How to Buy Immunome Stock
Immunome Inc
Immunome, Inc. , a biopharmaceutical company, discovers and develops antibody therapeutics for oncology and infectious disease.
Immunome stock last closed at $15.75, up 5.21% from the previous day, and has increased 209.43% in one year. It has overperformed other stocks in the Biotechnology industry by 2.28 percentage points. Immunome stock is currently +250% from its 52-week low of $4.50, and -49.12% from its 52-week high of $30.96.
At the moment, there are 59.69M IMNM shares outstanding. The market value of IMNM is $940.18M. In the last 24 hours, 728,421 IMNM shares were traded.
How to Buy Immunome Stock
Not sure how to invest in Immunome stock? Here's how.
- Figure out where to buy Immunome stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Immunome stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Research Immunome stock: The Immunome ticker symbol is IMNM. Is Immunome stock a good investment? Should you buy shares of IMNM? How do IMNM's underlying business fundamentals look? Do top analysts think Immunome is a good buy? Why has IMNM's stock price moved recently? (Hint: Our stock market research tools can help you decide if IMNM is a good stock to buy).
- Make your IMNM purchase: Decide if you will purchase IMNM shares at the current market price or use a limit order to purchase IMNM stock at a specific price.
- Watch your IMNM position: Create a watchlist to important updates regarding your new investment in Immunome stock.
Step 1: Figure out where to buy Immunome stock
You need an online brokerage account to access the NASDAQ market and buy IMNM stock.
Our recommended brokerage: eToro
We believe that eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community with 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 cryptos.
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 picked your brokerage, it's time to fill out some personal info so you can invest in IMNM 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.
- Provide your personal details to start your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on the best stock app, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring funds into your investment account.
Step 4: Research Immunome stock
After you have selected the best place to buy Immunome stock, it's absolutely critical to analyze their stock before you invest, so you truly understand the risk as well as the upside.
Immunome quick stats
Immunome Due Diligence Checks
WallStreetZen was created to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on IMNM's stock page.
Is IMNM stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge IMNM's fair value.
Using relative valuations metrics:
- IMNM could be overvalued based on its P/B ratio of 7.84x, relative to Biotechnology industry P/B ratio of 6.01x
You can access more valuation analysis on IMNM's stock here.
IMNM Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the IMNM balance sheet.
- Total IMNM debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the IMNM balance sheet.
- IMNM has cash burn of 8399000. It has sufficient cash and short-term investments to cover this for at least one year.
- IMNM has a low debt to equity ratio of 0.24.
- IMNM has $138.24M in cash and short term investments. This is sufficient to cover its annual cash burn of $8.40M.
Negative Financial Indicators:
- IMNM profit margin has gone down from N/A to -761.9% in the past year.
Do analysts think it's a good time to buy IMNM stock
Out of 3 Equities analysts who track IMNM, the consensus analyst rating on IMNM is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Immunome stock forecast page.
IMNM Technical Indicators
What are IMNM insiders up to?
In the past year, insiders at IMNM have bought more shares than they have sold.
Michael Rapp, Director of IMNM, was the latest IMNM insider to buy. They bought $1,499,993.46 worth of IMNM stock on Oct 2, 2023.
Learn more about who owns IMNM stock here.
Does IMNM stock generate passive income?
No, Immunome doesn't provide an income stream by paying out dividends.
IMNM Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your IMNM 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 available price.
Market orders are generally 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 be sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Watch your IMNM position
Now that you own some IMNM shares, you'll want to stay up-to-date on your new shares.
Add IMNM to a watchlist to get alerted to the latest events about your IMNM stock.
IMNM Feed
How to Buy Stock in Immunome
To summarize, here are the 6 steps for buying Immunome stock:
- Figure out where to buy Immunome stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Immunome stock
- Make your IMNM purchase
- Watch your IMNM position
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Immunome, create a watchlist on WallStreetZen today.
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