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 $1.36, down 5.9% from the previous day, and has increased 4.23% in one year. It has overperformed other stocks in the Biotechnology industry by 0.27 percentage points. Imunon stock is currently +182.29% from its 52-week low of $0.48, and -32.25% from its 52-week high of $2.00.
At the moment, there are 9.4M shares of IMNN outstanding. The market capitalization of IMNN is $12.74M. In the past 24 hours, 63,595 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.
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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 0.95x, relative to Biotechnology industry P/B ratio of 5.91x
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.
- Total IMNN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the IMNN balance sheet.
Failed Financial Due Diligence Checks:
- IMNN has a relatively high debt to equity ratio of 0.64.
- IMNN has cash burn of 19473907. It does not have enough cash and short-term investments to cover this.
- IMNN has $15.70M in cash and short term investments. This is not sufficient to cover its annual cash burn of $19.47M.
Is it a good time to buy IMNN stock, according to Wall Street analysts?
Out of 1 Equities analysts who give ratings on IMNN, the consensus analyst rating on IMNN is a 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 28.77%.
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 not bought or sold any shares.
Learn more about who owns IMNN shares here.
Can I get consistent income from IMNN stock?
No, Imunon doesn't provide an income stream by paying out dividends.
What do other traders have to say about IMNN?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your IMNN purchase
There are two primary 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 is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open button and eToro will place the order.
If you require more assistance investing in 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 keep up with your new investment.
Put IMNN on a watchlist to get the latest updates about your IMNN stock.
IMNN Feed
How to Buy Stock in Imunon
To summarize, here are the 6 steps you need to take to buy Imunon stock right now:
- 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 are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Imunon, click the button below.
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