenpower Motor Co stock.
Step 1: Figure out where to buy Greenpower Motor Co stock
You will need an online brokerage account to access the NASDAQ market and buy GP stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can buy GP 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.
- Input your personal data to open a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on the best stock investing app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Analyze Greenpower Motor Co stock
After you have figured out the best place to buy Greenpower Motor Co stock, it's important to evaluate their stock prior to investing, so you truly wrap your head around the risk and upside.
Greenpower Motor Co quick stats
GP Due Diligence Score
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on GP's stock page.
How is GP stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GP's true value.
Using relative valuations metrics:
- GP may be overvalued based on its P/B ratio of 5.79x, relative to Auto Manufacturers industry P/B ratio of 2.16x
You can do additional valuation analysis on GP's stock here.
GP Financial Health Summary
Signs that GP is financially healthy:
- There are more short-term assets than short-term liabilities on the GP balance sheet.
- There are more short-term assets than long-term liabilities on the GP balance sheet.
- Total GP debt is lower than 5 years ago, relative to shareholder equity.
Signs that GP is not financially healthy:
- GP has cash burn of 10664273. It does not have enough cash and short-term investments to cover this.
- GP has a relatively high debt to equity ratio of 16.48.
- GP profit margin has gone down from -31.5% to -103.9% in the past year.
- GP has $666.98k in cash and short term investments. This is not sufficient to cover its annual cash burn of $10.66M.
You can dig deeper into what analysts are projecting on the Greenpower Motor Co stock forecast page.
GP Trading Indicators
Is GP Making Money?
Last year, GP revenue was $20.66M. Over the past 5 year, GP's revenue has increased by 6.13% per year. This was slower than the Auto Manufacturers industry average of 31.28%.
Learn more about GP's earnings and revenue performance here.
Are GP executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at GP have not bought or sold any shares.
Research more about who owns GP shares here.
Can I get consistent income from GP stock?
No, Greenpower Motor Co doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your GP trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more help investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your GP position
Now that you own some GP stock, you'll want to stay up-to-date on your investment.
Make a watchlist to monitor your GP stock.
GP Feed
How to Buy Stock in Greenpower Motor Co
To reiterate, here are the 6 steps you need to take to buy Greenpower Motor Co stock right now:
- Figure out where to buy Greenpower Motor Co stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Greenpower Motor Co stock
- Execute your GP trade
- Get notifications regarding your GP position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Greenpower Motor Co, hit the button below to create your watchlist.
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