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How to Buy Biodexa Pharmaceuticals Stock

Biodexa Pharmaceuticals PLC

Biodexa Pharmaceuticals Plc, a drug delivery technology company, focuses on the bio-delivery and biodistribution of medicines in Belgium and internationally.

Biodexa Pharmaceuticals stock last closed at $1.19, down 4.03% from the previous day, and has decreased 93.53% in one year. It has underperformed other stocks in the Biotechnology industry by 0.74 percentage points. Biodexa Pharmaceuticals stock is currently +77.61% from its 52-week low of $0.67, and -93.24% from its 52-week high of $17.60.

There are currently 1.7B shares of BDRX outstanding. The market cap of BDRX is $6.07M. In the past 24 hours, 481,432 BDRX shares were traded.

How to Buy Biodexa Pharmaceuticals Stock

Wondering how to invest in Biodexa Pharmaceuticals stock? Here's how.
  1. Figure out where to buy Biodexa Pharmaceuticals stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Biodexa Pharmaceuticals stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your payment method and add your information.
  4. Research Biodexa Pharmaceuticals stock: The Biodexa Pharmaceuticals ticker symbol is BDRX. Is Biodexa Pharmaceuticals stock a good investment? Should you buy shares of BDRX? How do BDRX's underlying business fundamentals look? Do top analysts think Biodexa Pharmaceuticals is a good buy? Why has BDRX's stock price moved recently? (Hint: Our stock research website can help you evaluate if BDRX is a good stock to buy).
  5. Place your BDRX buy order: Decide if you will purchase BDRX shares at the current market price or use a limit order to buy BDRX stock at a specific price.
  6. Get key alerts regarding your investment in BDRX: Create a watchlist to get the latest news on your new investment in Biodexa Pharmaceuticals stock.

Step 1: Figure out where to buy Biodexa Pharmaceuticals stock

You will need a brokerage account to access the NASDAQ market and buy BDRX shares.

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: Open your brokerage account

Now that you've chosen your brokerage, you need to fill out some personal information so you can buy BDRX today.

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Step 3: Put funds into your investment account

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Step 4: Research Biodexa Pharmaceuticals stock

Once you have figured out the best place to buy Biodexa Pharmaceuticals stock, it's important to research their stock before you invest, so you can understand the risk and opportunity.

Biodexa Pharmaceuticals Numbers

BDRX Price
$1.19
1w %
28.65%
1y %
-93.53%
5y %
-99.99%
P/E
-0.12x
P/B
1.05x
P/S
10.72x
PEG
N/A
Revenue
$470.37k
Earnings
-$8.74M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$6.07M
Next Earnings
Jun 13, 2024
Next Dividend
N/A

Fundamentals of BDRX

WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.

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

Is BDRX stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BDRX's intrinsic value.

Using relative valuations ratios:

  • BDRX may be undervalued based on its P/B ratio of 1.05x, relative to Biotechnology industry P/B ratio of 6.01x

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

BDRX Financials at a glance

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the BDRX balance sheet.
  • BDRX has $7.37M in cash and short term investments. This is sufficient to cover its annual cash burn of $9.50M.
  • There are more short-term assets than short-term liabilities on the BDRX balance sheet.

Negative Financial Indicators:

  • BDRX has a relatively high debt to equity ratio of 1.25.
  • Total BDRX debt is higher than 5 years ago, relative to shareholder equity.
  • BDRX profit margin has gone down from -1,095.3% to -1,858% in the past year.
  • BDRX has cash burn of 9497530. It does not have sufficient cash and short-term investments to cover this.

Is it a good time to buy Biodexa Pharmaceuticals stock, according to Wall Street analysts?

Out of 1 Wall Street analysts who track BDRX, the consensus analyst rating on Biodexa Pharmaceuticals is a Strong Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Biodexa Pharmaceuticals stock forecast page.

BDRX Momentum

SMA10
1.07
SMA20
1.08
SMA50
1.07
SMA100
1.44
SMA200
2.89
MACD
0.02
MACD Signal
0
MACD Histogram
0.02
RSI
54.79
Stochastic %K
37.04
Stochastic %D
35.23
StochRSI %K
48.63
StochRSI %D
46.74

How are BDRX Revenues/Earnings doing?

Last year, BDRX revenue was $470.37k. Over the past five year, BDRX's revenue has increased by -27.81% per year. This was slower than the Biotechnology industry average of 32.19%.

Find out more about BDRX's earnings and revenue performance here.

Who is buying/selling BDRX?

In the past 12 months, insiders at BDRX have not bought or sold any shares.

Dig into more about who owns BDRX stock here.

Can I get consistent income from BDRX stock?

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

What do other investors have to say about BDRX?

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Step 5: Place your BDRX buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, place a limit order.

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Step 6: Get key alerts regarding your investment in BDRX

Now that you own some shares in BDRX, you'll want to keep up with your investment.

Make a watchlist to get alerted to the latest events about your BDRX stock.

BDRX Feed

How to Buy Stock in Biodexa Pharmaceuticals

To reiterate, here are the 6 steps to buy stock in Biodexa Pharmaceuticals:

  1. Figure out where to buy Biodexa Pharmaceuticals stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Research Biodexa Pharmaceuticals stock
  5. Place your BDRX buy order
  6. Get key alerts regarding your investment in BDRX

If you are looking for a online brokerage, eToro is our recommended venue.

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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 get the latest scoop on your investment in Biodexa Pharmaceuticals, create your watchlist below.

NASDAQ: BDRX
$1.19-0.05 (-4.03%)
Updated May 17, 2024
Open eToro Account
NASDAQ: BDRX
$1.19-0.05 (-4.03%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Biodexa Pharmaceuticals share?

As of May 17, 2024, it costs $1.19 to buy one share of Biodexa Pharmaceuticals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.6, you can buy 0.5 shares of BDRX.

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 Biodexa Pharmaceuticals stock?

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

What is the best way to buy Biodexa Pharmaceuticals stock?

One way to place an order for Biodexa Pharmaceuticals 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.