How to Buy Invitae Stock
Invitae Corp
Invitae is a diagnostic & research company located in California, United States, which is part of the Healthcare sector, and is traded under the ticker NVTA on the NYSE exchange.
Invitae stock last closed at $0.57, down 0.35% from the previous day, and has decreased 76.84% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.63 percentage points. Invitae stock is currently +58.89% from its 52-week low of $0.36, and -80.54% from its 52-week high of $2.94.
At the moment, there are 286.49M shares of NVTA outstanding. The market capitalization of NVTA is $163.87M. In the past 24 hours, 3.84M NVTA shares were traded.
How to Buy Invitae Stock
Not sure how to invest in Invitae stock? Here's how.
- Figure out where to buy Invitae stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Invitae stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your information.
- Research Invitae stock: The Invitae ticker symbol is NVTA. Is Invitae stock a good investment? Should you buy shares of NVTA? How do NVTA's underlying business fundamentals look? Do top analysts think Invitae is a good buy? Why has NVTA's stock price moved recently? (Hint: Our stock market research tools can help you decide if NVTA is a good stock to buy).
- Make your NVTA trade: Decide if you will purchase NVTA shares at the current market price or use a limit order to purchase NVTA stock at a specific price.
- Get the latest news on your investment in NVTA: Create a watchlist to key updates about your investment in Invitae shares.
Step 1: Figure out where to buy Invitae stock
You will need a brokerage account to access the NYSE market and buy NVTA shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Technology to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can invest in NVTA today.
How to Open 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.
- Enter your personal details to open a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on one of the best stock trading apps, you need to deposit funds:
Watch the walkthrough below if you need help transferring money into your new brokerage account.
Step 4: Research Invitae stock
After you have identified the best place to buy Invitae stock, it's absolutely critical to research their stock prior to buying, so you actually understand the risk and upside.
Invitae stock data
NVTA Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on NVTA's stock page.
What is the fair value of NVTA stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NVTA's fair value.
You can do more valuation research on NVTA's stock here.
A look at NVTA Cashflows and Balance Sheet
Passed Health Checks:
- NVTA has $264.67M in cash and short term investments. This is enough to cover its annual cash burn of $247.49M.
- There are more short-term assets than short-term liabilities on the NVTA balance sheet.
- NVTA has cash burn of 247486000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- Total NVTA debt is still negative.
- NVTA debt to equity ratio of -1.49 is negative.
- NVTA profit margin has gone up by 3.19 percentage points in the past year, but the company is still unprofitable.
- There are more long-term liabilities than short-term assets on the NVTA balance sheet.
Is Invitae stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on NVTA, the consensus analyst rating on NVTA is a Strong Sell
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Invitae stock forecast page.
NVTA Technical Indicators
NVTA Revenue
Last year, NVTA revenue was $481.58M. Over the past 5 year, NVTA's revenue has grown by 30.4% per year. This was faster than the Diagnostics & Research industry average of 13%.
Dig into NVTA's earnings and revenue performance here.
Who is buying/selling NVTA?
Over the last 12 months, insiders at NVTA have sold more shares than they have bought.
Thomas Brida, General Counsel Chief Compliance Officer and Secretary of NVTA, was the latest NVTA insider to sell. They sold $9,747.78 worth of NVTA shares on Jun 13, 2023.
Learn more about who owns NVTA shares here.
Does NVTA stock generate passive income?
No, Invitae doesn't provide an income stream by paying out dividends.
NVTA Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your NVTA trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open Trade button and eToro will place the order.
If you need additional help with buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in NVTA
Now that you own some shares in NVTA, you'll want to keep up with your new company.
Create a watchlist to track the latest developments regarding your NVTA stock.
NVTA Feed
How to Buy Stock in Invitae
To reiterate, here are the 6 steps to buy stock in Invitae:
- Figure out where to buy Invitae stock
- Open a brokerage account
- Deposit money your investment account
- Research Invitae stock
- Make your NVTA trade
- Get the latest news on your investment in NVTA
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Invitae, hit the button below to create your watchlist.
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