Myomo, Inc. is a United States-based medical device company specializing in myoelectric orthotics for people with neurological disorders.
Myomo stock last closed at $4.70, up 1.51% from the previous day, and has increased 43.73% in one year. It has overperformed other stocks in the Medical Devices industry by 0.57 percentage points. Myomo stock is currently +70.29% from its 52-week low of $2.76, and -34.45% from its 52-week high of $7.17.
As of Apr 30, 2025, there are 34.38M MYO shares outstanding. The market capitalization of MYO is $161.59M. In the last 24 hours, 287,938 MYO shares were traded.
How to Buy Myomo Stock
Wondering how to invest in Myomo stock? Here's how.
Choose where to buy Myomo stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Myomo stock.
Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Fund your investment account: Select your payment method and add your info.
Research Myomo stock: The Myomo ticker symbol is MYO. Is Myomo stock a good investment? Should you buy shares of MYO? How do MYO's underlying business fundamentals look? Do top analysts think Myomo is a good buy? Why has MYO's stock price moved recently? (Hint: Our stock research website can help you decide if MYO is a good stock to buy).
Execute your MYO buy order: Decide if you will purchase MYO shares at the current market price or use a limit order to purchase MYO shares at a given price.
Monitor your MYO position: Create a watchlist to important updates regarding your new investment in Myomo stock.
Step 1: Choose where to buy Myomo stock
You will need an online brokerage account to access the NYSEMKT market and buy MYO stock.
A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Open your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you can buy MYO 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 Myomo stock
Once you have identified the best place to buy Myomo stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk as well as the opportunity.
Myomo Numbers
MYO Price
$4.70
1w %
1.08%
1y %
43.73%
5y %
16.34%
P/E
-29.38x
P/B
6.54x
P/S
5.45x
PEG
N/A
Revenue
$32.55M
Earnings
-$6.18M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$161.59M
Next Earnings
May 6, 2025
Next Dividend
N/A
Myomo Fundamentals
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on MYO's stock page.
Is MYO stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MYO's true value.
Using relative valuations methods:
MYO could be overvalued based on its P/B ratio of 6.54x, relative to Medical Devices industry P/B ratio of 3.94x
MYO profit margin has gone up from -42.3% to -19% in the past year.
MYO has cash burn of 4650029. It has sufficient cash and short-term investments to cover this for at least one year.
There are more short-term assets than long-term liabilities on the MYO balance sheet.
There are more short-term assets than short-term liabilities on the MYO balance sheet.
Total MYO debt is lower than 5 years ago, relative to shareholder equity.
MYO has $25.24M in cash and short term investments. This is sufficient to cover its annual cash burn of $4.65M.
Negative Health Checks:
MYO has a relatively high debt to equity ratio of 0.71.
Is it a good time to buy Myomo stock, according to analysts?
Out of 3 sell side analysts who give forecasts on MYO, the consensus analyst rating on MYO is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Myomo stock forecast page.
MYO Technical Indicators
SMA10
4.59
SMA20
4.55
SMA50
4.91
SMA100
5.54
SMA200
4.9
MACD
-0.07
MACD Signal
-0.14
MACD Histogram
0.06
RSI
49.27
Stochastic %K
75.22
Stochastic %D
83.14
StochRSI %K
75.3
StochRSI %D
84.15
MYO Performance Metrics
Last year, MYO revenue was $32.55M. During the last 5 year, MYO's revenue has increased by 53.36% per year. This was faster than the Medical Devices industry average of 9.9%.
No, Myomo doesn't provide an income stream by paying out dividends.
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Step 5: Execute your MYO buy order
There are two primary order types:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are usually fine for most investors.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at a given price limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require more info about buying stocks on eToro, watch the how to video below:
As of Apr 30, 2025, it costs $4.70 to buy one share of Myomo 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 0.426 shares of MYO.
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.