How to Buy Paragon 28 Stock
Paragon 28 Inc
Paragon 28 is a medical device company located in Colorado, United States, which is part of the Healthcare sector, and is traded under the ticker FNA on the NYSE exchange.
Paragon 28 stock last closed at $9.80, up 1.55% from the previous day, and has decreased 45.34% in one year. It has underperformed other stocks in the Medical Devices industry by 0.27 percentage points. Paragon 28 stock is currently +23.27% from its 52-week low of $7.95, and -50.3% from its 52-week high of $19.72.
As of Apr 19, 2024, there are 82.84M shares of FNA outstanding. The market capitalization of FNA is $811.80M. In the last 24 hours, 450,349 FNA shares were traded.
How to Buy Paragon 28 Stock
Wondering how to invest in Paragon 28 stock? Here's how.
- Choose where to buy Paragon 28 stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Paragon 28 stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Analyze Paragon 28 stock: The Paragon 28 ticker symbol is FNA. Is Paragon 28 stock a good investment? Should you buy shares of FNA? How do FNA's underlying business fundamentals look? Do top analysts think Paragon 28 is a good buy? Why has FNA's stock price moved recently? (Hint: Our stock research tools can help you evaluate if FNA is a good stock to buy).
- Place your FNA trade: Decide if you will purchase FNA shares at the current market price or use a limit order to purchase FNA stock at a given price.
- Keep an eye on your FNA position: Create a watchlist to get live updates on your position in Paragon 28 shares.
Step 1: Choose where to buy Paragon 28 stock
You will need an online brokerage account in order to access the NYSE market and buy FNA stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Energy, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to invest in FNA stock today.
How to Start a New Account on eToro
- 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.
- Enter your personal info to start your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on investing apps, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing funds into your investment account.
Step 4: Analyze Paragon 28 stock
After you have figured out the best place to buy Paragon 28 stock, it's important to analyze their stock prior to investing, so you can understand the risk and opportunity.
Paragon 28 Metrics
Paragon 28 Due Diligence Checks
WallStreetZen was created to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on FNA's stock page.
Is FNA stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge FNA's fair value.
Using relative valuations measures:
- FNA may be overvalued based on its P/B ratio of 4.57x, relative to Medical Devices industry P/B ratio of 3.63x
You can access additional valuation analysis on FNA's stock here.
FNA Financials at a glance
Passed Financial Due Diligence Checks:
- FNA profit margin has gone up from -37.1% to -22.1% in the past year.
- There are more short-term assets than long-term liabilities on the FNA balance sheet.
- There are more short-term assets than short-term liabilities on the FNA balance sheet.
Failed Financial Due Diligence Checks:
- FNA has a relatively high debt to equity ratio of 0.92.
- FNA has $75.64M in cash and short term investments. This is not sufficient to cover its annual cash burn of $89.56M.
- FNA has cash burn of 89563000. It does not have enough cash and short-term investments to cover this.
Do analysts think it's a good time to buy FNA stock
Out of 3 Equities analysts who monitor FNA, the consensus analyst rating on Paragon 28 is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Paragon 28 stock forecast page.
FNA Trading Indicators
FNA Revenue
Last year, FNA revenue was $216.39M. During the last four year, FNA's revenue has increased by 19.45% per year. This was faster than the Medical Devices industry average of 13.38%.
Learn more about FNA's earnings and revenue performance here.
Latest Insiders Trades at FNA
In the past year, executives and large shareholders at FNA have sold more shares than they have bought.
Albert Dacosta, President Chief Executive Officer of FNA, was the latest FNA insider to buy. They bought $255,220.00 worth of FNA shares on Mar 15, 2024.
Get more info about who owns FNA stock here.
Does FNA stock generate passive income?
No, Paragon 28 doesn't provide an income stream by paying out dividends.
What others are saying about FNA
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your FNA trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - 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 particular dollar amount limit, place a limit order.
Hit the Open button and your broker will place your order.
If you want more assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your FNA position
Now that you own some FNA shares, you'll want to keep up with your new shares.
Start a watchlist to get notified of important updates regarding your FNA stock.
FNA Feed
How to Buy Stock in Paragon 28
To summarize, here are the 6 steps you need to take to buy Paragon 28 stock right now:
- Choose where to buy Paragon 28 stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze Paragon 28 stock
- Place your FNA trade
- Keep an eye on your FNA position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Paragon 28, add FNA to your watchlist by clicking the button below.
Other Stock Buying Guides You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.