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How to Buy Inspiremd Stock

Inspiremd Inc

InspireMD, Inc. , a medical device company, focuses on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of vascular and coronary diseases in Europe, Latin America, the Middle East, and Asia Pacific.

Inspiremd stock last closed at $2.69, up 3.3% from the previous day, and has increased 133.91% in one year. It has overperformed other stocks in the Medical Devices industry by 1.43 percentage points. Inspiremd stock is currently +179.92% from its 52-week low of $0.96, and -30.13% from its 52-week high of $3.85.

As of Feb 22, 2024, there are 21.55M shares of NSPR outstanding. The market value of NSPR is $57.97M. In the last 24 hours, 29,628 NSPR shares were traded.

How to Buy Inspiremd Stock

Wondering how to invest in Inspiremd stock? Here's how.
  1. Figure out where to buy Inspiremd stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Inspiremd stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your payment method and add your info.
  4. Research Inspiremd stock: The Inspiremd ticker symbol is NSPR. Is Inspiremd stock a good investment? Should you buy shares of NSPR? How do NSPR's underlying business fundamentals look? Do top analysts think Inspiremd is a good buy? Why has NSPR's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if NSPR is a good stock to buy).
  5. Execute your NSPR trade: Decide if you will purchase NSPR shares at the current market price or use a limit order to purchase NSPR stock at a specific price.
  6. Track your NSPR position: Create a watchlist to watch your investment in Inspiremd stock.

Step 1: Figure out where to buy Inspiremd stock

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

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

Our preferred brokerage: eToro

Based on our research, eToro is the best brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

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Step 2: Sign up for a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to invest in NSPR today.

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  1. 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.
  2. Input your personal data to create your new trading account.
  1. Submit your details by pressing the "Create Account" button.
  2. 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.

Step 3: Fund your brokerage account

Now that you have finished signing up on stock market apps, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help depositing funds into your new investment account.

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.

Step 4: Research Inspiremd stock

After you have chosen the best place to buy Inspiremd stock, it's critical to research their stock before you buy, so you actually wrap your head around the risk and upside.

Inspiremd stock data

NSPR Price
$2.69
1w %
0%
1y %
133.91%
5y %
-97.98%
P/E
-1.77x
P/B
1.34x
P/S
16.71x
PEG
N/A
Revenue
$5.47M
Earnings
-$19.36M
Fore. Rev. Growth
75.46%
Fore. Earn. Growth
N/A
Market Cap
$57.97M
Next Earnings
Mar 28, 2024
Next Dividend
N/A

NSPR Overview

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.

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

Is NSPR stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge NSPR's true value.

Using relative valuations methods:

  • NSPR may be undervalued based on its P/B ratio of 1.34x, relative to Medical Devices industry P/B ratio of 4.06x

You can access more valuation research on NSPR's stock here.

NSPR Financial Summary

Passed Health Checks:

  • NSPR has $43.00M in cash and short term investments. This is enough to cover its annual cash burn of $15.65M.
  • Total NSPR debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the NSPR balance sheet.
  • NSPR has a low debt to equity ratio of 0.16.
  • There are more short-term assets than short-term liabilities on the NSPR balance sheet.
  • NSPR has cash burn of 15646000. It has enough cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • NSPR profit margin has gone down from -321.1% to -353.9% in the past year.

Is it a good time to buy Inspiremd stock, according to Wall Street analysts?

Out of 1 sell side analysts who monitor NSPR, the consensus analyst rating on Inspiremd 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 dive deeper into what analysts are forecasting on the Inspiremd stock forecast page.

NSPR Trading Indicators

SMA10
2.69
SMA20
2.79
SMA50
2.7
SMA100
2.87
SMA200
2.78
MACD
-0.05
MACD Signal
-0.02
MACD Histogram
-0.03
RSI
45.18
Stochastic %K
14.97
Stochastic %D
7.67
StochRSI %K
15.29
StochRSI %D
5.54

Is NSPR Growing Revenue?

Last year, NSPR revenue was $5.47M. During the past five year, NSPR's revenue has grown by 8.65% per year. This was slower than the Medical Devices industry average of 12.87%.

Learn more about NSPR's earnings and revenue performance here.

Latest Insiders Trades at NSPR

In the last year, executives and large shareholders at NSPR have bought more shares than they have sold.

Gary S. Roubin, Director of NSPR, was the latest NSPR insider to buy. They bought $126,550.00 worth of NSPR shares on Nov 30, 2023.

Get more info about who owns NSPR shares here.

Does NSPR stock generate passive income?

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

NSPR Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your NSPR trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, use a limit order.

Hit the Open Trade button and your broker will execute your order.

If you need additional help with investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Track your NSPR position

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

Add NSPR to a watchlist to track your NSPR stock.

NSPR Feed

How to Buy Stock in Inspiremd

To reiterate, here are the 6 steps to buy stock in Inspiremd:

  1. Figure out where to buy Inspiremd stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Research Inspiremd stock
  5. Execute your NSPR trade
  6. Track your NSPR position

If you are looking for a place to buy stocks, eToro is our recommended venue.

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.

If you would like to get updates on your investment in Inspiremd, hit the button below to create your watchlist.

NASDAQ: NSPR
$2.69+0.09 (+3.3%)
Updated Feb 22, 2024
Open eToro Account
NASDAQ: NSPR
$2.69+0.09 (+3.3%)
Updated Feb 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Inspiremd share?

As of Feb 22, 2024, it costs $2.69 to buy one share of Inspiremd stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.372 shares of NSPR.

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 Inspiremd stock?

According to 1 Wall Street analysts who monitor Inspiremd, their consensus recommendation is to buy Inspiremd stock.

What is the best way to buy Inspiremd stock?

One way to place an order for Inspiremd 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.