How to Buy Transact Technologies Stock
Transact Technologies Inc
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.
Transact Technologies stock last closed at $3.45, down 1.82% from the previous day, and has decreased 28.27% in one year. It has underperformed other stocks in the Computer Hardware industry by 0.06 percentage points. Transact Technologies stock is currently +3.88% from its 52-week low of $3.32, and -36.87% from its 52-week high of $5.47.
There are currently 10.08M TACT shares outstanding. The market capitalization of TACT is $34.78M. In the last 24 hours, 5313 TACT shares were traded.
How to Buy Transact Technologies Stock
Wondering how to invest in Transact Technologies stock? Here's how.
- Choose where to buy Transact Technologies stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Transact Technologies stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your details.
- Research Transact Technologies stock: The Transact Technologies ticker symbol is TACT. Is Transact Technologies stock a good investment? Should you buy shares of TACT? How do TACT's underlying business fundamentals look? Do top analysts think Transact Technologies is a good buy? Why has TACT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if TACT is a good stock to buy).
- Place your TACT buy order: Decide if you will purchase TACT shares at the current market price or use a limit order to buy TACT shares at a given price.
- Track your investment in TACT: Create a watchlist to keep tabs on your new investment in Transact Technologies stock.
Step 1: Choose where to buy Transact Technologies stock
You need an online brokerage account to access the NASDAQ market and buy TACT shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Financial Services, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top stock 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 cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy TACT stock today.
How to Set Up 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.
- Enter your personal info to start your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the stock trading app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing funds into your brokerage account.
Step 4: Research Transact Technologies stock
After you have selected the best place to buy Transact Technologies stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.
Transact Technologies stock data
TACT Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TACT's stock page.
Is TACT stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TACT's fair value.
Using relative valuations measures:
- TACT could be undervalued based on its P/B ratio of 1.14x, relative to Computer Hardware industry P/B ratio of 5.91x
You can access additional valuation analysis on TACT's stock here.
TACT Financial Health Overview
Positive Financial Indicators:
- TACT's operating cash flow of $1.86M allows it to safely service it's debt of $4.19M.
- There are more short-term assets than short-term liabilities on the TACT balance sheet.
- There are more short-term assets than long-term liabilities on the TACT balance sheet.
Negative Financial Indicators:
- TACT has a relatively high debt to equity ratio of 0.44.
- Total TACT debt is higher than 5 years ago, relative to shareholder equity.
- TACT profit margin has gone down from 6.5% to -22.7% in the past year.
- TACT earnings of -$3.25M is not sufficient to cover its interest payments.
You can dig deeper into what analysts are saying on the Transact Technologies stock forecast page.
TACT Technicals
TACT Performance Numbers
Last year, TACT revenue was $43.38M. In the past 5 year, TACT's revenue has grown by -1.06% per year. This was slower than the Computer Hardware industry average of 16.85%.
Dig into TACT's earnings and revenue performance here.
Are TACT executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at TACT have not bought or sold any shares.
Learn more about who owns TACT stock here.
Does TACT stock generate passive income?
No, Transact Technologies doesn't provide an income stream by paying out dividends.
Get opinions 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 TACT buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and your broker will place the order.
If you want more info about buying stocks on eToro, click the how to video below:
Step 6: Track your investment in TACT
Now that you own some TACT shares, you'll want to keep up with your new investment.
Start a watchlist to monitor your TACT stock.
TACT Feed
How to Buy Stock in Transact Technologies
To reiterate, here are the 6 steps for buying Transact Technologies stock:
- Choose where to buy Transact Technologies stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research Transact Technologies stock
- Place your TACT buy order
- Track your investment in TACT
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Transact Technologies, create a watchlist on WallStreetZen today.
Trending Stock Buying Guides
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.