How to Buy Enzo Biochem Stock
Enzo Biochem Inc
Enzo Biochem is a diagnostic & research company located in New York, United States, which is part of the Healthcare sector, and is traded under the ticker ENZ on the NYSE exchange.
Enzo Biochem stock last closed at $1.04, down 1.89% from the previous day, and has decreased 57.89% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.55 percentage points. Enzo Biochem stock is currently +2.97% from its 52-week low of $1.01, and -62.04% from its 52-week high of $2.74.
At the moment, there are 51.23M shares of ENZ outstanding. The market capitalization of ENZ is $53.27M. In the past 24 hours, 89,663 ENZ shares were traded.
How to Buy Enzo Biochem Stock
Wondering how to invest in Enzo Biochem stock? Here's how.
- Decide where to buy Enzo Biochem stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Enzo Biochem stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your information.
- Research Enzo Biochem stock: The Enzo Biochem ticker symbol is ENZ. Is Enzo Biochem stock a good investment? Should you buy shares of ENZ? How do ENZ's underlying business fundamentals look? Do top analysts think Enzo Biochem is a good buy? Why has ENZ's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if ENZ is a good stock to buy).
- Place your ENZ trade: Decide if you will purchase ENZ shares at the current market price or use a limit order to buy ENZ stock at a given price.
- Track your ENZ investment: Create a watchlist to key updates about your position in Enzo Biochem shares.
Step 1: Decide where to buy Enzo Biochem stock
You need a brokerage account to access the NYSE market and buy ENZ stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to buy ENZ today.
How to Start 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 details to start a new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on the best stock trading app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring funds into your brokerage account.
Step 4: Research Enzo Biochem stock
Once you have figured out the best place to buy Enzo Biochem stock, it's important to evaluate their stock prior to buying, so you actually understand the risk and upside.
Enzo Biochem stock data
Enzo Biochem Due Diligence Checks
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on ENZ's stock page.
Is ENZ stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ENZ's intrinsic value.
Using relative valuations methods:
- ENZ could be undervalued based on its P/E ratio of 1.55x, relative to Diagnostics & Research industry P/E ratio of 38.23x
- ENZ may be undervalued based on its P/B ratio of 0.75x, relative to Diagnostics & Research industry P/B ratio of 4.16x
- ENZ could be undervalued based on its PEG ratio of 0.02x
You can do additional valuation analysis on ENZ's stock here.
Is ENZ a healthy company?
Pros:
- ENZ has cash burn of 45915000. It has sufficient 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 ENZ balance sheet.
- There are more short-term assets than short-term liabilities on the ENZ balance sheet.
Cons:
- ENZ has $60.24M in cash and short term investments. This is not enough to cover its annual cash burn of $45.92M.
- ENZ has a relatively high debt to equity ratio of 0.4.
- Total ENZ debt is higher than 5 years ago, relative to shareholder equity.
- ENZ profit margin has gone down from 264.9% to 254.3% in the past year.
ENZ Momentum
ENZ Earnings
Last year, ENZ earnings were $32.57M. Over the last 4 year, ENZ's earnings have grown by 117.39% per year. This was faster than the Diagnostics & Research industry average of 12.88%.
Last year, ENZ revenue was $12.81M. Over the last 5 year, ENZ's revenue has increased by -32.08% per year. This was slower than the Diagnostics & Research industry average of 12.42%.
Find out more about ENZ's earnings and revenue performance here.
What are ENZ executives and large shareholders up to?
Over the past 12 months, insiders at ENZ have sold more shares than they have bought.
Kara Cannon, Chief Operating Officer of ENZ, was the latest ENZ insider to sell. They sold $98,098.00 worth of ENZ stock on Aug 31, 2023.
Research more about who owns ENZ shares here.
Does ENZ stock generate passive income?
No, Enzo Biochem doesn't provide an income stream by paying out dividends.
ENZ Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your ENZ trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Track your ENZ investment
Now that you own some shares in ENZ, you'll want to keep up with your company.
Add ENZ to a watchlist to get notified of important updates regarding your ENZ stock.
ENZ Feed
How to Buy Stock in Enzo Biochem
To reiterate, here are the 6 steps to buy stock in Enzo Biochem:
- Decide where to buy Enzo Biochem stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Enzo Biochem stock
- Place your ENZ trade
- Track your ENZ investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Enzo Biochem, create a watchlist on WallStreetZen today.
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