How to Buy Tela Bio Stock
Tela Bio Inc
TELA Bio, Inc. , a commercial-stage medical technology company, focuses on providing soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's anatomy.
Tela Bio stock last closed at $4.45, up 1.37% from the previous day, and has decreased 52.71% in one year. It has underperformed other stocks in the Medical Devices industry by 0.37 percentage points. Tela Bio stock is currently +5.08% from its 52-week low of $4.24, and -60.48% from its 52-week high of $11.26.
As of Apr 26, 2024, there are 24.65M TELA shares outstanding. The market capitalization of TELA is $109.69M. In the past 24 hours, 57,897 TELA shares were traded.
How to Buy Tela Bio Stock
Not sure how to invest in Tela Bio stock? Here's how.
- Decide where to buy Tela Bio stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Tela Bio stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research Tela Bio stock: The Tela Bio ticker symbol is TELA. Is Tela Bio stock a good investment? Should you buy shares of TELA? How do TELA's underlying business fundamentals look? Do top analysts think Tela Bio is a good buy? Why has TELA's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if TELA is a good stock to buy).
- Make your TELA purchase: Decide if you will purchase TELA shares at the current market price or use a limit order to buy TELA stock at a specific price.
- Watch your TELA position: Create a watchlist to important updates regarding your investment in Tela Bio shares.
Step 1: Decide where to buy Tela Bio stock
You will need an online brokerage account to access the NASDAQ market and buy TELA stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in TELA 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 details to start a new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on a good stock buying app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing money into your new investment account.
Step 4: Research Tela Bio stock
After you have figured out the best place to buy Tela Bio stock, it's important to evaluate their stock before you invest, so you can understand the risk and opportunity.
Overview of key TELA info
Tela Bio Zen Score
WallStreetZen was created to help average investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TELA's stock page.
How is TELA stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge TELA's intrinsic value.
Using relative valuations methods:
- TELA may be overvalued based on its P/B ratio of 5.81x, relative to Medical Devices industry P/B ratio of 3.7x
You can access more valuation research on TELA's stock here.
A quick look at TELA Financials
Passed Financial Due Diligence Checks:
- Total TELA debt is lower than 5 years ago, relative to shareholder equity.
- TELA has cash burn of 41456000. 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 TELA balance sheet.
- There are more short-term assets than short-term liabilities on the TELA balance sheet.
Failed Financial Due Diligence Checks:
- TELA has a relatively high debt to equity ratio of 3.13.
- TELA has $46.99M in cash and short term investments. This is not sufficient to cover its annual cash burn of $41.46M.
- TELA profit margin has gone up by 0.27 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy TELA stock, according to analysts?
Out of 3 Equities analysts who track TELA, the consensus analyst rating on Tela Bio is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Tela Bio stock forecast page.
TELA Technicals
How are TELA Revenues/Earnings doing?
Last year, TELA revenue was $58.45M. During the past 5 year, TELA's revenue has grown by 47.85% per year. This was faster than the Medical Devices industry average of 13.26%.
Dive into TELA's earnings and revenue performance here.
What are TELA executives and large shareholders up to?
In the last year, insiders at TELA have sold more shares than they have bought.
Gregory A. Firestone, Chief Business Officer of TELA, was the latest TELA insider to sell. They sold $674.73 worth of TELA stock on Mar 31, 2024.
Get more info about who owns TELA shares here.
Does TELA provide a stable income stream?
No, Tela Bio doesn't provide an income stream by paying out dividends.
What others are saying about TELA
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your TELA 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 usually fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open button and your broker will place your order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Watch your TELA position
Now that you own some TELA shares, you'll want to stay up-to-date on your new company.
Put TELA on a watchlist to get notified of the latest news about your TELA stock.
TELA Feed
How to Buy Stock in Tela Bio
To summarize, here are the 6 steps for buying Tela Bio stock:
- Decide where to buy Tela Bio stock
- Create a brokerage account
- Deposit money your investment account
- Research Tela Bio stock
- Make your TELA purchase
- Watch your TELA position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Tela Bio, click the button below.
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