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How to Buy Innoviva Stock

Innoviva Inc

Innoviva, Inc. engages in the development and commercialization of pharmaceuticals in the United States and internationally.

Innoviva stock last closed at $15.24, down 0.26% from the previous day, and has increased 34.04% in one year. It has overperformed other stocks in the Biotechnology industry by 0.52 percentage points. Innoviva stock is currently +43.23% from its 52-week low of $10.64, and -9.64% from its 52-week high of $16.87.

At the moment, there are 63.23M INVA shares outstanding. The market value of INVA is $963.58M. In the past 24 hours, 1.48M INVA shares were traded.

How to Buy Innoviva Stock

Not sure how to invest in Innoviva stock? Here's how.
  1. Figure out where to buy Innoviva stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Innoviva stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your method of payment and add your information.
  4. Analyze Innoviva stock: The Innoviva ticker symbol is INVA. Is Innoviva stock a good investment? Should you buy shares of INVA? How do INVA's underlying business fundamentals look? Do top analysts think Innoviva is a good buy? Why has INVA's stock price moved recently? (Hint: Our stock research tools can help you figure out if INVA is a good stock to buy).
  5. Place your INVA trade: Decide if you will purchase INVA shares at the current market price or use a limit order to purchase INVA stock at a specific price.
  6. Get the latest news on your investment in INVA: Create a watchlist to get the latest news on your investment in Innoviva stock.

Step 1: Figure out where to buy Innoviva stock

You will need a brokerage account in order to access the NASDAQ market and buy INVA stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal details so you can invest in INVA today.

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  2. Provide your personal data to open a new brokerage account.
  1. Send your info by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have opened your account on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:

Check out the tutorial below if you need help transferring money into your brokerage account.

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Step 4: Analyze Innoviva stock

After you have identified the best place to buy Innoviva stock, it's very important to research their stock before you invest, so you can wrap your head around the risk and upside.

Innoviva stock quick numbers

INVA Price
$15.24
1w %
-1.55%
1y %
34.04%
5y %
-0.59%
P/E
5.54x
P/B
1.43x
P/S
3.21x
PEG
N/A
Revenue
$310.46M
Earnings
$179.72M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$963.58M
Next Earnings
N/A
Next Dividend
N/A

INVA Due Diligence Checks

WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on INVA's stock page.

Is INVA stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge INVA's intrinsic value.

Using relative valuations ratios:

  • INVA may be undervalued based on its P/E ratio of 5.54x, relative to Biotechnology industry P/E ratio of 15.19x
  • INVA may be undervalued based on its P/B ratio of 1.43x, relative to Biotechnology industry P/B ratio of 6.18x

You can do additional valuation research on INVA's stock here.

INVA Financial Health Summary

Positive Financial Indicators:

  • Total INVA debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the INVA balance sheet.
  • INVA's operating cash flow of $141.06M allows it to safely service it's debt of $446.23M.
  • INVA earnings of $213.26M is not enough to cover its interest payments.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the INVA balance sheet.
  • INVA has a relatively high debt to equity ratio of 0.84.
  • INVA profit margin has gone down from 64.6% to 57.9% in the past year.

You can dig deeper into what analysts are forecasting on the Innoviva stock forecast page.

INVA Technicals

SMA10
15.5
SMA20
15.62
SMA50
16.07
SMA100
14.9
SMA200
13.97
MACD
-0.19
MACD Signal
-0.14
MACD Histogram
-0.05
RSI
36.46
Stochastic %K
13.37
Stochastic %D
15.15
StochRSI %K
0
StochRSI %D
2.62

INVA Revenue

Last year, INVA earnings were $179.72M. In the past five year, INVA's earnings have increased by -6.84% per year. This was slower than the Biotechnology industry average of 9.08%.

Last year, INVA revenue was $310.46M. Over the past five year, INVA's revenue has increased by 3.53% per year. This was slower than the Biotechnology industry average of 30.45%.

Dive into INVA's earnings and revenue performance here.

Who is buying/selling INVA?

Over the past year, insiders at INVA have bought more shares than they have sold.

Matthew Ronsheim, Officer of INVA, was the latest INVA insider to sell. They sold $12,750.60 worth of INVA stock on Feb 20, 2024.

Learn more about who owns INVA stock here.

Can I rely on INVA as an income stream?

No, Innoviva doesn't provide an income stream by paying out dividends.

What do other traders have to say about INVA?

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 INVA trade

You have two main order types:

  • 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 best for newer 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 an exact price, use a limit order.

Click the Open Trade button and eToro will place the order.

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Step 6: Get the latest news on your investment in INVA

Now that you own some INVA stock, you'll want to keep up with your investment.

Start a watchlist to monitor your INVA stock.

INVA Feed

How to Buy Stock in Innoviva

To summarize, here are the 6 steps for buying Innoviva stock:

  1. Figure out where to buy Innoviva stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Analyze Innoviva stock
  5. Place your INVA trade
  6. Get the latest news on your investment in INVA

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Innoviva, get started below.

NASDAQ: INVA
$15.24-0.04 (-0.26%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: INVA
$15.24-0.04 (-0.26%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Innoviva share?

As of Mar 1, 2024, it costs $15.24 to buy one share of Innoviva stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.459 shares of INVA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Innoviva stock?

One way to place an order for Innoviva stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.