WallStreetZenWallStreetZen

How to Buy Paxmedica Stock

Paxmedica Inc

PaxMedica, Inc. , a clinical stage biopharmaceutical company, focuses on the development of anti-purinergic drug therapies (APT) for the treatment of disorders with intractable neurologic symptoms.

Paxmedica stock last closed at $2.30, up 7.98% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Biotechnology industry by N/A percentage points. Paxmedica stock is currently +69.12% from its 52-week low of $1.36, and -78.05% from its 52-week high of $10.48.

There are currently 11.78M shares of PXMD outstanding. The market cap of PXMD is $27.09M. In the last 24 hours, 726,234 PXMD shares were traded.

How to Buy Paxmedica Stock

Not sure how to invest in Paxmedica stock? Here's how.
  1. Decide where to buy Paxmedica 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 determine where to buy Paxmedica stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your payment method and add your information.
  4. Evaluate Paxmedica stock: The Paxmedica ticker symbol is PXMD. Is Paxmedica stock a good investment? Should you buy shares of PXMD? How do PXMD's underlying business fundamentals look? Do top analysts think Paxmedica is a good buy? Why has PXMD's stock price moved recently? (Hint: Our stock market research website can help you figure out if PXMD is a good stock to buy).
  5. Place your PXMD purchase: Decide if you will purchase PXMD shares at the current market price or use a limit order to purchase PXMD stock at a specific price.
  6. Watch your investment in PXMD: Create a watchlist to important notifications about your new investment in Paxmedica shares.

Step 1: Decide where to buy Paxmedica stock

You need a brokerage account to access the NASDAQ market and buy PXMD stock.

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

Our favorite brokerage: eToro

Based on our experience, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world financial markets: From Tech to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • 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 shares by signing up for an account with eToro now.

Open eToro Account

Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy PXMD stock today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
  2. Enter your personal data to create your new brokerage account.
  1. Send your info by pressing the "Create Account" button.
Get started with eToro today

Step 3: Put funds into your investment account

Now that you have finished signing up on apps for stock market, you can securely and quickly fund your account:

Watch the walkthrough below for more details transferring money into your brokerage account.

Get started with eToro today

Step 4: Evaluate Paxmedica stock

After you have decided on the best place to buy Paxmedica stock, it's critical to evaluate their stock before you invest, so you can comprehend the risk as well as the opportunity.

Paxmedica shares at a glance

PXMD Price
$2.30
1w %
30.68%
1y %
N/A
5y %
N/A
P/E
N/A
P/B
11.34x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$27.09M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of PXMD

WallStreetZen was built 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 PXMD's stock page.

How is PXMD stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PXMD's true value.

Using relative valuations methods:

  • PXMD may be overvalued based on its P/B ratio of 11.34x, relative to Biotechnology industry P/B ratio of 4.92x

You can access additional valuation analysis on PXMD's stock here.

Is PXMD a healthy company?

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the PXMD balance sheet.
  • There are more short-term assets than long-term liabilities on the PXMD balance sheet.

Negative Health Checks:

  • PXMD has a relatively high debt to equity ratio of 1.5.

Metrics for Advanced PXMD Traders

SMA10
2.23
SMA20
2
SMA50
2.37
SMA100
2.21
SMA200
N/A
MACD
-0.01
MACD Signal
-0.04
MACD Histogram
0.04
RSI
53.13
Stochastic %K
53.85
Stochastic %D
47.24
StochRSI %K
62.07
StochRSI %D
57.74

Are PXMD insiders buying or selling the stock?

Over the last 12 months, insiders at PXMD have sold more shares than they have bought.

John F. Coelho, Director of PXMD, was the latest PXMD insider to sell. They sold $192.40 worth of PXMD stock on Mar 9, 2023.

Learn more about who owns PXMD stock here.

Can I get consistent income from PXMD stock?

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

Get opinions from other traders

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your PXMD 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 generally sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, use a limit order.

Press the Open button and eToro will execute your order.

If you require additional help buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Watch your investment in PXMD

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

Start a watchlist to get alerted to the latest events about your PXMD stock.

PXMD Feed

How to Buy Stock in Paxmedica

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

  1. Decide where to buy Paxmedica stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Evaluate Paxmedica stock
  5. Place your PXMD purchase
  6. Watch your investment in PXMD

If you require a brokerage, eToro is our recommended option.

Get Started with eToro Today

If you would like to monitor your new investment in Paxmedica, click the button below.

NASDAQ: PXMD
$2.30+0.17 (+7.98%)
Updated Mar 29, 2023
Open eToro Account
NASDAQ: PXMD
$2.30+0.17 (+7.98%)
Updated Mar 29, 2023
Open eToro Account

FAQ

How much does it cost to buy one Paxmedica share?

As of Mar 29, 2023, it costs $2.30 to buy one share of Paxmedica 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 0.435 shares of PXMD.

Get Started with eToro Today

What is the best way to buy Paxmedica stock?

One way to place an order for Paxmedica 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.