How to Buy Codexis Stock
Codexis Inc
Codexis, Inc. discovers, develops, and sells enzymes and other proteins. It offers biocatalyst products and services; intermediate chemicals products that are used for further chemical processing; and Codex biocatalyst panels and kits that enable customers to perform chemistry screening.
Codexis stock last closed at $2.76, up 1.1% from the previous day, and has decreased 36.41% in one year. It has underperformed other stocks in the Biotechnology industry by 0.11 percentage points. Codexis stock is currently +90.34% from its 52-week low of $1.45, and -43.79% from its 52-week high of $4.91.
There are currently 70.3M CDXS shares outstanding. The market capitalization of CDXS is $194.04M. In the last 24 hours, 417,173 CDXS shares were traded.
How to Buy Codexis Stock
Wondering how to invest in Codexis stock? Here's how.
- Choose where to buy Codexis stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Codexis stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your information.
- Analyze Codexis stock: The Codexis ticker symbol is CDXS. Is Codexis stock a good investment? Should you buy shares of CDXS? How do CDXS's underlying business fundamentals look? Do top analysts think Codexis is a good buy? Why has CDXS's stock price moved recently? (Hint: Our stock market research website can help you decide if CDXS is a good stock to buy).
- Make your CDXS purchase: Decide if you will purchase CDXS shares at the current market price or use a limit order to purchase CDXS stock at a given price.
- Get notifications regarding your CDXS position: Create a watchlist to important updates regarding your new investment in Codexis shares.
Step 1: Choose where to buy Codexis stock
You need an online brokerage account in order to access the NASDAQ market and buy CDXS shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you are able to buy CDXS today.
How to Create 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.
- Enter your personal info to open your new brokerage account.
- Send 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 the best stock trading app, you can securely and quickly fund your account:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Analyze Codexis stock
After you have selected the best place to buy Codexis stock, it's absolutely critical to research their stock prior to investing, so you actually understand the risk as well as the upside.
Codexis Metrics
Fundamentals of CDXS
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on CDXS's stock page.
Is CDXS stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CDXS's true value.
Using relative valuations ratios:
- CDXS may be undervalued based on its P/B ratio of 2.24x, relative to Biotechnology industry P/B ratio of 5.83x
You can access additional valuation research on CDXS's stock here.
CDXS Financial Health
Signs that CDXS is financially healthy:
- There are more short-term assets than long-term liabilities on the CDXS balance sheet.
- There are more short-term assets than short-term liabilities on the CDXS balance sheet.
- CDXS has cash burn of 56305000. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that CDXS is not financially healthy:
- CDXS has $66.63M in cash and short term investments. This is not sufficient to cover its annual cash burn of $56.31M.
- Total CDXS debt is higher than 5 years ago, relative to shareholder equity.
- CDXS profit margin has gone down from -24.2% to -108.7% in the past year.
- CDXS has a relatively high debt to equity ratio of 0.58.
Is Codexis stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give recommendations on CDXS, the consensus analyst rating on CDXS is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Codexis stock forecast page.
CDXS Technical Indicators
How are CDXS Revenues/Earnings doing?
Last year, CDXS revenue was $70.14M. During the last five year, CDXS's revenue has gone up by 2.97% per year. This was slower than the Biotechnology industry average of 29.02%.
You can research CDXS's earnings and revenue performance here.
Are CDXS insiders buying or selling the stock?
Over the past year, executives and large shareholders at CDXS have bought more shares than they have sold.
Byron L. Dorgan, Director of CDXS, was the latest CDXS insider to sell. They sold $42,160.00 worth of CDXS shares on Nov 15, 2023.
Research more about who owns CDXS shares here.
Does CDXS stock generate passive income?
No, Codexis doesn't provide an income stream by paying out dividends.
What others are saying about CDXS
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your CDXS purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price, place a limit order.
Press the Open Trade button and your broker will place the order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your CDXS position
Now that you own some CDXS stock, you'll want to stay up-to-date on your company.
Start a watchlist to track your CDXS stock.
CDXS Feed
How to Buy Stock in Codexis
To reiterate, here are the 6 steps for buying Codexis stock:
- Choose where to buy Codexis stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Codexis stock
- Make your CDXS purchase
- Get notifications regarding your CDXS position
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Codexis, add CDXS to your watchlist by clicking the button below.
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