How to Buy Profound Medical Stock
Profound Medical Corp
Profound Medical Corp. , together with its subsidiaries, operates as a commercial-stage medical device company that develops magnetic resonance guided ablation procedures for treatment of prostate disease, uterine fibroids, and palliative pain treatment in Canada, Germany, the United States, and Finland.
Profound Medical stock last closed at $6.54, up 3.32% from the previous day, and has decreased 26.52% in one year. It has underperformed other stocks in the Medical Devices industry by 0.1 percentage points. Profound Medical stock is currently +67.91% from its 52-week low of $3.90, and -42.73% from its 52-week high of $11.42.
At the moment, there are 30.05M PROF shares outstanding. The market capitalization of PROF is $196.55M. In the last 24 hours, 25,800 PROF shares were traded.
How to Buy Profound Medical Stock
Not sure how to invest in Profound Medical stock? Here's how.
- Decide where to buy Profound Medical stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Profound Medical stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your payment method and add your info.
- Research Profound Medical stock: The Profound Medical ticker symbol is PROF. Is Profound Medical stock a good investment? Should you buy shares of PROF? How do PROF's underlying business fundamentals look? Do top analysts think Profound Medical is a good buy? Why has PROF's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PROF is a good stock to buy).
- Execute your PROF purchase: Decide if you will purchase PROF shares at the current market price or use a limit order to purchase PROF stock at a particular price.
- Keep an eye on your PROF investment: Create a watchlist to monitor your investment in Profound Medical stock.
Step 1: Decide where to buy Profound Medical stock
You need a brokerage account in order to access the NASDAQ market and buy PROF stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world markets: From Tech to Industrials, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you can buy PROF today.
How to Start a New Brokerage 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.
- Provide your personal details to create a new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on one of the most highly reviewed stock apps, you need to deposit funds:
Check out the video below to see the process of depositing funds into your new investment account.
Step 4: Research Profound Medical stock
After you have figured out the best place to buy Profound Medical stock, it's absolutely critical to research their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Profound Medical Metrics
Fundamentals of Profound Medical
WallStreetZen was built to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on PROF's stock page.
What is the fair value of PROF stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PROF's fair value.
Using relative valuations methods:
- PROF could be overvalued based on its P/B ratio of 5.34x, relative to Medical Devices industry P/B ratio of 3.99x
You can access more valuation analysis on PROF's stock here.
PROF Financial Health
Positive Health Checks:
- PROF has cash burn of 19543478. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the PROF balance sheet.
- PROF has $33.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $19.54M.
- There are more short-term assets than short-term liabilities on the PROF balance sheet.
- PROF has a low debt to equity ratio of 0.2.
Negative Health Checks:
- PROF profit margin has gone up by 0.84 percentage points in the past year, but the company is still unprofitable.
- Total PROF debt is higher than 5 years ago, relative to shareholder equity.
Is Profound Medical stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who monitor PROF, the consensus analyst rating on Profound Medical is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Profound Medical stock forecast page.
PROF Technical Indicators
PROF Revenue
Last year, PROF revenue was $8.25M. In the past five year, PROF's revenue has increased by 24.35% per year. This was faster than the Medical Devices industry average of 9.62%.
Learn more about PROF's earnings and revenue performance here.
Latest Insiders Trades at PROF
Over the past 12 months, insiders at PROF have bought more shares than they have sold.
Arun Swarup Menawat, CEO of PROF, was the latest PROF insider to buy. They bought $56,887.71 worth of PROF shares on May 16, 2025.
Get more info about who owns PROF stock here.
Can I get consistent income from PROF stock?
No, Profound Medical doesn't provide an income stream by paying out dividends.
PROF Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your PROF purchase
You have two main options:
- 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 for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your PROF investment
Now that you own some PROF shares, you'll want to keep up with your stock purchase.
Create a watchlist to see the latest developments about your PROF stock.
PROF Feed
How to Buy Stock in Profound Medical
To reiterate, here are the 6 steps to buy stock in Profound Medical:
- Decide where to buy Profound Medical stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Profound Medical stock
- Execute your PROF purchase
- Keep an eye on your PROF investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Profound Medical, create a watchlist today.
Other Content You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp 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.