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How to Buy Avenue Therapeutics Stock

Avenue Therapeutics Inc

Avenue Therapeutics, Inc. , a specialty pharmaceutical company, develops and commercializes products primarily for use in the acute/intensive care hospital setting.

Avenue Therapeutics stock last closed at $0.13, up 3.08% from the previous day, and has decreased 86.24% in one year. It has underperformed other stocks in the Biotechnology industry by 0.63 percentage points. Avenue Therapeutics stock is currently +18.58% from its 52-week low of $0.11, and -89.28% from its 52-week high of $1.25.

There are currently 44.26M ATXI shares outstanding. The market cap of ATXI is $5.93M. In the last 24 hours, 281,065 ATXI shares were traded.

How to Buy Avenue Therapeutics Stock

Not sure how to invest in Avenue Therapeutics stock? Here's how.
  1. Choose where to buy Avenue Therapeutics stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Avenue Therapeutics stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your method of payment and add your details.
  4. Analyze Avenue Therapeutics stock: The Avenue Therapeutics ticker symbol is ATXI. Is Avenue Therapeutics stock a good investment? Should you buy shares of ATXI? How do ATXI's underlying business fundamentals look? Do top analysts think Avenue Therapeutics is a good buy? Why has ATXI's stock price moved recently? (Hint: Our stock research tools can help you evaluate if ATXI is a good stock to buy).
  5. Place your ATXI trade: Decide if you will purchase ATXI shares at the current market price or use a limit order to purchase ATXI stock at a specific price.
  6. Get the latest scoop on your ATXI investment: Create a watchlist to get live updates on your investment in Avenue Therapeutics shares.

Step 1: Choose where to buy Avenue Therapeutics stock

You will need a brokerage account to access the NASDAQ market and buy ATXI stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in ATXI stock today.

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  1. Submit your information by hitting the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have finished signing up on the best stock investing app, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help transferring funds into your brokerage account.

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Step 4: Analyze Avenue Therapeutics stock

After you have selected the best place to buy Avenue Therapeutics stock, it's crucial to evaluate their stock before you buy, so you actually comprehend the risk and opportunity.

Avenue Therapeutics stock quick numbers

ATXI Price
$0.13
1w %
1.52%
1y %
-86.24%
5y %
-99.8%
P/E
-0.14x
P/B
3.75x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$10.38M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$5.93M
Next Earnings
May 10, 2024
Next Dividend
N/A

Avenue Therapeutics Overview

WallStreetZen was created to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on ATXI's stock page.

How is ATXI stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge ATXI's true value.

Using relative valuations ratios:

  • ATXI could be undervalued based on its P/B ratio of 3.75x, relative to Biotechnology industry P/B ratio of 5.93x

You can access more valuation analysis on ATXI's stock here.

ATXI Financial Health

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the ATXI balance sheet.
  • Total ATXI debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the ATXI balance sheet.

Failed Health Checks:

  • ATXI has cash burn of 9451000. It does not have sufficient cash and short-term investments to cover this.
  • ATXI has a relatively high debt to equity ratio of 0.76.
  • ATXI has $1.78M in cash and short term investments. This is not enough to cover its annual cash burn of $9.45M.

Is Avenue Therapeutics stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 sell side analysts who monitor ATXI, the consensus analyst rating on Avenue Therapeutics is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Avenue Therapeutics stock forecast page.

ATXI Momentum

SMA10
0.13
SMA20
0.14
SMA50
0.15
SMA100
0.16
SMA200
0.43
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
0
RSI
41.94
Stochastic %K
40.01
Stochastic %D
40.52
StochRSI %K
42.25
StochRSI %D
42.99

What are ATXI executives and large shareholders up to?

In the past year, executives and large shareholders at ATXI have bought more shares than they have sold.

Robert L. Davidow, 10% Owner of ATXI, was the latest ATXI insider to sell. They sold $2,800.00 worth of ATXI shares on Dec 11, 2023.

Get more info about who owns ATXI shares here.

Can I get consistent income from ATXI stock?

No, Avenue Therapeutics doesn't provide an income stream by paying out dividends.

ATXI Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your ATXI trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price, use a limit order.

Press the Open button and eToro will place the order.

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Step 6: Get the latest scoop on your ATXI investment

Now that you own some shares in ATXI, you'll want to stay up-to-date on your company.

Put ATXI on a watchlist to get notified of the latest news about your ATXI stock.

ATXI Feed

How to Buy Stock in Avenue Therapeutics

To reiterate, here are the 6 steps for buying Avenue Therapeutics stock:

  1. Choose where to buy Avenue Therapeutics stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Avenue Therapeutics stock
  5. Place your ATXI trade
  6. Get the latest scoop on your ATXI investment

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in Avenue Therapeutics, create your watchlist below.

NASDAQ: ATXI
$0.13+0.00 (+3.08%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: ATXI
$0.13+0.00 (+3.08%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Avenue Therapeutics share?

As of Apr 23, 2024, it costs $0.13 to buy one share of Avenue Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.07, you can buy 0.5 shares of ATXI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Avenue Therapeutics stock?

According to 1 Wall Street analysts who monitor Avenue Therapeutics, their consensus recommendation is to buy Avenue Therapeutics stock.

What is the best way to buy Avenue Therapeutics stock?

One way to place an order for Avenue Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.