Esports company, FaZe Clan, has gone public following the successful completion of its merger with B. Riley Principal 150 Merger Corp., a special purpose acquisitions company (SPAC). Here's what we know about the IPO and how to buy FaZe Clan stock in Canada.
FaZe (FAZE) stock summary
| Company stock name | FaZe Holdings Inc. |
| Stock ticker symbol | FAZE |
| Exchange | NASDAQ |
| Where to buy FaZe stock | Buy on CIBC Investor's Edge |
Can I buy FaZe stock in Canada?
Yes, you can buy FaZe stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the NASDAQ exchange. Platforms like Interactive Brokers will allow you to directly buy FaZe stock from within Canada.How to buy FaZe stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—FAZE.
Look up the stock using its name (FaZe Holdings Inc.) or ticker symbol (FAZE). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of FaZe stock.
Choose the number of FAZE stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy FaZe stock
FaZe stock chart (NASDAQ: FAZE)
This chart tracks FaZe stock price performance over time.FaZe stock price
We'll update this guide as more FaZe stock information becomes available.
Is FaZe stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for FaZe stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy FaZe stock on the TSX?
No, you cannot buy FaZe stock on the TSX because FaZe stock is not listed on the TSX. Instead, FaZe stock is listed on the NASDAQ under the symbol "FAZE."
That said, if you're wondering how to invest in FaZe stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to NASDAQ, like Interactive Brokers.
FaZe stock dividends
FaZe is not expected to pay a dividend over the next 12 months. We'll continue to monitor FaZe's stock information and update this guide if that changes.
FaZe stock performance metrics
Here are some common key metrics for FaZe stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
How volatile is FaZe stock?
Over the last 12 months, FaZe's stocks price has ranged from $0.00 to as high as $0.00. FaZe's beta measurement of stock volatility is -0.07. For comparison, the market () average beta is 1. This would suggest that FaZe's stocks have been inversely-correlated to the average (on this exchange)—so when the broader market trended up or down, FaZe has bucked the trend.
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of FaZe's beta stock volatility rating.
FaZe Holdings Inc. company and revenue performance
| Market Capitalization | $14.1 million |
|---|---|
| Gross profit (TTM) | $11.3 million |
| Profit margin | -94.02% |
| Revenue (TTM) | $58.1 million |
| Return on assets (TTM) | -56.72% |
| Return on equity (TTM) | -131.66% |
| Earnings per share (TTM) | -$0.12 |
| 50-day moving stock price average | $0.19 |
| 200-day moving stock price average | $0.26 |
FaZe company profile
FaZe Holdings Inc. operates lifestyle and media platform in gaming and youth culture. The company produces content, designs merchandise and consumer products, and creates advertising and sponsorship programs for brands reaching approximately 528 million fans across social platforms.
It designs and sells merchandise, apparels, and consumer products under the FaZe brand, as well as through website, www. fazeclan.com.
The company offers FaZe platform provides brands and advertisers with the ability to reach and engage with young and engaged audience base. FaZe Holdings Inc. was founded in 2010 and is headquartered in Los Angeles, California.
As of March 8, 2024, FaZe Holdings Inc. operates as a subsidiary of GameSquare Holdings, Inc..
Compare trading platforms to buy FaZe Clan stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from FaZe stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling FaZe stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about FaZe stock
Sources
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