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 $0.72, down 4.79% from the previous day, and has decreased 97.35% in one year. It has underperformed other stocks in the Biotechnology industry by 0.74 percentage points. Paxmedica stock is currently +92.47% from its 52-week low of $0.37, and -97.59% from its 52-week high of $29.75.
There are currently 7.41M shares of PXMD outstanding. The market value of PXMD is $5.30M. In the last 24 hours, 712,884 PXMD shares were traded.
How to Buy Paxmedica Stock
Not sure how to invest in Paxmedica stock? Here's how.
- Decide where to buy Paxmedica stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Paxmedica stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your method of payment and add your details.
- 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 tools can help you decide if PXMD is a good stock to buy).
- Place your PXMD purchase: Decide if you will purchase PXMD shares at the current market price or use a limit order to purchase PXMD shares at a specific price.
- Watch your investment in PXMD: Create a watchlist to the latest updates on your new investment in Paxmedica stock.
Step 1: Decide where to buy Paxmedica stock
You need a brokerage account in order to access the NASDAQ market and buy PXMD shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to buy PXMD stock 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.
- Provide your personal info to create your new trading account.
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Step 3: Put funds into your investment account
Now that you've finished signing up on the best app for stock investing, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing funds into your investment account.
Step 4: Evaluate Paxmedica stock
After you have selected the best place to buy Paxmedica stock, it's important to research their stock prior to buying, so you actually comprehend the risk and opportunity.
Paxmedica quick stats
Paxmedica Fundamentals
WallStreetZen was designed to help everyday 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?
Investors use many financial metrics, analyses, models, and charts to gauge PXMD's fair value.
Using relative valuations ratios:
- PXMD could be undervalued based on its P/B ratio of 1.57x, relative to Biotechnology industry P/B ratio of 5.93x
You can access more valuation research on PXMD's stock here.
PXMD Financial Health
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.
- Total PXMD debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- PXMD has $4.71M in cash and short term investments. This is not enough to cover its annual cash burn of $10.77M.
- PXMD has cash burn of 10768504. It does not have enough cash and short-term investments to cover this.
- PXMD has a relatively high debt to equity ratio of 0.68.
Is it a good time to buy PXMD stock, according to analysts?
Out of 1 Wall Street analysts who give recommendations on PXMD, the consensus analyst rating on Paxmedica is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Paxmedica stock forecast page.
PXMD Technical Indicators
Latest Insiders Trades at PXMD
In the past 12 months, insiders at PXMD have sold more shares than they have bought.
Charles J. Casamento, Director of PXMD, was the latest PXMD insider to sell. They sold $684.48 worth of PXMD shares on Mar 12, 2024.
Research more about who owns PXMD shares here.
Does PXMD stock generate passive income?
No, Paxmedica doesn't provide an income stream by paying out dividends.
What others are saying about PXMD
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your PXMD purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open button and your broker will execute your order.
If you want additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your investment in PXMD
Now that you own some PXMD stock, you'll want to keep up with your shares.
Put PXMD on a watchlist to keep track of your PXMD stock.
PXMD Feed
How to Buy Stock in Paxmedica
To summarize, here are the 6 steps to buy Paxmedica stock:
- Decide where to buy Paxmedica stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Paxmedica stock
- Place your PXMD purchase
- Watch your investment in PXMD
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Paxmedica, create your watchlist below.
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