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How to buy Profound Medical stock

Own Profound Medical stock in just a few minutes.

Profound Medical Corp is a medical devices business based in the US. Profound Medical shares (PROF) are listed on the NASDAQ and all prices are listed in US Dollars. Profound Medical employs 109 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Profound Medical

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PROF – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Profound Medical share price

Use our graph to track the performance of PROF stocks over time.

Profound Medical shares at a glance

Information last updated 2021-03-10.
52-week range$6.53 - $28.97
50-day moving average $25.06
200-day moving average $19.99
Wall St. target priceN/A
PE ratio 73.6763
Dividend yield N/A (0%)
Earnings per share (TTM) $-1.82

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Profound Medical stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Profound Medical under- or over-valued?

Valuing Profound Medical stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Profound Medical's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Profound Medical's P/E ratio

Profound Medical's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 74x. In other words, Profound Medical shares trade at around 74x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Profound Medical financials

Revenue TTM $7.3 million
Gross profit TTM $3.5 million
Return on assets TTM -17.51%
Return on equity TTM -38.71%
Profit margin -296.03%
Book value N/A
Market capitalisation $457.4 million

TTM: trailing 12 months

Shorting Profound Medical shares

There are currently 327,079 Profound Medical shares held short by investors – that's known as Profound Medical's "short interest". This figure is 1.3% up from 322,880 last month.

There are a few different ways that this level of interest in shorting Profound Medical shares can be evaluated.

Profound Medical's "short interest ratio" (SIR)

Profound Medical's "short interest ratio" (SIR) is the quantity of Profound Medical shares currently shorted divided by the average quantity of Profound Medical shares traded daily (recently around 95358.309037901). Profound Medical's SIR currently stands at 3.43. In other words for every 100,000 Profound Medical shares traded daily on the market, roughly 3430 shares are currently held short.

However Profound Medical's short interest can also be evaluated against the total number of Profound Medical shares, or, against the total number of tradable Profound Medical shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Profound Medical's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Profound Medical shares in existence, roughly 20 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Profound Medical shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Profound Medical.

Find out more about how you can short Profound Medical stock.

Profound Medical share dividends

We're not expecting Profound Medical to pay a dividend over the next 12 months.

Profound Medical share price volatility

Over the last 12 months, Profound Medical's shares have ranged in value from as little as $6.53 up to $28.97. A popular way to gauge a stock's volatility is its "beta".

PROF.US volatility(beta: 1.65)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Profound Medical's is 1.6473. This would suggest that Profound Medical's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Profound Medical overview

Profound Medical Corp. operates as a medical technology company develops magnetic resonance guided ablation procedures for treatment of prostate disease, uterine fibroids, and palliative pain treatment in Canada, Germany, and Finland. Its lead product TULSA-PRO system used for magnetic resonance imaging scanner in hospitals and treatment facilities. The company also offers Sonalleve, a therapeutic platform for the treatment of uterine fibroids and palliative pain treatment of bone metastases, as well as non-invasive treatment of uterine fibroids. Profound Medical Corp. has a co-development agreement with GE Healthcare to expand provider access to TULSA-PRO. Profound Medical Corp.

Frequently asked questions

What percentage of Profound Medical is owned by insiders or institutions?
Currently 1.924% of Profound Medical shares are held by insiders and 47.093% by institutions.
How many people work for Profound Medical?
Latest data suggests 109 work at Profound Medical.
When does the fiscal year end for Profound Medical?
Profound Medical's fiscal year ends in December.
Where is Profound Medical based?
Profound Medical's address is: 2400 Skymark Avenue, Mississauga, ON, Canada, L4W 5K5
What is Profound Medical's ISIN number?
Profound Medical's international securities identification number is: CA74319B5027
What is Profound Medical's CUSIP number?
Profound Medical's Committee on Uniform Securities Identification Procedures number is: 74319B502

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