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How to Buy Biolinerx Stock

Biolinerx Ltd

BioLineRx Ltd. , a clinical-stage biopharmaceutical development company, focuses on oncology.

Biolinerx stock last closed at $1.12, up 0.9% from the previous day, and has increased 30.23% in one year. It has overperformed other stocks in the Biotechnology industry by 0.35 percentage points. Biolinerx stock is currently +39.13% from its 52-week low of $0.81, and -55.73% from its 52-week high of $2.53.

As of Mar 28, 2024, there are 1.09B shares of BLRX outstanding. The market capitalization of BLRX is $81.54M. In the past 24 hours, 163,088 BLRX shares were traded.

How to Buy Biolinerx Stock

Wondering how to invest in Biolinerx stock? Here's how.
  1. Decide where to buy Biolinerx 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 decide where to buy Biolinerx stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your method of payment and add your details.
  4. Evaluate Biolinerx stock: The Biolinerx ticker symbol is BLRX. Is Biolinerx stock a good investment? Should you buy shares of BLRX? How do BLRX's underlying business fundamentals look? Do top analysts think Biolinerx is a good buy? Why has BLRX's stock price moved recently? (Hint: Our stock research website can help you understand if BLRX is a good stock to buy).
  5. Place your BLRX trade: Decide if you will purchase BLRX shares at the current market price or use a limit order to buy BLRX shares at a particular price.
  6. Watch your BLRX investment: Create a watchlist to monitor your investment in Biolinerx stock.

Step 1: Decide where to buy Biolinerx stock

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

A brokerage account is an investment account that allows you to buy and sell a number 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 the best brokerage, it's time to fill out some personal information so you can buy BLRX today.

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Step 3: Deposit funds into your investment account

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Step 4: Evaluate Biolinerx stock

After you have identified the best place to buy Biolinerx stock, it's very important to analyze their stock before you invest, so you actually understand the risk and upside.

Biolinerx quick stats

BLRX Price
$1.12
1w %
-6.67%
1y %
30.23%
5y %
-82.6%
P/E
-18.67x
P/B
6.17x
P/S
14.93x
PEG
N/A
Revenue
$4.80M
Earnings
-$60.61M
Fore. Rev. Growth
98.17%
Fore. Earn. Growth
N/A
Market Cap
$81.54M
Next Earnings
May 22, 2024
Next Dividend
N/A

Biolinerx Overview

WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.

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

Is BLRX stock undervalued?

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

Using relative valuations ratios:

  • BLRX may be undervalued based on its P/B ratio of 6.17x, relative to Biotechnology industry P/B ratio of 6.21x

You can access more valuation research on BLRX's stock here.

BLRX Financial Health Overview

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the BLRX balance sheet.
  • BLRX has $42.99M in cash and short term investments. This is enough to cover its annual cash burn of $22.72M.
  • There are more short-term assets than short-term liabilities on the BLRX balance sheet.
  • BLRX has cash burn of 22724000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Health Checks:

  • Total BLRX debt is higher than 5 years ago, relative to shareholder equity.
  • BLRX profit margin has gone down from N/A to -1,262.8% in the past year.
  • BLRX has a relatively high debt to equity ratio of 3.83.

Is Biolinerx stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Equities analysts who give forecasts on BLRX, the consensus analyst rating on Biolinerx is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Biolinerx stock forecast page.

Metrics for Advanced BLRX Traders

SMA10
1.18
SMA20
1.21
SMA50
1.21
SMA100
1.38
SMA200
1.51
MACD
-0.02
MACD Signal
-0.01
MACD Histogram
-0.01
RSI
44.55
Stochastic %K
21.67
Stochastic %D
36.55
StochRSI %K
15.39
StochRSI %D
33.06

Are BLRX insiders buying or selling the stock?

Over the past year, executives and large shareholders at BLRX have not bought or sold any shares.

Dig into more about who owns BLRX stock here.

Can I get consistent income from BLRX stock?

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

BLRX Social Trading Data

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

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Step 5: Place your BLRX trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order allows 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 a specific dollar amount, place a limit order.

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

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Step 6: Watch your BLRX investment

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

Add BLRX to a watchlist to see the latest developments about your BLRX stock.

BLRX Feed

How to Buy Stock in Biolinerx

To summarize, here are the 6 steps to buy stock in Biolinerx:

  1. Decide where to buy Biolinerx stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Biolinerx stock
  5. Place your BLRX trade
  6. Watch your BLRX investment

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

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If you want to get notifications regarding your investment in Biolinerx, create a watchlist today.

NASDAQ: BLRX
$1.12+0.01 (+0.9%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: BLRX
$1.12+0.01 (+0.9%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Biolinerx share?

As of Mar 28, 2024, it costs $1.12 to buy one share of Biolinerx stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.56, you can buy 0.5 shares of BLRX.

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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.

Is now a good time to buy Biolinerx stock?

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

What is the best way to buy Biolinerx stock?

One way to place an order for Biolinerx 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.