WallStreetZenWallStreetZen

How to Buy Exagen Stock

Exagen Inc

Exagen Inc. develops and commercializes various testing products based on its cell-bound complement activation products technology under the AVISE brand in the United States.

Exagen stock last closed at $1.43, up 2.07% from the previous day, and has decreased 42.03% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.32 percentage points. Exagen stock is currently +9.92% from its 52-week low of $1.30, and -63.57% from its 52-week high of $3.92.

There are currently 17.24M shares of XGN outstanding. The market cap of XGN is $24.63M. In the past 24 hours, 8492 XGN shares were traded.

How to Buy Exagen Stock

Not sure how to invest in Exagen stock? Here's how.
  1. Decide where to buy Exagen stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Exagen stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your information.
  4. Evaluate Exagen stock: The Exagen ticker symbol is XGN. Is Exagen stock a good investment? Should you buy shares of XGN? How do XGN's underlying business fundamentals look? Do top analysts think Exagen is a good buy? Why has XGN's stock price moved recently? (Hint: Our stock market research website can help you figure out if XGN is a good stock to buy).
  5. Execute your XGN trade: Decide if you will purchase XGN shares at the current market price or use a limit order to buy XGN stock at a specific price.
  6. Get the latest scoop on your XGN position: Create a watchlist to key updates about your new investment in Exagen stock.

Step 1: Decide where to buy Exagen stock

You will need a brokerage account in order to access the NASDAQ market and buy XGN shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. Here's why:

  • Invest in stocks with 0% 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 purchase the stock.
  • Access to world markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community of more than 20 million users around the world. 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 cryptocurrencies.

Get $10 towards your purchase of shares by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal info so you are able to buy XGN stock today.

How to Open a New Account on eToro

  1. 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.
  2. Input your personal info to create a new trading account.
  1. Submit your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you've created your account on stock market apps, your next step is to transfer the money for your investment:

Watch the video below to see the process of transferring funds into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Exagen stock

After you have identified the best place to buy Exagen stock, it's absolutely critical to evaluate their stock prior to investing, so you actually understand the risk as well as the opportunity.

Exagen quick stats

XGN Price
$1.43
1w %
-3.77%
1y %
-42.03%
5y %
N/A
P/E
-1.07x
P/B
1.09x
P/S
0.48x
PEG
N/A
Revenue
$52.55M
Earnings
-$23.69M
Fore. Rev. Growth
3.33%
Fore. Earn. Growth
N/A
Market Cap
$24.63M
Next Earnings
May 13, 2024
Next Dividend
N/A

Exagen Fundamentals

WallStreetZen was designed to help everyday investors do more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on XGN's stock page.

Is XGN stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge XGN's true value.

Using relative valuations ratios:

  • XGN could be undervalued based on its P/B ratio of 1.09x, relative to Diagnostics & Research industry P/B ratio of 4.01x

You can do more valuation research on XGN's stock here.

Is XGN a healthy company?

Passed Health Checks:

  • Total XGN debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the XGN balance sheet.
  • There are more short-term assets than long-term liabilities on the XGN balance sheet.
  • XGN has $36.49M in cash and short term investments. This is enough to cover its annual cash burn of $15.27M.
  • XGN has cash burn of 15266000. It has enough cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • XGN has a relatively high debt to equity ratio of 1.51.
  • XGN profit margin has gone up by 0.59 percentage points in the past year, but the company is still unprofitable.

You can dig deeper into what analysts are projecting on the Exagen stock forecast page.

XGN Trading Indicators

SMA10
1.46
SMA20
1.51
SMA50
1.77
SMA100
1.82
SMA200
2.02
MACD
-0.09
MACD Signal
-0.1
MACD Histogram
0.01
RSI
38
Stochastic %K
35.09
Stochastic %D
27.02
StochRSI %K
17.88
StochRSI %D
15.08

XGN Earnings

Last year, XGN revenue was $52.55M. During the last five year, XGN's revenue has gone up by 10.13% per year. This was slower than the Diagnostics & Research industry average of 12.99%.

Learn more about XGN's earnings and revenue performance here.

Are XGN insiders buying or selling the stock?

Over the past 12 months, executives and large shareholders at XGN have sold more shares than they have bought.

Kamal Adawi, CFO and Corporate Secretary of XGN, was the latest XGN insider to sell. They sold $6,660.17 worth of XGN shares on Mar 4, 2024.

Dig into more about who owns XGN stock here.

Can I rely on XGN as an income stream?

No, Exagen doesn't provide an income stream by paying out dividends.

Get opinions from other traders

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your XGN trade

You have two primary options:

  • 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 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 ensure you're buying or selling at a specific dollar amount limit, use a limit order.

Click the Open button and your broker will execute the order.

If you need additional help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your XGN position

Now that you own some XGN stock, you'll want to keep up with your shares.

Start a watchlist to get notified of important updates regarding your XGN stock.

XGN Feed

How to Buy Stock in Exagen

To summarize, here are the 6 steps for buying Exagen stock:

  1. Decide where to buy Exagen stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Exagen stock
  5. Execute your XGN trade
  6. Get the latest scoop on your XGN position

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Exagen, get started below.

NASDAQ: XGN
$1.43+0.03 (+2.07%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: XGN
$1.43+0.03 (+2.07%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Exagen share?

As of Apr 18, 2024, it costs $1.43 to buy one share of Exagen stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.71, you can buy 0.5 shares of XGN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Exagen stock?

One way to place an order for Exagen stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.