How to Buy Knot Offshore Partners Stock
Knot Offshore Partners LP
Knot Offshore Partners is a shipping company located in United Kingdom, which is part of the Industrials sector, and is traded under the ticker KNOP on the NYSE exchange.
Knot Offshore Partners stock last closed at $6.34, down 1.09% from the previous day, and has increased 24.56% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.46 percentage points. Knot Offshore Partners stock is currently +27.57% from its 52-week low of $4.97, and -30.41% from its 52-week high of $9.11.
There are currently 34.05M KNOP shares outstanding. The market cap of KNOP is $215.85M. In the past 24 hours, 63,384 KNOP shares were traded.
How to Buy Knot Offshore Partners Stock
Not sure how to invest in Knot Offshore Partners stock? Here's how.
- Figure out where to buy Knot Offshore Partners stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Knot Offshore Partners stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your details.
- Evaluate Knot Offshore Partners stock: The Knot Offshore Partners ticker symbol is KNOP. Is Knot Offshore Partners stock a good investment? Should you buy shares of KNOP? How do KNOP's underlying business fundamentals look? Do top analysts think Knot Offshore Partners is a good buy? Why has KNOP's stock price moved recently? (Hint: Our stock analysis website can help you decide if KNOP is a good stock to buy).
- Make your KNOP purchase: Decide if you will purchase KNOP shares at the current market price or use a limit order to purchase KNOP stock at a specific price.
- Get the latest scoop on your investment in KNOP: Create a watchlist to important updates regarding your investment in Knot Offshore Partners stock.
Step 1: Figure out where to buy Knot Offshore Partners stock
You need an online brokerage account in order to access the NYSE market and buy KNOP stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you can invest in KNOP today.
How to Set Up 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.
- Enter your personal data to create your new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on one of the best stock trading apps, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your investment account.
Step 4: Evaluate Knot Offshore Partners stock
Once you have decided on the best place to buy Knot Offshore Partners stock, it's absolutely critical to research their stock prior to investing, so you can understand the risk as well as the upside.
Overview of key KNOP info
KNOP Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on KNOP's stock page.
Is KNOP stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge KNOP's true value.
Using relative valuations metrics:
- KNOP could be overvalued based on its P/E ratio of 30.19x, relative to Marine Shipping industry P/E ratio of 8.5x
- KNOP could be undervalued based on its P/B ratio of 0.41x, relative to Marine Shipping industry P/B ratio of 0.69x
- KNOP could be undervalued based on its PEG ratio of 0.28x
You can access more valuation analysis on KNOP's stock here.
KNOP Financial Health Overview
Positive Health Checks:
- KNOP profit margin has gone up from -13.9% to 2.2% in the past year.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the KNOP balance sheet.
- KNOP earnings of $82.05M is not sufficient to cover its interest payments.
- KNOP's operating cash flow of $137.15M allows it to safely service it's debt of $906.00M.
- There are more short-term liabilities than short-term assets on the KNOP balance sheet.
- KNOP has a relatively high debt to equity ratio of 1.82.
- Total KNOP debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are projecting on the Knot Offshore Partners stock forecast page.
KNOP Trading Indicators
How is KNOP performing as a company?
Last year, KNOP earnings were $7.13M. In the past 5 year, KNOP's earnings have increased by -32.95% per year. This was slower than the Marine Shipping industry average of 39.43%.
Last year, KNOP revenue was $318.60M. During the last five year, KNOP's revenue has increased by 2.43% per year. This was slower than the Marine Shipping industry average of 37.34%.
Dig into KNOP's earnings and revenue performance here.
What are KNOP insiders up to?
Over the past 12 months, insiders at KNOP have not bought or sold any shares.
Learn more about who owns KNOP shares here.
Does KNOP provide a stable income stream?
No, Knot Offshore Partners doesn't provide an income stream by paying out dividends.
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Step 5: Make your KNOP purchase
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 usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and eToro will place the order.
If you need more help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in KNOP
Now that you own some KNOP shares, you'll want to keep up with your shares.
Create a watchlist to get the latest updates about your KNOP stock.
KNOP Feed
How to Buy Stock in Knot Offshore Partners
To summarize, here are the 6 steps to buy stock in Knot Offshore Partners:
- Figure out where to buy Knot Offshore Partners stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Knot Offshore Partners stock
- Make your KNOP purchase
- Get the latest scoop on your investment in KNOP
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Knot Offshore Partners, create your watchlist below.
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