How to Buy Vast Renewables Stock
Vast Renewables Ltd
Vast Renewables Limited, a renewable energy company, develops and sells concentrated solar thermal power (CSP) systems.
Vast Renewables stock last closed at $0.35, down 0.84% from the previous day, and has decreased 89.62% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 1.11 percentage points. Vast Renewables stock is currently +26.07% from its 52-week low of $0.28, and -95.59% from its 52-week high of $8.00.
There are currently 29.97M shares of VSTE outstanding. The market value of VSTE is $10.58M. In the past 24 hours, 424,330 VSTE shares were traded.
How to Buy Vast Renewables Stock
Wondering how to invest in Vast Renewables stock? Here's how.
- Figure out where to buy Vast Renewables stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Vast Renewables stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your payment method and add your information.
- Evaluate Vast Renewables stock: The Vast Renewables ticker symbol is VSTE. Is Vast Renewables stock a good investment? Should you buy shares of VSTE? How do VSTE's underlying business fundamentals look? Do top analysts think Vast Renewables is a good buy? Why has VSTE's stock price moved recently? (Hint: Our stock market analysis website can help you understand if VSTE is a good stock to buy).
- Place your VSTE purchase: Decide if you will purchase VSTE shares at the current market price or use a limit order to buy VSTE shares at a particular price.
- Monitor your investment in VSTE: Create a watchlist to get the latest news on your position in Vast Renewables stock.
Step 1: Figure out where to buy Vast Renewables stock
You will need an online brokerage account in order to access the NASDAQ market and buy VSTE shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you can buy VSTE stock today.
How to Start 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 start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on apps for stocks, you need to deposit funds:
Check out this video walkthrough for more details depositing funds into your investment account.
Step 4: Evaluate Vast Renewables stock
Once you have identified the best place to buy Vast Renewables stock, it's absolutely critical to analyze their stock before you invest, so you truly comprehend the risk and upside.
Vast Renewables Metrics
Fundamentals of Vast Renewables
WallStreetZen was created to help average investors do better fundamental analysis in less time.
You can see all of the due diligence checks on VSTE's stock page.
Is VSTE stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VSTE's fair value.
Using relative valuations metrics:
- VSTE may be undervalued based on its P/E ratio of 0.01x, relative to Utilities - Regulated Electric industry P/E ratio of 20.74x
You can access more valuation research on VSTE's stock here.
VSTE Financial Summary
Signs that VSTE is financially healthy:
- There are more short-term assets than short-term liabilities on the VSTE balance sheet.
- VSTE has $6.90M in cash and short term investments. This is enough to cover its annual cash burn of $16.40M.
- There are more short-term assets than long-term liabilities on the VSTE balance sheet.
Signs that VSTE is not financially healthy:
- VSTE debt to equity ratio of -4.06 is negative.
- Total VSTE debt is still negative.
- VSTE has cash burn of 16400000. It does not have enough cash and short-term investments to cover this.
- VSTE profit margin has gone up by 253.97 percentage points in the past year, but the company is still unprofitable.
Metrics for Advanced VSTE Traders
How are VSTE Revenues/Earnings doing?
Last year, VSTE revenue was $6.19M. Over the past two year, VSTE's revenue has grown by 58.54% per year. This was faster than the Utilities - Regulated Electric industry average of 3.51%.
Find out more about VSTE's earnings and revenue performance here.
Latest Insiders Trades at VSTE
Over the last 12 months, insiders at VSTE have not bought or sold any shares.
Research more about who owns VSTE shares here.
Does VSTE stock generate passive income?
No, Vast Renewables doesn't provide an income stream by paying out dividends.
VSTE Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your VSTE purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open button and your broker will place the order.
If you need more assistance buying stocks on eToro, click the how to video below:
Step 6: Monitor your investment in VSTE
Now that you own some shares in VSTE, you'll want to stay up-to-date on your new investment.
Make a watchlist to get alerted to the latest events about your VSTE stock.
VSTE Feed
How to Buy Stock in Vast Renewables
To summarize, here are the 6 steps to buy stock in Vast Renewables:
- Figure out where to buy Vast Renewables stock
- Open your brokerage account
- Deposit money your investment account
- Evaluate Vast Renewables stock
- Place your VSTE purchase
- Monitor your investment in VSTE
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Vast Renewables, create your watchlist below.
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