How to Buy Imunon Stock
Imunon Inc
Imunon, Inc. , a clinical stage biotechnology company, focuses on the development and commercialization of DNA-based immunotherapies, vaccines, and directed chemotherapies.
Imunon stock last closed at $1.01, up 1% from the previous day, and has decreased 1.94% in one year. It has overperformed other stocks in the Biotechnology industry by 0.1 percentage points. Imunon stock is currently +110.42% from its 52-week low of $0.48, and -72.33% from its 52-week high of $3.65.
At the moment, there are 14.4M shares of IMNN outstanding. The market capitalization of IMNN is $14.54M. In the past 24 hours, 110,267 IMNN shares were traded.
How to Buy Imunon Stock
Not sure how to invest in Imunon stock? Here's how.
- Choose where to buy Imunon stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Imunon stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your info.
- Evaluate Imunon stock: The Imunon ticker symbol is IMNN. Is Imunon stock a good investment? Should you buy shares of IMNN? How do IMNN's underlying business fundamentals look? Do top analysts think Imunon is a good buy? Why has IMNN's stock price moved recently? (Hint: Our stock analysis website can help you figure out if IMNN is a good stock to buy).
- Make your IMNN purchase: Decide if you will purchase IMNN shares at the current market price or use a limit order to purchase IMNN stock at a particular price.
- Get notifications regarding your IMNN investment: Create a watchlist to watch your position in Imunon shares.
Step 1: Choose where to buy Imunon stock
You will need an online brokerage account to access the NASDAQ market and buy IMNN shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
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- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you are able to invest in IMNN 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.
- Provide your personal info to create a new trading account.
- Send your application by pressing 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 stock market app, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Evaluate Imunon stock
Once you have figured out the best place to buy Imunon stock, it's very important to evaluate their stock before you invest, so you can wrap your head around the risk as well as the upside.
Imunon shares data
IMNN Overview
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on IMNN's stock page.
What is the fair value of IMNN stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge IMNN's fair value.
Using relative valuations ratios:
- IMNN could be undervalued based on its P/B ratio of 3.89x, relative to Biotechnology industry P/B ratio of 5.92x
You can access additional valuation analysis on IMNN's stock here.
IMNN Financial Health Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the IMNN balance sheet.
- There are more short-term assets than short-term liabilities on the IMNN balance sheet.
Failed Financial Due Diligence Checks:
- Total IMNN debt is higher than 5 years ago, relative to shareholder equity.
- IMNN has a relatively high debt to equity ratio of 1.59.
- IMNN has cash burn of 18875309. It does not have enough cash and short-term investments to cover this.
- IMNN has $5.31M in cash and short term investments. This is not sufficient to cover its annual cash burn of $18.88M.
Is it a good time to buy IMNN stock, according to Wall Street analysts?
Out of 2 Equities analysts who give ratings on IMNN, the consensus analyst rating on IMNN is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Imunon stock forecast page.
Metrics for Advanced IMNN Traders
Is IMNN Making Money?
Last year, IMNN revenue was $0.00. During the last five year, IMNN's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 59.85%.
Dive into IMNN's earnings and revenue performance here.
Latest Insiders Trades at IMNN
Over the last 12 months, executives and large shareholders at IMNN have bought more shares than they have sold.
Stacy Lindborg, President and CEO of IMNN, was the latest IMNN insider to buy. They bought $24,500.00 worth of IMNN stock on Aug 15, 2024.
Learn more about who owns IMNN shares here.
Does IMNN stock generate passive income?
No, Imunon doesn't provide an income stream by paying out dividends.
IMNN Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your IMNN 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 usually sufficient. - Limit order: A limit order allows 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, use a limit order.
Hit the Open button and eToro will place your order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your IMNN investment
Now that you own some IMNN shares, you'll want to stay up-to-date on your shares.
Put IMNN on a watchlist to get the latest updates about your IMNN stock.
IMNN Feed
How to Buy Stock in Imunon
To reiterate, here are the 6 steps to buy Imunon stock:
- Choose where to buy Imunon stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Imunon stock
- Make your IMNN purchase
- Get notifications regarding your IMNN investment
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Imunon, create your watchlist below.
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