How to Buy Fonar Stock
Fonar Corp
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States.
Fonar stock last closed at $14.88, up 3.19% from the previous day, and has decreased 5.64% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.12 percentage points. Fonar stock is currently +24% from its 52-week low of $12.00, and -20.34% from its 52-week high of $18.68.
At the moment, there are 6.59M FONR shares outstanding. The market value of FONR is $98.00M. In the past 24 hours, 18,200 FONR shares were traded.
How to Buy Fonar Stock
Wondering how to invest in Fonar stock? Here's how.
- Choose where to buy Fonar stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Fonar stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your method of payment and add your info.
- Evaluate Fonar stock: The Fonar ticker symbol is FONR. Is Fonar stock a good investment? Should you buy shares of FONR? How do FONR's underlying business fundamentals look? Do top analysts think Fonar is a good buy? Why has FONR's stock price moved recently? (Hint: Our stock research website can help you decide if FONR is a good stock to buy).
- Place your FONR buy order: Decide if you will purchase FONR shares at the current market price or use a limit order to purchase FONR stock at a given price.
- Get the latest scoop on your investment in FONR: Create a watchlist to get live updates on your position in Fonar shares.
Step 1: Choose where to buy Fonar stock
You will need an online brokerage account to access the NASDAQ market and buy FONR shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you can invest in FONR stock today.
How to Start 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 brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on the best stock app to use, your next step is to transfer the money for your investment:
Check out the video below for more details depositing funds into your new investment account.
Step 4: Evaluate Fonar stock
Once you have identified the best place to buy Fonar stock, it's absolutely critical to analyze their stock before you buy, so you truly wrap your head around the risk and upside.
Fonar quick stats
FONR Due Diligence Checks
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on FONR's stock page.
Is FONR stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FONR's fair value.
Using relative valuations metrics:
- FONR could be undervalued based on its P/E ratio of 11.72x, relative to Diagnostics & Research industry P/E ratio of 19.78x
- FONR may be undervalued based on its P/B ratio of 0.57x, relative to Diagnostics & Research industry P/B ratio of 3.56x
You can do more valuation research on FONR's stock here.
FONR Financial Health
Signs that FONR is financially healthy:
- FONR's operating cash flow of $11.64M allows it to safely service it's debt of $39.79M.
- There are more short-term assets than long-term liabilities on the FONR balance sheet.
- There are more short-term assets than short-term liabilities on the FONR balance sheet.
- Total FONR debt is lower than 5 years ago, relative to shareholder equity.
- FONR has a low debt to equity ratio of 0.32.
- FONR earnings of $11.77M is not sufficient to cover its interest payments.
Signs that FONR is not financially healthy:
- FONR profit margin has gone down from 10% to 7.7% in the past year.
Metrics for Advanced FONR Traders
FONR Growth Numbers
Last year, FONR earnings were $7.90M. Over the last 5 year, FONR's earnings have grown by -6.63% per year. This was slower than the Diagnostics & Research industry average of 9.3%.
Last year, FONR revenue was $103.02M. In the last 5 year, FONR's revenue has gone up by 3.35% per year. This was slower than the Diagnostics & Research industry average of 9.77%.
You can research FONR's earnings and revenue performance here.
Who is buying/selling FONR?
In the last year, executives and large shareholders at FONR have not bought or sold any shares.
Get more info about who owns FONR stock here.
Does FONR provide a stable income stream?
No, Fonar doesn't provide an income stream by paying out dividends.
FONR Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your FONR buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - 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, place a limit order.
Click the Open button and your broker will place the order.
If you need more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your investment in FONR
Now that you own some FONR stock, you'll want to stay up-to-date on your shares.
Make a watchlist to keep tabs on your FONR stock.
FONR Feed
How to Buy Stock in Fonar
To summarize, here are the 6 steps to buy Fonar stock:
- Choose where to buy Fonar stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Fonar stock
- Place your FONR buy order
- Get the latest scoop on your investment in FONR
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Fonar, create your watchlist below.
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