How to Buy Asensus Surgical Stock
Asensus Surgical Inc
TransEnterix, Inc. , a medical device company, engages in the research, development, and sale of medical device robotics to enhance minimally invasive surgery.
Asensus Surgical stock last closed at $0.25, up 2.51% from the previous day, and has decreased 60.48% in one year. It has underperformed other stocks in the Medical Devices industry by 0.48 percentage points. Asensus Surgical stock is currently +20.1% from its 52-week low of $0.20, and -64.49% from its 52-week high of $0.69.
There are currently 271.99M shares of ASXC outstanding. The market cap of ASXC is $66.64M. In the last 24 hours, 796,843 ASXC shares were traded.
How to Buy Asensus Surgical Stock
Wondering how to invest in Asensus Surgical stock? Here's how.
- Choose where to buy Asensus Surgical stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Asensus Surgical stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your payment method and add your info.
- Evaluate Asensus Surgical stock: The Asensus Surgical ticker symbol is ASXC. Is Asensus Surgical stock a good investment? Should you buy shares of ASXC? How do ASXC's underlying business fundamentals look? Do top analysts think Asensus Surgical is a good buy? Why has ASXC's stock price moved recently? (Hint: Our stock market research website can help you figure out if ASXC is a good stock to buy).
- Place your ASXC purchase: Decide if you will purchase ASXC shares at the current market price or use a limit order to buy ASXC shares at a given price.
- Keep an eye on your ASXC position: Create a watchlist to key updates about your investment in Asensus Surgical shares.
Step 1: Choose where to buy Asensus Surgical stock
You will need a brokerage account in order to access the NYSEMKT market and buy ASXC shares.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you can invest in ASXC today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on investing apps, you need to deposit funds:
Check out the walkthrough below to see the process of depositing money into your investment account.
Step 4: Evaluate Asensus Surgical stock
After you have figured out the best place to buy Asensus Surgical stock, it's absolutely critical to research their stock before you buy, so you actually understand the risk as well as the upside.
Asensus Surgical quick stats
ASXC Zen Score
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on ASXC's stock page.
What is the fair value of ASXC stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ASXC's fair value.
Using relative valuations ratios:
- ASXC could be undervalued based on its P/B ratio of 1.99x, relative to Medical Devices industry P/B ratio of 3.68x
You can access more valuation analysis on ASXC's stock here.
ASXC Financial Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the ASXC balance sheet.
- There are more short-term assets than long-term liabilities on the ASXC balance sheet.
Failed Health Checks:
- ASXC profit margin has gone up by 1.52 percentage points in the past year, but the company is still unprofitable.
- ASXC has $22.71M in cash and short term investments. This is not enough to cover its annual cash burn of $64.19M.
- ASXC has a relatively high debt to equity ratio of 0.77.
- ASXC has cash burn of 64188000. It does not have sufficient cash and short-term investments to cover this.
- Total ASXC debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Asensus Surgical stock
Out of 1 Wall Street analysts who track ASXC, the consensus analyst rating on ASXC is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Asensus Surgical stock forecast page.
ASXC Technical Indicators
Is ASXC Growing Revenue?
Last year, ASXC revenue was $8.58M. Over the last five year, ASXC's revenue has increased by -18.67% per year. This was slower than the Medical Devices industry average of 13.04%.
Dive into ASXC's earnings and revenue performance here.
Are ASXC executives and large shareholders buying or selling the stock?
Over the past year, insiders at ASXC have sold more shares than they have bought.
Anthony C. J. Fernando, President and CEO of ASXC, was the latest ASXC insider to sell. They sold $29,857.25 worth of ASXC stock on Apr 21, 2024.
Learn more about who owns ASXC shares here.
Does ASXC provide a stable income stream?
No, Asensus Surgical doesn't provide an income stream by paying out dividends.
What do other traders have to say about ASXC?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your ASXC purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, use a limit order.
Press the Open button and your broker will execute the order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your ASXC position
Now that you own some ASXC stock, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get the latest updates about your ASXC stock.
ASXC Feed
How to Buy Stock in Asensus Surgical
To reiterate, here are the 6 steps you need to take to buy Asensus Surgical stock right now:
- Choose where to buy Asensus Surgical stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Asensus Surgical stock
- Place your ASXC purchase
- Keep an eye on your ASXC position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Asensus Surgical, get started below.
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