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How to Buy Biolase Stock

Biolase Inc

BIOLASE, Inc. , together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally.

Biolase stock last closed at $0.15, up 0.68% from the previous day, and has decreased 99.44% in one year. It has underperformed other stocks in the Medical Devices industry by 0.83 percentage points. Biolase stock is currently +18.4% from its 52-week low of $0.13, and -99.56% from its 52-week high of $33.44.

At the moment, there are 32.52M shares of BIOL outstanding. The market capitalization of BIOL is $4.81M. In the last 24 hours, 587,882 BIOL shares were traded.

How to Buy Biolase Stock

Not sure how to invest in Biolase stock? Here's how.
  1. Decide where to buy Biolase stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Biolase stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your method of payment and add your information.
  4. Evaluate Biolase stock: The Biolase ticker symbol is BIOL. Is Biolase stock a good investment? Should you buy shares of BIOL? How do BIOL's underlying business fundamentals look? Do top analysts think Biolase is a good buy? Why has BIOL's stock price moved recently? (Hint: Our stock research website can help you figure out if BIOL is a good stock to buy).
  5. Execute your BIOL purchase: Decide if you will purchase BIOL shares at the current market price or use a limit order to purchase BIOL stock at a given price.
  6. Keep tabs on your BIOL position: Create a watchlist to the latest updates on your position in Biolase shares.

Step 1: Decide where to buy Biolase stock

You need an online brokerage account to access the NASDAQ market and buy BIOL shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 2: Create a brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to buy BIOL today.

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  2. Provide your personal details to start a new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have opened your account on the best stock app for beginners, you need to deposit funds:

Watch the tutorial below for more details depositing money into your brokerage account.

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Step 4: Evaluate Biolase stock

Once you have chosen the best place to buy Biolase stock, it's very important to analyze their stock before you buy, so you truly comprehend the risk as well as the upside.

Biolase Metrics

BIOL Price
$0.15
1w %
-0.67%
1y %
-99.44%
5y %
-100%
P/E
-0.01x
P/B
-19.49x
P/S
0x
PEG
N/A
Revenue
$49.16M
Earnings
-$37.62M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$4.81M
Next Earnings
May 9, 2024
Next Dividend
N/A

Fundamentals of BIOL

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on BIOL's stock page.

How is BIOL stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BIOL's intrinsic value.

You can access additional valuation research on BIOL's stock here.

BIOL Financial Summary

Signs that BIOL is financially healthy:

  • There are more short-term assets than short-term liabilities on the BIOL balance sheet.
  • There are more short-term assets than long-term liabilities on the BIOL balance sheet.

Signs that BIOL is not financially healthy:

  • BIOL debt to equity ratio of -134.19 is negative.
  • Total BIOL debt is still negative.
  • BIOL profit margin has gone down from -59.5% to -76.5% in the past year.
  • BIOL has $6.57M in cash and short term investments. This is not enough to cover its annual cash burn of $15.22M.
  • BIOL has cash burn of 15220000. It does not have sufficient cash and short-term investments to cover this.

Is BIOL stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Equities analysts who research BIOL, the consensus analyst rating on Biolase 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 Biolase stock forecast page.

BIOL Technicals

SMA10
0.15
SMA20
0.16
SMA50
0.18
SMA100
0.62
SMA200
2.24
MACD
-0.02
MACD Signal
-0.03
MACD Histogram
0
RSI
39.31
Stochastic %K
13.75
Stochastic %D
8.78
StochRSI %K
33.15
StochRSI %D
17.65

Is BIOL Growing Revenue?

Last year, BIOL revenue was $49.16M. Over the past five year, BIOL's revenue has increased by 1.27% per year. This was slower than the Medical Devices industry average of 13.47%.

Find out more about BIOL's earnings and revenue performance here.

Are BIOL insiders buying or selling the stock?

In the last year, insiders at BIOL have not bought or sold any shares.

Get more info about who owns BIOL shares here.

Can I rely on BIOL as an income stream?

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

What do other traders have to say about BIOL?

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your BIOL 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 available price.
    Market orders are usually fine.
  • 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 given price limit, place a limit order.

Click the Open button and eToro will execute your order.

If you need more info about buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Keep tabs on your BIOL position

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

Make a watchlist to track your BIOL stock.

BIOL Feed

How to Buy Stock in Biolase

To reiterate, here are the 6 steps to buy Biolase stock:

  1. Decide where to buy Biolase stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Evaluate Biolase stock
  5. Execute your BIOL purchase
  6. Keep tabs on your BIOL position

If you need a brokerage, eToro is our recommended venue.

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.

If you want to keep tabs on your investment in Biolase, click below.

NASDAQ: BIOL
$0.15+0.00 (+0.68%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: BIOL
$0.15+0.00 (+0.68%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Biolase share?

As of Apr 18, 2024, it costs $0.15 to buy one share of Biolase stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.07, you can buy 0.5 shares of BIOL.

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.

Is now a good time to buy Biolase stock?

According to 2 Wall Street analysts who monitor Biolase, their consensus recommendation is to buy Biolase stock.

What is the best way to buy Biolase stock?

One way to place an order for Biolase 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.