How to Buy Immuron Stock
Immuron Ltd
Immuron Limited, a biopharmaceutical company, researches, develops, and commercializes polyclonal antibodies in Australia, the United States, and internationally. The company operates through two segments, Research and Development, and Hyperimmune Products.
Immuron stock last closed at $1.88, up 0.8% from the previous day, and has decreased 15.32% in one year. It has overperformed other stocks in the Biotechnology industry by 0.62 percentage points. Immuron stock is currently +17.5% from its 52-week low of $1.60, and -34.49% from its 52-week high of $2.87.
There are currently 228M shares of IMRN outstanding. The market capitalization of IMRN is $10.72M. In the last 24 hours, 36,637 IMRN shares were traded.
How to Buy Immuron Stock
Wondering how to invest in Immuron stock? Here's how.
- Choose where to buy Immuron stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Immuron 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 Immuron stock: The Immuron ticker symbol is IMRN. Is Immuron stock a good investment? Should you buy shares of IMRN? How do IMRN's underlying business fundamentals look? Do top analysts think Immuron is a good buy? Why has IMRN's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if IMRN is a good stock to buy).
- Make your IMRN purchase: Decide if you will purchase IMRN shares at the current market price or use a limit order to purchase IMRN stock at a specific price.
- Get the latest news on your IMRN investment: Create a watchlist to keep track of your investment in Immuron stock.
Step 1: Choose where to buy Immuron stock
You will need an online brokerage account to access the NASDAQ market and buy IMRN shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro boasts 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 cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to invest in IMRN stock today.
How to Set Up 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.
- Input your personal details to create your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on the best stock app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Research Immuron stock
Once you have identified the best place to buy Immuron stock, it's crucial to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.
Immuron Numbers
IMRN Overview
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on IMRN's stock page.
What is the fair value of IMRN stock?
You can use many financial metrics, analyses, models, and charts to gauge IMRN's fair value.
Using relative valuations measures:
- IMRN may be undervalued based on its P/B ratio of 1.65x, relative to Biotechnology industry P/B ratio of 4.45x
You can do more valuation research on IMRN's stock here.
IMRN Financial Overview
Passed Health Checks:
- IMRN has a low debt to equity ratio of 0.18.
- There are more short-term assets than long-term liabilities on the IMRN balance sheet.
- There are more short-term assets than short-term liabilities on the IMRN balance sheet.
Failed Health Checks:
- IMRN has cash burn of 4949611. It does not have enough cash and short-term investments to cover this.
- IMRN profit margin has gone down from -62.9% to -73.9% in the past year.
- Total IMRN debt is higher than 5 years ago, relative to shareholder equity.
- IMRN has $4.87M in cash and short term investments. This is not sufficient to cover its annual cash burn of $4.95M.
You can dig deeper into what analysts are forecasting on the Immuron stock forecast page.
IMRN Technicals
IMRN Performance Numbers
Last year, IMRN revenue was $6.26M. In the past five year, IMRN's revenue has gone up by 24.4% per year. This was slower than the Biotechnology industry average of 45.66%.
Dive into IMRN's earnings and revenue performance here.
Are IMRN executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at IMRN have not bought or sold any shares.
Dig into more about who owns IMRN stock here.
Can I rely on IMRN as an income stream?
No, Immuron doesn't provide an income stream by paying out dividends.
What others are saying about IMRN
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your IMRN purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most 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 sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and your broker will place the order.
If you need additional help with buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your IMRN investment
Now that you own some IMRN shares, you'll want to stay up-to-date on your new shares.
Put IMRN on a watchlist to get notified of the latest news about your IMRN stock.
IMRN Feed
How to Buy Stock in Immuron
To summarize, here are the 6 steps for buying Immuron stock:
- Choose where to buy Immuron stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Immuron stock
- Make your IMRN purchase
- Get the latest news on your IMRN investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Immuron, create a watchlist on WallStreetZen today.
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