How to Buy Anavex Life Sciences Stock
Anavex Life Sciences Corp
Anavex Life Sciences Corp. , a clinical stage biopharmaceutical company, engages in the development of drug candidates for the treatment of central nervous system (CNS) diseases.
Anavex Life Sciences stock last closed at $3.85, up 2.39% from the previous day, and has decreased 53.84% in one year. It has underperformed other stocks in the Biotechnology industry by 0.36 percentage points. Anavex Life Sciences stock is currently +18.46% from its 52-week low of $3.25, and -63.16% from its 52-week high of $10.45.
As of May 3, 2024, there are 82.11M AVXL shares outstanding. The market cap of AVXL is $316.13M. In the past 24 hours, 872,165 AVXL shares were traded.
How to Buy Anavex Life Sciences Stock
Wondering how to invest in Anavex Life Sciences stock? Here's how.
- Figure out where to buy Anavex Life Sciences stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Anavex Life Sciences stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your information.
- Analyze Anavex Life Sciences stock: The Anavex Life Sciences ticker symbol is AVXL. Is Anavex Life Sciences stock a good investment? Should you buy shares of AVXL? How do AVXL's underlying business fundamentals look? Do top analysts think Anavex Life Sciences is a good buy? Why has AVXL's stock price moved recently? (Hint: Our stock research tools can help you figure out if AVXL is a good stock to buy).
- Place your AVXL purchase: Decide if you will purchase AVXL shares at the current market price or use a limit order to buy AVXL stock at a specific price.
- Get the latest news on your investment in AVXL: Create a watchlist to keep tabs on your position in Anavex Life Sciences shares.
Step 1: Figure out where to buy Anavex Life Sciences stock
You need a brokerage account in order to access the NASDAQ market and buy AVXL shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can invest in AVXL stock today.
How to Set Up 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 create a new brokerage account.
- Submit your application 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 stock market apps, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring funds into your brokerage account.
Step 4: Analyze Anavex Life Sciences stock
After you have decided on the best place to buy Anavex Life Sciences stock, it's important to evaluate their stock before you buy, so you can understand the risk and opportunity.
Anavex Life Sciences Numbers
AVXL Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on AVXL's stock page.
Is AVXL stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge AVXL's fair value.
Using relative valuations measures:
- AVXL may be undervalued based on its P/B ratio of 2.33x, relative to Biotechnology industry P/B ratio of 6.01x
You can access additional valuation analysis on AVXL's stock here.
Is AVXL a healthy company?
Signs that AVXL is financially healthy:
- Total AVXL debt is lower than 5 years ago, relative to shareholder equity.
- AVXL has $143.77M in cash and short term investments. This is sufficient to cover its annual cash burn of $29.31M.
- AVXL has cash burn of 29308743. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the AVXL balance sheet.
- There are more short-term assets than long-term liabilities on the AVXL balance sheet.
- AVXL has a low debt to equity ratio of 0.09.
Is it a good time to buy Anavex Life Sciences stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who track AVXL, the consensus analyst rating on AVXL is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Anavex Life Sciences stock forecast page.
AVXL Momentum
Latest Insiders Trades at AVXL
In the last year, insiders at AVXL have bought more shares than they have sold.
Christopher U. Missling, President and CEO of AVXL, was the latest AVXL insider to sell. They sold $374,971.80 worth of AVXL shares on Mar 28, 2024.
Dig into more about who owns AVXL stock here.
Can I get consistent income from AVXL stock?
No, Anavex Life Sciences doesn't provide an income stream by paying out dividends.
What others are saying about AVXL
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your AVXL purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your investment in AVXL
Now that you own some AVXL shares, you'll want to stay up-to-date on your new shares.
Start a watchlist to track the most important metrics related to your AVXL stock.
AVXL Feed
How to Buy Stock in Anavex Life Sciences
To summarize, here are the 6 steps to buy Anavex Life Sciences stock:
- Figure out where to buy Anavex Life Sciences stock
- Open a brokerage account
- Fund your investment account
- Analyze Anavex Life Sciences stock
- Place your AVXL purchase
- Get the latest news on your investment in AVXL
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Anavex Life Sciences, create a watchlist today.
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