How to Buy Caredx Stock
Caredx Inc
CareDx, Inc. discovers, develops, and commercializes diagnostic solutions for transplant patients and caregivers worldwide.
Caredx stock last closed at $22.70, up 2.95% from the previous day, and has increased 114.35% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 1.42 percentage points. Caredx stock is currently +205.93% from its 52-week low of $7.42, and -34.85% from its 52-week high of $34.84.
At the moment, there are 53.63M shares of CDNA outstanding. The market capitalization of CDNA is $1.22B. In the last 24 hours, 1.06M CDNA shares were traded.
How to Buy Caredx Stock
Not sure how to invest in Caredx stock? Here's how.
- Figure out where to buy Caredx stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Caredx stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your information.
- Evaluate Caredx stock: The Caredx ticker symbol is CDNA. Is Caredx stock a good investment? Should you buy shares of CDNA? How do CDNA's underlying business fundamentals look? Do top analysts think Caredx is a good buy? Why has CDNA's stock price moved recently? (Hint: Our stock market analysis website can help you understand if CDNA is a good stock to buy).
- Place your CDNA buy order: Decide if you will purchase CDNA shares at the current market price or use a limit order to purchase CDNA stock at a particular price.
- Track your CDNA position: Create a watchlist to get live updates on your new investment in Caredx shares.
Step 1: Figure out where to buy Caredx stock
You need a brokerage account to access the NASDAQ market and buy CDNA stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you can buy CDNA stock today.
How to Set Up a New 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.
- Input your personal info to open your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on our top ranked stock app, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Caredx stock
Once you have identified the best place to buy Caredx stock, it's critical to research their stock prior to buying, so you can understand the risk as well as the upside.
Overview of key CDNA info
Caredx Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CDNA's stock page.
How is CDNA stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CDNA's true value.
Using relative valuations methods:
- CDNA could be overvalued based on its P/B ratio of 4.46x, relative to Diagnostics & Research industry P/B ratio of 4.08x
You can do more valuation analysis on CDNA's stock here.
How do CDNA Financials look?
Pros:
- There are more short-term assets than long-term liabilities on the CDNA balance sheet.
- There are more short-term assets than short-term liabilities on the CDNA balance sheet.
- CDNA's operating cash flow of $7.78M allows it to safely service it's debt of $23.84M.
Cons:
- CDNA earnings of -$155.13M is not sufficient to cover its interest payments.
- CDNA has a relatively high debt to equity ratio of 0.75.
- Total CDNA debt is higher than 5 years ago, relative to shareholder equity.
- CDNA profit margin has gone down from -30.5% to -45.9% in the past year.
Do Wall Street analysts think it's a good time to buy CDNA stock
Out of 5 Equities analysts who track CDNA, the consensus analyst rating on CDNA is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Caredx stock forecast page.
CDNA Technicals
CDNA Growth Numbers
Last year, CDNA revenue was $312.78M. During the past 5 year, CDNA's revenue has grown by 22.21% per year. This was faster than the Diagnostics & Research industry average of 9.66%.
Dive into CDNA's earnings and revenue performance here.
Who is buying/selling CDNA?
In the last 12 months, insiders at CDNA have sold more shares than they have bought.
Jeffrey Adam Novack, Secretary and General Counsel of CDNA, was the latest CDNA insider to sell. They sold $49,842.00 worth of CDNA stock on Dec 4, 2024.
Research more about who owns CDNA stock here.
Does CDNA provide a stable income stream?
No, Caredx doesn't provide an income stream by paying out dividends.
What others are saying about CDNA
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your CDNA buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Hit the Open button and eToro will place the order.
If you need additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Track your CDNA position
Now that you own some CDNA shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to see the latest developments about your CDNA stock.
CDNA Feed
How to Buy Stock in Caredx
To reiterate, here are the 6 steps for buying Caredx stock:
- Figure out where to buy Caredx stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Caredx stock
- Place your CDNA buy order
- Track your CDNA position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Caredx, click the button below.
More Stock Buying Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation 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.