How to Buy Novavax Stock
Novavax Inc
Novavax, Inc. , a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs.
Novavax stock last closed at $4.07, up 2.52% from the previous day, and has decreased 49.63% in one year. It has underperformed other stocks in the Biotechnology industry by 0.27 percentage points. Novavax stock is currently +15.23% from its 52-week low of $3.53, and -64.17% from its 52-week high of $11.36.
At the moment, there are 139.95M shares of NVAX outstanding. The market capitalization of NVAX is $569.61M. In the past 24 hours, 2.29M NVAX shares were traded.
How to Buy Novavax Stock
Not sure how to invest in Novavax stock? Here's how.
- Choose where to buy Novavax stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Novavax stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your information.
- Analyze Novavax stock: The Novavax ticker symbol is NVAX. Is Novavax stock a good investment? Should you buy shares of NVAX? How do NVAX's underlying business fundamentals look? Do top analysts think Novavax is a good buy? Why has NVAX's stock price moved recently? (Hint: Our stock analysis website can help you decide if NVAX is a good stock to buy).
- Execute your NVAX buy order: Decide if you will purchase NVAX shares at the current market price or use a limit order to purchase NVAX stock at a particular price.
- Get key alerts regarding your investment in NVAX: Create a watchlist to watch your position in Novavax shares.
Step 1: Choose where to buy Novavax stock
You need a brokerage account to access the NASDAQ market and buy NVAX stock.
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to buy NVAX today.
How to Set Up a New Brokerage 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 info to start your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on mobile trading apps, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing funds into your brokerage account.
Step 4: Analyze Novavax stock
After you have decided on the best place to buy Novavax stock, it's absolutely critical to analyze their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Novavax stock data
NVAX Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on NVAX's stock page.
Is NVAX stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NVAX's fair value.
You can access additional valuation research on NVAX's stock here.
NVAX Financial Overview
Pros:
- There are more short-term assets than long-term liabilities on the NVAX balance sheet.
Cons:
- Total NVAX debt is still negative.
- NVAX has cash burn of 772773000. It does not have enough cash and short-term investments to cover this.
- NVAX profit margin has gone down from -33.2% to -55.4% in the past year.
- There are more short-term liabilities than short-term assets on the NVAX balance sheet.
- NVAX has $578.93M in cash and short term investments. This is not enough to cover its annual cash burn of $772.77M.
- NVAX debt to equity ratio of -3.51 is negative.
Is Novavax stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who research NVAX, the consensus analyst rating on Novavax is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Novavax stock forecast page.
NVAX Momentum
NVAX Earnings
Last year, NVAX revenue was $983.71M. During the last five year, NVAX's revenue has grown by 95.68% per year. This was faster than the Biotechnology industry average of 28.97%.
You can analyze NVAX's earnings and revenue performance here.
Are NVAX insiders buying or selling the stock?
Over the last year, insiders at NVAX have sold more shares than they have bought.
Filip Dubovsky, President RD of NVAX, was the latest NVAX insider to sell. They sold $14,153.65 worth of NVAX shares on Mar 10, 2024.
Learn more about who owns NVAX shares here.
Does NVAX stock generate passive income?
No, Novavax doesn't provide an income stream by paying out dividends.
Get opinions from other traders
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Step 5: Execute your NVAX buy order
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 mostly the easiest way to buy. - 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.
Hit the Open Trade button and eToro will execute the order.
If you need more help buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in NVAX
Now that you own some NVAX shares, you'll want to stay up-to-date on your company.
Make a watchlist to track the latest developments regarding your NVAX stock.
NVAX Feed
How to Buy Stock in Novavax
To summarize, here are the 6 steps for buying Novavax stock:
- Choose where to buy Novavax stock
- Create your brokerage account
- Fund your investment account
- Analyze Novavax stock
- Execute your NVAX buy order
- Get key alerts regarding your investment in NVAX
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Novavax, create a watchlist on WallStreetZen today.
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