How to Buy Retractable Technologies Stock
Retractable Technologies Inc
Retractable Technologies, Inc. manufactures and markets safety needle devices for the healthcare industry. The company is headquartered in Little Elm, Texas and currently employs 134 full-time employees.
Retractable Technologies stock last closed at $1.08, up 1.42% from the previous day, and has decreased 37.13% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.26 percentage points. Retractable Technologies stock is currently +13.16% from its 52-week low of $0.95, and -37.86% from its 52-week high of $1.73.
At the moment, there are 29.94M shares of RVP outstanding. The market capitalization of RVP is $32.18M. In the last 24 hours, 23,257 RVP shares were traded.
How to Buy Retractable Technologies Stock
Not sure how to invest in Retractable Technologies stock? Here's how.
- Decide where to buy Retractable Technologies stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Retractable Technologies stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Evaluate Retractable Technologies stock: The Retractable Technologies ticker symbol is RVP. Is Retractable Technologies stock a good investment? Should you buy shares of RVP? How do RVP's underlying business fundamentals look? Do top analysts think Retractable Technologies is a good buy? Why has RVP's stock price moved recently? (Hint: Our stock market research website can help you figure out if RVP is a good stock to buy).
- Place your RVP buy order: Decide if you will purchase RVP shares at the current market price or use a limit order to purchase RVP shares at a particular price.
- Monitor your RVP position: Create a watchlist to track your new investment in Retractable Technologies stock.
Step 1: Decide where to buy Retractable Technologies stock
You need an online brokerage account to access the NYSEMKT market and buy RVP shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you are able to buy RVP stock today.
How to Open a New Investment 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 start a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on a mobile trading app, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your brokerage account.
Step 4: Evaluate Retractable Technologies stock
After you have decided on the best place to buy Retractable Technologies stock, it's absolutely critical to analyze their stock before you invest, so you can understand the risk and opportunity.
Retractable Technologies shares at a glance
RVP Due Diligence Checks
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on RVP's stock page.
Is RVP stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge RVP's fair value.
Using relative valuations metrics:
- RVP may be undervalued based on its P/B ratio of 0.32x, relative to Medical Instruments & Supplies industry P/B ratio of 3.53x
You can do more valuation research on RVP's stock here.
RVP Financial Health
Signs that RVP is financially healthy:
- There are more short-term assets than short-term liabilities on the RVP balance sheet.
- RVP's operating cash flow of $2.77M allows it to safely service it's debt of $1.54M.
- There are more short-term assets than long-term liabilities on the RVP balance sheet.
Signs that RVP is not financially healthy:
- Total RVP debt is higher than 5 years ago, relative to shareholder equity.
- RVP has a relatively high debt to equity ratio of 0.81.
- RVP earnings of -$8.76M is not enough to cover its interest payments.
- RVP profit margin has gone down from 5.1% to -16.6% in the past year.
RVP Technicals
RVP Earnings
Last year, RVP revenue was $43.60M. During the past 5 year, RVP's revenue has increased by 5.55% per year. This was slower than the Medical Instruments & Supplies industry average of 9.46%.
You can research RVP's earnings and revenue performance here.
Are RVP insiders buying or selling the stock?
Over the past 12 months, insiders at RVP have bought more shares than they have sold.
Thomas J. Shaw, PRESIDENT AND CEO of RVP, was the latest RVP insider to buy. They bought $15,793.16 worth of RVP stock on Apr 17, 2024.
Learn more about who owns RVP shares here.
Does RVP provide a stable income stream?
No, Retractable Technologies doesn't provide an income stream by paying out dividends.
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One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your RVP buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you need more assistance buying stocks on eToro, watch the how to video below:
Step 6: Monitor your RVP position
Now that you own some shares in RVP, you'll want to keep up with your new investment.
Make a watchlist to keep tabs on your RVP stock.
RVP Feed
How to Buy Stock in Retractable Technologies
To summarize, here are the 6 steps to buy Retractable Technologies stock:
- Decide where to buy Retractable Technologies stock
- Open your brokerage account
- Deposit money your brokerage account
- Evaluate Retractable Technologies stock
- Place your RVP buy order
- Monitor your RVP position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your new investment in Retractable Technologies, create a watchlist today.
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