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How to Buy Biodesix Stock

Biodesix Inc

Biodesix, Inc. operates as a data-driven diagnostic solutions company in the United States.

Biodesix stock last closed at $1.53, down 3.48% from the previous day, and has decreased 25.97% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.26 percentage points. Biodesix stock is currently +48.06% from its 52-week low of $1.03, and -31.28% from its 52-week high of $2.22.

As of Feb 28, 2024, there are 90.48M shares of BDSX outstanding. The market capitalization of BDSX is $137.98M. In the past 24 hours, 37,991 BDSX shares were traded.

How to Buy Biodesix Stock

Not sure how to invest in Biodesix stock? Here's how.
  1. Decide where to buy Biodesix stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Biodesix stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your payment method and add your details.
  4. Evaluate Biodesix stock: The Biodesix ticker symbol is BDSX. Is Biodesix stock a good investment? Should you buy shares of BDSX? How do BDSX's underlying business fundamentals look? Do top analysts think Biodesix is a good buy? Why has BDSX's stock price moved recently? (Hint: Our stock analysis website can help you figure out if BDSX is a good stock to buy).
  5. Execute your BDSX purchase: Decide if you will purchase BDSX shares at the current market price or use a limit order to purchase BDSX stock at a particular price.
  6. Keep tabs on your investment in BDSX: Create a watchlist to watch your investment in Biodesix shares.

Step 1: Decide where to buy Biodesix stock

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

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy BDSX stock today.

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  1. Send your details by pressing the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've filled out your info on stock market apps, your next step is to transfer the money for your investment:

Watch the walkthrough below for more details depositing money into your new brokerage account.

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Step 4: Evaluate Biodesix stock

Once you have identified the best place to buy Biodesix stock, it's crucial to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.

Biodesix stock data

BDSX Price
$1.53
1w %
4.45%
1y %
-25.97%
5y %
N/A
P/E
-1.73x
P/B
-95.42x
P/S
2.76x
PEG
N/A
Revenue
$44.03M
Earnings
-$63.35M
Fore. Rev. Growth
42.62%
Fore. Earn. Growth
N/A
Market Cap
$137.98M
Next Earnings
Mar 1, 2024
Next Dividend
N/A

BDSX Fundamentals

WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.

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

How is BDSX stock valued?

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

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

BDSX Financial Summary

Failed Financial Due Diligence Checks:

  • Total BDSX debt is still negative.
  • There are more long-term liabilities than short-term assets on the BDSX balance sheet.
  • BDSX debt to equity ratio of -61.02 is negative.
  • BDSX has cash burn of 44583000. It does not have enough cash and short-term investments to cover this.
  • BDSX has $19.84M in cash and short term investments. This is not enough to cover its annual cash burn of $44.58M.
  • BDSX profit margin has gone up by 0.19 percentage points in the past year, but the company is still unprofitable.
  • There are more short-term liabilities than short-term assets on the BDSX balance sheet.

Is it a good time to buy Biodesix stock, according to analysts?

Out of 1 Wall Street analysts who monitor BDSX, the consensus analyst rating on BDSX is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Biodesix stock forecast page.

BDSX Technical Indicators

SMA10
1.53
SMA20
1.74
SMA50
1.82
SMA100
1.67
SMA200
1.53
MACD
-0.1
MACD Signal
-0.09
MACD Histogram
-0.02
RSI
36.97
Stochastic %K
18.83
Stochastic %D
17.43
StochRSI %K
37.01
StochRSI %D
30.87

Is BDSX Making Money?

Last year, BDSX revenue was $44.03M. Over the past three year, BDSX's revenue has increased by 86.3% per year. This was faster than the Diagnostics & Research industry average of 10.92%.

Dig into BDSX's earnings and revenue performance here.

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

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

Robin Harper Cowie, CFO Secy Treasurer of BDSX, was the latest BDSX insider to sell. They sold $14,483.84 worth of BDSX shares on Feb 12, 2024.

Learn more about who owns BDSX stock here.

Can I get consistent income from BDSX stock?

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

What do other traders have to say about BDSX?

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

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Step 5: Execute your BDSX purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.

Press the Open button and your broker will place your order.

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Step 6: Keep tabs on your investment in BDSX

Now that you own some shares in BDSX, you'll want to stay up-to-date on your stock purchase.

Start a watchlist to get notified of the latest news about your BDSX stock.

BDSX Feed

How to Buy Stock in Biodesix

To summarize, here are the 6 steps you need to take to buy Biodesix stock right now:

  1. Decide where to buy Biodesix stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Biodesix stock
  5. Execute your BDSX purchase
  6. Keep tabs on your investment in BDSX

If you require a online brokerage, eToro is our recommended 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 would like to watch your new investment in Biodesix, hit the button below to create your watchlist.

NASDAQ: BDSX
$1.53-0.06 (-3.48%)
Updated Feb 28, 2024
Open eToro Account
NASDAQ: BDSX
$1.53-0.06 (-3.48%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Biodesix share?

As of Feb 28, 2024, it costs $1.53 to buy one share of Biodesix stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.76, you can buy 0.5 shares of BDSX.

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 Biodesix stock?

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

What is the best way to buy Biodesix stock?

One way to place an order for Biodesix 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.