How to Buy Beyond Air Stock
Beyond Air Inc
Beyond Air, Inc. operates as a commercial medical device and biopharmaceutical company. The company engages in the development of LungFit platform, a nitric oxide generator and delivery system.
Beyond Air stock last closed at $1.30, up 6.56% from the previous day, and has decreased 78% in one year. It has underperformed other stocks in the Medical Devices industry by 0.65 percentage points. Beyond Air stock is currently +22.64% from its 52-week low of $1.06, and -79.56% from its 52-week high of $6.36.
At the moment, there are 36.04M shares of XAIR outstanding. The market value of XAIR is $46.85M. In the last 24 hours, 326,733 XAIR shares were traded.
How to Buy Beyond Air Stock
Not sure how to invest in Beyond Air stock? Here's how.
- Decide where to buy Beyond Air stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Beyond Air stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your information.
- Analyze Beyond Air stock: The Beyond Air ticker symbol is XAIR. Is Beyond Air stock a good investment? Should you buy shares of XAIR? How do XAIR's underlying business fundamentals look? Do top analysts think Beyond Air is a good buy? Why has XAIR's stock price moved recently? (Hint: Our stock market research website can help you figure out if XAIR is a good stock to buy).
- Place your XAIR purchase: Decide if you will purchase XAIR shares at the current market price or use a limit order to purchase XAIR shares at a particular price.
- Get updates on your XAIR investment: Create a watchlist to keep tabs on your new investment in Beyond Air stock.
Step 1: Decide where to buy Beyond Air stock
You will need an online brokerage account in order to access the NASDAQ market and buy XAIR stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can buy XAIR today.
How to Open a New Brokerage 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 details to open a new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on our top ranked stock trading app, you need to deposit funds:
Watch the walkthrough below to see the process of transferring funds into your brokerage account.
Step 4: Analyze Beyond Air stock
Once you have selected the best place to buy Beyond Air stock, it's very important to evaluate their stock prior to investing, so you actually comprehend the risk and opportunity.
Beyond Air quick stats
Beyond Air Fundamentals
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on XAIR's stock page.
What is the fair value of XAIR stock?
Analysts use many financial metrics, analyses, models, and charts to gauge XAIR's intrinsic value.
Using relative valuations measures:
- XAIR could be undervalued based on its P/B ratio of 2.25x, relative to Medical Devices industry P/B ratio of 3.71x
You can do additional valuation analysis on XAIR's stock here.
How do XAIR Financials look?
Pros:
- There are more short-term assets than long-term liabilities on the XAIR balance sheet.
- There are more short-term assets than short-term liabilities on the XAIR balance sheet.
Cons:
- XAIR profit margin has gone down from N/A to -9,681% in the past year.
- XAIR has $31.49M in cash and short term investments. This is not sufficient to cover its annual cash burn of $59.56M.
- XAIR has a relatively high debt to equity ratio of 1.37.
- XAIR has cash burn of 59560000. It does not have enough cash and short-term investments to cover this.
- Total XAIR debt is higher than 5 years ago, relative to shareholder equity.
Is Beyond Air stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who track XAIR, the consensus analyst rating on Beyond Air is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Beyond Air stock forecast page.
Metrics for Advanced XAIR Traders
XAIR Revenue
Last year, XAIR revenue was $689.00k. During the last four year, XAIR's revenue has gone up by -47.84% per year. This was slower than the Medical Devices industry average of 13.09%.
You can research XAIR's earnings and revenue performance here.
Who is buying/selling XAIR?
Over the last year, executives and large shareholders at XAIR have bought more shares than they have sold.
Robert Carey, Director of XAIR, was the latest XAIR insider to buy. They bought $1,000,000.60 worth of XAIR shares on Mar 20, 2024.
Get more info about who owns XAIR stock here.
Does XAIR provide a stable income stream?
No, Beyond Air doesn't provide an income stream by paying out dividends.
XAIR Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your XAIR purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - 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 specific dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you need more assistance buying stocks on eToro, click the how to video below:
Step 6: Get updates on your XAIR investment
Now that you own some shares in XAIR, you'll want to stay up-to-date on your new company.
Start a watchlist to get alerted to the latest events about your XAIR stock.
XAIR Feed
How to Buy Stock in Beyond Air
To summarize, here are the 6 steps to buy Beyond Air stock:
- Decide where to buy Beyond Air stock
- Create your brokerage account
- Deposit money your investment account
- Analyze Beyond Air stock
- Place your XAIR purchase
- Get updates on your XAIR investment
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Beyond Air, add XAIR to your watchlist by clicking the button below.
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