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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 $4.63, down 2.73% from the previous day, and has decreased 52.85% in one year. It has underperformed other stocks in the Medical Devices industry by 0.31 percentage points. Tela Bio stock is currently +14.89% from its 52-week low of $4.03, and -57.29% from its 52-week high of $10.84.

As of Jul 17, 2024, there are 24.66M TELA shares outstanding. The market capitalization of TELA is $114.15M. In the past 24 hours, 197,608 TELA shares were traded.

How to Buy Tela Bio Stock

Not sure how to invest in Tela Bio stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

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.

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Step 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.

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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.

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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 Price
$4.63
1w %
2.66%
1y %
-52.85%
5y %
N/A
P/E
-2.77x
P/B
7.94x
P/S
1.8x
PEG
N/A
Revenue
$63.15M
Earnings
-$40.30M
Fore. Rev. Growth
24.66%
Fore. Earn. Growth
N/A
Market Cap
$114.15M
Next Earnings
Aug 7, 2024
Next Dividend
N/A

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 7.94x, relative to Medical Devices industry P/B ratio of 3.92x

You can access more valuation research on TELA's stock here.

A quick look at TELA Financials

Passed Financial Due Diligence Checks:

  • 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 $37.41M in cash and short term investments. This is not sufficient to cover its annual cash burn of $44.46M.
  • TELA profit margin has gone up by 0.37 percentage points in the past year, but the company is still unprofitable.
  • TELA has a relatively high debt to equity ratio of 3.99.
  • TELA has cash burn of 44455000. It does not have enough cash and short-term investments to cover this.

Is Tela Bio stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Wall Street analysts who give forecasts on TELA, the consensus analyst rating on TELA is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Tela Bio stock forecast page.

TELA Trading Indicators

SMA10
4.56
SMA20
4.8
SMA50
5.31
SMA100
5.37
SMA200
5.81
MACD
-0.19
MACD Signal
-0.22
MACD Histogram
0.03
RSI
43.79
Stochastic %K
45.76
Stochastic %D
50.78
StochRSI %K
73.48
StochRSI %D
81.71

Is TELA Making Money?

Last year, TELA revenue was $63.15M. In the last 4 year, TELA's revenue has gone up by 41.24% per year. This was faster than the Medical Devices industry average of 11.58%.

Learn more about TELA's earnings and revenue performance here.

Latest Insiders Trades at TELA

In the past year, executives and large shareholders at TELA have sold more shares than they have bought.

Orbimed Advisors LLC, 10% Owner of TELA, was the latest TELA insider to sell. They sold $166,164.00 worth of TELA stock on Jul 2, 2024.

Learn more about who owns TELA shares here.

Can I get consistent income from TELA stock?

No, Tela Bio doesn't provide an income stream by paying out dividends.

What do other traders have to say about TELA?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your TELA purchase

There are two main options:

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

Click the Open Trade button and eToro will execute the order.

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Step 6: Watch your TELA position

Now that you own some TELA shares, you'll want to keep up with your new investment.

Add TELA to a watchlist to get the latest updates about your TELA stock.

TELA Feed

How to Buy Stock in Tela Bio

To summarize, here are the 6 steps to buy Tela Bio stock:

  1. Decide where to buy Tela Bio stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Research Tela Bio stock
  5. Make your TELA purchase
  6. Watch your TELA position

If you are looking for a place to buy stocks, eToro is our recommended venue.

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If you want to keep tabs on your investment in Tela Bio, click the button below.

NASDAQ: TELA
$4.63-0.13 (-2.73%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: TELA
$4.63-0.13 (-2.73%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Tela Bio share?

As of Jul 17, 2024, it costs $4.63 to buy one share of Tela Bio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.432 shares of TELA.

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 Tela Bio stock?

According to 2 Wall Street analysts who monitor Tela Bio, their consensus recommendation is to buy Tela Bio stock.

What is the best way to buy Tela Bio stock?

One way to place an order for Tela Bio 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.