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 $33.46, up 4.56% from the previous day, and has decreased 12.18% in one year. It has underperformed other stocks in the Asset Management industry by 0.1 percentage points. Phenixfin stock is currently +9.6% from its 52-week low of $30.53, and -16.87% from its 52-week high of $40.25.
There are currently 2.09M PFX shares outstanding. The market capitalization of PFX is $69.96M. In the past 24 hours, 6823 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 decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Phenixfin stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- 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 tools 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 purchase PFX shares at a given price.
- Get updates on your PFX investment: Create a watchlist to get live updates on your new investment in Phenixfin stock.
Step 1: Decide where to buy Phenixfin stock
You need a brokerage account in order to access the NASDAQ market and buy PFX stock.
Our favorite brokerage: eToro
We believe that 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 around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy PFX stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Input your personal info to open a new trading account.
- Submit your information by pressing the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you have created your account on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out the video below if you need help transferring funds into your investment account.
Step 4: Research Phenixfin stock
Once you have chosen the best place to buy Phenixfin stock, it's critical to evaluate their stock before you buy, so you truly understand the risk and upside.
Phenixfin stock at a glance
PFX Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PFX's stock page.
Is PFX stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PFX's true value.
Using relative valuations metrics:
- PFX could be undervalued based on its P/B ratio of 0.53x, relative to Asset Management industry P/B ratio of 2.03x
You can do more valuation analysis on PFX's stock here.
PFX Financial Health Summary
Passed Health Checks:
- Total PFX debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- PFX profit margin has gone down from 38.8% to -17.5% in the past year.
- PFX has a relatively high debt to equity ratio of 0.63.
You can dive deeper into what analysts are forecasting on the Phenixfin stock forecast page.
PFX Momentum
PFX Performance Metrics
Last year, PFX revenue was $18.37M. During the past five year, PFX's revenue has grown by -26.13% per year. This was slower than the Asset Management industry average of 17.48%.
Dive into PFX's earnings and revenue performance here.
Are PFX executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at PFX have bought more shares than they have sold.
Howard Amster, Director of PFX, was the latest PFX insider to buy. They bought $198,584.50 worth of PFX shares on Mar 1, 2023.
Dig into more about who owns PFX stock here.
Does PFX provide a stable income stream?
Phenixfin pays a dividend of 0.36%, compared to the Asset Management industry's average dividend yield of 6.6%. If you owned $1,000 of PFX stock, you would have received $3.62 in the past 12 months.
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 do other investors have to say about PFX?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your PFX buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open button and your broker will execute the order.
If you want additional info about buying stocks on eToro, click the how to 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 investment.
Start a watchlist to keep track of your PFX stock.
PFX Feed
How to Buy Stock in Phenixfin
To summarize, here are the 6 steps to buy Phenixfin stock:
- 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 are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Phenixfin, hit the button below to create your watchlist.
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