How to Buy Mangoceuticals Stock

Mangoceuticals Inc

Mangoceuticals, Inc. focuses on develops, markets, and sells various men's wellness products and services through a telemedicine platform. It offers erectile dysfunction products under the Mango brand name.

Mangoceuticals stock last closed at $2.50, down 1.19% from the previous day, and has decreased 78.85% in one year. It has underperformed other stocks in the Health Information Services industry by 0.73 percentage points. Mangoceuticals stock is currently +19.05% from its 52-week low of $2.10, and -85.12% from its 52-week high of $16.80.

At the moment, there are 2.49M MGRX shares outstanding. The market value of MGRX is $6.22M. In the last 24 hours, 59,026 MGRX shares were traded.

How to Buy Mangoceuticals Stock

Not sure how to invest in Mangoceuticals stock? Here's how.

  1. Figure out where to buy Mangoceuticals stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Mangoceuticals stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your method of payment and add your details.
  4. Evaluate Mangoceuticals stock: The Mangoceuticals ticker symbol is MGRX. Is Mangoceuticals stock a good investment? Should you buy shares of MGRX? How do MGRX's underlying business fundamentals look? Do top analysts think Mangoceuticals is a good buy? Why has MGRX's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if MGRX is a good stock to buy).
  5. Execute your MGRX buy order: Decide if you will purchase MGRX shares at the current market price or use a limit order to buy MGRX stock at a given price.
  6. Get notifications regarding your investment in MGRX: Create a watchlist to keep track of your position in Mangoceuticals shares.

Step 1: Figure out where to buy Mangoceuticals stock

You need a brokerage account in order to access the NASDAQ market and buy MGRX shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked your brokerage, it's time to fill out some personal information so you can buy MGRX stock today.

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Step 3: Deposit money your brokerage account

Now that you've created 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 funds into your new investment account.

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Step 4: Evaluate Mangoceuticals stock

Once you have identified the best place to buy Mangoceuticals stock, it's important to analyze their stock before you buy, so you can comprehend the risk and upside.

Mangoceuticals quick stats

MGRX Price
$2.50
1w %
-5.66%
1y %
-78.85%
5y %
N/A
P/E
-0.44x
P/B
0.46x
P/S
6.67x
PEG
N/A
Revenue
$755.00k
Earnings
-$9.33M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$6.22M
Next Earnings
N/A
Next Dividend
N/A

MGRX Overview

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on MGRX's stock page.

What is the fair value of MGRX stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge MGRX's intrinsic value.

Using relative valuations ratios:

  • MGRX could be undervalued based on its P/B ratio of 0.46x, relative to Health Information Services industry P/B ratio of 3.82x

You can access additional valuation research on MGRX's stock here.

MGRX Financial Summary

Signs that MGRX is financially healthy:

  • MGRX has a low debt to equity ratio of 0.11.
  • There are more short-term assets than long-term liabilities on the MGRX balance sheet.

Signs that MGRX is not financially healthy:

  • MGRX has $90.85k in cash and short term investments. This is not sufficient to cover its annual cash burn of $5.43M.
  • MGRX has cash burn of 5431942. It does not have sufficient cash and short-term investments to cover this.
  • MGRX profit margin has gone up by 2.4 percentage points in the past year, but the company is still unprofitable.
  • There are more short-term liabilities than short-term assets on the MGRX balance sheet.

Metrics for Advanced MGRX Traders

SMA10
2.47
SMA20
2.43
SMA50
2.8
SMA100
3.83
SMA200
4
MACD
-0.06
MACD Signal
-0.11
MACD Histogram
0.05
RSI
47.26
Stochastic %K
45.02
Stochastic %D
54.27
StochRSI %K
62.2
StochRSI %D
72.79

Is MGRX Growing Revenue?

Last year, MGRX revenue was $755.00k. Over the past one years, MGRX's revenue has gone up by 52.2% per year. This was faster than the Health Information Services industry average of 22.91%.

Dive into MGRX's earnings and revenue performance here.

Are MGRX executives and large shareholders buying or selling the stock?

Over the past year, executives and large shareholders at MGRX have sold more shares than they have bought.

Alex P. Hamilton, Director of MGRX, was the latest MGRX insider to sell. They sold $34,696.32 worth of MGRX shares on Jun 26, 2024.

Learn more about who owns MGRX stock here.

Can I rely on MGRX as an income stream?

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

MGRX Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your MGRX buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order is an order 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 price limit, place a limit order.

Click the Open button and eToro will place the order.

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Step 6: Get notifications regarding your investment in MGRX

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

Make a watchlist to get the latest updates about your MGRX stock.

MGRX Feed

How to Buy Stock in Mangoceuticals

To reiterate, here are the 6 steps you need to take to buy Mangoceuticals stock right now:

  1. Figure out where to buy Mangoceuticals stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Mangoceuticals stock
  5. Execute your MGRX buy order
  6. Get notifications regarding your investment in MGRX

If you need a online brokerage, 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 keep an eye on your new investment in Mangoceuticals, add MGRX to your watchlist below.

NASDAQ: MGRX
$2.50-0.03 (-1.19%)
Updated Nov 29, 2024
Open eToro Account
NASDAQ: MGRX
$2.50-0.03 (-1.19%)
Updated Nov 29, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mangoceuticals share?

As of Nov 29, 2024, it costs $2.50 to buy one share of Mangoceuticals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.4 shares of MGRX.

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 Mangoceuticals stock?

One way to place an order for Mangoceuticals 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.