WallStreetZenWallStreetZen

How to Buy Senseonics Holdings Stock

Senseonics Holdings Inc

Senseonics Holdings, Inc. , a medical technology company, develops and commercializes continuous glucose monitoring (CGM) systems for people with diabetes primarily in Europe.

Senseonics Holdings stock last closed at $0.43, up 7.77% from the previous day, and has decreased 33.33% in one year. It has underperformed other stocks in the Medical Devices industry by 0.17 percentage points. Senseonics Holdings stock is currently +11.98% from its 52-week low of $0.38, and -59.05% from its 52-week high of $1.05.

As of Apr 23, 2024, there are 530.67M shares of SENS outstanding. The market value of SENS is $228.19M. In the past 24 hours, 1.63M SENS shares were traded.

How to Buy Senseonics Holdings Stock

Not sure how to invest in Senseonics Holdings stock? Here's how.
  1. Decide where to buy Senseonics Holdings stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Senseonics Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Senseonics Holdings stock: The Senseonics Holdings ticker symbol is SENS. Is Senseonics Holdings stock a good investment? Should you buy shares of SENS? How do SENS's underlying business fundamentals look? Do top analysts think Senseonics Holdings is a good buy? Why has SENS's stock price moved recently? (Hint: Our stock market research website can help you understand if SENS is a good stock to buy).
  5. Make your SENS purchase: Decide if you will purchase SENS shares at the current market price or use a limit order to purchase SENS shares at a specific price.
  6. Track your SENS investment: Create a watchlist to key updates about your position in Senseonics Holdings stock.

Step 1: Decide where to buy Senseonics Holdings stock

You need an online brokerage account in order to access the NYSEMKT market and buy SENS shares.

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

Our favorite brokerage: eToro

We believe that eToro is the best stock brokerage. eToro gives you:

  • 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 buy the stock.
  • Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by creating an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

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 are able to invest in SENS today.

How to Set Up a New Brokerage Account on eToro

  1. 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.
  2. Enter your personal details to create a new trading account.
  1. Submit your details by hitting the "Create Account" button.
  2. 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.

Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on the best stock app, you need to deposit funds:

Watch the tutorial below if you need help transferring funds into your investment account.

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.

Step 4: Evaluate Senseonics Holdings stock

Once you have decided on the best place to buy Senseonics Holdings stock, it's important to research their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.

Senseonics Holdings shares quick numbers

SENS Price
$0.43
1w %
-0.46%
1y %
-33.33%
5y %
-80.28%
P/E
-3.91x
P/B
6.37x
P/S
11.03x
PEG
N/A
Revenue
$22.39M
Earnings
-$60.39M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$228.19M
Next Earnings
May 7, 2024
Next Dividend
N/A

Senseonics Holdings Due Diligence Checks

WallStreetZen was created to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on SENS's stock page.

Is SENS stock undervalued or overvalued?

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

Using relative valuations ratios:

  • SENS may be overvalued based on its P/B ratio of 6.37x, relative to Medical Devices industry P/B ratio of 3.71x

You can do additional valuation research on SENS's stock here.

A quick look at SENS Financials

Passed Health Checks:

  • SENS has $109.46M in cash and short term investments. This is sufficient to cover its annual cash burn of $70.51M.
  • There are more short-term assets than short-term liabilities on the SENS balance sheet.
  • SENS has cash burn of 70513000. It has enough 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 SENS balance sheet.

Failed Health Checks:

  • Total SENS debt is higher than 5 years ago, relative to shareholder equity.
  • SENS has a relatively high debt to equity ratio of 1.81.
  • SENS profit margin has gone down from 867.2% to -269.7% in the past year.

Is it a good time to buy Senseonics Holdings stock, according to analysts?

Out of 1 sell side analysts who research SENS, the consensus analyst rating on Senseonics Holdings is a Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Senseonics Holdings stock forecast page.

SENS Momentum

SMA10
0.44
SMA20
0.48
SMA50
0.56
SMA100
0.57
SMA200
0.6
MACD
-0.04
MACD Signal
-0.04
MACD Histogram
-0.01
RSI
36.67
Stochastic %K
14.67
Stochastic %D
9.2
StochRSI %K
30.69
StochRSI %D
19.97

SENS Growth Numbers

Last year, SENS revenue was $22.39M. In the past five year, SENS's revenue has increased by 3.43% per year. This was slower than the Medical Devices industry average of 13.35%.

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

Who is buying/selling SENS?

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

Edward Fiorentino, Director of SENS, was the latest SENS insider to buy. They bought $14,124.96 worth of SENS stock on Apr 2, 2024.

Get more info about who owns SENS shares here.

Does SENS stock generate passive income?

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

SENS Social Trading Data

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

Click below to learn what other community members have to say.

Step 5: Make your SENS purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, place a limit order.

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

If you want additional help investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Track your SENS investment

Now that you own some shares in SENS, you'll want to stay up-to-date on your new stock purchase.

Put SENS on a watchlist to get alerted to the latest events about your SENS stock.

SENS Feed

How to Buy Stock in Senseonics Holdings

To summarize, here are the 6 steps to buy Senseonics Holdings stock:

  1. Decide where to buy Senseonics Holdings stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Senseonics Holdings stock
  5. Make your SENS purchase
  6. Track your SENS investment

If you are looking for a place to buy stocks, eToro is our favorite 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 keep track of your investment in Senseonics Holdings, create a watchlist today.

NYSEMKT: SENS
$0.43+0.03 (+7.77%)
Updated Apr 23, 2024
Open eToro Account
NYSEMKT: SENS
$0.43+0.03 (+7.77%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Senseonics Holdings share?

As of Apr 23, 2024, it costs $0.43 to buy one share of Senseonics Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.22, you can buy 0.5 shares of SENS.

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 Senseonics Holdings stock?

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

What is the best way to buy Senseonics Holdings stock?

One way to place an order for Senseonics Holdings 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.