How to Buy Phenixfin Stock
Phenixfin Corp
PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies.
Phenixfin stock last closed at $47.45, up 0% from the previous day, and has increased 21.74% in one year. It has overperformed other stocks in the Asset Management industry by 0.11 percentage points. Phenixfin stock is currently +30.43% from its 52-week low of $36.38, and -1.15% from its 52-week high of $48.00.
As of Sep 9, 2024, there are 2.02M PFX shares outstanding. The market value of PFX is $95.84M. In the past 24 hours, 591 PFX shares were traded.
How to Buy Phenixfin Stock
Not sure how to invest in Phenixfin stock? Here's how.
- Decide where to buy Phenixfin stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Phenixfin stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your details.
- Research Phenixfin stock: The Phenixfin ticker symbol is PFX. Is Phenixfin stock a good investment? Should you buy shares of PFX? How do PFX's underlying business fundamentals look? Do top analysts think Phenixfin is a good buy? Why has PFX's stock price moved recently? (Hint: Our stock research website can help you decide if PFX is a good stock to buy).
- Place your PFX buy order: Decide if you will purchase PFX shares at the current market price or use a limit order to buy PFX stock at a given price.
- Get updates on your PFX investment: Create a watchlist to track your new investment in Phenixfin stock.
Step 1: Decide where to buy Phenixfin stock
You need an online brokerage account to access the NASDAQ market and buy PFX shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can invest in PFX stock today.
How to Create 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.
- Provide your personal data to start a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on the best stock market app, your next step is to transfer the money for your investment:
Watch the video below for more details transferring money into your brokerage account.
Step 4: Research Phenixfin stock
Once you have selected the best place to buy Phenixfin stock, it's absolutely critical to analyze their stock before you buy, so you can wrap your head around the risk and opportunity.
Phenixfin Metrics
PFX Overview
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on PFX's stock page.
Is PFX stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge PFX's fair value.
Using relative valuations ratios:
- PFX may be undervalued based on its P/E ratio of 4.93x, relative to Asset Management industry P/E ratio of 33.93x
- PFX may be undervalued based on its P/B ratio of 0.62x, relative to Asset Management industry P/B ratio of 2.49x
You can access additional valuation analysis on PFX's stock here.
PFX Financials at a glance
Passed Health Checks:
- PFX profit margin has gone up from 76.3% to 89.1% in the past year.
- Total PFX debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- PFX's operating cash flow of $2.91M allows it to safely service it's debt of $85.29M.
- PFX earnings of $26.19M is not enough to cover its interest payments.
- PFX has a relatively high debt to equity ratio of 0.6.
You can dive deeper into what analysts are projecting on the Phenixfin stock forecast page.
Metrics for Advanced PFX Traders
Is PFX Making Money?
Last year, PFX earnings were $19.86M. Over the last three year, PFX's earnings have grown by 119.11% per year. This was faster than the Asset Management industry average of 12.81%.
Last year, PFX revenue was $22.29M. Over the last five year, PFX's revenue has gone up by -16.03% per year. This was slower than the Asset Management industry average of 20.54%.
Find out more about PFX's earnings and revenue performance here.
Latest Insiders Trades at PFX
In the past year, insiders at PFX have bought more shares than they have sold.
David A. Lorber, CHAIRMAN AND CEO of PFX, was the latest PFX insider to buy. They bought $35,321.03 worth of PFX shares on Jun 20, 2024.
Learn more about who owns PFX stock here.
Can I rely on PFX as an income stream?
Phenixfin pays a dividend of 2.76%, compared to the Asset Management industry's average dividend yield of 8.04%. If you owned $1,000 of PFX stock, you would have been paid $27.61 in the past year.
Phenixfin dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Phenixfin dividend yield and history here.
What others are saying about PFX
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your PFX buy order
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your PFX investment
Now that you own some PFX shares, you'll want to keep up with your shares.
Make a watchlist to get the latest updates about your PFX stock.
PFX Feed
How to Buy Stock in Phenixfin
To reiterate, here are the 6 steps you need to take to buy Phenixfin stock right now:
- Decide where to buy Phenixfin stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Phenixfin stock
- Place your PFX buy order
- Get updates on your PFX investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your investment in Phenixfin, click below.
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