How to Buy Augmedix Stock
Augmedix Inc
Augmedix, Inc. provides remote medical documentation solutions and live clinical support services in the United States.
Augmedix stock last closed at $2.79, down 2.11% from the previous day, and has decreased 5.42% in one year. It has overperformed other stocks in the Health Information Services industry by 0.2 percentage points. Augmedix stock is currently +6.9% from its 52-week low of $2.61, and -55.36% from its 52-week high of $6.25.
There are currently 48.74M shares of AUGX outstanding. The market cap of AUGX is $135.98M. In the past 24 hours, 244,806 AUGX shares were traded.
How to Buy Augmedix Stock
Wondering how to invest in Augmedix stock? Here's how.
- Figure out where to buy Augmedix stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Augmedix stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Research Augmedix stock: The Augmedix ticker symbol is AUGX. Is Augmedix stock a good investment? Should you buy shares of AUGX? How do AUGX's underlying business fundamentals look? Do top analysts think Augmedix is a good buy? Why has AUGX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if AUGX is a good stock to buy).
- Execute your AUGX purchase: Decide if you will purchase AUGX shares at the current market price or use a limit order to buy AUGX shares at a given price.
- Get the latest scoop on your investment in AUGX: Create a watchlist to watch your new investment in Augmedix stock.
Step 1: Figure out where to buy Augmedix stock
You will need a brokerage account in order to access the NASDAQ market and buy AUGX shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to buy AUGX stock today.
How to Create a New 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.
- Enter your personal data to open your new trading account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on app for investing, you need to deposit funds:
Check out the video below to see the process of depositing funds into your investment account.
Step 4: Research Augmedix stock
Once you have figured out the best place to buy Augmedix stock, it's crucial to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
Overview of key AUGX info
Augmedix Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on AUGX's stock page.
Is AUGX stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AUGX's true value.
Using relative valuations ratios:
- AUGX could be overvalued based on its P/B ratio of 5.83x, relative to Health Information Services industry P/B ratio of 3.36x
You can access additional valuation analysis on AUGX's stock here.
AUGX Financial Health Overview
Positive Financial Indicators:
- Total AUGX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the AUGX balance sheet.
- There are more short-term assets than long-term liabilities on the AUGX balance sheet.
- AUGX has cash burn of 18546000. It has sufficient cash and short-term investments to cover this for at least one year.
- AUGX has $46.34M in cash and short term investments. This is enough to cover its annual cash burn of $18.55M.
Negative Financial Indicators:
- AUGX profit margin has gone up by 0.36 percentage points in the past year, but the company is still unprofitable.
- AUGX has a relatively high debt to equity ratio of 1.86.
Metrics for Advanced AUGX Traders
AUGX Growth Metrics
Last year, AUGX revenue was $44.86M. In the past 5 year, AUGX's revenue has increased by 32.91% per year. This was faster than the Health Information Services industry average of 19.68%.
Dig into AUGX's earnings and revenue performance here.
Who is buying/selling AUGX?
In the last year, insiders at AUGX have sold more shares than they have bought.
Ian Shakil, CHIEF STRATEGY OFFICER of AUGX, was the latest AUGX insider to sell. They sold $1,900.00 worth of AUGX shares on Apr 15, 2024.
Dig into more about who owns AUGX shares here.
Does AUGX stock generate passive income?
No, Augmedix doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your AUGX purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in AUGX
Now that you own some AUGX shares, you'll want to keep up with your new company.
Create a watchlist to get the latest updates about your AUGX stock.
AUGX Feed
How to Buy Stock in Augmedix
To reiterate, here are the 6 steps you need to take to buy Augmedix stock right now:
- Figure out where to buy Augmedix stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Research Augmedix stock
- Execute your AUGX purchase
- Get the latest scoop on your investment in AUGX
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Augmedix, add AUGX to your watchlist by clicking the button below.
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