How to Buy Chromadex Stock
Chromadex Corp
ChromaDex Corporation operates as a bioscience company focusing on healthy aging. The company operates through three segments: Consumer products; Ingredients; and Analytical Reference Standards and Services.
Chromadex stock last closed at $3.78, up 0.53% from the previous day, and has increased 177.94% in one year. It has overperformed other stocks in the Biotechnology industry by 1.96 percentage points. Chromadex stock is currently +202.4% from its 52-week low of $1.25, and -18.71% from its 52-week high of $4.65.
There are currently 75.31M shares of CDXC outstanding. The market value of CDXC is $284.67M. In the past 24 hours, 121,773 CDXC shares were traded.
How to Buy Chromadex Stock
Wondering how to invest in Chromadex stock? Here's how.
- Choose where to buy Chromadex stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Chromadex stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your information.
- Analyze Chromadex stock: The Chromadex ticker symbol is CDXC. Is Chromadex stock a good investment? Should you buy shares of CDXC? How do CDXC's underlying business fundamentals look? Do top analysts think Chromadex is a good buy? Why has CDXC's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if CDXC is a good stock to buy).
- Execute your CDXC purchase: Decide if you will purchase CDXC shares at the current market price or use a limit order to buy CDXC shares at a particular price.
- Get the latest news on your CDXC position: Create a watchlist to watch your investment in Chromadex stock.
Step 1: Choose where to buy Chromadex stock
You need a brokerage account to access the NASDAQ market and buy CDXC stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you are able to invest in CDXC stock today.
How to Create 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.
- Provide your personal details to create a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on the best stock broker app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your investment account.
Step 4: Analyze Chromadex stock
Once you have chosen the best place to buy Chromadex stock, it's absolutely critical to research their stock prior to buying, so you truly wrap your head around the risk and upside.
Chromadex stock quick numbers
Chromadex Overview
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on CDXC's stock page.
Is CDXC stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge CDXC's true value.
Using relative valuations ratios:
- CDXC may be overvalued based on its P/B ratio of 10x, relative to Biotechnology industry P/B ratio of 6.01x
You can access additional valuation analysis on CDXC's stock here.
A quick look at CDXC Financials
Positive Financial Indicators:
- CDXC profit margin has gone up from -23% to -5.9% in the past year.
- There are more short-term assets than short-term liabilities on the CDXC balance sheet.
- CDXC's operating cash flow of $7.12M allows it to safely service it's debt of $3.28M.
- There are more short-term assets than long-term liabilities on the CDXC balance sheet.
Negative Financial Indicators:
- Total CDXC debt is higher than 5 years ago, relative to shareholder equity.
- CDXC has a relatively high debt to equity ratio of 0.93.
- CDXC earnings of -$4.94M is not enough to cover its interest payments.
Is it a good time to buy Chromadex stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who research CDXC, the consensus analyst rating on CDXC is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Chromadex stock forecast page.
CDXC Technicals
How is CDXC performing as a company?
Last year, CDXC revenue was $83.57M. During the last 5 year, CDXC's revenue has grown by 21.5% per year. This was slower than the Biotechnology industry average of 29.63%.
You can research CDXC's earnings and revenue performance here.
Latest Insiders Trades at CDXC
Over the last 12 months, executives and large shareholders at CDXC have bought more shares than they have sold.
Brianna Gerber, Chief Financial Officer of CDXC, was the latest CDXC insider to buy. They bought $7,050.00 worth of CDXC shares on Dec 1, 2023.
Dig into more about who owns CDXC stock here.
Does CDXC provide a stable income stream?
No, Chromadex doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your CDXC purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order enables 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 particular dollar amount, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your CDXC position
Now that you own some CDXC shares, you'll want to keep up with your new company.
Make a watchlist to track the most important metrics related to your CDXC stock.
CDXC Feed
How to Buy Stock in Chromadex
To reiterate, here are the 6 steps to buy stock in Chromadex:
- Choose where to buy Chromadex stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Chromadex stock
- Execute your CDXC purchase
- Get the latest news on your CDXC position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Chromadex, hit the button below to create your watchlist.
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