How to Buy Monogram Orthopaedics Stock
Monogram Orthopaedics Inc
Monogram Orthopaedics, Inc. focuses on developing a product solution architecture to enable mass personalized optimization of orthopedic implants.
Monogram Orthopaedics stock last closed at $2.21, down 1.78% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Medical Devices industry by N/A percentage points. Monogram Orthopaedics stock is currently +44.44% from its 52-week low of $1.53, and -95.49% from its 52-week high of $48.99.
As of Apr 22, 2024, there are 31.63M shares of MGRM outstanding. The market value of MGRM is $69.91M. In the past 24 hours, 99,287 MGRM shares were traded.
How to Buy Monogram Orthopaedics Stock
Wondering how to invest in Monogram Orthopaedics stock? Here's how.
- Figure out where to buy Monogram Orthopaedics stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Monogram Orthopaedics stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your payment method and add your information.
- Research Monogram Orthopaedics stock: The Monogram Orthopaedics ticker symbol is MGRM. Is Monogram Orthopaedics stock a good investment? Should you buy shares of MGRM? How do MGRM's underlying business fundamentals look? Do top analysts think Monogram Orthopaedics is a good buy? Why has MGRM's stock price moved recently? (Hint: Our stock research website can help you figure out if MGRM is a good stock to buy).
- Place your MGRM trade: Decide if you will purchase MGRM shares at the current market price or use a limit order to purchase MGRM shares at a given price.
- Keep tabs on your MGRM investment: Create a watchlist to monitor your new investment in Monogram Orthopaedics shares.
Step 1: Figure out where to buy Monogram Orthopaedics stock
You will need an online brokerage account in order to access the NASDAQ market and buy MGRM shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you can invest in MGRM stock today.
How to Open a New 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 details to open your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best beginner stock app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Research Monogram Orthopaedics stock
After you have selected the best place to buy Monogram Orthopaedics stock, it's very important to research their stock prior to buying, so you actually wrap your head around the risk and upside.
Monogram Orthopaedics shares at a glance
Monogram Orthopaedics Zen Score
WallStreetZen was designed to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on MGRM's stock page.
Is MGRM stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge MGRM's true value.
Using relative valuations metrics:
- MGRM may be overvalued based on its P/B ratio of 5.22x, relative to Medical Devices industry P/B ratio of 3.65x
You can access more valuation research on MGRM's stock here.
MGRM Financial Health
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the MGRM balance sheet.
- There are more short-term assets than short-term liabilities on the MGRM balance sheet.
- Total MGRM debt is lower than 5 years ago, relative to shareholder equity.
- MGRM has a low debt to equity ratio of 0.24.
Negative Financial Indicators:
- MGRM profit margin has gone down from N/A to -3,765.8% in the past year.
- MGRM has $13.59M in cash and short term investments. This is not sufficient to cover its annual cash burn of $13.61M.
- MGRM has cash burn of 13607422. It does not have sufficient cash and short-term investments to cover this.
You can dig deeper into what analysts are forecasting on the Monogram Orthopaedics stock forecast page.
MGRM Earnings
Last year, MGRM revenue was $365.00k. Over the past 2 year, MGRM's revenue has increased by -23.78% per year. This was slower than the Medical Devices industry average of 13.34%.
You can analyze MGRM's earnings and revenue performance here.
What are MGRM insiders up to?
In the last 12 months, executives and large shareholders at MGRM have not bought or sold any shares.
Research more about who owns MGRM shares here.
Does MGRM provide a stable income stream?
No, Monogram Orthopaedics doesn't provide an income stream by paying out dividends.
What others are saying about MGRM
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your MGRM trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - 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 an exact price limit, place a limit order.
Click the Open button and your broker will place your order.
If you require more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your MGRM investment
Now that you own some MGRM shares, you'll want to stay up-to-date on your new company.
Put MGRM on a watchlist to get notified of important updates regarding your MGRM stock.
MGRM Feed
How to Buy Stock in Monogram Orthopaedics
To summarize, here are the 6 steps for buying Monogram Orthopaedics stock:
- Figure out where to buy Monogram Orthopaedics stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research Monogram Orthopaedics stock
- Place your MGRM trade
- Keep tabs on your MGRM investment
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Monogram Orthopaedics, add MGRM to your watchlist by clicking the button below.
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