How to Buy Eyenovia Stock
Eyenovia Inc
Eyenovia, Inc. , a clinical stage ophthalmic company, engages in developing therapeutics based on its proprietary microdose array print platform technology.
Eyenovia stock last closed at $0.54, up 5.23% from the previous day, and has decreased 88.8% in one year. It has underperformed other stocks in the Biotechnology industry by 0.66 percentage points. Eyenovia stock is currently +8.38% from its 52-week low of $0.50, and -90.72% from its 52-week high of $5.85.
As of Apr 23, 2024, there are 47.39M EYEN shares outstanding. The market value of EYEN is $25.73M. In the past 24 hours, 875,878 EYEN shares were traded.
How to Buy Eyenovia Stock
Wondering how to invest in Eyenovia stock? Here's how.
- Figure out where to buy Eyenovia stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Eyenovia stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment and add your details.
- Analyze Eyenovia stock: The Eyenovia ticker symbol is EYEN. Is Eyenovia stock a good investment? Should you buy shares of EYEN? How do EYEN's underlying business fundamentals look? Do top analysts think Eyenovia is a good buy? Why has EYEN's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if EYEN is a good stock to buy).
- Make your EYEN buy order: Decide if you will purchase EYEN shares at the current market price or use a limit order to purchase EYEN stock at a particular price.
- Get notifications regarding your EYEN position: Create a watchlist to get live updates on your position in Eyenovia stock.
Step 1: Figure out where to buy Eyenovia stock
You will need an online brokerage account in order to access the NASDAQ market and buy EYEN shares.
Our recommended brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you can invest in EYEN today.
How to Open 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.
- Enter your personal details to create a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on apps for stock market, you need to deposit funds:
Check out the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Analyze Eyenovia stock
After you have selected the best place to buy Eyenovia stock, it's important to analyze their stock before you buy, so you actually comprehend the risk as well as the upside.
Eyenovia stock at a glance
EYEN Due Diligence Checks
WallStreetZen was created to help average investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on EYEN's stock page.
How is EYEN stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge EYEN's true value.
Using relative valuations measures:
- EYEN may be undervalued based on its P/B ratio of 2.86x, relative to Biotechnology industry P/B ratio of 5.93x
You can access additional valuation research on EYEN's stock here.
EYEN Financials at a glance
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the EYEN balance sheet.
- There are more short-term assets than short-term liabilities on the EYEN balance sheet.
Failed Health Checks:
- EYEN profit margin has gone down from N/A to -719,859.9% in the past year.
- EYEN has $14.85M in cash and short term investments. This is not sufficient to cover its annual cash burn of $27.81M.
- EYEN has a relatively high debt to equity ratio of 2.2.
- EYEN has cash burn of 27807076. It does not have sufficient cash and short-term investments to cover this.
- Total EYEN debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy EYEN stock
Out of 1 Equities analysts who research EYEN, the consensus analyst rating on Eyenovia is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Eyenovia stock forecast page.
EYEN Technicals
How are EYEN Revenues/Earnings doing?
Last year, EYEN revenue was $3.79k. During the past three year, EYEN's revenue has gone up by -99.94% per year. This was slower than the Biotechnology industry average of 28.88%.
You can research EYEN's earnings and revenue performance here.
Are EYEN executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at EYEN have bought more shares than they have sold.
Stuart M. Grant, 10% Owner of EYEN, was the latest EYEN insider to buy. They bought $98,000.00 worth of EYEN stock on Mar 28, 2024.
Learn more about who owns EYEN shares here.
Does EYEN provide a stable income stream?
No, Eyenovia doesn't provide an income stream by paying out dividends.
What do other investors have to say about EYEN?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your EYEN buy order
There are two main types of orders:
- 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 is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Hit the Open button and eToro will place the order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your EYEN position
Now that you own some EYEN shares, you'll want to keep up with your stock purchase.
Add EYEN to a watchlist to track the latest developments regarding your EYEN stock.
EYEN Feed
How to Buy Stock in Eyenovia
To summarize, here are the 6 steps you need to take to buy Eyenovia stock right now:
- Figure out where to buy Eyenovia stock
- Sign up for a brokerage account
- Put funds into your investment account
- Analyze Eyenovia stock
- Make your EYEN buy order
- Get notifications regarding your EYEN position
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Eyenovia, create a watchlist on WallStreetZen today.
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