Founded in 1983 by Nerio Alessandri, Technogym is the Italian company that best represents the dream of every entrepreneur.
At the beginning of the 80s, the technological machines that we have available in all gyms did not yet exist, athletes could barely use a simple bench and some dumbbells.
The founder of Technogym, sensed that the sport practiced in the gym would spread more and more until it became one of the most practiced hobbies. So he decided to start this company which, over the years, has completely transformed the concept of gym.
Technogym is in fact specialized in the design and production of fitness equipment for individuals, companies, hotels, fitness centers and medical offices. Among the most famous tools we certainly cannot forget the treadmill and the exercise bike.
Technogym shares today
Technogym, is the company that completely revolutionized the world of fitness all made in Italy and was listed on the stock exchange in Piazza Affari for the first time only in 2016.
Today Technogym has more than 2000 employees worldwide and can boast a truly huge turnover that mainly involves Europe, but also North America, Africa and the Middle East.
Over the years, she has worked hard to keep her turnover high and has managed to conquer the title of leader in the sector, surpassing even the most fierce competitors. Today he collaborates with the most prestigious Italian football clubs (Juventus, Inter, Milan and the Italian national football team) and abroad (Chelsea and Paris Saint Germain), he is also the official supplier of the World Olympics.
If you are also thinking of including this made in Italy company in your share portfolio, continue reading our article and we will analyze together all the results obtained and the information related to the stock market in which it operates.
NOTICE: Although these stocks are not available at the moment, you can invest in many other stocks on eToro.
How to buy Technogym shares
Anyone who chooses to buy Technogym shares can take advantage of different methods to start investing in this company. The most common method is undoubtedly to rely on your trusted banking institution, but this solution also has numerous advantages that could affect your investment.
The bank has limited equity securities and this could affect your investment choices, the account management fees you will have to open and the commission costs required are decidedly high and furthermore, it does not allow you to buy or sell the equity securities in quickly making you miss many opportunities.
Thanks to the development of the internet and new technologies, investors can now take advantage of an alternative solution to buy Technogym shares.
The online trading platforms allow you to move in the world of the financial market in an easy way and make your investments in complete safety. There are many sponsored platforms on the net but, without a doubt, the most appreciated by investors remains eToro.
The advantages of using eToro to buy Technogym shares
eToro is the most popular online trading broker platform in recent years. Founded in 2007, it quickly spread among investors and today boasts about 10 million users. eToro offers its investors many tools that allow you to move easily in the complex world of the stock market and constantly monitor your stock portfolio. Let's see together what are the advantages offered by this portal:
- Simple and clear interface that will help even novice users to enter this unpredictable financial world.
- It does not include any type of commission to trade Technogym shares in real time.
- A minimum investment of only 200 euros is required.
- It allows direct access to the market which will allow you to directly purchase the shares that interest you most without having to go through complex share contracts.
- Thanks to the Social Trading and Copy trading functions you can interact with the most experienced traders in the sector to receive advice, imitate their stock portfolio and identify the financial strategy that best suits you.
All these features are highly appreciated by the numerous investors who rely on eToro every day to trade. The platform is highly recommended both for those who want to work closely and for those who prefer to keep their actions for a longer period of time.
Buy Technogym shares on eToro
Through this respectable and safe broker platform you can do many things like, for example, buying or selling shares and exchanging cryptocurrencies. To start your adventure in the world of online trading, simply follow these simple steps:
Open a new account
The first thing to do is to register on the website, you will have to access the home page, click on the "register" link and fill in the form that is proposed to you with your personal data. Remember that to continue using your account you will need to verify your identity by sending your valid identification document within 30 days from the time of registration, a mandatory step for all users by law.
To start trading you will need to deposit the capital you want to invest on the online platform's financial account. Choose the amount to deposit and select the payment method you prefer. The platform accepts different payment methods such as credit cards from the main circuits, expensive and old-fashioned bank transfers and little-known electronic wallets. As already specified, the minimum expected investment is only 200 euros.
Choose the trading mode
Once you have finished registering with the portal and after depositing the capital to invest, you can start testing your knowledge in the financial field in the demo mode without putting your money at risk. This mode is designed both for less experienced users and for all those who approach for the first time when the new world of online trading.
All expert users and those who want to start investing their capital right away will simply have to select the live mode with a simple click.
Technogym stock chart and buy stocks on eToro
After following our little eToro guide, you are ready to make your first investment. Once logged in you will have to write the word Technogym in the search bar and press enter.
This will open the home page of the company from where you can consult the statistics, graphs and monitor the progress of your investment.
From here you will only have to decide the amount to invest in Technogym shares and set the financial leverage you want to use. To protect the money you decide to invest, we remind you that it is essential but not mandatory to set the stop loss and take profit values.
Technogym shares trend and Technogym shares technical analysis
If we take into consideration all the data and details that monitor the progress of Technogym actions in recent years, with the support of expert consultants we can carry out a small technical analysis. This will allow us to understand if it is a good or a bad investment.
Initially, the company was not very successful among investors on the Italian stock exchange. The price of a single Technogym share remained around 4 euros until the spring of 2017. From here a sudden growth began for the company's shares, which saw the value of each single share rise.
In fact, the value of the shares exceeded 8 euros in 2018, 10 euros in 2019 and then stabilized around 11 euros during this year. 2018 also proved to be an important year for the increase in revenues and operating margins for Technogym.
Its turnover went from 587 to 650 million euros, revenues increased by 15% in Italy, 10% in the rest of Europe, 17% in North America and 16% in Asia and in the Middle Orient.
It pays to invest in Technogym shares
When choosing to invest in a company, you must try to know it in depth, analyze its financial path and take into consideration the sector in which it operates. To answer this question, therefore, we must examine what Technogym's strengths are. Let's see them together:
- Important partnerships. Fundamental as they allow the company to ensure visibility and lay the foundations for solid alliances also in the future.
- Consumer satisfaction. It is the main objective of the company, with its foresight it has always tried to identify and satisfy the requests and needs of its customers.
- Latest generation software and tools. These are the main features that distinguish the machines supplied by this made in Italy company. These tools allow you to develop completely innovative equipment to provide excellent service to your users.
Technogym, over the years, has worked hard to become a leader in the fitness and leisure sector. Nonetheless, it still faces numerous competing companies.
The main ones include Life Fitness and Precor, US companies both specialized in the production and distribution of sports equipment.
Taking into consideration these details and the data on the performance of its shares on the stock exchange, we can say that the company will still see a period of serene and stable growth for a long time which therefore make the risk of the share rather low.
We have seen who Technogym is, in which sector it operates and what position it occupies in the world leisure market. After careful analysis we can say that it is currently a solid company in constant growth.
Its future will depend entirely on the acquisitions it will conclude over the years and on the partnerships it will be able to enter into on the world market. When it comes to investing your capital you must always be very careful and move with caution.
Using reliable online trading platforms will be very helpful. In a short time you will be able to understand how to orient yourself in the world of the financial market and thanks to the tools available you can increase your profits.