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How to buy Slack Technologies stock | 32.25

Own Slack Technologies stock in just a few minutes.

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Slack Technologies, Inc is a software—application business based in the US. Slack Technologies shares (WORK) are listed on the NYSE and all prices are listed in US Dollars. Slack Technologies employs 2,431 staff and has a trailing 12-month revenue of around USD$768.1 million.

How to buy shares in Slack Technologies

  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 Slack Technologies Find the stock by name or ticker symbol: WORK. 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 Slack Technologies 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$32.25, 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 Slack Technologies, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Slack Technologies. 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 Slack Technologies's share price?

Since the stock market crash in March caused by coronavirus, Slack Technologies's share price has had significant positive movement.

Its last market close was USD$32.25, which is 11.81% up on its pre-crash value of USD$28.44 and 113.58% up on the lowest point reached during the March crash when the shares fell as low as USD$15.1.

If you had bought USD$1,000 worth of Slack Technologies shares at the start of February 2020, those shares would have been worth USD$1,179.59 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$1,537.04.

Slack Technologies share price

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

Slack Technologies shares at a glance

Information last updated 2020-10-13.
Latest market closeUSD$32.25
52-week rangeUSD$15.1 - USD$40.07
50-day moving average USD$28.3743
200-day moving average USD$29.6727
Wall St. target priceUSD$30.19
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-2.558

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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 Slack Technologies 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.

Slack Technologies price performance over time

Historical closes compared with the close of $32.25 from 2020-10-19

1 week (2020-10-13) -0.52%
1 month (2020-09-18) 26.42%
3 months (2020-07-20) -3.12%
6 months (2020-04-20) 10.26%
1 year (2019-10-18) 47.87%
2 years (2018-10-16) N/A
3 years (2017-10-16) N/A
5 years (2015-10-16) N/A

Slack Technologies financials

Revenue TTM USD$768.1 million
Gross profit TTM USD$533.2 million
Return on assets TTM -10.93%
Return on equity TTM -40.14%
Profit margin -42.73%
Book value $1.333
Market capitalisation USD$18.1 billion

TTM: trailing 12 months

Shorting Slack Technologies shares

There are currently 75.3 million Slack Technologies shares held short by investors – that's known as Slack Technologies's "short interest". This figure is 30.1% up from 57.9 million last month.

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

Slack Technologies's "short interest ratio" (SIR)

Slack Technologies's "short interest ratio" (SIR) is the quantity of Slack Technologies shares currently shorted divided by the average quantity of Slack Technologies shares traded daily (recently around 21.3 million). Slack Technologies's SIR currently stands at 3.54. In other words for every 100,000 Slack Technologies shares traded daily on the market, roughly 3540 shares are currently held short.

However Slack Technologies's short interest can also be evaluated against the total number of Slack Technologies shares, or, against the total number of tradable Slack Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Slack Technologies's short interest could be expressed as 0.13% of the outstanding shares (for every 100,000 Slack Technologies shares in existence, roughly 130 shares are currently held short) or 0.1787% of the tradable shares (for every 100,000 tradable Slack Technologies shares, roughly 179 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 Slack Technologies.

Find out more about how you can short Slack Technologies stock.

Slack Technologies share dividends

We're not expecting Slack Technologies to pay a dividend over the next 12 months.

Have Slack Technologies's shares ever split?

Slack Technologies's shares were split on a 2:3 basis on 12 March 2015. So if you had owned 3 shares the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Slack Technologies shares – just the quantity. However, indirectly, the new 50% higher share price could have impacted the market appetite for Slack Technologies shares which in turn could have impacted Slack Technologies's share price.

Slack Technologies overview

Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.

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