How to Buy Avita Medical Stock
Avita Medical Inc
AVITA Medical Inc. operates as a commercial-stage regenerative tissue company in the United States, Australia, and the United Kingdom.
Avita Medical stock last closed at $8.55, down 1.04% from the previous day, and has decreased 40.13% in one year. It has underperformed other stocks in the Medical Devices industry by 0.22 percentage points. Avita Medical stock is currently +1.06% from its 52-week low of $8.46, and -60.61% from its 52-week high of $21.70.
At the moment, there are 25.71M shares of RCEL outstanding. The market cap of RCEL is $219.79M. In the last 24 hours, 554,828 RCEL shares were traded.
How to Buy Avita Medical Stock
Wondering how to invest in Avita Medical stock? Here's how.
- Figure out where to buy Avita Medical stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Avita Medical stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your method of payment and add your info.
- Evaluate Avita Medical stock: The Avita Medical ticker symbol is RCEL. Is Avita Medical stock a good investment? Should you buy shares of RCEL? How do RCEL's underlying business fundamentals look? Do top analysts think Avita Medical is a good buy? Why has RCEL's stock price moved recently? (Hint: Our stock research website can help you understand if RCEL is a good stock to buy).
- Make your RCEL trade: Decide if you will purchase RCEL shares at the current market price or use a limit order to buy RCEL stock at a given price.
- Get updates on your RCEL position: Create a watchlist to the latest updates on your position in Avita Medical shares.
Step 1: Figure out where to buy Avita Medical stock
You need an online brokerage account to access the NASDAQ market and buy RCEL shares.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy RCEL stock today.
How to Start 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.
- Provide your personal details to open your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the stocks app, you need to deposit funds:
Check out the video below for more details depositing funds into your new investment account.
Step 4: Evaluate Avita Medical stock
After you have identified the best place to buy Avita Medical stock, it's very important to evaluate their stock before you invest, so you can wrap your head around the risk and upside.
Avita Medical stock at a glance
Fundamentals of Avita Medical
WallStreetZen was built to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on RCEL's stock page.
What is the fair value of RCEL stock?
Investors use many financial metrics, analyses, models, and charts to gauge RCEL's intrinsic value.
Using relative valuations metrics:
- RCEL could be overvalued based on its P/B ratio of 4.48x, relative to Medical Devices industry P/B ratio of 3.65x
You can access more valuation analysis on RCEL's stock here.
A quick look at RCEL Financials
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the RCEL balance sheet.
- RCEL has cash burn of 39392000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the RCEL balance sheet.
- RCEL has $89.06M in cash and short term investments. This is enough to cover its annual cash burn of $39.39M.
Negative Health Checks:
- RCEL profit margin has gone up by 0.02 percentage points in the past year, but the company is still unprofitable.
- RCEL has a relatively high debt to equity ratio of 1.26.
Do Wall Street analysts think it's a good time to buy RCEL stock
Out of 2 Wall Street analysts who give recommendations on RCEL, the consensus analyst rating on RCEL is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Avita Medical stock forecast page.
RCEL Momentum
RCEL Earnings
Last year, RCEL revenue was $51.57M. In the last 4 year, RCEL's revenue has increased by 32.54% per year. This was faster than the Medical Devices industry average of 13.34%.
You can analyze RCEL's earnings and revenue performance here.
Who is buying/selling RCEL?
Over the last 12 months, insiders at RCEL have bought more shares than they have sold.
David D. Otoole, CFO of RCEL, was the latest RCEL insider to buy. They bought $4,357.50 worth of RCEL shares on Feb 28, 2024.
Research more about who owns RCEL stock here.
Does RCEL provide a stable income stream?
No, Avita Medical doesn't provide an income stream by paying out dividends.
What do other traders have to say about RCEL?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your RCEL trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Press the Open button and your broker will execute your order.
If you require additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your RCEL position
Now that you own some RCEL shares, you'll want to stay up-to-date on your shares.
Create a watchlist to keep track of your RCEL stock.
RCEL Feed
How to Buy Stock in Avita Medical
To summarize, here are the 6 steps you need to take to buy Avita Medical stock right now:
- Figure out where to buy Avita Medical stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Avita Medical stock
- Make your RCEL trade
- Get updates on your RCEL position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your new investment in Avita Medical, add RCEL to your watchlist below.
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