How to Buy Solesence Stock
Solesence Inc
Solésence, Inc. , formerly Nanophase Technologies Corporation, is a developer and manufacturer of clean, inclusive, mineral-based skincare and makeup products.
Solesence stock last closed at $2.28, up 1.33% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Household & Personal Products industry by N/A percentage points. Solesence stock is currently +67.65% from its 52-week low of $1.36, and -86.23% from its 52-week high of $16.56.
How to Buy Solesence Stock
Wondering how to invest in Solesence stock? Here's how.
- Choose where to buy Solesence stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Solesence stock.
- Create your 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 details.
- Evaluate Solesence stock: The Solesence ticker symbol is SLSN. Is Solesence stock a good investment? Should you buy shares of SLSN? How do SLSN's underlying business fundamentals look? Do top analysts think Solesence is a good buy? Why has SLSN's stock price moved recently? (Hint: Our stock market research website can help you figure out if SLSN is a good stock to buy).
- Place your SLSN buy order: Decide if you will purchase SLSN shares at the current market price or use a limit order to buy SLSN stock at a particular price.
- Keep an eye on your SLSN position: Create a watchlist to watch your investment in Solesence shares.
Step 1: Choose where to buy Solesence stock
You need an online brokerage account to access the NASDAQ market and buy SLSN stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your stock purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you can invest in SLSN stock today.
How to Create a New Investment 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.
- Provide your personal data to open a new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened 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 transferring funds into your investment account.
Step 4: Evaluate Solesence stock
Once you have figured out the best place to buy Solesence stock, it's important to analyze their stock before you invest, so you truly understand the risk and upside.
Solesence shares at a glance
SLSN Fundamentals
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on SLSN's stock page.
What is the fair value of SLSN stock?
Analysts use many financial metrics, analyses, models, and charts to gauge SLSN's intrinsic value.
Using relative valuations measures:
- SLSN could be overvalued based on its P/E ratio of 32.57x, relative to Household & Personal Products industry P/E ratio of 26.2x
- SLSN could be overvalued based on its PEG ratio of 1.89x
You can do additional valuation research on SLSN's stock here.
A quick look at SLSN Financials
Passed Health Checks:
- SLSN has $1.41M in cash and short term investments. This is sufficient to cover its annual cash burn of $2.59M.
- There are more short-term assets than long-term liabilities on the SLSN balance sheet.
- SLSN profit margin has gone up from -11.8% to 8.1% in the past year.
- There are more short-term assets than short-term liabilities on the SLSN balance sheet.
- Total SLSN debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- SLSN has cash burn of 2587000. It does not have enough cash and short-term investments to cover this.
- SLSN has a relatively high debt to equity ratio of 2.35.
SLSN Momentum
SLSN Growth Numbers
Last year, SLSN earnings were $4.24M. During the past 4 year, SLSN's earnings have grown by 23.59% per year. This was faster than the Household & Personal Products industry average of 9.65%.
Last year, SLSN revenue was $52.35M. During the past five year, SLSN's revenue has gone up by 33.15% per year. This was faster than the Household & Personal Products industry average of 3.87%.
Learn more about SLSN's earnings and revenue performance here.
Are SLSN insiders buying or selling the stock?
Over the past year, insiders at SLSN have not bought or sold any shares.
Get more info about who owns SLSN shares here.
Does SLSN stock generate passive income?
No, Solesence doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your SLSN buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - 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.
Hit the Open Trade button and eToro will place the order.
If you require additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your SLSN position
Now that you own some SLSN shares, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to track the latest developments regarding your SLSN stock.
SLSN Feed
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How to Buy Stock in Solesence
To summarize, here are the 6 steps to buy stock in Solesence:
- Choose where to buy Solesence stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Solesence stock
- Place your SLSN buy order
- Keep an eye on your SLSN position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Solesence, click the button below.
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