How to Buy Chimerix Stock
Chimerix Inc
Chimerix, Inc. , a biopharmaceutical company, develops medicines to enhance the lives of patients living with serious diseases.
Chimerix stock last closed at $0.95, up 0% from the previous day, and has decreased 16.67% in one year. It has overperformed other stocks in the Biotechnology industry by 0.02 percentage points. Chimerix stock is currently +7.95% from its 52-week low of $0.88, and -39.49% from its 52-week high of $1.57.
As of May 2, 2024, there are 89.63M CMRX shares outstanding. The market capitalization of CMRX is $85.15M. In the last 24 hours, 319,099 CMRX shares were traded.
How to Buy Chimerix Stock
Not sure how to invest in Chimerix stock? Here's how.
- Figure out where to buy Chimerix stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Chimerix stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your details.
- Evaluate Chimerix stock: The Chimerix ticker symbol is CMRX. Is Chimerix stock a good investment? Should you buy shares of CMRX? How do CMRX's underlying business fundamentals look? Do top analysts think Chimerix is a good buy? Why has CMRX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if CMRX is a good stock to buy).
- Execute your CMRX trade: Decide if you will purchase CMRX shares at the current market price or use a limit order to purchase CMRX stock at a specific price.
- Get updates on your CMRX investment: Create a watchlist to watch your position in Chimerix shares.
Step 1: Figure out where to buy Chimerix stock
You need an online brokerage account in order to access the NASDAQ market and buy CMRX shares.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to buy CMRX today.
How to Start a New Brokerage 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 data to start a new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on investing apps, you need to deposit funds:
Check out the video below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Chimerix stock
Once you have selected the best place to buy Chimerix stock, it's absolutely critical to analyze their stock before you invest, so you can wrap your head around the risk as well as the opportunity.
Chimerix shares at a glance
Fundamentals of Chimerix
WallStreetZen was designed to help average investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on CMRX's stock page.
Is CMRX stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge CMRX's fair value.
Using relative valuations metrics:
- CMRX may be undervalued based on its P/B ratio of 0.49x, relative to Biotechnology industry P/B ratio of 5.99x
You can access additional valuation analysis on CMRX's stock here.
CMRX Financials at a glance
Positive Financial Indicators:
- CMRX has cash burn of 64427000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the CMRX balance sheet.
- There are more short-term assets than short-term liabilities on the CMRX balance sheet.
- CMRX has a low debt to equity ratio of 0.12.
- CMRX has $159.03M in cash and short term investments. This is enough to cover its annual cash burn of $64.43M.
Negative Financial Indicators:
- CMRX profit margin has gone down from 515% to -201,443.9% in the past year.
- Total CMRX debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Chimerix stock
Out of 1 Equities analysts who give ratings on CMRX, the consensus analyst rating on Chimerix 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 saying on the Chimerix stock forecast page.
CMRX Technicals
CMRX Performance Numbers
Last year, CMRX revenue was $41.00k. Over the past 5 year, CMRX's revenue has gone up by -65.81% per year. This was slower than the Biotechnology industry average of 29.57%.
Dive into CMRX's earnings and revenue performance here.
What are CMRX executives and large shareholders up to?
In the past year, executives and large shareholders at CMRX have bought more shares than they have sold.
Michael T. Andriole, PRESIDENT AND CEO of CMRX, was the latest CMRX insider to sell. They sold $1,810.27 worth of CMRX stock on Feb 14, 2024.
Dig into more about who owns CMRX stock here.
Can I rely on CMRX as an income stream?
No, Chimerix doesn't provide an income stream by paying out dividends.
What others are saying about CMRX
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your CMRX trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Click the Open button and your broker will execute your order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your CMRX investment
Now that you own some shares in CMRX, you'll want to stay up-to-date on your shares.
Add CMRX to a watchlist to keep track of your CMRX stock.
CMRX Feed
How to Buy Stock in Chimerix
To reiterate, here are the 6 steps you need to take to buy Chimerix stock right now:
- Figure out where to buy Chimerix stock
- Open your brokerage account
- Deposit money your investment account
- Evaluate Chimerix stock
- Execute your CMRX trade
- Get updates on your CMRX investment
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Chimerix, create a watchlist today.
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