How to Buy Kodiak Sciences Stock
Kodiak Sciences Inc
Kodiak Sciences Inc. , a clinical stage biopharmaceutical company, researches, develops, and commercializes therapeutics to treat retinal diseases.
Kodiak Sciences stock last closed at $3.19, down 5.77% from the previous day, and has decreased 30.76% in one year. It has underperformed other stocks in the Biotechnology industry by 0.07 percentage points. Kodiak Sciences stock is currently +132.48% from its 52-week low of $1.37, and -67.5% from its 52-week high of $9.80.
As of Apr 25, 2024, there are 52.51M KOD shares outstanding. The market cap of KOD is $167.24M. In the past 24 hours, 322,041 KOD shares were traded.
How to Buy Kodiak Sciences Stock
Not sure how to invest in Kodiak Sciences stock? Here's how.
- Choose where to buy Kodiak Sciences stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Kodiak Sciences stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Analyze Kodiak Sciences stock: The Kodiak Sciences ticker symbol is KOD. Is Kodiak Sciences stock a good investment? Should you buy shares of KOD? How do KOD's underlying business fundamentals look? Do top analysts think Kodiak Sciences is a good buy? Why has KOD's stock price moved recently? (Hint: Our stock market analysis website can help you decide if KOD is a good stock to buy).
- Place your KOD purchase: Decide if you will purchase KOD shares at the current market price or use a limit order to purchase KOD shares at a specific price.
- Track your KOD position: Create a watchlist to monitor your new investment in Kodiak Sciences shares.
Step 1: Choose where to buy Kodiak Sciences stock
You need an online brokerage account to access the NASDAQ market and buy KOD stock.
Our favorite brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you can buy KOD stock today.
How to Start 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.
- Input your personal details to create your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on app for investing, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing money into your new brokerage account.
Step 4: Analyze Kodiak Sciences stock
Once you have decided on the best place to buy Kodiak Sciences stock, it's critical to evaluate their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Overview of key KOD info
Fundamentals of KOD
WallStreetZen was created to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on KOD's stock page.
Is KOD stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge KOD's true value.
Using relative valuations methods:
- KOD may be undervalued based on its P/B ratio of 0.63x, relative to Biotechnology industry P/B ratio of 5.8x
You can do additional valuation research on KOD's stock here.
KOD Financial Health
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the KOD balance sheet.
- KOD has cash burn of 195610000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the KOD balance sheet.
Failed Financial Due Diligence Checks:
- KOD has $291.83M in cash and short term investments. This is not sufficient to cover its annual cash burn of $195.61M.
- KOD has a relatively high debt to equity ratio of 0.8.
- Total KOD debt is higher than 5 years ago, relative to shareholder equity.
Is Kodiak Sciences stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Equities analysts who monitor KOD, the consensus analyst rating on KOD is a Strong Sell
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Kodiak Sciences stock forecast page.
KOD Trading Indicators
What are KOD insiders up to?
In the last year, executives and large shareholders at KOD have sold more shares than they have bought.
John A. Borgeson, Executive Vice President and Chief Financial Officer of KOD, was the latest KOD insider to sell. They sold $25,373.27 worth of KOD stock on Jun 16, 2023.
Dig into more about who owns KOD shares here.
Can I get consistent income from KOD stock?
No, Kodiak Sciences doesn't provide an income stream by paying out dividends.
What do other traders have to say about KOD?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your KOD purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open button and eToro will place your order.
If you need more help investing in stocks on eToro, watch the helpful video below:
Step 6: Track your KOD position
Now that you own some shares in KOD, you'll want to keep up with your company.
Make a watchlist to track the most important metrics related to your KOD stock.
KOD Feed
How to Buy Stock in Kodiak Sciences
To reiterate, here are the 6 steps to buy Kodiak Sciences stock:
- Choose where to buy Kodiak Sciences stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Analyze Kodiak Sciences stock
- Place your KOD purchase
- Track your KOD position
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Kodiak Sciences, get started below.
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