How to Buy Anixa Biosciences Stock
Anixa Biosciences Inc
Anixa Biosciences, Inc. , a biotechnology company, develops therapies and vaccines focusing on critical unmet needs in oncology and infectious diseases.
Anixa Biosciences stock last closed at $2.98, down 6.29% from the previous day, and has decreased 35.5% in one year. It has underperformed other stocks in the Biotechnology industry by 0.12 percentage points. Anixa Biosciences stock is currently +8.36% from its 52-week low of $2.75, and -41.91% from its 52-week high of $5.13.
There are currently 31.9M shares of ANIX outstanding. The market cap of ANIX is $95.06M. In the last 24 hours, 250,128 ANIX shares were traded.
How to Buy Anixa Biosciences Stock
Wondering how to invest in Anixa Biosciences stock? Here's how.
- Decide where to buy Anixa Biosciences stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Anixa Biosciences stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your payment method and add your info.
- Analyze Anixa Biosciences stock: The Anixa Biosciences ticker symbol is ANIX. Is Anixa Biosciences stock a good investment? Should you buy shares of ANIX? How do ANIX's underlying business fundamentals look? Do top analysts think Anixa Biosciences is a good buy? Why has ANIX's stock price moved recently? (Hint: Our stock research website can help you figure out if ANIX is a good stock to buy).
- Make your ANIX buy order: Decide if you will purchase ANIX shares at the current market price or use a limit order to purchase ANIX stock at a specific price.
- Track your ANIX position: Create a watchlist to important updates regarding your new investment in Anixa Biosciences shares.
Step 1: Decide where to buy Anixa Biosciences stock
You will need an online brokerage account to access the NASDAQ market and buy ANIX stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to buy ANIX 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 info to open your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on the best stock app for beginners, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Analyze Anixa Biosciences stock
Once you have figured out the best place to buy Anixa Biosciences stock, it's very important to analyze their stock prior to buying, so you can comprehend the risk as well as the upside.
Anixa Biosciences stock at a glance
Fundamentals of ANIX
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on ANIX's stock page.
What is the fair value of ANIX stock?
Analysts use many financial metrics, analyses, models, and charts to gauge ANIX's true value.
Using relative valuations metrics:
- ANIX could be undervalued based on its P/B ratio of 3.86x, relative to Biotechnology industry P/B ratio of 5.8x
You can access additional valuation research on ANIX's stock here.
A quick look at ANIX Financials
Passed Financial Due Diligence Checks:
- ANIX has $23.80M in cash and short term investments. This is enough to cover its annual cash burn of $6.53M.
- ANIX has a low debt to equity ratio of 0.07.
- Total ANIX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ANIX balance sheet.
- There are more short-term assets than short-term liabilities on the ANIX balance sheet.
- ANIX has cash burn of 6530000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- ANIX profit margin has gone down from N/A to -5,116.2% in the past year.
Is it a good time to buy ANIX stock, according to analysts?
Out of 1 Equities analysts who give forecasts on ANIX, the consensus analyst rating on ANIX is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Anixa Biosciences stock forecast page.
ANIX Momentum
How are ANIX Revenues/Earnings doing?
Last year, ANIX revenue was $210.00k. During the last 5 year, ANIX's revenue has increased by -28.36% per year. This was slower than the Biotechnology industry average of 28.62%.
Dig into ANIX's earnings and revenue performance here.
What are ANIX executives and large shareholders up to?
Over the past 12 months, executives and large shareholders at ANIX have bought more shares than they have sold.
Lewis H. Titterton Jr., Director of ANIX, was the latest ANIX insider to buy. They bought $49,229.52 worth of ANIX stock on Apr 9, 2024.
Learn more about who owns ANIX stock here.
Does ANIX provide a stable income stream?
No, Anixa Biosciences doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Make your ANIX buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, use a limit order.
Press the Open button and your broker will place your order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Track your ANIX position
Now that you own some ANIX shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to keep tabs on your ANIX stock.
ANIX Feed
How to Buy Stock in Anixa Biosciences
To summarize, here are the 6 steps you need to take to buy Anixa Biosciences stock right now:
- Decide where to buy Anixa Biosciences stock
- Open a brokerage account
- Put funds into your investment account
- Analyze Anixa Biosciences stock
- Make your ANIX buy order
- Track your ANIX position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your new investment in Anixa Biosciences, hit the button below to create your watchlist.
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