How to Buy Oncology Institute Stock
Oncology Institute Inc
The Oncology Institute, Inc. , an oncology company, provides medical oncology services in the United States.
Oncology Institute stock last closed at $0.66, up 36.46% from the previous day, and has decreased 89.8% in one year. It has underperformed other stocks in the Medical Care Facilities industry by 0.9 percentage points. Oncology Institute stock is currently +98.48% from its 52-week low of $0.33, and -91.38% from its 52-week high of $7.60.
There are currently 75.35M shares of TOI outstanding. The market value of TOI is $49.36M. In the past 24 hours, 1.72M TOI shares were traded.
How to Buy Oncology Institute Stock
Wondering how to invest in Oncology Institute stock? Here's how.
- Figure out where to buy Oncology Institute stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Oncology Institute stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your information.
- Research Oncology Institute stock: The Oncology Institute ticker symbol is TOI. Is Oncology Institute stock a good investment? Should you buy shares of TOI? How do TOI's underlying business fundamentals look? Do top analysts think Oncology Institute is a good buy? Why has TOI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if TOI is a good stock to buy).
- Make your TOI buy order: Decide if you will purchase TOI shares at the current market price or use a limit order to buy TOI shares at a specific price.
- Keep tabs on your investment in TOI: Create a watchlist to the latest updates on your position in Oncology Institute stock.
Step 1: Figure out where to buy Oncology Institute stock
You will need an online brokerage account in order to access the NASDAQ market and buy TOI shares.
Our preferred brokerage: eToro
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Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you are able to buy TOI today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Input your personal details to start your new brokerage account.
- Send your info by clicking the "Create Account" button.
Step 3: Put funds into your investment account
Now that you've finished signing up on one of the best stock apps, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your new brokerage account.
Step 4: Research Oncology Institute stock
Once you have figured out the best place to buy Oncology Institute stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk and upside.
Oncology Institute Numbers
TOI Due Diligence Checks
WallStreetZen was created to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TOI's stock page.
Is TOI stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TOI's true value.
Using relative valuations metrics:
- TOI could be undervalued based on its P/B ratio of 0.5x, relative to Medical Care Facilities industry P/B ratio of 4.65x
You can access additional valuation research on TOI's stock here.
TOI Financial Health
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the TOI balance sheet.
- There are more short-term assets than short-term liabilities on the TOI balance sheet.
Failed Financial Due Diligence Checks:
- TOI has $55.38M in cash and short term investments. This is not enough to cover its annual cash burn of $66.59M.
- TOI has cash burn of 66593000. It does not have sufficient cash and short-term investments to cover this.
- TOI profit margin has gone down from 4.6% to -18% in the past year.
- TOI has a relatively high debt to equity ratio of 1.38.
Do Wall Street analysts think it's a good time to buy TOI stock
Out of 1 Equities analysts who give forecasts on TOI, the consensus analyst rating on Oncology Institute is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest TOI Analyst Ratings
Sandy Draper, a top 10% analyst from Guggenheim maintains TOI with a hold rating and lowers their TOI price target from $6.00 to $3.00, on Mar 20, 2023.
You can dive deeper into what analysts are forecasting on the Oncology Institute stock forecast page.
TOI Technical Indicators
Is TOI Making Money?
Last year, TOI revenue was $273.51M. In the last two year, TOI's revenue has increased by 19.33% per year. This was faster than the Medical Care Facilities industry average of 9.34%.
Dig into TOI's earnings and revenue performance here.
Latest Insiders Trades at TOI
In the last year, insiders at TOI have sold more shares than they have bought.
Mihir 1. Shah, Chief Financial Officer of TOI, was the latest TOI insider to sell. They sold $371.93 worth of TOI stock on May 23, 2023.
Learn more about who owns TOI shares here.
Does TOI stock generate passive income?
No, Oncology Institute doesn't provide an income stream by paying out dividends.
What others are saying about TOI
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your TOI 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 price on the market.
Market orders are generally 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 sure you're buying or selling at an exact price, place a limit order.
Click the Open button and eToro will execute your order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in TOI
Now that you own some TOI stock, you'll want to stay up-to-date on your company.
Start a watchlist to see the latest developments about your TOI stock.
TOI Feed
How to Buy Stock in Oncology Institute
To reiterate, here are the 6 steps for buying Oncology Institute stock:
- Figure out where to buy Oncology Institute stock
- Create your brokerage account
- Put funds into your investment account
- Research Oncology Institute stock
- Make your TOI buy order
- Keep tabs on your investment in TOI
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Oncology Institute, click below.
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