How to Buy Treace Medical Concepts Stock
Treace Medical Concepts Inc
Treace Medical Concepts, Inc. , an orthopedic medical device company, engages in the design, manufacture, and marketing of medical devices for foot and ankle surgeons in the United States.
Treace Medical Concepts stock last closed at $10.97, down 2.66% from the previous day, and has decreased 57.63% in one year. It has underperformed other stocks in the Medical Devices industry by 0.39 percentage points. Treace Medical Concepts stock is currently +108.16% from its 52-week low of $5.27, and -60.4% from its 52-week high of $27.70.
At the moment, there are 61.76M shares of TMCI outstanding. The market capitalization of TMCI is $677.45M. In the past 24 hours, 380,508 TMCI shares were traded.
How to Buy Treace Medical Concepts Stock
Wondering how to invest in Treace Medical Concepts stock? Here's how.
- Decide where to buy Treace Medical Concepts stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Treace Medical Concepts stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your information.
- Research Treace Medical Concepts stock: The Treace Medical Concepts ticker symbol is TMCI. Is Treace Medical Concepts stock a good investment? Should you buy shares of TMCI? How do TMCI's underlying business fundamentals look? Do top analysts think Treace Medical Concepts is a good buy? Why has TMCI's stock price moved recently? (Hint: Our stock research website can help you evaluate if TMCI is a good stock to buy).
- Execute your TMCI buy order: Decide if you will purchase TMCI shares at the current market price or use a limit order to buy TMCI stock at a given price.
- Get the latest scoop on your investment in TMCI: Create a watchlist to watch your position in Treace Medical Concepts stock.
Step 1: Decide where to buy Treace Medical Concepts stock
You will need a brokerage account to access the NASDAQ market and buy TMCI shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you are able to buy TMCI today.
How to Set Up 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.
- Provide your personal details to create a new trading account.
- Submit your data by hitting 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 a investment app, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing money into your new investment account.
Step 4: Research Treace Medical Concepts stock
Once you have selected the best place to buy Treace Medical Concepts stock, it's important to research their stock prior to investing, so you truly wrap your head around the risk and upside.
Treace Medical Concepts Numbers
Fundamentals of Treace Medical Concepts
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TMCI's stock page.
Is TMCI stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TMCI's true value.
Using relative valuations ratios:
- TMCI may be overvalued based on its P/B ratio of 4.91x, relative to Medical Devices industry P/B ratio of 3.63x
You can access more valuation research on TMCI's stock here.
TMCI Financial Health Overview
Pros:
- TMCI has cash burn of 46033000. 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 TMCI balance sheet.
- There are more short-term assets than short-term liabilities on the TMCI balance sheet.
Cons:
- TMCI profit margin has gone up by 0.04 percentage points in the past year, but the company is still unprofitable.
- TMCI has $123.20M in cash and short term investments. This is not enough to cover its annual cash burn of $46.03M.
- TMCI has a relatively high debt to equity ratio of 0.83.
Is it a good time to buy TMCI stock, according to Wall Street analysts?
Out of 3 sell side analysts who monitor TMCI, the consensus analyst rating on TMCI is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Treace Medical Concepts stock forecast page.
TMCI Technicals
How are TMCI Revenues/Earnings doing?
Last year, TMCI revenue was $187.12M. Over the past four year, TMCI's revenue has grown by 47.61% per year. This was faster than the Medical Devices industry average of 13.38%.
Learn more about TMCI's earnings and revenue performance here.
Are TMCI executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at TMCI have sold more shares than they have bought.
F. Barry Bays, was the latest TMCI insider to sell. They sold $27,631,850.18 worth of TMCI shares on Jun 5, 2023.
Learn more about who owns TMCI stock here.
Can I get consistent income from TMCI stock?
No, Treace Medical Concepts doesn't provide an income stream by paying out dividends.
What do other investors have to say about TMCI?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your TMCI buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - 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 an exact price limit, use a limit order.
Hit the Open button and your broker will place your order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in TMCI
Now that you own some shares in TMCI, you'll want to stay up-to-date on your investment.
Create a watchlist to track your TMCI stock.
TMCI Feed
How to Buy Stock in Treace Medical Concepts
To reiterate, here are the 6 steps to buy Treace Medical Concepts stock:
- Decide where to buy Treace Medical Concepts stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research Treace Medical Concepts stock
- Execute your TMCI buy order
- Get the latest scoop on your investment in TMCI
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Treace Medical Concepts, add TMCI to your watchlist by clicking the button below.
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