How to Buy Genetic Technologies Stock
Genetic Technologies Ltd
Genetic Technologies Limited, a molecular diagnostics company, provides predictive testing and assessment tools to help physicians manage women's health in Australia and the United States.
Genetic Technologies stock last closed at $2.22, up 1.88% from the previous day, and has decreased 97.76% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.97 percentage points. Genetic Technologies stock is currently +23.39% from its 52-week low of $1.80, and -98.12% from its 52-week high of $118.00.
At the moment, there are 115.42M shares of GENE outstanding. The market cap of GENE is $512.68k. In the last 24 hours, 20,122 GENE shares were traded.
How to Buy Genetic Technologies Stock
Not sure how to invest in Genetic Technologies stock? Here's how.
- Figure out where to buy Genetic Technologies stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Genetic Technologies stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Evaluate Genetic Technologies stock: The Genetic Technologies ticker symbol is GENE. Is Genetic Technologies stock a good investment? Should you buy shares of GENE? How do GENE's underlying business fundamentals look? Do top analysts think Genetic Technologies is a good buy? Why has GENE's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if GENE is a good stock to buy).
- Make your GENE trade: Decide if you will purchase GENE shares at the current market price or use a limit order to purchase GENE stock at a given price.
- Watch your investment in GENE: Create a watchlist to important updates regarding your new investment in Genetic Technologies shares.
Step 1: Figure out where to buy Genetic Technologies stock
You will need an online brokerage account in order to access the NASDAQ market and buy GENE shares.
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you are able to invest in GENE 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.
- Input your personal data to open your new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on app for stock, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing funds into your investment account.
Step 4: Evaluate Genetic Technologies stock
After you have figured out the best place to buy Genetic Technologies stock, it's important to analyze their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Overview of key GENE info
Genetic Technologies Zen Score
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on GENE's stock page.
What is the fair value of GENE stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge GENE's fair value.
Using relative valuations measures:
- GENE may be undervalued based on its P/B ratio of 0.16x, relative to Diagnostics & Research industry P/B ratio of 4.18x
You can access additional valuation research on GENE's stock here.
GENE Financial Health Summary
Signs that GENE is financially healthy:
- There are more short-term assets than short-term liabilities on the GENE balance sheet.
- There are more short-term assets than long-term liabilities on the GENE balance sheet.
Signs that GENE is not financially healthy:
- GENE profit margin has gone down from -97.8% to -150% in the past year.
- GENE has cash burn of 4997201. It does not have sufficient cash and short-term investments to cover this.
- GENE has a relatively high debt to equity ratio of 0.76.
- GENE has $2.44M in cash and short term investments. This is not enough to cover its annual cash burn of $5.00M.
GENE Technicals
Is GENE Making Money?
Last year, GENE revenue was $5.55M. During the past 5 year, GENE's revenue has gone up by 136.93% per year. This was faster than the Diagnostics & Research industry average of 12.36%.
You can analyze GENE's earnings and revenue performance here.
Latest Insiders Trades at GENE
Over the last 12 months, executives and large shareholders at GENE have not bought or sold any shares.
Get more info about who owns GENE stock here.
Can I rely on GENE as an income stream?
No, Genetic Technologies doesn't provide an income stream by paying out dividends.
GENE Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your GENE trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you need more info about buying stocks on eToro, click the helpful video below:
Step 6: Watch your investment in GENE
Now that you own some shares in GENE, you'll want to keep up with your new investment.
Start a watchlist to track the most important metrics related to your GENE stock.
GENE Feed
How to Buy Stock in Genetic Technologies
To summarize, here are the 6 steps to buy stock in Genetic Technologies:
- Figure out where to buy Genetic Technologies stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Genetic Technologies stock
- Make your GENE trade
- Watch your investment in GENE
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Genetic Technologies, click the button below.
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