How to Buy Avinger Stock
Avinger Inc
Avinger, Inc. , a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and internationally.
Avinger stock last closed at $3.68, down 1.6% from the previous day, and has decreased 45.84% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.33 percentage points. Avinger stock is currently +47.2% from its 52-week low of $2.50, and -79.56% from its 52-week high of $18.00.
As of May 1, 2024, there are 1.7M shares of AVGR outstanding. The market capitalization of AVGR is $6.26M. In the past 24 hours, 3665 AVGR shares were traded.
How to Buy Avinger Stock
Not sure how to invest in Avinger stock? Here's how.
- Choose where to buy Avinger 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 Avinger stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Research Avinger stock: The Avinger ticker symbol is AVGR. Is Avinger stock a good investment? Should you buy shares of AVGR? How do AVGR's underlying business fundamentals look? Do top analysts think Avinger is a good buy? Why has AVGR's stock price moved recently? (Hint: Our stock research website can help you figure out if AVGR is a good stock to buy).
- Make your AVGR purchase: Decide if you will purchase AVGR shares at the current market price or use a limit order to buy AVGR stock at a particular price.
- Monitor your AVGR position: Create a watchlist to key updates about your investment in Avinger shares.
Step 1: Choose where to buy Avinger stock
You need an online brokerage account to access the NASDAQ market and buy AVGR shares.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you can buy AVGR today.
How to Open 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.
- Input your personal data to create a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on one of the best stock trading apps, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing money into your brokerage account.
Step 4: Research Avinger stock
After you have chosen the best place to buy Avinger stock, it's very important to research their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Overview of key AVGR info
AVGR Zen Score
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on AVGR's stock page.
What is the fair value of AVGR stock?
You can use many financial metrics, analyses, models, and charts to gauge AVGR's intrinsic value.
You can access more valuation analysis on AVGR's stock here.
AVGR Financial Health Summary
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the AVGR balance sheet.
Failed Health Checks:
- There are more short-term liabilities than short-term assets on the AVGR balance sheet.
- Total AVGR debt is still negative.
- AVGR has $5.28M in cash and short term investments. This is not enough to cover its annual cash burn of $14.44M.
- AVGR profit margin has gone up by 0.9 percentage points in the past year, but the company is still unprofitable.
- AVGR has cash burn of 14440000. It does not have sufficient cash and short-term investments to cover this.
- AVGR debt to equity ratio of -3.22 is negative.
Is AVGR stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who research AVGR, the consensus analyst rating on AVGR is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Avinger stock forecast page.
AVGR Technicals
How is AVGR performing as a company?
Last year, AVGR revenue was $7.65M. In the past 5 year, AVGR's revenue has grown by -0.67% per year. This was slower than the Medical Instruments & Supplies industry average of 9.42%.
You can research AVGR's earnings and revenue performance here.
What are AVGR executives and large shareholders up to?
In the last 12 months, insiders at AVGR have sold more shares than they have bought.
Himanshu Patel, Chief Technology Officer of AVGR, was the latest AVGR insider to sell. They sold $67,078.60 worth of AVGR stock on Jan 18, 2024.
Research more about who owns AVGR stock here.
Can I rely on AVGR as an income stream?
No, Avinger doesn't provide an income stream by paying out dividends.
What others are saying about AVGR
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your AVGR purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you 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, use a limit order.
Hit the Open button and your broker will place the order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your AVGR position
Now that you own some AVGR shares, you'll want to stay up-to-date on your new company.
Start a watchlist to track your AVGR stock.
AVGR Feed
How to Buy Stock in Avinger
To reiterate, here are the 6 steps to buy stock in Avinger:
- Choose where to buy Avinger stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Avinger stock
- Make your AVGR purchase
- Monitor your AVGR position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Avinger, click below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.