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How to buy Snap stock in Canada | $61
Own Snap shares in just a few minutes.
Snap is an internet content & information business based in the US. Snap stocks (SNAP.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $73.5 – a decrease of 1.8% over the previous week. Snap employs 4,667 staff and has a trailing 12-month revenue of around $3.3 billion.
How to buy Snap stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: SNAP in this case.
- Research Snap stocks. The platform should provide the latest information available.
- Buy your Snap stocks. It's that simple.
What's in this guide?
How has Coronavirus impacted Snap's stock price?
Since the stock market crash in March caused by coronavirus, Snap's stock price has had significant positive movement.
Its last market close was $61, which is 72.62% up on its pre-crash value of $16.7 and 673.13% up on the lowest point reached during the March crash when the stocks fell as low as $7.89.
If you had bought $1,000 worth of Snap stocks at the start of February 2020, those stocks would have been worth $584.15 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 $3,345.85.
Snap stock priceUse our graph to track the performance of SNAP stocks over time.
Snap stocks at a glance
|Latest market close||$61|
|52-week range||$20.61 - $77.38|
|50-day moving average||$65.1703|
|200-day moving average||$59.9832|
|Wall St. target price||$77.12|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.811|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Snap 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.
Snap price performance over time
|1 month (2021-07-02)||-10.94%|
|3 months (2021-05-04)||9.36%|
|Revenue TTM||USD$3.3 billion|
|Gross profit TTM||USD$1.3 billion|
|Return on assets TTM||-8.15%|
|Return on equity TTM||-29.46%|
|Market capitalisation||USD$120.4 billion|
TTM: trailing 12 months
How to short and sell Snap stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "SNAP.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 50.0 million Snap stocks held short by investors – that's known as Snap's "short interest". This figure is 12.9% down from 57.4 million last month.
There are a few different ways that this level of interest in shorting Snap stocks can be evaluated.
Snap's "short interest ratio" (SIR)
Snap's "short interest ratio" (SIR) is the quantity of Snap stocks currently shorted divided by the average quantity of Snap stocks traded daily (recently around 14.7 million). Snap's SIR currently stands at 3.39. In other words for every 100,000 Snap stocks traded daily on the market, roughly 3390 stocks are currently held short.
However Snap's short interest can also be evaluated against the total number of Snap stocks, or, against the total number of tradable Snap stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Snap's short interest could be expressed as 0.03% of the outstanding stocks (for every 100,000 Snap stocks in existence, roughly 30 stocks are currently held short) or 0.0424% of the tradable stocks (for every 100,000 tradable Snap stocks, roughly 42 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Snap.
Find out more about how you can short Snap stock.
Snap stock dividends
We're not expecting Snap to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Snap stock price volatility
Over the last 12 months, Snap's stocks have ranged in value from as little as $20.61 up to $77.38. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Snap's is 1.269. This would suggest that Snap's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application with functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures video from a human perspective; and advertising products, including AR and Snap ads. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
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