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How to Buy Envveno Medical Stock

Envveno Medical Corp

enVVeno Medical Corporation, a medical device company, focuses on the development of various bioprosthetic tissue-based solutions to enhance the standard of care in the treatment of venous diseases.

Envveno Medical stock last closed at $5.30, up 1.53% from the previous day, and has increased 33.17% in one year. It has overperformed other stocks in the Medical Devices industry by 0.5 percentage points. Envveno Medical stock is currently +111.16% from its 52-week low of $2.51, and -23.96% from its 52-week high of $6.97.

As of Apr 30, 2024, there are 13.32M shares of NVNO outstanding. The market value of NVNO is $70.58M. In the last 24 hours, 14,792 NVNO shares were traded.

How to Buy Envveno Medical Stock

Wondering how to invest in Envveno Medical stock? Here's how.
  1. Figure out where to buy Envveno Medical stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Envveno Medical stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your method of payment and add your info.
  4. Research Envveno Medical stock: The Envveno Medical ticker symbol is NVNO. Is Envveno Medical stock a good investment? Should you buy shares of NVNO? How do NVNO's underlying business fundamentals look? Do top analysts think Envveno Medical is a good buy? Why has NVNO's stock price moved recently? (Hint: Our stock market research website can help you understand if NVNO is a good stock to buy).
  5. Place your NVNO buy order: Decide if you will purchase NVNO shares at the current market price or use a limit order to purchase NVNO stock at a specific price.
  6. Get key alerts regarding your NVNO position: Create a watchlist to key updates about your position in Envveno Medical shares.

Step 1: Figure out where to buy Envveno Medical stock

You need an online brokerage account in order to access the NASDAQ market and buy NVNO stock.

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

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Step 2: Create a brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal info so you are able to invest in NVNO today.

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Step 3: Deposit money your investment account

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Step 4: Research Envveno Medical stock

Once you have decided on the best place to buy Envveno Medical stock, it's crucial to evaluate their stock before you buy, so you truly wrap your head around the risk and opportunity.

Envveno Medical Metrics

NVNO Price
$5.30
1w %
-3.64%
1y %
33.17%
5y %
-90.28%
P/E
-2.77x
P/B
1.53x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$23.52M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$70.58M
Next Earnings
May 6, 2024
Next Dividend
N/A

NVNO Overview

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on NVNO's stock page.

How is NVNO stock valued?

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

Using relative valuations methods:

  • NVNO could be undervalued based on its P/B ratio of 1.53x, relative to Medical Devices industry P/B ratio of 3.69x

You can access more valuation analysis on NVNO's stock here.

NVNO Financial Summary

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the NVNO balance sheet.
  • There are more short-term assets than short-term liabilities on the NVNO balance sheet.
  • NVNO has a low debt to equity ratio of 0.05.
  • NVNO has $46.41M in cash and short term investments. This is enough to cover its annual cash burn of $18.89M.
  • NVNO has cash burn of 18891000. It has sufficient cash and short-term investments to cover this for at least one year.
  • Total NVNO debt is lower than 5 years ago, relative to shareholder equity.

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

NVNO Trading Indicators

SMA10
5.08
SMA20
5.06
SMA50
5.56
SMA100
4.99
SMA200
4.89
MACD
-0.05
MACD Signal
-0.11
MACD Histogram
0.06
RSI
52.61
Stochastic %K
64.4
Stochastic %D
62.89
StochRSI %K
75.1
StochRSI %D
73.48

NVNO Performance Metrics

Last year, NVNO revenue was $0.00. In the last five year, NVNO's revenue has grown by -100% per year. This was slower than the Medical Devices industry average of 12.84%.

You can analyze NVNO's earnings and revenue performance here.

What are NVNO insiders up to?

In the last year, insiders at NVNO have bought as many shares as they have sold.

Hamed Alavi, Chief Technology Officer of NVNO, was the latest NVNO insider to sell. They sold $51,837.48 worth of NVNO stock on Mar 13, 2024.

Get more info about who owns NVNO shares here.

Does NVNO provide a stable income stream?

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

What others are saying about NVNO

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Step 5: Place your NVNO buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, place a limit order.

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Step 6: Get key alerts regarding your NVNO position

Now that you own some shares in NVNO, you'll want to keep up with your stock purchase.

Add NVNO to a watchlist to get notified of important updates regarding your NVNO stock.

NVNO Feed

How to Buy Stock in Envveno Medical

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

  1. Figure out where to buy Envveno Medical stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Research Envveno Medical stock
  5. Place your NVNO buy order
  6. Get key alerts regarding your NVNO position

If you need a online brokerage, eToro is our recommended option.

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If you would like to keep tabs on your new investment in Envveno Medical, click the button below.

NASDAQ: NVNO
$5.30+0.08 (+1.53%)
Updated Apr 30, 2024
Open eToro Account
NASDAQ: NVNO
$5.30+0.08 (+1.53%)
Updated Apr 30, 2024
Open eToro Account

FAQ

How much does it cost to buy one Envveno Medical share?

As of Apr 30, 2024, it costs $5.30 to buy one share of Envveno Medical 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 0.377 shares of NVNO.

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.

What is the best way to buy Envveno Medical stock?

One way to place an order for Envveno Medical 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.