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 $3.52, down 0.28% from the previous day, and has decreased 74.93% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.53 percentage points. 23andme Holding Co stock is currently +32.58% from its 52-week low of $2.66, and -78.69% from its 52-week high of $16.52.
There are currently 26.12M shares of ME outstanding. The market capitalization of ME is $91.94M. In the last 24 hours, 75,321 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 0.9x, relative to Diagnostics & Research industry P/B ratio of 4.23x
You can do additional valuation analysis on ME's stock here.
ME Financial Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the ME balance sheet.
- There are more short-term assets than long-term liabilities on the ME balance sheet.
Negative Health Checks:
- ME has a relatively high debt to equity ratio of 2.13.
- ME has $128.10M in cash and short term investments. This is not enough to cover its annual cash burn of $130.06M.
- ME profit margin has gone down from -124.3% to -318.4% in the past year.
- ME has cash burn of 130059000. It does not have sufficient cash and short-term investments to cover this.
You can dig deeper into what analysts are projecting on the 23andme Holding Co stock forecast page.
ME Trading Indicators
ME Performance Metrics
Last year, ME revenue was $193.26M. Over the past 3 year, ME's revenue has grown by -63.2% per year. This was slower than the Diagnostics & Research industry average of 9.66%.
Find out more about ME's earnings and revenue performance here.
What are ME insiders up to?
In the past 12 months, executives and large shareholders at ME have bought more shares than they have sold.
Joseph Anthony Selsavage, Chief Financial Actng Ofcr of ME, was the latest ME insider to sell. They sold $16,628.85 worth of ME shares on Nov 20, 2024.
Get more info about who owns ME shares here.
Does ME stock generate passive income?
No, 23andme Holding Co doesn't provide an income stream by paying out dividends.
What others are saying about ME
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your ME purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in ME
Now that you own some ME shares, you'll want to keep up with your investment.
Create a watchlist to keep track of your ME stock.
ME Feed
How to Buy Stock in 23andme Holding Co
To summarize, here are the 6 steps you need to take to buy 23andme Holding Co stock right now:
- 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 brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in 23andme Holding Co, click the button below.
Other "How To" Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.