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How to buy Boingo Wireless stock | 10.13

Own Boingo Wireless stock in just a few minutes.

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Boingo Wireless, Inc is a telecom services business based in the US. Boingo Wireless shares (WIFI) are listed on the NASDAQ and all prices are listed in US Dollars. Boingo Wireless employs 408 staff and has a trailing 12-month revenue of around USD$247.3 million.

How to buy shares in Boingo Wireless

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Boingo Wireless. Find the stock by name or ticker symbol: WIFI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Boingo Wireless reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$10.13, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Boingo Wireless, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Boingo Wireless. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Boingo Wireless's share price?

Since the stock market crash in March caused by coronavirus, Boingo Wireless's share price has had significant negative movement.

Its last market close was USD$10.13, which is 29.60% down on its pre-crash value of USD$14.39 and 52.10% up on the lowest point reached during the March crash when the shares fell as low as USD$6.66.

If you had bought USD$1,000 worth of Boingo Wireless shares at the start of February 2020, those shares would have been worth USD$745.72 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$876.35.

Boingo Wireless share price

Use our graph to track the performance of WIFI stocks over time.

Boingo Wireless shares at a glance

Information last updated 2020-10-16.
Latest market closeUSD$10.13
52-week rangeUSD$6.66 - USD$15.92
50-day moving average USD$11.2269
200-day moving average USD$12.7549
Wall St. target priceUSD$20.29
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.117

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Boingo Wireless stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Boingo Wireless price performance over time

Historical closes compared with the close of $10.13 from 2020-10-16

1 week (2020-10-22) 12.56%
1 month (2020-09-29) 2.53%
3 months (2020-07-29) -30.43%
6 months (2020-04-29) -30.09%
1 year (2019-10-29) 4.65%
2 years (2018-10-29) -66.51%
3 years (2017-10-27) -56.37%
5 years (2015-10-29) 33.11%

Is Boingo Wireless under- or over-valued?

Valuing Boingo Wireless stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Boingo Wireless's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Boingo Wireless's EBITDA

Boingo Wireless's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$73 million.

The EBITDA is a measure of a Boingo Wireless's overall financial performance and is widely used to measure a its profitability.

Boingo Wireless financials

Revenue TTM USD$247.3 million
Gross profit TTM USD$88.1 million
Return on assets TTM -0.46%
Return on equity TTM -18.01%
Profit margin -6.4%
Book value $1.891
Market capitalisation USD$446 million

TTM: trailing 12 months

Shorting Boingo Wireless shares

There are currently 2.9 million Boingo Wireless shares held short by investors – that's known as Boingo Wireless's "short interest". This figure is 1.7% down from 2.9 million last month.

There are a few different ways that this level of interest in shorting Boingo Wireless shares can be evaluated.

Boingo Wireless's "short interest ratio" (SIR)

Boingo Wireless's "short interest ratio" (SIR) is the quantity of Boingo Wireless shares currently shorted divided by the average quantity of Boingo Wireless shares traded daily (recently around 510048.6678508). Boingo Wireless's SIR currently stands at 5.63. In other words for every 100,000 Boingo Wireless shares traded daily on the market, roughly 5630 shares are currently held short.

However Boingo Wireless's short interest can also be evaluated against the total number of Boingo Wireless shares, or, against the total number of tradable Boingo Wireless shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Boingo Wireless's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Boingo Wireless shares in existence, roughly 60 shares are currently held short) or 0.0674% of the tradable shares (for every 100,000 tradable Boingo Wireless shares, roughly 67 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Boingo Wireless.

Find out more about how you can short Boingo Wireless stock.

Boingo Wireless share dividends

We're not expecting Boingo Wireless to pay a dividend over the next 12 months.

Boingo Wireless share price volatility

Over the last 12 months, Boingo Wireless's shares have ranged in value from as little as $6.66 up to $15.92. A popular way to gauge a stock's volatility is its "beta".

WIFI.US volatility(beta: 1.07)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Boingo Wireless's is 1.0695. This would suggest that Boingo Wireless's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Boingo Wireless overview

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices worldwide. The company offers distributed antenna systems and small cell networks at managed and operated locations; high-speed Wi-Fi services for residential consumers on military bases and at multifamily properties; and wholesale Wi-Fi services to network operators, device manufacturers, technology companies, enterprise software and services companies, venue operators, and financial services companies, as well as retail Internet access services. It serves largest carriers, telecommunications service providers, global consumer brands, and property owners, as well as troops stationed at military bases and Internet savvy consumers. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

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