How to Buy Bionomics Limited Stock
Bionomics Limited
Bionomics Limited, a clinical-stage biopharmaceutical company, discovers and develops novel drug candidates for the treatment of central nervous system disorders and cancers in Australia and the United States.
Bionomics Limited stock last closed at $0.95, up 2.6% from the previous day, and has decreased 63.72% in one year. It has underperformed other stocks in the Biotechnology industry by 0.4 percentage points. Bionomics Limited stock is currently +8.85% from its 52-week low of $0.87, and -85.23% from its 52-week high of $6.41.
As of Apr 24, 2024, there are 1.92B BNOX shares outstanding. The market value of BNOX is $10.94M. In the last 24 hours, 25,115 BNOX shares were traded.
How to Buy Bionomics Limited Stock
Wondering how to invest in Bionomics Limited stock? Here's how.
- Choose where to buy Bionomics Limited stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Bionomics Limited stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your information.
- Research Bionomics Limited stock: The Bionomics Limited ticker symbol is BNOX. Is Bionomics Limited stock a good investment? Should you buy shares of BNOX? How do BNOX's underlying business fundamentals look? Do top analysts think Bionomics Limited is a good buy? Why has BNOX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if BNOX is a good stock to buy).
- Execute your BNOX trade: Decide if you will purchase BNOX shares at the current market price or use a limit order to purchase BNOX shares at a given price.
- Get key alerts regarding your investment in BNOX: Create a watchlist to important updates regarding your investment in Bionomics Limited shares.
Step 1: Choose where to buy Bionomics Limited stock
You will need a brokerage account to access the NASDAQ market and buy BNOX stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to invest in BNOX today.
How to Set Up 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 details to open your new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on one of the best stock market apps, your next step is to transfer the money for your investment:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Research Bionomics Limited stock
Once you have identified the best place to buy Bionomics Limited stock, it's crucial to research their stock before you buy, so you actually comprehend the risk and upside.
Bionomics Limited quick stats
BNOX Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on BNOX's stock page.
How is BNOX stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BNOX's intrinsic value.
Using relative valuations ratios:
- BNOX could be undervalued based on its P/E ratio of 0.03x, relative to Biotechnology industry P/E ratio of 15.69x
- BNOX could be undervalued based on its P/B ratio of 0.57x, relative to Biotechnology industry P/B ratio of 5.86x
- BNOX may be undervalued based on its PEG ratio of 0x
You can access additional valuation research on BNOX's stock here.
BNOX Financial Health
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the BNOX balance sheet.
- There are more short-term assets than short-term liabilities on the BNOX balance sheet.
- BNOX has a low debt to equity ratio of 0.34.
Negative Financial Indicators:
- BNOX profit margin has gone down from -9,450.2% to -140,642.5% in the past year.
- BNOX has cash burn of 17527101. It does not have sufficient cash and short-term investments to cover this.
- BNOX has $9.78M in cash and short term investments. This is not enough to cover its annual cash burn of $17.53M.
Do analysts think it's a good time to buy Bionomics Limited stock
Out of 1 Wall Street analysts who give ratings on BNOX, the consensus analyst rating on Bionomics Limited is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Bionomics Limited stock forecast page.
Metrics for Advanced BNOX Traders
How is BNOX performing as a company?
Last year, BNOX earnings were -$20.40M. During the last one years, BNOX's earnings have gone up by 261.25% per year. This was faster than the Biotechnology industry average of 15.88%.
Last year, BNOX revenue was $14.50k. During the past 1 years, BNOX's revenue has gone up by -91.52% per year. This was slower than the Biotechnology industry average of 28.91%.
You can research BNOX's earnings and revenue performance here.
Latest Insiders Trades at BNOX
Over the past year, executives and large shareholders at BNOX have not bought or sold any shares.
Dig into more about who owns BNOX stock here.
Can I rely on BNOX as an income stream?
No, Bionomics Limited doesn't provide an income stream by paying out dividends.
What others are saying about BNOX
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your BNOX trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you require more info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in BNOX
Now that you own some BNOX stock, you'll want to keep up with your stock purchase.
Add BNOX to a watchlist to keep track of your BNOX stock.
BNOX Feed
How to Buy Stock in Bionomics Limited
To reiterate, here are the 6 steps for buying Bionomics Limited stock:
- Choose where to buy Bionomics Limited stock
- Create your brokerage account
- Put funds into your investment account
- Research Bionomics Limited stock
- Execute your BNOX trade
- Get key alerts regarding your investment in BNOX
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Bionomics Limited, get started below.
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