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 $1.24, down 1.98% from the previous day, and has decreased 31.39% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.31 percentage points. Biodesix stock is currently +19.9% from its 52-week low of $1.03, and -44.12% from its 52-week high of $2.21.
As of Apr 26, 2024, there are 96.94M shares of BDSX outstanding. The market capitalization of BDSX is $119.72M. In the past 24 hours, 13,931 BDSX shares were traded.
How to Buy Biodesix Stock
Not sure how to invest in Biodesix stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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Open eToro AccountStep 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.
How to Create a New Investment 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.
- Provide your personal info to create a new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
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.
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 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.
Using relative valuations metrics:
- BDSX may be overvalued based on its P/B ratio of 26.14x, relative to Diagnostics & Research industry P/B ratio of 4.18x
You can access additional valuation research on BDSX's stock here.
How do BDSX Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the BDSX balance sheet.
- Total BDSX debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- BDSX has cash burn of 45932000. It does not have enough cash and short-term investments to cover this.
- BDSX profit margin has gone up by 0.65 percentage points in the past year, but the company is still unprofitable.
- BDSX has $26.28M in cash and short term investments. This is not enough to cover its annual cash burn of $45.93M.
- There are more long-term liabilities than short-term assets on the BDSX balance sheet.
- BDSX has a relatively high debt to equity ratio of 20.64.
Is it a good time to buy BDSX stock, according to analysts?
Out of 1 Wall Street analysts who give recommendations on BDSX, the consensus analyst rating on Biodesix is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Biodesix stock forecast page.
BDSX Momentum
How are BDSX Revenues/Earnings doing?
Last year, BDSX revenue was $49.09M. During the last 5 year, BDSX's revenue has gone up by 19.16% per year. This was faster than the Diagnostics & Research industry average of 12.36%.
Dive into BDSX's earnings and revenue performance here.
Who is buying/selling BDSX?
Over the last year, insiders 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 rely on BDSX as an income stream?
No, Biodesix doesn't provide an income stream by paying out dividends.
What others are saying about BDSX
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: Execute your BDSX purchase
You have two main 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 fine for most investors. - Limit order: A limit order lets you 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 dollar amount limit, place a limit order.
Click the Open button and your broker will place your order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in BDSX
Now that you own some BDSX shares, you'll want to stay up-to-date on your new company.
Start a watchlist to keep track of your BDSX stock.
BDSX Feed
How to Buy Stock in Biodesix
To summarize, here are the 6 steps to buy Biodesix stock:
- Decide where to buy Biodesix stock
- Open your brokerage account
- Deposit money your brokerage account
- Evaluate Biodesix stock
- Execute your BDSX purchase
- Keep tabs on your investment in BDSX
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Biodesix, create a watchlist today.
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