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How to Buy 908 Devices Stock

908 Devices Inc

908 Devices Inc. , a commercial-stage technology company, provides various purpose-built handheld and desktop mass spectrometry (Mass Spec) devices to interrogate unknown and invisible materials in life sciences research, bioprocessing, industrial biotech, forensics, and adjacent markets.

908 Devices stock last closed at $6.95, up 5.3% from the previous day, and has decreased 15.66% in one year. It has underperformed other stocks in the Medical Devices industry by 0.1 percentage points. 908 Devices stock is currently +43.3% from its 52-week low of $4.85, and -44.44% from its 52-week high of $12.51.

There are currently 32.91M MASS shares outstanding. The market value of MASS is $228.72M. In the last 24 hours, 188,703 MASS shares were traded.

How to Buy 908 Devices Stock

Wondering how to invest in 908 Devices stock? Here's how.
  1. Choose where to buy 908 Devices stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy 908 Devices stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Research 908 Devices stock: The 908 Devices ticker symbol is MASS. Is 908 Devices stock a good investment? Should you buy shares of MASS? How do MASS's underlying business fundamentals look? Do top analysts think 908 Devices is a good buy? Why has MASS's stock price moved recently? (Hint: Our stock market analysis website can help you understand if MASS is a good stock to buy).
  5. Execute your MASS purchase: Decide if you will purchase MASS shares at the current market price or use a limit order to buy MASS shares at a specific price.
  6. Keep an eye on your MASS position: Create a watchlist to important updates regarding your position in 908 Devices stock.

Step 1: Choose where to buy 908 Devices stock

You will need an online brokerage account to access the NASDAQ market and buy MASS stock.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you can buy MASS stock today.

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Step 4: Research 908 Devices stock

Once you have chosen the best place to buy 908 Devices stock, it's crucial to analyze their stock before you buy, so you can comprehend the risk and upside.

908 Devices Metrics

MASS Price
$6.95
1w %
0.14%
1y %
-15.66%
5y %
N/A
P/E
-6.15x
P/B
1.38x
P/S
4.46x
PEG
N/A
Revenue
$50.23M
Earnings
-$36.40M
Fore. Rev. Growth
5.62%
Fore. Earn. Growth
N/A
Market Cap
$228.72M
Next Earnings
May 7, 2024
Next Dividend
N/A

MASS Zen Score

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on MASS's stock page.

Is MASS stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge MASS's intrinsic value.

Using relative valuations measures:

  • MASS may be undervalued based on its P/B ratio of 1.38x, relative to Medical Devices industry P/B ratio of 4.1x

You can access more valuation research on MASS's stock here.

A quick look at MASS Financials

Pros:

  • MASS has $145.68M in cash and short term investments. This is sufficient to cover its annual cash burn of $27.10M.
  • Total MASS debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the MASS balance sheet.
  • There are more short-term assets than short-term liabilities on the MASS balance sheet.
  • MASS has cash burn of 27104000. It has sufficient cash and short-term investments to cover this for at least one year.
  • MASS has a low debt to equity ratio of 0.23.

Cons:

  • MASS profit margin has gone down from -71.6% to -72.5% in the past year.

You can dive deeper into what analysts are saying on the 908 Devices stock forecast page.

MASS Technicals

SMA10
6.75
SMA20
6.91
SMA50
7.19
SMA100
7.42
SMA200
7.12
MACD
-0.15
MACD Signal
-0.16
MACD Histogram
0.01
RSI
49.5
Stochastic %K
31.49
Stochastic %D
27.35
StochRSI %K
42.93
StochRSI %D
36.43

How are MASS Revenues/Earnings doing?

Last year, MASS revenue was $50.23M. Over the last 5 year, MASS's revenue has increased by 17.89% per year. This was faster than the Medical Devices industry average of 13.08%.

Dig into MASS's earnings and revenue performance here.

Are MASS insiders buying or selling the stock?

In the last year, executives and large shareholders at MASS have sold more shares than they have bought.

Joseph H. Griffith Iv, Chief Financial Officer of MASS, was the latest MASS insider to buy. They bought $13,330.46 worth of MASS shares on Mar 26, 2024.

Dig into more about who owns MASS shares here.

Does MASS provide a stable income stream?

No, 908 Devices doesn't provide an income stream by paying out dividends.

What do other investors have to say about MASS?

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Step 5: Execute your MASS purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

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Step 6: Keep an eye on your MASS position

Now that you own some shares in MASS, you'll want to keep up with your shares.

Create a watchlist to get notified of the latest news about your MASS stock.

MASS Feed

How to Buy Stock in 908 Devices

To reiterate, here are the 6 steps for buying 908 Devices stock:

  1. Choose where to buy 908 Devices stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Research 908 Devices stock
  5. Execute your MASS purchase
  6. Keep an eye on your MASS position

If you require a brokerage account, eToro is our favorite option.

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If you would like to track your new investment in 908 Devices, click below.

NASDAQ: MASS
$6.95+0.35 (+5.3%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: MASS
$6.95+0.35 (+5.3%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one 908 Devices share?

As of Mar 27, 2024, it costs $6.95 to buy one share of 908 Devices stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.432 shares of MASS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy 908 Devices stock?

One way to place an order for 908 Devices stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.