How to Buy Biomerica Stock
Biomerica Inc
Biomerica, Inc. , a biomedical technology company, develops, patents, manufactures, and markets diagnostic and therapeutic products for the detection and/or treatment of medical conditions and diseases worldwide.
Biomerica stock last closed at $3.68, down 4.19% from the previous day, and has decreased 36.53% in one year. It has underperformed other stocks in the Medical Devices industry by 0.18 percentage points. Biomerica stock is currently +90.48% from its 52-week low of $1.93, and -63.78% from its 52-week high of $10.16.
At the moment, there are 2.55M shares of BMRA outstanding. The market cap of BMRA is $9.37M. In the last 24 hours, 69,649 BMRA shares were traded.
How to Buy Biomerica Stock
Not sure how to invest in Biomerica stock? Here's how.
- Decide where to buy Biomerica stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Biomerica stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- Analyze Biomerica stock: The Biomerica ticker symbol is BMRA. Is Biomerica stock a good investment? Should you buy shares of BMRA? How do BMRA's underlying business fundamentals look? Do top analysts think Biomerica is a good buy? Why has BMRA's stock price moved recently? (Hint: Our stock analysis website can help you figure out if BMRA is a good stock to buy).
- Place your BMRA buy order: Decide if you will purchase BMRA shares at the current market price or use a limit order to buy BMRA shares at a particular price.
- Keep tabs on your BMRA investment: Create a watchlist to get the latest news on your investment in Biomerica shares.
Step 1: Decide where to buy Biomerica stock
You need a brokerage account to access the NASDAQ market and buy BMRA stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can invest in BMRA 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.
- Enter your personal info to open a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on app for stock, your next step is to transfer the money for your investment:
Watch the tutorial below for more details transferring money into your investment account.
Step 4: Analyze Biomerica stock
After you have decided on the best place to buy Biomerica stock, it's absolutely critical to analyze their stock before you invest, so you actually comprehend the risk and upside.
Biomerica Numbers
BMRA Due Diligence Checks
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 BMRA's stock page.
Is BMRA stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge BMRA's true value.
Using relative valuations ratios:
- BMRA could be undervalued based on its P/B ratio of 1.69x, relative to Medical Devices industry P/B ratio of 3.74x
You can do additional valuation analysis on BMRA's stock here.
A quick look at BMRA Financials
Positive Financial Indicators:
- BMRA has $3.06M in cash and short term investments. This is enough to cover its annual cash burn of $4.25M.
- BMRA has a low debt to equity ratio of 0.33.
- There are more short-term assets than long-term liabilities on the BMRA balance sheet.
- Total BMRA debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the BMRA balance sheet.
Negative Financial Indicators:
- BMRA profit margin has gone up by 0.32 percentage points in the past year, but the company is still unprofitable.
- BMRA has cash burn of 4248000. It does not have sufficient cash and short-term investments to cover this.
Metrics for Advanced BMRA Traders
BMRA Performance Metrics
Last year, BMRA revenue was $5.68M. Over the last five year, BMRA's revenue has grown by 2.04% per year. This was slower than the Medical Devices industry average of 9.8%.
You can research BMRA's earnings and revenue performance here.
Latest Insiders Trades at BMRA
Over the past year, insiders at BMRA have bought more shares than they have sold.
Allen Barbieri, Executive Vice Chairman of BMRA, was the latest BMRA insider to buy. They bought $34,100.00 worth of BMRA shares on Dec 13, 2024.
Learn more about who owns BMRA shares here.
Can I rely on BMRA as an income stream?
No, Biomerica doesn't provide an income stream by paying out dividends.
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Step 5: Place your BMRA buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and your broker will execute the order.
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Step 6: Keep tabs on your BMRA investment
Now that you own some BMRA shares, you'll want to stay up-to-date on your shares.
Put BMRA on a watchlist to get notified of important updates regarding your BMRA stock.
BMRA Feed
How to Buy Stock in Biomerica
To reiterate, here are the 6 steps to buy stock in Biomerica:
- Decide where to buy Biomerica stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Analyze Biomerica stock
- Place your BMRA buy order
- Keep tabs on your BMRA investment
If you need a brokerage, eToro is our favorite venue.
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