How to Buy Cytosorbents Stock
Cytosorbents Corp
Cytosorbents Corporation engages in the research, development, and commercialization of medical devices with its blood purification technology platform incorporating a proprietary adsorbent and porous polymer technology.
Cytosorbents stock last closed at $0.82, up 1.24% from the previous day, and has decreased 66.71% in one year. It has underperformed other stocks in the Medical Devices industry by 0.51 percentage points. Cytosorbents stock is currently +4.73% from its 52-week low of $0.78, and -80.91% from its 52-week high of $4.29.
There are currently 54.29M CTSO shares outstanding. The market capitalization of CTSO is $44.47M. In the last 24 hours, 96,004 CTSO shares were traded.
How to Buy Cytosorbents Stock
Wondering how to invest in Cytosorbents stock? Here's how.
- Figure out where to buy Cytosorbents stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Cytosorbents stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- Analyze Cytosorbents stock: The Cytosorbents ticker symbol is CTSO. Is Cytosorbents stock a good investment? Should you buy shares of CTSO? How do CTSO's underlying business fundamentals look? Do top analysts think Cytosorbents is a good buy? Why has CTSO's stock price moved recently? (Hint: Our stock market research website can help you understand if CTSO is a good stock to buy).
- Place your CTSO buy order: Decide if you will purchase CTSO shares at the current market price or use a limit order to buy CTSO shares at a particular price.
- Monitor your CTSO investment: Create a watchlist to watch your new investment in Cytosorbents shares.
Step 1: Figure out where to buy Cytosorbents stock
You need a brokerage account to access the NASDAQ market and buy CTSO shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in CTSO 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.
- Provide your personal data to open a new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on the stock trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Analyze Cytosorbents stock
After you have figured out the best place to buy Cytosorbents stock, it's absolutely critical to evaluate their stock prior to buying, so you truly understand the risk as well as the opportunity.
Cytosorbents Metrics
Fundamentals of CTSO
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CTSO's stock page.
What is the fair value of CTSO stock?
You can use many financial metrics, analyses, models, and charts to gauge CTSO's fair value.
Using relative valuations methods:
- CTSO may be undervalued based on its P/B ratio of 1.91x, relative to Medical Devices industry P/B ratio of 3.7x
You can access additional valuation analysis on CTSO's stock here.
Is CTSO a healthy company?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the CTSO balance sheet.
- There are more short-term assets than long-term liabilities on the CTSO balance sheet.
Negative Health Checks:
- Total CTSO debt is higher than 5 years ago, relative to shareholder equity.
- CTSO has a relatively high debt to equity ratio of 1.29.
- CTSO has cash burn of 22193251. It does not have sufficient cash and short-term investments to cover this.
- CTSO profit margin has gone up by 0.16 percentage points in the past year, but the company is still unprofitable.
- CTSO has $15.62M in cash and short term investments. This is not sufficient to cover its annual cash burn of $22.19M.
Is it a good time to buy CTSO stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who give ratings on CTSO, the consensus analyst rating on Cytosorbents is a Hold
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Cytosorbents stock forecast page.
CTSO Momentum
CTSO Growth Metrics
Last year, CTSO revenue was $36.35M. During the last 5 year, CTSO's revenue has grown by 10.06% per year. This was slower than the Medical Devices industry average of 13.26%.
Dig into CTSO's earnings and revenue performance here.
What are CTSO executives and large shareholders up to?
Over the last year, insiders at CTSO have bought more shares than they have sold.
Michael G. Bator, Director of CTSO, was the latest CTSO insider to buy. They bought $50,000.02 worth of CTSO shares on Dec 13, 2023.
Get more info about who owns CTSO stock here.
Does CTSO provide a stable income stream?
No, Cytosorbents doesn't provide an income stream by paying out dividends.
What others are saying about CTSO
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your CTSO buy order
You have two main options:
- 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 enables you to buy or sell a stock 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 eToro will place the order.
If you need additional help investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your CTSO investment
Now that you own some shares in CTSO, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to monitor your CTSO stock.
CTSO Feed
How to Buy Stock in Cytosorbents
To reiterate, here are the 6 steps to buy stock in Cytosorbents:
- Figure out where to buy Cytosorbents stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Cytosorbents stock
- Place your CTSO buy order
- Monitor your CTSO investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Cytosorbents, add CTSO to your watchlist by clicking the button below.
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