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How to Buy Brainsway Stock

Brainsway Ltd

Brainsway Ltd. develops and sells noninvasive neurostimulation treatments for mental health disorders in the United States, Europe, Israel, and internationally.

Brainsway stock last closed at $4.75, down 2.46% from the previous day, and has increased 202.55% in one year. It has overperformed other stocks in the Medical Devices industry by 2.21 percentage points. Brainsway stock is currently +244.2% from its 52-week low of $1.38, and -37.62% from its 52-week high of $7.62.

There are currently 33.24M BWAY shares outstanding. The market value of BWAY is $78.95M. In the past 24 hours, 52,523 BWAY shares were traded.

How to Buy Brainsway Stock

Wondering how to invest in Brainsway stock? Here's how.
  1. Choose where to buy Brainsway stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Brainsway stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Choose your payment method and add your information.
  4. Research Brainsway stock: The Brainsway ticker symbol is BWAY. Is Brainsway stock a good investment? Should you buy shares of BWAY? How do BWAY's underlying business fundamentals look? Do top analysts think Brainsway is a good buy? Why has BWAY's stock price moved recently? (Hint: Our stock market research website can help you evaluate if BWAY is a good stock to buy).
  5. Make your BWAY buy order: Decide if you will purchase BWAY shares at the current market price or use a limit order to purchase BWAY stock at a particular price.
  6. Monitor your investment in BWAY: Create a watchlist to important notifications about your position in Brainsway shares.

Step 1: Choose where to buy Brainsway stock

You need a brokerage account to access the NASDAQ market and buy BWAY shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 2: Create a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to invest in BWAY stock today.

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  2. Provide your personal details to open a new trading account.
  1. Send your application by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've created your account on our top ranked stock market app, you can securely and quickly fund your account:

Watch the video below for more details depositing money into your new investment account.

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Step 4: Research Brainsway stock

After you have decided on the best place to buy Brainsway stock, it's very important to evaluate their stock before you buy, so you actually wrap your head around the risk and opportunity.

Brainsway stock data

BWAY Price
$4.75
1w %
-9.87%
1y %
202.55%
5y %
-58.7%
P/E
-18.27x
P/B
1.9x
P/S
2.48x
PEG
N/A
Revenue
$31.79M
Earnings
-$4.20M
Fore. Rev. Growth
17.94%
Fore. Earn. Growth
N/A
Market Cap
$78.95M
Next Earnings
May 29, 2024
Next Dividend
N/A

Brainsway Fundamentals

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.

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

Is BWAY stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge BWAY's fair value.

Using relative valuations metrics:

  • BWAY may be undervalued based on its P/B ratio of 1.9x, relative to Medical Devices industry P/B ratio of 3.65x

You can access more valuation research on BWAY's stock here.

BWAY Financial Health

Signs that BWAY is financially healthy:

  • BWAY profit margin has gone up from -49.1% to -13.2% in the past year.
  • BWAY has $46.26M in cash and short term investments. This is sufficient to cover its annual cash burn of $1.10M.
  • Total BWAY debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the BWAY balance sheet.
  • There are more short-term assets than long-term liabilities on the BWAY balance sheet.
  • BWAY has cash burn of 1103000. It has sufficient cash and short-term investments to cover this for at least one year.

Signs that BWAY is not financially healthy:

  • BWAY has a relatively high debt to equity ratio of 0.51.

Do analysts think it's a good time to buy Brainsway stock

Out of 2 sell side analysts who monitor BWAY, the consensus analyst rating on Brainsway is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Brainsway stock forecast page.

BWAY Technical Indicators

SMA10
5.09
SMA20
5.24
SMA50
5.82
SMA100
6.07
SMA200
4.78
MACD
-0.26
MACD Signal
-0.23
MACD Histogram
-0.03
RSI
33.22
Stochastic %K
15.98
Stochastic %D
13.1
StochRSI %K
8.38
StochRSI %D
13.99

BWAY Earnings

Last year, BWAY revenue was $31.79M. In the past 5 year, BWAY's revenue has increased by 6.59% per year. This was slower than the Medical Devices industry average of 13.34%.

Dig into BWAY's earnings and revenue performance here.

What are BWAY insiders up to?

In the last 12 months, executives and large shareholders at BWAY have not bought or sold any shares.

Get more info about who owns BWAY stock here.

Can I rely on BWAY as an income stream?

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

BWAY Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your BWAY buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, place a limit order.

Click the Open button and eToro will execute your order.

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Step 6: Monitor your investment in BWAY

Now that you own some BWAY shares, you'll want to stay up-to-date on your investment.

Put BWAY on a watchlist to get alerted to the latest events about your BWAY stock.

BWAY Feed

How to Buy Stock in Brainsway

To summarize, here are the 6 steps to buy Brainsway stock:

  1. Choose where to buy Brainsway stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Brainsway stock
  5. Make your BWAY buy order
  6. Monitor your investment in BWAY

If you need a brokerage, eToro is our favorite option.

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 would like to keep tabs on your new investment in Brainsway, create your watchlist below.

NASDAQ: BWAY
$4.75-0.12 (-2.46%)
Updated Apr 22, 2024
Open eToro Account
NASDAQ: BWAY
$4.75-0.12 (-2.46%)
Updated Apr 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Brainsway share?

As of Apr 22, 2024, it costs $4.75 to buy one share of Brainsway stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.421 shares of BWAY.

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 Brainsway stock?

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

What is the best way to buy Brainsway stock?

One way to place an order for Brainsway 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.