How to Buy Oncocyte Stock
Oncocyte Corp
OncoCyte Corporation, a molecular diagnostics company, researches, develops, and commercializes proprietary laboratory-developed tests for the detection of cancer in the United States and internationally.
Oncocyte stock last closed at $2.39, down 4.4% from the previous day, and has decreased 20.6% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.07 percentage points. Oncocyte stock is currently +20.71% from its 52-week low of $1.98, and -37.43% from its 52-week high of $3.82.
At the moment, there are 16.84M OCX shares outstanding. The market value of OCX is $40.24M. In the past 24 hours, 13,478 OCX shares were traded.
How to Buy Oncocyte Stock
Wondering how to invest in Oncocyte stock? Here's how.
- Choose where to buy Oncocyte stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Oncocyte stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your info.
- Analyze Oncocyte stock: The Oncocyte ticker symbol is OCX. Is Oncocyte stock a good investment? Should you buy shares of OCX? How do OCX's underlying business fundamentals look? Do top analysts think Oncocyte is a good buy? Why has OCX's stock price moved recently? (Hint: Our stock market research tools can help you understand if OCX is a good stock to buy).
- Execute your OCX buy order: Decide if you will purchase OCX shares at the current market price or use a limit order to buy OCX shares at a given price.
- Get updates on your investment in OCX: Create a watchlist to keep track of your position in Oncocyte stock.
Step 1: Choose where to buy Oncocyte stock
You need an online brokerage account to access the NASDAQ market and buy OCX shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to buy OCX today.
How to Create a New 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 start your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on the best stock app, your next step is to transfer the money for your investment:
Watch the video below if you need help transferring money into your new investment account.
Step 4: Analyze Oncocyte stock
Once you have figured out the best place to buy Oncocyte stock, it's absolutely critical to research their stock before you invest, so you actually wrap your head around the risk as well as the upside.
Oncocyte stock quick numbers
Oncocyte Due Diligence Score
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on OCX's stock page.
Is OCX stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge OCX's intrinsic value.
Using relative valuations measures:
- OCX could be overvalued based on its P/B ratio of 4.14x, relative to Diagnostics & Research industry P/B ratio of 4.08x
You can do more valuation analysis on OCX's stock here.
OCX Financial Health Summary
Passed Financial Due Diligence Checks:
- OCX has $5.06M in cash and short term investments. This is sufficient to cover its annual cash burn of $20.49M.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the OCX balance sheet.
- OCX profit margin has gone down from -3,939.1% to -6,142.9% in the past year.
- OCX has cash burn of 20487000. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the OCX balance sheet.
- Total OCX debt is higher than 5 years ago, relative to shareholder equity.
- OCX has a relatively high debt to equity ratio of 6.23.
Is it a good time to buy Oncocyte stock, according to analysts?
Out of 1 Wall Street analysts who research OCX, the consensus analyst rating on Oncocyte is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Oncocyte stock forecast page.
OCX Trading Indicators
OCX Performance Numbers
Last year, OCX revenue was $709.00k. In the past 4 year, OCX's revenue has grown by -0.18% per year. This was slower than the Diagnostics & Research industry average of 9.79%.
Dive into OCX's earnings and revenue performance here.
Are OCX insiders buying or selling the stock?
Over the last year, insiders at OCX have bought more shares than they have sold.
Andrea S. James, Chief Financial Officer of OCX, was the latest OCX insider to buy. They bought $45,800.00 worth of OCX shares on Dec 5, 2024.
Learn more about who owns OCX stock here.
Does OCX provide a stable income stream?
No, Oncocyte doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your OCX buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you require more help buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in OCX
Now that you own some OCX shares, you'll want to stay up-to-date on your new investment.
Put OCX on a watchlist to track your OCX stock.
OCX Feed
How to Buy Stock in Oncocyte
To summarize, here are the 6 steps for buying Oncocyte stock:
- Choose where to buy Oncocyte stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Analyze Oncocyte stock
- Execute your OCX buy order
- Get updates on your investment in OCX
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Oncocyte, add OCX to your watchlist below.
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