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How to Buy Icecure Medical Stock

Icecure Medical Ltd

IceCure Medical Ltd, a medical device company, engages in the research, development, and commercialization of medical devices for cryoablation (freezing) of tumors in the human body.

Icecure Medical stock last closed at $1.20, up 0.84% from the previous day, and has decreased 6.25% in one year. It has overperformed other stocks in the Medical Devices industry by 0.1 percentage points. Icecure Medical stock is currently +130.77% from its 52-week low of $0.52, and -23.57% from its 52-week high of $1.57.

At the moment, there are 45.73M ICCM shares outstanding. The market cap of ICCM is $54.88M. In the last 24 hours, 60,557 ICCM shares were traded.

How to Buy Icecure Medical Stock

Wondering how to invest in Icecure Medical stock? Here's how.
  1. Figure out where to buy Icecure Medical stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Icecure Medical stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your method of payment and add your info.
  4. Evaluate Icecure Medical stock: The Icecure Medical ticker symbol is ICCM. Is Icecure Medical stock a good investment? Should you buy shares of ICCM? How do ICCM's underlying business fundamentals look? Do top analysts think Icecure Medical is a good buy? Why has ICCM's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ICCM is a good stock to buy).
  5. Execute your ICCM buy order: Decide if you will purchase ICCM shares at the current market price or use a limit order to purchase ICCM shares at a given price.
  6. Keep an eye on your ICCM investment: Create a watchlist to monitor your position in Icecure Medical shares.

Step 1: Figure out where to buy Icecure Medical stock

You will need an online brokerage account in order to access the NASDAQ market and buy ICCM shares.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, you need to fill out some personal details so you are able to buy ICCM stock today.

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Step 3: Deposit funds into your investment account

Now that you've created your account on app for investing, your next step is to transfer the money for your investment:

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Step 4: Evaluate Icecure Medical stock

Once you have chosen the best place to buy Icecure Medical stock, it's important to research their stock prior to buying, so you actually comprehend the risk and opportunity.

Icecure Medical quick stats

ICCM Price
$1.20
1w %
-0.83%
1y %
-6.25%
5y %
N/A
P/E
-3.75x
P/B
4.51x
P/S
16.9x
PEG
N/A
Revenue
$3.23M
Earnings
-$14.65M
Fore. Rev. Growth
113.5%
Fore. Earn. Growth
N/A
Market Cap
$54.88M
Next Earnings
May 15, 2024
Next Dividend
N/A

Fundamentals of ICCM

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

You can see all of the due diligence checks on ICCM's stock page.

How is ICCM stock valued?

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

Using relative valuations methods:

  • ICCM may be overvalued based on its P/B ratio of 4.51x, relative to Medical Devices industry P/B ratio of 3.7x

You can access additional valuation analysis on ICCM's stock here.

How do ICCM Financials look?

Pros:

  • There are more short-term assets than short-term liabilities on the ICCM balance sheet.
  • ICCM has a low debt to equity ratio of 0.35.
  • There are more short-term assets than long-term liabilities on the ICCM balance sheet.

Cons:

  • ICCM has $11.06M in cash and short term investments. This is not sufficient to cover its annual cash burn of $13.00M.
  • ICCM has cash burn of 13001000. It does not have sufficient cash and short-term investments to cover this.
  • ICCM profit margin has gone up by 0.96 percentage points in the past year, but the company is still unprofitable.

Is ICCM stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Wall Street analysts who give forecasts on ICCM, the consensus analyst rating on Icecure Medical is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Icecure Medical stock forecast page.

Metrics for Advanced ICCM Traders

SMA10
1.24
SMA20
1.25
SMA50
1.26
SMA100
1.23
SMA200
1.09
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
-0.01
RSI
42.65
Stochastic %K
41.27
Stochastic %D
43.12
StochRSI %K
5.16
StochRSI %D
5.82

How are ICCM Revenues/Earnings doing?

Last year, ICCM revenue was $3.23M. Over the past four year, ICCM's revenue has gone up by 18.69% per year. This was faster than the Medical Devices industry average of 13.26%.

Find out more about ICCM's earnings and revenue performance here.

Who is buying/selling ICCM?

Over the past year, insiders at ICCM have not bought or sold any shares.

Learn more about who owns ICCM shares here.

Can I get consistent income from ICCM stock?

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

What others are saying about ICCM

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Step 5: Execute your ICCM 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 possible price.
    Market orders are generally the best for newer 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 dollar amount limit, use a limit order.

Press the Open Trade button and your broker will place the order.

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Step 6: Keep an eye on your ICCM investment

Now that you own some ICCM stock, you'll want to stay up-to-date on your shares.

Put ICCM on a watchlist to monitor your ICCM stock.

ICCM Feed

How to Buy Stock in Icecure Medical

To reiterate, here are the 6 steps you need to take to buy Icecure Medical stock right now:

  1. Figure out where to buy Icecure Medical stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Icecure Medical stock
  5. Execute your ICCM buy order
  6. Keep an eye on your ICCM investment

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If you would like to watch your new investment in Icecure Medical, create your watchlist below.

NASDAQ: ICCM
$1.20+0.01 (+0.84%)
Updated Apr 26, 2024
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NASDAQ: ICCM
$1.20+0.01 (+0.84%)
Updated Apr 26, 2024
Open eToro Account

FAQ

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

As of Apr 26, 2024, it costs $1.20 to buy one share of Icecure Medical stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.6, you can buy 0.5 shares of ICCM.

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.

Is now a good time to buy Icecure Medical stock?

According to 2 Wall Street analysts who monitor Icecure Medical, their consensus recommendation is to buy Icecure Medical stock.

What is the best way to buy Icecure Medical stock?

One way to place an order for Icecure 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.