How to buy TransEnterix stock | 0.42

TransEnterix, Inc is a medical devices business based in the US. TransEnterix shares (TRXC) are listed on the NYSE MKT and all prices are listed in US Dollars. TransEnterix employs 160 staff and has a trailing 12-month revenue of around USD$2.8 million.

How to buy shares in TransEnterix

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for TransEnterix. Find the stock by name or ticker symbol: TRXC. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until TransEnterix reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$0.42, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of TransEnterix, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of TransEnterix. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted TransEnterix's share price?

Since the stock market crash in March caused by coronavirus, TransEnterix's share price has had significant negative movement.

Its last market close was USD$0.42, which is 65.29% down on its pre-crash value of USD$1.21 and 50.00% up on the lowest point reached during the March crash when the shares fell as low as USD$0.28.

If you had bought USD$1,000 worth of TransEnterix shares at the start of February 2020, those shares would have been worth USD$246.03 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$333.33.

TransEnterix share price

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

TransEnterix shares at a glance

• Key figures

Information last updated 2020-11-23.

Latest market close	USD$0.42
52-week range	USD$0.28 - USD$2.9055
50-day moving average	USD$0.4006
200-day moving average	USD$0.43
Wall St. target price	USD$1.45
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-0.338

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Is it a good time to buy TransEnterix 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.

Technical Analysis of TransEnterix, Inc by TradingView

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.

TransEnterix price performance over time

Historical closes compared with the close of $0.42 from 2020-11-16

1 week (2020-11-19)	N/A
1 month (2020-10-30)	16.67%
3 months (2020-08-26)	N/A
6 months (2020-05-26)	N/A

1 year (2019-11-26)	N/A
2 years (2018-11-26)	N/A
3 years (2017-11-26)	N/A
5 years (2015-11-26)	N/A

TransEnterix financials

Revenue TTM	USD$2.8 million
Gross profit TTM	USD$-4,792,000
Return on assets TTM	-44.58%
Return on equity TTM	-94.1%
Profit margin	0%
Book value	$0.622
Market capitalisation	USD$43 million

TTM: trailing 12 months

Shorting TransEnterix shares

There are currently 5.1 million TransEnterix shares held short by investors – that's known as TransEnterix's "short interest". This figure is 20% up from 4.3 million last month.

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

TransEnterix's "short interest ratio" (SIR)

TransEnterix's "short interest ratio" (SIR) is the quantity of TransEnterix shares currently shorted divided by the average quantity of TransEnterix shares traded daily (recently around 2.3 million). TransEnterix's SIR currently stands at 2.24. In other words for every 100,000 TransEnterix shares traded daily on the market, roughly 2240 shares are currently held short.

However TransEnterix's short interest can also be evaluated against the total number of TransEnterix shares, or, against the total number of tradable TransEnterix shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TransEnterix's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 TransEnterix shares in existence, roughly 50 shares are currently held short) or 0.0516% of the tradable shares (for every 100,000 tradable TransEnterix shares, roughly 52 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 TransEnterix.

Find out more about how you can short TransEnterix stock.

TransEnterix share dividends

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

Have TransEnterix's shares ever split?

TransEnterix's shares were split on a 1:13 basis on 12 December 2019. So if you had owned 13 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your TransEnterix shares – just the quantity. However, indirectly, the new 1200% higher share price could have impacted the market appetite for TransEnterix shares which in turn could have impacted TransEnterix's share price.

TransEnterix share price volatility

Over the last 12 months, TransEnterix's shares have ranged in value from as little as $0.28 up to $2.9055. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while TransEnterix's is 2.4216. This would suggest that TransEnterix's shares are significantly more volatile than the average for this exchange and represent a higher risk.

TransEnterix overview

TransEnterix, Inc., a medical device company, engages in the research, development, and sale of medical device robotics to enhance minimally invasive surgery. The company's products include Senhance System, a multi-port robotic surgery system that allows multiple robotic arms to control instruments and a camera; and SurgiBot System, a single-port system robotically enhanced laparoscopic surgical platform. It offers its products directly and through distributors in Europe, the United States, Japan, Taiwan, and other select countries. The company was founded in 2006 and is based in Morrisville, North Carolina.

Frequently asked questions

• What percentage of TransEnterix is owned by insiders or institutions?

  Currently 4.05% of TransEnterix shares are held by insiders and 25.179% by institutions.

• How many people work for TransEnterix?

  Latest data suggests 160 work at TransEnterix.

• When does the fiscal year end for TransEnterix?

  TransEnterix's fiscal year ends in December.

• Where is TransEnterix based?

  TransEnterix's address is: 635 Davis Drive, Morrisville, NC, United States, 27560

• What is TransEnterix's ISIN number?

  TransEnterix's international securities identification number is: US89366M3007

• What is TransEnterix's CUSIP number?

  TransEnterix's Committee on Uniform Securities Identification Procedures number is: 151167103