How to Buy Igc Pharma Stock
Igc Pharma Inc
India Globalization Capital, Inc. purchases and resells physical infrastructure commodities. The company operates through two segments, Infrastructure Business, and Life Sciences.
Igc Pharma stock last closed at $0.30, up 1.34% from the previous day, and has decreased 44.1% in one year. It has overperformed other stocks in the Biotechnology industry by 0.33 percentage points. Igc Pharma stock is currently +19.76% from its 52-week low of $0.25, and -51.13% from its 52-week high of $0.62.
At the moment, there are 79.69M shares of IGC outstanding. The market cap of IGC is $24.14M. In the last 24 hours, 118,060 IGC shares were traded.
How to Buy Igc Pharma Stock
Not sure how to invest in Igc Pharma stock? Here's how.
- Choose where to buy Igc Pharma 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 decide where to buy Igc Pharma stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your information.
- Analyze Igc Pharma stock: The Igc Pharma ticker symbol is IGC. Is Igc Pharma stock a good investment? Should you buy shares of IGC? How do IGC's underlying business fundamentals look? Do top analysts think Igc Pharma is a good buy? Why has IGC's stock price moved recently? (Hint: Our stock research tools can help you decide if IGC is a good stock to buy).
- Place your IGC trade: Decide if you will purchase IGC shares at the current market price or use a limit order to purchase IGC stock at a specific price.
- Get notifications regarding your IGC position: Create a watchlist to key updates about your new investment in Igc Pharma shares.
Step 1: Choose where to buy Igc Pharma stock
You will need an online brokerage account in order to access the NYSEMKT market and buy IGC shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you can invest in IGC stock today.
How to Set Up 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 start a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on a good online stock trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing funds into your new investment account.
Step 4: Analyze Igc Pharma stock
After you have identified the best place to buy Igc Pharma stock, it's absolutely critical to research their stock before you invest, so you can understand the risk and opportunity.
Igc Pharma quick stats
Fundamentals of IGC
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on IGC's stock page.
Is IGC stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge IGC's fair value.
Using relative valuations metrics:
- IGC may be undervalued based on its P/B ratio of 3.86x, relative to Biotechnology industry P/B ratio of 4.45x
You can access more valuation analysis on IGC's stock here.
IGC Financial Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the IGC balance sheet.
- There are more short-term assets than long-term liabilities on the IGC balance sheet.
Negative Financial Indicators:
- Total IGC debt is higher than 5 years ago, relative to shareholder equity.
- IGC has a relatively high debt to equity ratio of 0.45.
- IGC has $868.00k in cash and short term investments. This is not enough to cover its annual cash burn of $4.68M.
- IGC has cash burn of 4682000. It does not have sufficient cash and short-term investments to cover this.
- IGC profit margin has gone up by 4.51 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy Igc Pharma stock, according to Wall Street analysts?
Out of 2 sell side analysts who monitor IGC, the consensus analyst rating on Igc Pharma is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Igc Pharma stock forecast page.
IGC Momentum
IGC Performance Numbers
Last year, IGC revenue was $1.24M. During the last five year, IGC's revenue has gone up by -26.04% per year. This was slower than the Biotechnology industry average of 45.66%.
You can analyze IGC's earnings and revenue performance here.
What are IGC insiders up to?
In the past 12 months, executives and large shareholders at IGC have bought more shares than they have sold.
James P. Moran, Director of IGC, was the latest IGC insider to buy. They bought $199,999.90 worth of IGC stock on Sep 25, 2024.
Dig into more about who owns IGC stock here.
Does IGC stock generate passive income?
No, Igc Pharma doesn't provide an income stream by paying out dividends.
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Step 5: Place your IGC trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your IGC position
Now that you own some shares in IGC, you'll want to keep up with your company.
Create a watchlist to keep tabs on your IGC stock.
IGC Feed
How to Buy Stock in Igc Pharma
To summarize, here are the 6 steps to buy stock in Igc Pharma:
- Choose where to buy Igc Pharma stock
- Create a brokerage account
- Fund your investment account
- Analyze Igc Pharma stock
- Place your IGC trade
- Get notifications regarding your IGC position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Igc Pharma, add IGC to your watchlist below.
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