How to Buy 23andme Holding Co Stock
23andme Holding Co
23andMe Holding Co. operates as a consumer genetics testing company. It operates through two segments, Consumer & Research Services and Therapeutics.
23andme Holding Co stock last closed at $0.46, down 4.76% from the previous day, and has decreased 77% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.68 percentage points. 23andme Holding Co stock is currently +31.43% from its 52-week low of $0.35, and -79.19% from its 52-week high of $2.21.
There are currently 482.92M shares of ME outstanding. The market capitalization of ME is $222.14M. In the last 24 hours, 5.73M ME shares were traded.
How to Buy 23andme Holding Co Stock
Not sure how to invest in 23andme Holding Co stock? Here's how.
- Figure out where to buy 23andme Holding Co stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy 23andme Holding Co stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your details.
- Analyze 23andme Holding Co stock: The 23andme Holding Co ticker symbol is ME. Is 23andme Holding Co stock a good investment? Should you buy shares of ME? How do ME's underlying business fundamentals look? Do top analysts think 23andme Holding Co is a good buy? Why has ME's stock price moved recently? (Hint: Our stock research tools can help you figure out if ME is a good stock to buy).
- Make your ME purchase: Decide if you will purchase ME shares at the current market price or use a limit order to purchase ME stock at a specific price.
- Get updates on your investment in ME: Create a watchlist to monitor your new investment in 23andme Holding Co stock.
Step 1: Figure out where to buy 23andme Holding Co stock
You need an online brokerage account in order to access the NASDAQ market and buy ME stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you can buy ME today.
How to Set Up a New Investment 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.
- Input your personal data to start your new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on a good online stock trading app, you can securely and quickly fund your account:
Watch the video below to see the process of depositing funds into your new brokerage account.
Step 4: Analyze 23andme Holding Co stock
After you have selected the best place to buy 23andme Holding Co stock, it's very important to research their stock before you invest, so you can wrap your head around the risk and upside.
23andme Holding Co quick stats
23andme Holding Co Overview
WallStreetZen was built to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on ME's stock page.
Is ME stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ME's intrinsic value.
Using relative valuations metrics:
- ME could be undervalued based on its P/B ratio of 0.59x, relative to Diagnostics & Research industry P/B ratio of 4.05x
You can do additional valuation analysis on ME's stock here.
ME Financial Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the ME balance sheet.
- There are more short-term assets than short-term liabilities on the ME balance sheet.
- ME has cash burn of 194264000. It has sufficient cash and short-term investments to cover this for at least one year.
- ME has $243.82M in cash and short term investments. This is enough to cover its annual cash burn of $194.26M.
Negative Health Checks:
- ME profit margin has gone down from -103.1% to -210.5% in the past year.
- ME has a relatively high debt to equity ratio of 0.61.
Is it a good time to buy 23andme Holding Co stock, according to analysts?
Out of 1 Wall Street analysts who give ratings on ME, the consensus analyst rating on 23andme Holding Co is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the 23andme Holding Co stock forecast page.
ME Technical Indicators
ME Earnings
Last year, ME revenue was $247.99M. During the past two year, ME's revenue has gone up by -2.32% per year. This was slower than the Diagnostics & Research industry average of 13.14%.
Learn more about ME's earnings and revenue performance here.
Are ME insiders buying or selling the stock?
Over the past year, executives and large shareholders at ME have bought more shares than they have sold.
Kathy L. Hibbs, Chief Administrative Officer of ME, was the latest ME insider to sell. They sold $18,156.11 worth of ME stock on Apr 18, 2024.
Get more info about who owns ME shares here.
Does ME provide a stable income stream?
No, 23andme Holding Co doesn't provide an income stream by paying out dividends.
ME Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your ME purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you require more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in ME
Now that you own some shares in ME, you'll want to stay up-to-date on your new investment.
Make a watchlist to get alerted to the latest events about your ME stock.
ME Feed
How to Buy Stock in 23andme Holding Co
To summarize, here are the 6 steps to buy stock in 23andme Holding Co:
- Figure out where to buy 23andme Holding Co stock
- Create your brokerage account
- Fund your investment account
- Analyze 23andme Holding Co stock
- Make your ME purchase
- Get updates on your investment in ME
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in 23andme Holding Co, add ME to your watchlist below.
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