Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Edison Nation stock | 1.6

Own Edison Nation stock in just a few minutes.

Posted

Fact checked

Edison Nation, Inc is a leisure business based in the US. Edison Nation shares (EDNT) are listed on the NASDAQ and all prices are listed in US Dollars. Edison Nation employs 49 staff and has a trailing 12-month revenue of around USD$18.5 million.

How to buy shares in Edison Nation

  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 Edison Nation. Find the stock by name or ticker symbol: EDNT. 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 Edison Nation 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$1.6, 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 Edison Nation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Edison Nation. 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 Edison Nation's share price?

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

Its last market close was USD$1.6, which is 37.25% down on its pre-crash value of USD$2.55 and 2.56% up on the lowest point reached during the March crash when the shares fell as low as USD$1.56.

If you had bought USD$1,000 worth of Edison Nation shares at the start of February 2020, those shares would have been worth USD$928.88 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$711.10.

Edison Nation share price

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

Edison Nation shares at a glance

Information last updated 2020-10-19.
Latest market close USD$1.6
52-week range USD$1.32 - USD$4.205
50-day moving average USD$1.8249
200-day moving average USD$2.4822
Wall St. target price N/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-1.177

Buy Edison Nation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

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 Edison Nation 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.

Edison Nation price performance over time

Historical closes compared with the close of $1.6 from 2020-11-16

1 week (2020-11-18) 7.38%
1 month (2020-10-23) -7.51%
3 months (2020-08-25) -32.49%
6 months (2020-05-22) -31.33%
1 year (2019-11-25) -14.89%
2 years (2018-11-23) -73.38%
3 years (2017-11-22) N/A
5 years (2015-11-22) N/A

Edison Nation financials

Revenue TTM USD$18.5 million
Gross profit TTM USD$6.8 million
Return on assets TTM -22.65%
Return on equity TTM -93.59%
Profit margin -54.76%
Book value $1.244
Market capitalisation USD$23.1 million

TTM: trailing 12 months

Shorting Edison Nation shares

There are currently 17,351 Edison Nation shares held short by investors – that's known as Edison Nation's "short interest". This figure is 11.5% down from 19,600 last month.

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

Edison Nation's "short interest ratio" (SIR)

Edison Nation's "short interest ratio" (SIR) is the quantity of Edison Nation shares currently shorted divided by the average quantity of Edison Nation shares traded daily (recently around 192788.88888889). Edison Nation's SIR currently stands at 0.09. In other words for every 100,000 Edison Nation shares traded daily on the market, roughly 90 shares are currently held short.

However Edison Nation's short interest can also be evaluated against the total number of Edison Nation shares, or, against the total number of tradable Edison Nation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Edison Nation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Edison Nation shares in existence, roughly 0 shares are currently held short) or 0.0016% of the tradable shares (for every 100,000 tradable Edison Nation shares, roughly 2 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Edison Nation.

Find out more about how you can short Edison Nation stock.

Edison Nation share dividends

We're not expecting Edison Nation to pay a dividend over the next 12 months.

Edison Nation share price volatility

Over the last 12 months, Edison Nation's shares have ranged in value from as little as $1.32 up to $4.205. A popular way to gauge a stock's volatility is its "beta".

EDNT.US volatility(beta: 0.77)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 Edison Nation's is 0.7662. This would suggest that Edison Nation's shares are less volatile than average (for this exchange).

Edison Nation overview

Edison Nation, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company in North America, the Asia Pacific, and Europe. The company manufactures and sells children's sleep products under the Cloud b brand name through its e-commerce site, online retailers, specialty boutiques, gift stores, and retailers, as well as other products under the Pirasta, Uber Mom, Best Party Concepts, Lily and Grey, Sol and Salud, Trillion Trees, Eco Quest, Smarter Specs, Barkley Lane, and Ngenious Fun brands. It also operates web-enabled platform; and offers shipping services. The company was formerly known as Xspand Products Lab, Inc. and changed its name to Edison Nation, Inc. in September 2018. Edison Nation, Inc. was incorporated in 2017 and is based in Bethlehem, Pennsylvania.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site