How to Buy Bimi Holdings Stock
Bimi Holdings Inc
BIMI International Medical Inc. , together with its subsidiaries, engages in the retail and wholesale distribution of medical devices, and pharmaceutical and other healthcare products in the People's Republic of China.
Bimi Holdings stock last closed at $1.19, up 1.71% from the previous day, and has increased 4.39% in one year. It has overperformed other stocks in the Pharmaceutical Retailers industry by 0.59 percentage points. Bimi Holdings stock is currently +54.15% from its 52-week low of $0.77, and -71.19% from its 52-week high of $4.13.
At the moment, there are 11.59M shares of BIMI outstanding. The market cap of BIMI is $13.79M. In the last 24 hours, 59,951 BIMI shares were traded.
How to Buy Bimi Holdings Stock
Not sure how to invest in Bimi Holdings stock? Here's how.
- Choose where to buy Bimi Holdings stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Bimi Holdings stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your payment method and add your info.
- Analyze Bimi Holdings stock: The Bimi Holdings ticker symbol is BIMI. Is Bimi Holdings stock a good investment? Should you buy shares of BIMI? How do BIMI's underlying business fundamentals look? Do top analysts think Bimi Holdings is a good buy? Why has BIMI's stock price moved recently? (Hint: Our stock research tools can help you decide if BIMI is a good stock to buy).
- Make your BIMI trade: Decide if you will purchase BIMI shares at the current market price or use a limit order to buy BIMI shares at a specific price.
- Get key alerts regarding your BIMI investment: Create a watchlist to get live updates on your investment in Bimi Holdings stock.
Step 1: Choose where to buy Bimi Holdings stock
You will need a brokerage account in order to access the NASDAQ market and buy BIMI shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you can invest in BIMI 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 data to create your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the best free stock trading app, you need to deposit funds:
Check out the video below if you need help transferring money into your new investment account.
Step 4: Analyze Bimi Holdings stock
Once you have selected the best place to buy Bimi Holdings stock, it's crucial to research their stock prior to investing, so you actually understand the risk as well as the opportunity.
Bimi Holdings stock quick numbers
BIMI Overview
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BIMI's stock page.
Is BIMI stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge BIMI's intrinsic value.
Using relative valuations measures:
- BIMI could be overvalued based on its P/B ratio of 1.58x, relative to Pharmaceutical Retailers industry P/B ratio of 1.15x
You can access additional valuation analysis on BIMI's stock here.
BIMI Financials at a glance
Positive Financial Indicators:
- BIMI has $994.13k in cash and short term investments. This is enough to cover its annual cash burn of $2.16M.
- There are more short-term assets than long-term liabilities on the BIMI balance sheet.
- There are more short-term assets than short-term liabilities on the BIMI balance sheet.
Negative Financial Indicators:
- BIMI profit margin has gone up by 4.01 percentage points in the past year, but the company is still unprofitable.
- Total BIMI debt is higher than 5 years ago, relative to shareholder equity.
- BIMI has a relatively high debt to equity ratio of 2.86.
- BIMI has cash burn of 2161466. It does not have sufficient cash and short-term investments to cover this.
Metrics for Advanced BIMI Traders
Is BIMI Growing Revenue?
Last year, BIMI revenue was $5.85M. In the past five year, BIMI's revenue has gone up by -2% per year. This was slower than the Pharmaceutical Retailers industry average of 3.25%.
Learn more about BIMI's earnings and revenue performance here.
Are BIMI insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at BIMI have bought more shares than they have sold.
Song Tiewei, CEO of BIMI, was the latest BIMI insider to sell. They sold $16,300.00 worth of BIMI shares on Feb 28, 2024.
Learn more about who owns BIMI stock here.
Can I rely on BIMI as an income stream?
No, Bimi Holdings doesn't provide an income stream by paying out dividends.
What do other traders have to say about BIMI?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your BIMI trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order 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 particular price, use a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your BIMI investment
Now that you own some BIMI shares, you'll want to keep up with your new shares.
Put BIMI on a watchlist to get notified of important updates regarding your BIMI stock.
BIMI Feed
How to Buy Stock in Bimi Holdings
To reiterate, here are the 6 steps for buying Bimi Holdings stock:
- Choose where to buy Bimi Holdings stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Bimi Holdings stock
- Make your BIMI trade
- Get key alerts regarding your BIMI investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Bimi Holdings, create a watchlist on WallStreetZen today.
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