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How to Buy Prenetics Global Stock

Prenetics Global Ltd

Prenetics Global Limited, an investment holding company, operates as a diagnostics and genetic testing company.

Prenetics Global stock last closed at $5.38, up 4.06% from the previous day, and has decreased 57.8% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.62 percentage points. Prenetics Global stock is currently +88.77% from its 52-week low of $2.85, and -66.16% from its 52-week high of $15.90.

As of May 9, 2024, there are 12.21M PRE shares outstanding. The market cap of PRE is $65.66M. In the past 24 hours, 4137 PRE shares were traded.

How to Buy Prenetics Global Stock

Not sure how to invest in Prenetics Global stock? Here's how.
  1. Choose where to buy Prenetics Global stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Prenetics Global stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Pick your payment method and add your details.
  4. Analyze Prenetics Global stock: The Prenetics Global ticker symbol is PRE. Is Prenetics Global stock a good investment? Should you buy shares of PRE? How do PRE's underlying business fundamentals look? Do top analysts think Prenetics Global is a good buy? Why has PRE's stock price moved recently? (Hint: Our stock research website can help you decide if PRE is a good stock to buy).
  5. Execute your PRE purchase: Decide if you will purchase PRE shares at the current market price or use a limit order to buy PRE stock at a specific price.
  6. Get key alerts regarding your PRE position: Create a watchlist to the latest updates on your new investment in Prenetics Global shares.

Step 1: Choose where to buy Prenetics Global stock

You need a brokerage account to access the NASDAQ market and buy PRE shares.

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

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to buy PRE stock today.

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Step 3: Fund your investment account

Now that you've opened your account on our top ranked stock app, you can securely and quickly fund your account:

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Step 4: Analyze Prenetics Global stock

After you have identified the best place to buy Prenetics Global stock, it's very important to evaluate their stock before you invest, so you actually understand the risk and opportunity.

Prenetics Global Numbers

PRE Price
$5.38
1w %
0.94%
1y %
-57.8%
5y %
N/A
P/E
-0.96x
P/B
0.32x
P/S
3.02x
PEG
N/A
Revenue
$21.74M
Earnings
-$62.72M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$65.66M
Next Earnings
N/A
Next Dividend
N/A

PRE Overview

WallStreetZen was created to help average investors do better fundamental analysis in less time.

You can see all of the due diligence checks on PRE's stock page.

How is PRE stock valued?

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

Using relative valuations metrics:

  • PRE could be undervalued based on its P/B ratio of 0.32x, relative to Diagnostics & Research industry P/B ratio of 4.26x

You can access more valuation analysis on PRE's stock here.

PRE Financial Summary

Passed Financial Due Diligence Checks:

  • Total PRE debt is lower than 5 years ago, relative to shareholder equity.
  • PRE has a low debt to equity ratio of 0.21.
  • PRE has $72.74M in cash and short term investments. This is sufficient to cover its annual cash burn of $13.43M.
  • There are more short-term assets than short-term liabilities on the PRE balance sheet.
  • PRE has cash burn of 13433291. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the PRE balance sheet.

Failed Financial Due Diligence Checks:

  • PRE profit margin has gone up by 11.58 percentage points in the past year, but the company is still unprofitable.

Is it a good time to buy PRE stock, according to Wall Street analysts?

Out of 1 sell side analysts who track PRE, the consensus analyst rating on PRE is a Strong Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Prenetics Global stock forecast page.

PRE Technical Indicators

SMA10
5.14
SMA20
4.45
SMA50
4.45
SMA100
4.7
SMA200
5.8
MACD
0.36
MACD Signal
0.24
MACD Histogram
0.12
RSI
59.76
Stochastic %K
49.85
Stochastic %D
51.99
StochRSI %K
75.4
StochRSI %D
85.82

PRE Performance Numbers

Last year, PRE revenue was $21.74M. In the past 5 year, PRE's revenue has grown by 18.68% per year. This was faster than the Diagnostics & Research industry average of 12.06%.

You can research PRE's earnings and revenue performance here.

Who is buying/selling PRE?

Over the last year, insiders at PRE have not bought or sold any shares.

Learn more about who owns PRE shares here.

Does PRE provide a stable income stream?

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

PRE Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your PRE purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine.
  • 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 an exact price, place a limit order.

Click the Open Trade button and eToro will execute the order.

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Step 6: Get key alerts regarding your PRE position

Now that you own some PRE shares, you'll want to keep up with your new stock purchase.

Make a watchlist to keep tabs on your PRE stock.

PRE Feed

No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.

How to Buy Stock in Prenetics Global

To reiterate, here are the 6 steps for buying Prenetics Global stock:

  1. Choose where to buy Prenetics Global stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Analyze Prenetics Global stock
  5. Execute your PRE purchase
  6. Get key alerts regarding your PRE position

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

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If you want to get the latest scoop on your new investment in Prenetics Global, add PRE to your watchlist by clicking the button below.

NASDAQ: PRE
$5.38+0.21 (+4.06%)
Updated May 9, 2024
Open eToro Account
NASDAQ: PRE
$5.38+0.21 (+4.06%)
Updated May 9, 2024
Open eToro Account

FAQ

How much does it cost to buy one Prenetics Global share?

As of May 9, 2024, it costs $5.38 to buy one share of Prenetics Global stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.372 shares of PRE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Prenetics Global stock?

According to 1 Wall Street analysts who monitor Prenetics Global, their consensus recommendation is to buy Prenetics Global stock.

What is the best way to buy Prenetics Global stock?

One way to place an order for Prenetics Global 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.