How to Buy Genelux Stock
Genelux Corp
Genelux Corporation, a clinical-stage biopharmaceutical company, focuses on developing next-generation oncolytic viral immunotherapies for patients suffering from aggressive and/or difficult-to-treat solid tumor types.
Genelux stock last closed at $3.45, down 0.86% from the previous day, and has decreased 88.25% in one year. It has underperformed other stocks in the Biotechnology industry by 0.64 percentage points. Genelux stock is currently +5.83% from its 52-week low of $3.26, and -91.58% from its 52-week high of $40.98.
At the moment, there are 26.87M GNLX shares outstanding. The market value of GNLX is $92.69M. In the past 24 hours, 136,373 GNLX shares were traded.
How to Buy Genelux Stock
Wondering how to invest in Genelux stock? Here's how.
- Choose where to buy Genelux stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Genelux stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your info.
- Analyze Genelux stock: The Genelux ticker symbol is GNLX. Is Genelux stock a good investment? Should you buy shares of GNLX? How do GNLX's underlying business fundamentals look? Do top analysts think Genelux is a good buy? Why has GNLX's stock price moved recently? (Hint: Our stock market research website can help you figure out if GNLX is a good stock to buy).
- Make your GNLX purchase: Decide if you will purchase GNLX shares at the current market price or use a limit order to purchase GNLX stock at a given price.
- Keep an eye on your GNLX position: Create a watchlist to the latest updates on your investment in Genelux shares.
Step 1: Choose where to buy Genelux stock
You will need an online brokerage account to access the NASDAQ market and buy GNLX stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to invest in GNLX today.
How to Open a New Investment 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 start a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on one of the best stock trading apps, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Genelux stock
After you have decided on the best place to buy Genelux stock, it's absolutely critical to evaluate their stock prior to buying, so you truly understand the risk as well as the upside.
Genelux stock at a glance
GNLX Due Diligence Checks
WallStreetZen was built to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on GNLX's stock page.
Is GNLX stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge GNLX's intrinsic value.
Using relative valuations methods:
- GNLX may be undervalued based on its P/B ratio of 4.76x, relative to Biotechnology industry P/B ratio of 5.86x
You can do more valuation analysis on GNLX's stock here.
GNLX Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the GNLX balance sheet.
- GNLX has cash burn of 21300000. It has enough 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 GNLX balance sheet.
Negative Financial Indicators:
- GNLX has a relatively high debt to equity ratio of 0.43.
- GNLX profit margin has gone down from -47% to -16,645.3% in the past year.
- GNLX has $23.19M in cash and short term investments. This is not sufficient to cover its annual cash burn of $21.30M.
Is GNLX stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Equities analysts who track GNLX, the consensus analyst rating on GNLX is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Genelux stock forecast page.
GNLX Technicals
GNLX Earnings
Last year, GNLX revenue was $170.00k. In the past one years, GNLX's revenue has increased by -98.46% per year. This was slower than the Biotechnology industry average of 28.91%.
Learn more about GNLX's earnings and revenue performance here.
What are GNLX executives and large shareholders up to?
In the past year, insiders at GNLX have sold more shares than they have bought.
Aladar Szalay, 10% Owner of GNLX, was the latest GNLX insider to sell. They sold $28,248.19 worth of GNLX shares on Apr 24, 2024.
Learn more about who owns GNLX stock here.
Does GNLX stock generate passive income?
No, Genelux doesn't provide an income stream by paying out dividends.
What others are saying about GNLX
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 GNLX purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
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 ensure you're buying or selling at a given price limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your GNLX position
Now that you own some shares in GNLX, you'll want to keep up with your new investment.
Create a watchlist to track your GNLX stock.
GNLX Feed
How to Buy Stock in Genelux
To reiterate, here are the 6 steps you need to take to buy Genelux stock right now:
- Choose where to buy Genelux stock
- Sign up for a brokerage account
- Put funds into your investment account
- Analyze Genelux stock
- Make your GNLX purchase
- Keep an eye on your GNLX position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Genelux, click below.
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