How to Buy Neurometrix Stock
Neurometrix Inc
NeuroMetrix, Inc. , a healthcare company, engages in designing, building, and marketing medical devices that stimulate and analyze nerve response for diagnostic and therapeutic purposes in the United States, Europe, Japan, China, the Middle East, and Mexico.
Neurometrix stock last closed at $4.44, up 0.68% from the previous day, and has decreased 60.5% in one year. It has underperformed other stocks in the Medical Devices industry by 0.45 percentage points. Neurometrix stock is currently +64.44% from its 52-week low of $2.70, and -61.46% from its 52-week high of $11.52.
There are currently 1.99M shares of NURO outstanding. The market capitalization of NURO is $8.82M. In the past 24 hours, 32,111 NURO shares were traded.
How to Buy Neurometrix Stock
Not sure how to invest in Neurometrix stock? Here's how.
- Decide where to buy Neurometrix stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Neurometrix stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your method of payment and add your information.
- Analyze Neurometrix stock: The Neurometrix ticker symbol is NURO. Is Neurometrix stock a good investment? Should you buy shares of NURO? How do NURO's underlying business fundamentals look? Do top analysts think Neurometrix is a good buy? Why has NURO's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if NURO is a good stock to buy).
- Place your NURO buy order: Decide if you will purchase NURO shares at the current market price or use a limit order to purchase NURO stock at a specific price.
- Track your investment in NURO: Create a watchlist to key updates about your investment in Neurometrix shares.
Step 1: Decide where to buy Neurometrix stock
You need an online brokerage account in order to access the NASDAQ market and buy NURO shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to invest in NURO stock today.
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- 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.
- Input your personal info to create your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on the best stock app to use, you need to deposit funds:
Check out the tutorial below if you need help depositing funds into your investment account.
Step 4: Analyze Neurometrix stock
After you have chosen the best place to buy Neurometrix stock, it's important to analyze their stock before you buy, so you truly understand the risk and upside.
Neurometrix Numbers
NURO Due Diligence Checks
WallStreetZen was built to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on NURO's stock page.
Is NURO stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NURO's fair value.
Using relative valuations metrics:
- NURO could be undervalued based on its P/B ratio of 0.44x, relative to Medical Devices industry P/B ratio of 3.7x
You can access additional valuation research on NURO's stock here.
A look at NURO Cashflows and Balance Sheet
Positive Health Checks:
- NURO has $18.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.27M.
- There are more short-term assets than short-term liabilities on the NURO balance sheet.
- There are more short-term assets than long-term liabilities on the NURO balance sheet.
- NURO has a low debt to equity ratio of 0.07.
- Total NURO debt is lower than 5 years ago, relative to shareholder equity.
- NURO has cash burn of 6268410. It has enough cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- NURO profit margin has gone down from -53.5% to -110.6% in the past year.
NURO Technical Indicators
How is NURO performing as a company?
Last year, NURO revenue was $5.90M. During the last five year, NURO's revenue has grown by -18.18% per year. This was slower than the Medical Devices industry average of 13.26%.
Dig into NURO's earnings and revenue performance here.
What are NURO executives and large shareholders up to?
Over the past year, insiders at NURO have bought more shares than they have sold.
Shai Gozani, President CEO of NURO, was the latest NURO insider to sell. They sold $312.62 worth of NURO shares on Apr 1, 2024.
Research more about who owns NURO stock here.
Does NURO stock generate passive income?
No, Neurometrix doesn't provide an income stream by paying out dividends.
NURO Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your NURO buy order
You have two main 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 usually 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 a specific price limit, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you require more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Track your investment in NURO
Now that you own some NURO shares, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to get the latest updates about your NURO stock.
NURO Feed
How to Buy Stock in Neurometrix
To summarize, here are the 6 steps to buy stock in Neurometrix:
- Decide where to buy Neurometrix stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Neurometrix stock
- Place your NURO buy order
- Track your investment in NURO
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Neurometrix, create your watchlist below.
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