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How to Buy Bioaffinity Technologies Stock

Bioaffinity Technologies Inc

bioAffinity Technologies, Inc. , a biotechnology company, engages in developing non-invasive diagnostic tests and targeted cancer therapeutics.

Bioaffinity Technologies stock last closed at $2.41, down 1.63% from the previous day, and has increased 17.56% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.2 percentage points. Bioaffinity Technologies stock is currently +152.36% from its 52-week low of $0.96, and -33.43% from its 52-week high of $3.62.

There are currently 11.51M shares of BIAF outstanding. The market value of BIAF is $27.75M. In the last 24 hours, 112,094 BIAF shares were traded.

How to Buy Bioaffinity Technologies Stock

Wondering how to invest in Bioaffinity Technologies stock? Here's how.
  1. Figure out where to buy Bioaffinity Technologies stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Bioaffinity Technologies stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Pick your method of payment and add your information.
  4. Evaluate Bioaffinity Technologies stock: The Bioaffinity Technologies ticker symbol is BIAF. Is Bioaffinity Technologies stock a good investment? Should you buy shares of BIAF? How do BIAF's underlying business fundamentals look? Do top analysts think Bioaffinity Technologies is a good buy? Why has BIAF's stock price moved recently? (Hint: Our stock research tools can help you understand if BIAF is a good stock to buy).
  5. Make your BIAF trade: Decide if you will purchase BIAF shares at the current market price or use a limit order to buy BIAF shares at a particular price.
  6. Keep an eye on your BIAF position: Create a watchlist to important updates regarding your investment in Bioaffinity Technologies stock.

Step 1: Figure out where to buy Bioaffinity Technologies stock

You need an online brokerage account to access the NASDAQ market and buy BIAF stock.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal details so you can invest in BIAF today.

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  2. Provide your personal data to create your new brokerage account.
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Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on one of the best stock market apps, you need to deposit funds:

Watch this video walkthrough to see the process of depositing funds into your investment account.

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Step 4: Evaluate Bioaffinity Technologies stock

Once you have figured out the best place to buy Bioaffinity Technologies stock, it's critical to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.

Bioaffinity Technologies Numbers

BIAF Price
$2.41
1w %
-13.62%
1y %
17.56%
5y %
N/A
P/E
-2.65x
P/B
5.72x
P/S
8.31x
PEG
N/A
Revenue
$2.53M
Earnings
-$7.94M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$27.75M
Next Earnings
May 13, 2024
Next Dividend
N/A

Bioaffinity Technologies Fundamentals

WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on BIAF's stock page.

What is the fair value of BIAF stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge BIAF's intrinsic value.

Using relative valuations methods:

  • BIAF may be overvalued based on its P/B ratio of 5.72x, relative to Diagnostics & Research industry P/B ratio of 4.15x

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

BIAF Financial Overview

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the BIAF balance sheet.
  • There are more short-term assets than short-term liabilities on the BIAF balance sheet.

Negative Financial Indicators:

  • BIAF has a relatively high debt to equity ratio of 0.69.
  • BIAF has $2.82M in cash and short term investments. This is not enough to cover its annual cash burn of $6.06M.
  • BIAF has cash burn of 6060708. It does not have enough cash and short-term investments to cover this.
  • BIAF profit margin has gone up by 1,694.58 percentage points in the past year, but the company is still unprofitable.

Metrics for Advanced BIAF Traders

SMA10
2.69
SMA20
2.54
SMA50
2.16
SMA100
1.85
SMA200
1.7
MACD
0.14
MACD Signal
0.18
MACD Histogram
-0.04
RSI
49.02
Stochastic %K
23.97
Stochastic %D
45.99
StochRSI %K
0
StochRSI %D
28.59

How is BIAF performing as a company?

Last year, BIAF revenue was $2.53M. In the past 1 years, BIAF's revenue has grown by 52,627.44% per year. This was faster than the Diagnostics & Research industry average of 12.38%.

You can research BIAF's earnings and revenue performance here.

Are BIAF executives and large shareholders buying or selling the stock?

In the last 12 months, insiders at BIAF have bought more shares than they have sold.

Maria Zannes, President CEO of BIAF, was the latest BIAF insider to sell. They sold $74,899.60 worth of BIAF stock on Apr 8, 2024.

Get more info about who owns BIAF shares here.

Can I get consistent income from BIAF stock?

No, Bioaffinity Technologies doesn't provide an income stream by paying out dividends.

What do other investors have to say about BIAF?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your BIAF 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 available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Keep an eye on your BIAF position

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

Create a watchlist to see the latest developments about your BIAF stock.

BIAF Feed

How to Buy Stock in Bioaffinity Technologies

To reiterate, here are the 6 steps to buy stock in Bioaffinity Technologies:

  1. Figure out where to buy Bioaffinity Technologies stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Bioaffinity Technologies stock
  5. Make your BIAF trade
  6. Keep an eye on your BIAF position

If you need a online brokerage, eToro is our recommended venue.

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If you would like to get updates on your new investment in Bioaffinity Technologies, click below.

NASDAQ: BIAF
$2.41-0.04 (-1.63%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: BIAF
$2.41-0.04 (-1.63%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bioaffinity Technologies share?

As of Apr 25, 2024, it costs $2.41 to buy one share of Bioaffinity Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.415 shares of BIAF.

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.

What is the best way to buy Bioaffinity Technologies stock?

One way to place an order for Bioaffinity Technologies 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.