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 $0.44, down 3.94% from the previous day, and has increased 31.04% in one year. It has overperformed other stocks in the Biotechnology industry by 0.55 percentage points. Igc Pharma stock is currently +75.6% from its 52-week low of $0.25, and -51.76% from its 52-week high of $0.91.
At the moment, there are 63.73M shares of IGC outstanding. The market cap of IGC is $27.98M. In the last 24 hours, 428,730 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.
Our favorite brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Technology to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the world's leading stock 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 fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by opening an account with eToro now.
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 3.09x, relative to Biotechnology industry P/B ratio of 5.86x
You can access more valuation analysis on IGC's stock here.
IGC Financial Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the IGC balance sheet.
- There are more short-term assets than short-term liabilities on the IGC balance sheet.
- IGC has a low debt to equity ratio of 0.24.
- IGC has $1.57M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.28M.
Negative Financial Indicators:
- IGC has cash burn of 6282000. It does not have enough cash and short-term investments to cover this.
- Total IGC debt is higher than 5 years ago, relative to shareholder equity.
- IGC profit margin has gone up by 4.47 percentage points in the past year, but the company is still unprofitable.
IGC Technical Indicators
IGC Performance Metrics
Last year, IGC revenue was $1.22M. During the past 5 year, IGC's revenue has grown by -23.74% per year. This was slower than the Biotechnology industry average of 28.91%.
Learn more about IGC's earnings and revenue performance here.
Latest Insiders Trades at IGC
In the last year, executives and large shareholders at IGC have not bought or sold any shares.
Learn more about who owns IGC stock here.
Can I rely on IGC as an income stream?
No, Igc Pharma doesn't provide an income stream by paying out dividends.
IGC Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your IGC trade
You have 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 security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place your order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your IGC position
Now that you own some IGC shares, you'll want to keep up with your new investment.
Make a watchlist to track the most important metrics related to your IGC stock.
IGC Feed
No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.
How to Buy Stock in Igc Pharma
To reiterate, here are the 6 steps to buy Igc Pharma stock:
- 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 need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Igc Pharma, create your watchlist below.
Related Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.