How to Buy Stereotaxis Stock
Stereotaxis Inc
Stereotaxis is a medical company located in Missouri, United States, which is part of the Healthcare sector, and is traded under the ticker STXS on the NYSEMKT exchange.
Stereotaxis stock last closed at $2.30, down 2.13% from the previous day, and has increased 36.09% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.48 percentage points. Stereotaxis stock is currently +72.93% from its 52-week low of $1.33, and -30.09% from its 52-week high of $3.29.
As of Apr 26, 2024, there are 82.13M shares of STXS outstanding. The market cap of STXS is $188.90M. In the last 24 hours, 236,795 STXS shares were traded.
How to Buy Stereotaxis Stock
Not sure how to invest in Stereotaxis stock? Here's how.
- Choose where to buy Stereotaxis stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Stereotaxis stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your details.
- Evaluate Stereotaxis stock: The Stereotaxis ticker symbol is STXS. Is Stereotaxis stock a good investment? Should you buy shares of STXS? How do STXS's underlying business fundamentals look? Do top analysts think Stereotaxis is a good buy? Why has STXS's stock price moved recently? (Hint: Our stock research website can help you figure out if STXS is a good stock to buy).
- Place your STXS purchase: Decide if you will purchase STXS shares at the current market price or use a limit order to purchase STXS shares at a given price.
- Monitor your investment in STXS: Create a watchlist to key updates about your position in Stereotaxis stock.
Step 1: Choose where to buy Stereotaxis stock
You need a brokerage account in order to access the NYSEMKT market and buy STXS shares.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you are able to invest in STXS stock today.
How to Open 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.
- Input your personal data to create a new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on the highest rated stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing money into your new brokerage account.
Step 4: Evaluate Stereotaxis stock
Once you have chosen the best place to buy Stereotaxis stock, it's crucial to research their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Stereotaxis Metrics
Fundamentals of Stereotaxis
WallStreetZen was built to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on STXS's stock page.
What is the fair value of STXS stock?
Analysts use many financial metrics, analyses, models, and charts to gauge STXS's true value.
Using relative valuations ratios:
- STXS could be overvalued based on its P/B ratio of 11.56x, relative to Medical Instruments & Supplies industry P/B ratio of 3.53x
You can do more valuation analysis on STXS's stock here.
STXS Financial Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the STXS balance sheet.
- There are more short-term assets than long-term liabilities on the STXS balance sheet.
- STXS has cash burn of 9505000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total STXS debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- STXS has a relatively high debt to equity ratio of 1.22.
- STXS profit margin has gone down from -69.8% to -82.4% in the past year.
- STXS has $20.56M in cash and short term investments. This is not enough to cover its annual cash burn of $9.51M.
Is it a good time to buy Stereotaxis stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who give recommendations on STXS, the consensus analyst rating on Stereotaxis is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Stereotaxis stock forecast page.
Metrics for Advanced STXS Traders
Is STXS Making Money?
Last year, STXS revenue was $26.77M. During the past 5 year, STXS's revenue has gone up by -1.82% per year. This was slower than the Medical Instruments & Supplies industry average of 9.46%.
Learn more about STXS's earnings and revenue performance here.
Are STXS insiders buying or selling the stock?
Over the past year, insiders at STXS have bought more shares than they have sold.
Paul J. Isaac, Director of STXS, was the latest STXS insider to buy. They bought $19,023.20 worth of STXS stock on Dec 15, 2023.
Get more info about who owns STXS shares here.
Does STXS stock generate passive income?
No, Stereotaxis doesn't provide an income stream by paying out dividends.
STXS Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your STXS purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open button and your broker will place the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in STXS
Now that you own some STXS shares, you'll want to keep up with your investment.
Make a watchlist to track the most important metrics related to your STXS stock.
STXS Feed
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How to Buy Stock in Stereotaxis
To reiterate, here are the 6 steps to buy stock in Stereotaxis:
- Choose where to buy Stereotaxis stock
- Create a brokerage account
- Put funds into your investment account
- Evaluate Stereotaxis stock
- Place your STXS purchase
- Monitor your investment in STXS
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your investment in Stereotaxis, create your watchlist below.
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