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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 $1.23, up 5.13% from the previous day, and has increased 130.34% in one year. It has overperformed other stocks in the Medical Care Facilities industry by 1.28 percentage points. Oncology Institute stock is currently +272.73% from its 52-week low of $0.33, and -53.67% from its 52-week high of $2.66.

There are currently 74.31M shares of TOI outstanding. The market value of TOI is $91.40M. In the past 24 hours, 37,757 TOI shares were traded.

How to Buy Oncology Institute Stock

Wondering how to invest in Oncology Institute stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Send your info by clicking the "Create Account" button.
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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.

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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 Price
$1.23
1w %
-10.87%
1y %
130.34%
5y %
N/A
P/E
-1.34x
P/B
1.6x
P/S
0.28x
PEG
N/A
Revenue
$324.24M
Earnings
-$67.88M
Fore. Rev. Growth
27.23%
Fore. Earn. Growth
N/A
Market Cap
$91.40M
Next Earnings
May 8, 2024
Next Dividend
N/A

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 1.6x, relative to Medical Care Facilities industry P/B ratio of 4.36x

You can access additional valuation research on TOI's stock here.

TOI Financial Health

Passed Financial Due Diligence Checks:

  • TOI has cash burn of 40882000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the TOI balance sheet.
  • There are more short-term assets than long-term liabilities on the TOI balance sheet.

Failed Financial Due Diligence Checks:

  • TOI has a relatively high debt to equity ratio of 2.67.
  • TOI profit margin has gone down from 0% to -20.9% in the past year.
  • TOI has $82.86M in cash and short term investments. This is not enough to cover its annual cash burn of $40.88M.

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 Strong Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Oncology Institute stock forecast page.

TOI Momentum

SMA10
1.35
SMA20
1.45
SMA50
1.66
SMA100
1.76
SMA200
1.55
MACD
-0.13
MACD Signal
-0.1
MACD Histogram
-0.03
RSI
36.27
Stochastic %K
8.57
Stochastic %D
5.55
StochRSI %K
11.52
StochRSI %D
4.32

TOI Earnings

Last year, TOI revenue was $324.24M. In the past 4 year, TOI's revenue has gone up by 20.18% per year. This was faster than the Medical Care Facilities industry average of 7.69%.

You can analyze TOI's earnings and revenue performance here.

Who is buying/selling TOI?

Over the last 12 months, executives and large shareholders at TOI have sold more shares than they have bought.

Havencrest Healthcare Partners LP, 10% Owner of TOI, was the latest TOI insider to sell. They sold $18,310.44 worth of TOI shares on Jan 29, 2024.

Learn more about who owns TOI shares here.

Can I get consistent income from TOI stock?

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

What do other investors have to say about TOI?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your TOI buy order

There are two primary types of orders:

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

Click the Open button and your broker will place the order.

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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 investment.

Add TOI to a watchlist to get notified of the latest news about your TOI stock.

TOI Feed

How to Buy Stock in Oncology Institute

To summarize, here are the 6 steps to buy Oncology Institute stock:

  1. Figure out where to buy Oncology Institute stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research Oncology Institute stock
  5. Make your TOI buy order
  6. Keep tabs on your investment in TOI

If you need a brokerage, eToro is our recommended option.

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 track your investment in Oncology Institute, create a watchlist today.

NASDAQ: TOI
$1.23+0.06 (+5.13%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: TOI
$1.23+0.06 (+5.13%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Oncology Institute share?

As of Apr 18, 2024, it costs $1.23 to buy one share of Oncology Institute stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.62, you can buy 0.5 shares of TOI.

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 Oncology Institute stock?

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

What is the best way to buy Oncology Institute stock?

One way to place an order for Oncology Institute 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.