How to Buy Caremax Stock
Caremax Inc
CareMax, Inc. provides medical services through physicians and health care professionals.
Caremax stock last closed at $3.26, down 6.59% from the previous day, and has decreased 95.43% in one year. It has underperformed other stocks in the Health Information Services industry by 0.68 percentage points. Caremax stock is currently +45.86% from its 52-week low of $2.24, and -97.41% from its 52-week high of $126.00.
As of Apr 24, 2024, there are 3.8M shares of CMAX outstanding. The market capitalization of CMAX is $12.40M. In the past 24 hours, 175,525 CMAX shares were traded.
How to Buy Caremax Stock
Not sure how to invest in Caremax stock? Here's how.
- Choose where to buy Caremax stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Caremax stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Research Caremax stock: The Caremax ticker symbol is CMAX. Is Caremax stock a good investment? Should you buy shares of CMAX? How do CMAX's underlying business fundamentals look? Do top analysts think Caremax is a good buy? Why has CMAX's stock price moved recently? (Hint: Our stock market research website can help you understand if CMAX is a good stock to buy).
- Execute your CMAX buy order: Decide if you will purchase CMAX shares at the current market price or use a limit order to purchase CMAX stock at a given price.
- Track your CMAX position: Create a watchlist to monitor your position in Caremax stock.
Step 1: Choose where to buy Caremax stock
You need an online brokerage account in order to access the NASDAQ market and buy CMAX shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to invest in CMAX today.
How to Open 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.
- Input your personal data to open your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on the best stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing funds into your new investment account.
Step 4: Research Caremax stock
After you have selected the best place to buy Caremax stock, it's very important to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.
Caremax stock data
Caremax Overview
WallStreetZen was created to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on CMAX's stock page.
Is CMAX stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CMAX's fair value.
Using relative valuations metrics:
- CMAX could be undervalued based on its P/B ratio of 0.2x, relative to Health Information Services industry P/B ratio of 3.39x
You can access additional valuation analysis on CMAX's stock here.
CMAX Financial Summary
Positive Health Checks:
- CMAX has $65.53M in cash and short term investments. This is sufficient to cover its annual cash burn of $61.52M.
- CMAX has cash burn of 61524000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the CMAX balance sheet.
Negative Health Checks:
- CMAX profit margin has gone down from -6% to -91% in the past year.
- There are more short-term liabilities than short-term assets on the CMAX balance sheet.
- CMAX has a relatively high debt to equity ratio of 9.14.
Is CMAX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who monitor CMAX, the consensus analyst rating on CMAX is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Caremax stock forecast page.
CMAX Trading Indicators
Is CMAX Making Money?
Last year, CMAX revenue was $751.10M. During the past four year, CMAX's revenue has grown by 69.68% per year. This was faster than the Health Information Services industry average of 19.73%.
You can research CMAX's earnings and revenue performance here.
What are CMAX executives and large shareholders up to?
Over the past year, executives and large shareholders at CMAX have not bought or sold any shares.
Dig into more about who owns CMAX shares here.
Can I get consistent income from CMAX stock?
No, Caremax doesn't provide an income stream by paying out dividends.
What do other traders have to say about CMAX?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your CMAX buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, use a limit order.
Press the Open button and your broker will execute your order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Track your CMAX position
Now that you own some CMAX stock, you'll want to stay up-to-date on your company.
Make a watchlist to keep tabs on your CMAX stock.
CMAX Feed
How to Buy Stock in Caremax
To reiterate, here are the 6 steps to buy stock in Caremax:
- Choose where to buy Caremax stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Caremax stock
- Execute your CMAX buy order
- Track your CMAX position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your investment in Caremax, create a watchlist today.
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