How to Buy Clearpoint Neuro Stock
Clearpoint Neuro Inc
ClearPoint Neuro, Inc. operates as a medical device company primarily in the United States.
Clearpoint Neuro stock last closed at $5.26, down 0.94% from the previous day, and has decreased 48.23% in one year. It has underperformed other stocks in the Medical Devices industry by 0.32 percentage points. Clearpoint Neuro stock is currently +29.88% from its 52-week low of $4.05, and -50.24% from its 52-week high of $10.57.
There are currently 26.98M shares of CLPT outstanding. The market value of CLPT is $141.90M. In the last 24 hours, 168,814 CLPT shares were traded.
How to Buy Clearpoint Neuro Stock
Wondering how to invest in Clearpoint Neuro stock? Here's how.
- Decide where to buy Clearpoint Neuro stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Clearpoint Neuro stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your details.
- Research Clearpoint Neuro stock: The Clearpoint Neuro ticker symbol is CLPT. Is Clearpoint Neuro stock a good investment? Should you buy shares of CLPT? How do CLPT's underlying business fundamentals look? Do top analysts think Clearpoint Neuro is a good buy? Why has CLPT's stock price moved recently? (Hint: Our stock research website can help you evaluate if CLPT is a good stock to buy).
- Make your CLPT purchase: Decide if you will purchase CLPT shares at the current market price or use a limit order to purchase CLPT stock at a given price.
- Get key alerts regarding your investment in CLPT: Create a watchlist to keep tabs on your position in Clearpoint Neuro shares.
Step 1: Decide where to buy Clearpoint Neuro stock
You will need a brokerage account in order to access the NASDAQ market and buy CLPT shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you can buy CLPT stock 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.
- Enter your personal data to create your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on one of the most highly reviewed stock apps, you need to deposit funds:
Watch the tutorial below to see the process of depositing money into your brokerage account.
Step 4: Research Clearpoint Neuro stock
Once you have chosen the best place to buy Clearpoint Neuro stock, it's absolutely critical to research their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Clearpoint Neuro Numbers
CLPT Overview
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CLPT's stock page.
What is the fair value of CLPT stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CLPT's intrinsic value.
Using relative valuations measures:
- CLPT could be overvalued based on its P/B ratio of 6.7x, relative to Medical Devices industry P/B ratio of 3.7x
You can do additional valuation analysis on CLPT's stock here.
CLPT Financials at a glance
Pros:
- CLPT has cash burn of 14771000. 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 CLPT balance sheet.
- There are more short-term assets than short-term liabilities on the CLPT balance sheet.
- Total CLPT debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- CLPT has a relatively high debt to equity ratio of 1.02.
- CLPT profit margin has gone down from -80% to -92.2% in the past year.
- CLPT has $23.14M in cash and short term investments. This is not enough to cover its annual cash burn of $14.77M.
Is Clearpoint Neuro stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who research CLPT, the consensus analyst rating on Clearpoint Neuro is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Clearpoint Neuro stock forecast page.
CLPT Trading Indicators
CLPT Performance Metrics
Last year, CLPT revenue was $23.96M. In the past 5 year, CLPT's revenue has grown by 26.64% per year. This was faster than the Medical Devices industry average of 13.26%.
Dive into CLPT's earnings and revenue performance here.
Who is buying/selling CLPT?
Over the past 12 months, insiders at CLPT have sold more shares than they have bought.
R. John Fletcher, Director of CLPT, was the latest CLPT insider to buy. They bought $5,780.00 worth of CLPT stock on Apr 1, 2024.
Dig into more about who owns CLPT shares here.
Can I get consistent income from CLPT stock?
No, Clearpoint Neuro doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your CLPT purchase
You have 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 the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and your broker will execute the order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in CLPT
Now that you own some CLPT stock, you'll want to keep up with your stock purchase.
Create a watchlist to track the most important metrics related to your CLPT stock.
CLPT Feed
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How to Buy Stock in Clearpoint Neuro
To reiterate, here are the 6 steps to buy stock in Clearpoint Neuro:
- Decide where to buy Clearpoint Neuro stock
- Sign up for a brokerage account
- Fund your investment account
- Research Clearpoint Neuro stock
- Make your CLPT purchase
- Get key alerts regarding your investment in CLPT
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Clearpoint Neuro, add CLPT to your watchlist below.
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