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How to Buy Olink Holding Ab Stock

Olink Holding Ab

Olink Holding AB (publ) provides various products and services for the academic, government, biopharmaceutical, biotechnology, and other institutions that focuses on life science research.

Olink Holding Ab stock last closed at $22.27, down 0.09% from the previous day, and has increased 1.92% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.12 percentage points. Olink Holding Ab stock is currently +57.94% from its 52-week low of $14.10, and -14.38% from its 52-week high of $26.01.

As of Apr 18, 2024, there are 124.34M shares of OLK outstanding. The market cap of OLK is $2.77B. In the past 24 hours, 886,953 OLK shares were traded.

How to Buy Olink Holding Ab Stock

Wondering how to invest in Olink Holding Ab stock? Here's how.
  1. Decide where to buy Olink Holding Ab stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Olink Holding Ab stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Analyze Olink Holding Ab stock: The Olink Holding Ab ticker symbol is OLK. Is Olink Holding Ab stock a good investment? Should you buy shares of OLK? How do OLK's underlying business fundamentals look? Do top analysts think Olink Holding Ab is a good buy? Why has OLK's stock price moved recently? (Hint: Our stock research tools can help you evaluate if OLK is a good stock to buy).
  5. Execute your OLK purchase: Decide if you will purchase OLK shares at the current market price or use a limit order to purchase OLK stock at a given price.
  6. Track your investment in OLK: Create a watchlist to important notifications about your new investment in Olink Holding Ab stock.

Step 1: Decide where to buy Olink Holding Ab stock

You need an online brokerage account in order to access the NASDAQ market and buy OLK stock.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you can buy OLK stock today.

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Step 3: Fund your brokerage account

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Step 4: Analyze Olink Holding Ab stock

After you have decided on the best place to buy Olink Holding Ab stock, it's critical to research their stock before you buy, so you can understand the risk as well as the upside.

Olink Holding Ab Metrics

OLK Price
$22.27
1w %
-3.3%
1y %
1.92%
5y %
N/A
P/E
-89.08x
P/B
5.51x
P/S
16.33x
PEG
N/A
Revenue
$169.60M
Earnings
-$31.60M
Fore. Rev. Growth
24.72%
Fore. Earn. Growth
N/A
Market Cap
$2.77B
Next Earnings
May 9, 2024
Next Dividend
N/A

Olink Holding Ab Fundamentals

WallStreetZen was designed to help average investors perform better fundamental analysis.

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

What is the fair value of OLK stock?

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

Using relative valuations measures:

  • OLK may be overvalued based on its P/B ratio of 5.51x, relative to Diagnostics & Research industry P/B ratio of 4.01x

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

OLK Financial Health

Positive Financial Indicators:

  • OLK has cash burn of 48965000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the OLK balance sheet.
  • There are more short-term assets than long-term liabilities on the OLK balance sheet.
  • OLK has a low debt to equity ratio of 0.2.

Negative Financial Indicators:

  • OLK profit margin has gone down from -9.2% to -18.6% in the past year.
  • OLK has $120.96M in cash and short term investments. This is not enough to cover its annual cash burn of $48.97M.

Is it a good time to buy OLK stock, according to analysts?

Out of 2 Wall Street analysts who give forecasts on OLK, the consensus analyst rating on Olink Holding Ab is a Hold

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Olink Holding Ab stock forecast page.

OLK Technicals

SMA10
22.87
SMA20
23.33
SMA50
23.43
SMA100
24.38
SMA200
21.56
MACD
-0.33
MACD Signal
-0.21
MACD Histogram
-0.12
RSI
23.96
Stochastic %K
7.42
Stochastic %D
8.75
StochRSI %K
0
StochRSI %D
0

Is OLK Making Money?

Last year, OLK revenue was $169.60M. Over the last four year, OLK's revenue has gone up by 42.02% per year. This was faster than the Diagnostics & Research industry average of 12.99%.

Find out more about OLK's earnings and revenue performance here.

Latest Insiders Trades at OLK

Over the last 12 months, executives and large shareholders at OLK have not bought or sold any shares.

Get more info about who owns OLK shares here.

Can I get consistent income from OLK stock?

No, Olink Holding Ab doesn't provide an income stream by paying out dividends.

What do other traders have to say about OLK?

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Step 5: Execute your OLK purchase

There are two main options:

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

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Step 6: Track your investment in OLK

Now that you own some OLK shares, you'll want to keep up with your new investment.

Start a watchlist to get the latest updates about your OLK stock.

OLK Feed

How to Buy Stock in Olink Holding Ab

To reiterate, here are the 6 steps to buy stock in Olink Holding Ab:

  1. Decide where to buy Olink Holding Ab stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Olink Holding Ab stock
  5. Execute your OLK purchase
  6. Track your investment in OLK

If you are looking for a online brokerage, eToro is our favorite option.

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 would like to keep an eye on your new investment in Olink Holding Ab, add OLK to your watchlist below.

NASDAQ: OLK
$22.27-0.02 (-0.09%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: OLK
$22.27-0.02 (-0.09%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Olink Holding Ab share?

As of Apr 18, 2024, it costs $22.27 to buy one share of Olink Holding Ab stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.449 shares of OLK.

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

Is now a good time to buy Olink Holding Ab stock?

According to 2 Wall Street analysts who monitor Olink Holding Ab, their consensus recommendation is to hold Olink Holding Ab stock.

What is the best way to buy Olink Holding Ab stock?

One way to place an order for Olink Holding Ab 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.