How to Buy Inhibrx Biosciences Stock
Inhibrx Biosciences Inc
Inhibrx Biosciences, Inc. , a clinical-stage biopharmaceutical company, engages in the development of biologic therapeutics for people with life-threatening conditions.
Inhibrx Biosciences stock last closed at $14.57, up 1.67% from the previous day, and has decreased 12.18% in one year. It has overperformed other stocks in the Biotechnology industry by 0.64 percentage points. Inhibrx Biosciences stock is currently +34.91% from its 52-week low of $10.80, and -18.1% from its 52-week high of $17.79.
At the moment, there are 14.48M shares of INBX outstanding. The market capitalization of INBX is $210.91M. In the past 24 hours, 52,000 INBX shares were traded.
How to Buy Inhibrx Biosciences Stock
Not sure how to invest in Inhibrx Biosciences stock? Here's how.
- Choose where to buy Inhibrx Biosciences stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Inhibrx Biosciences stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your info.
- Evaluate Inhibrx Biosciences stock: The Inhibrx Biosciences ticker symbol is INBX. Is Inhibrx Biosciences stock a good investment? Should you buy shares of INBX? How do INBX's underlying business fundamentals look? Do top analysts think Inhibrx Biosciences is a good buy? Why has INBX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if INBX is a good stock to buy).
- Execute your INBX buy order: Decide if you will purchase INBX shares at the current market price or use a limit order to purchase INBX shares at a specific price.
- Get the latest scoop on your INBX position: Create a watchlist to monitor your position in Inhibrx Biosciences stock.
Step 1: Choose where to buy Inhibrx Biosciences stock
You need an online brokerage account to access the NASDAQ market and buy INBX shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal details so you can buy INBX today.
How to Open a New 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 open a new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on a investment app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing money into your investment account.
Step 4: Evaluate Inhibrx Biosciences stock
Once you have identified the best place to buy Inhibrx Biosciences stock, it's important to evaluate their stock before you invest, so you truly comprehend the risk and upside.
Inhibrx Biosciences shares at a glance
Inhibrx Biosciences Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on INBX's stock page.
Is INBX stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge INBX's fair value.
Using relative valuations ratios:
- INBX could be undervalued based on its P/E ratio of 0.13x, relative to Biotechnology industry P/E ratio of -108.97x
- INBX could be undervalued based on its P/B ratio of 2.23x, relative to Biotechnology industry P/B ratio of 4.66x
You can access more valuation analysis on INBX's stock here.
INBX Financial Health
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the INBX balance sheet.
- INBX has cash burn of 168753000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the INBX balance sheet.
- INBX has $216.52M in cash and short term investments. This is sufficient to cover its annual cash burn of $168.75M.
- INBX profit margin has gone up from -15,207.8% to 861,485.5% in the past year.
Negative Health Checks:
- INBX has a relatively high debt to equity ratio of 1.57.
You can dig deeper into what analysts are saying on the Inhibrx Biosciences stock forecast page.
INBX Momentum
INBX Growth Metrics
Last year, INBX revenue was $200.00k. In the past 1 years, INBX's revenue has gone up by -88.78% per year. This was slower than the Biotechnology industry average of 43.24%.
You can research INBX's earnings and revenue performance here.
Are INBX executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at INBX have bought more shares than they have sold.
Jon Faiz Kayyem, Director of INBX, was the latest INBX insider to buy. They bought $266,100.00 worth of INBX shares on Nov 20, 2024.
Research more about who owns INBX stock here.
Can I get consistent income from INBX stock?
No, Inhibrx Biosciences doesn't provide an income stream by paying out dividends.
What others are saying about INBX
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your INBX buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you require more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your INBX position
Now that you own some INBX shares, you'll want to keep up with your new stock purchase.
Add INBX to a watchlist to get the latest updates about your INBX stock.
INBX Feed
How to Buy Stock in Inhibrx Biosciences
To reiterate, here are the 6 steps to buy stock in Inhibrx Biosciences:
- Choose where to buy Inhibrx Biosciences stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Inhibrx Biosciences stock
- Execute your INBX buy order
- Get the latest scoop on your INBX position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Inhibrx Biosciences, create a watchlist today.
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