How to Buy Onemednet Stock

Onemednet Corp

OneMedNet Corporation develops technology that focuses on accessing and sharing health data.

Onemednet stock last closed at $1.12, down 5.08% from the previous day, and has increased 43.41% in one year. It has overperformed other stocks in the Health Information Services industry by 0.55 percentage points. Onemednet stock is currently +166.67% from its 52-week low of $0.42, and -66.77% from its 52-week high of $3.37.

There are currently 27.99M shares of ONMD outstanding. The market cap of ONMD is $31.35M. In the last 24 hours, 236,641 ONMD shares were traded.

How to Buy Onemednet Stock

Not sure how to invest in Onemednet stock? Here's how.

  1. Choose where to buy Onemednet 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 figure out where to buy Onemednet stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your method of payment and add your information.
  4. Analyze Onemednet stock: The Onemednet ticker symbol is ONMD. Is Onemednet stock a good investment? Should you buy shares of ONMD? How do ONMD's underlying business fundamentals look? Do top analysts think Onemednet is a good buy? Why has ONMD's stock price moved recently? (Hint: Our stock analysis website can help you decide if ONMD is a good stock to buy).
  5. Place your ONMD buy order: Decide if you will purchase ONMD shares at the current market price or use a limit order to purchase ONMD stock at a given price.
  6. Get notifications regarding your investment in ONMD: Create a watchlist to get the latest news on your investment in Onemednet shares.

Step 1: Choose where to buy Onemednet stock

You need a brokerage account to access the NASDAQ market and buy ONMD shares.

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

Our preferred brokerage: eToro

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal information so you can buy ONMD today.

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  2. Provide your personal data to create your new brokerage account.
  1. Submit your details by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have created your account on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:

Check out the tutorial below if you need help transferring money into your brokerage account.

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Step 4: Analyze Onemednet stock

Once you have chosen the best place to buy Onemednet stock, it's important to analyze their stock before you invest, so you truly comprehend the risk and opportunity.

Onemednet Metrics

ONMD Price
$1.12
1w %
-21.13%
1y %
43.41%
5y %
N/A
P/E
N/A
P/B
-2.2x
P/S
32.94x
PEG
N/A
Revenue
$957.08k
Earnings
-$36.58M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$31.35M
Next Earnings
N/A
Next Dividend
N/A

Onemednet Fundamentals

WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on ONMD's stock page.

Is ONMD stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge ONMD's true value.

You can access more valuation analysis on ONMD's stock here.

ONMD Financial Summary

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the ONMD balance sheet.

Failed Health Checks:

  • ONMD profit margin has gone down from -3,494.1% to -3,821.9% in the past year.
  • Total ONMD debt is still negative.
  • ONMD has cash burn of 5065652. It does not have sufficient cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the ONMD balance sheet.
  • ONMD has $4.09M in cash and short term investments. This is not sufficient to cover its annual cash burn of $5.07M.
  • ONMD debt to equity ratio of -1.31 is negative.

ONMD Technical Indicators

SMA10
1.34
SMA20
1.21
SMA50
1.02
SMA100
0.91
SMA200
0.95
MACD
0.08
MACD Signal
0.11
MACD Histogram
-0.03
RSI
46.3
Stochastic %K
44.97
Stochastic %D
59.75
StochRSI %K
10.56
StochRSI %D
32.05

ONMD Performance Metrics

Last year, ONMD revenue was $957.08k. During the past two year, ONMD's revenue has gone up by -22.79% per year. This was slower than the Health Information Services industry average of 22.5%.

Find out more about ONMD's earnings and revenue performance here.

What are ONMD executives and large shareholders up to?

Over the past 12 months, insiders at ONMD have not bought or sold any shares.

Dig into more about who owns ONMD shares here.

Does ONMD stock generate passive income?

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

What do other investors have to say about ONMD?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your ONMD buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price, use a limit order.

Hit the Open Trade button and your broker will execute your order.

If you require additional info about investing in stocks on eToro, click the helpful video below:

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Step 6: Get notifications regarding your investment in ONMD

Now that you own some ONMD stock, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to keep track of your ONMD stock.

ONMD Feed

How to Buy Stock in Onemednet

To reiterate, here are the 6 steps to buy stock in Onemednet:

  1. Choose where to buy Onemednet stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Onemednet stock
  5. Place your ONMD buy order
  6. Get notifications regarding your investment in ONMD

If you need a brokerage account, 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 want to track your new investment in Onemednet, add ONMD to your watchlist by clicking the button below.

NASDAQ: ONMD
$1.12-0.06 (-5.08%)
Updated Jan 10, 2025
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NASDAQ: ONMD
$1.12-0.06 (-5.08%)
Updated Jan 10, 2025
Open eToro Account

FAQ

How much does it cost to buy one Onemednet share?

As of Jan 10, 2025, it costs $1.12 to buy one share of Onemednet stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.56, you can buy 0.5 shares of ONMD.

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.

What is the best way to buy Onemednet stock?

One way to place an order for Onemednet 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.