How to Buy Protalix Biotherapeutics Stock
Protalix Biotherapeutics Inc
Protalix BioTherapeutics, Inc. , a biopharmaceutical company, focuses on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx plant cell-based protein expression system in Israel, Brazil, rest of Latin America, and internationally.
Protalix Biotherapeutics stock last closed at $3.00, down 2.28% from the previous day, and has increased 147.93% in one year. It has overperformed other stocks in the Biotechnology industry by 2.25 percentage points. Protalix Biotherapeutics stock is currently +265.41% from its 52-week low of $0.82, and -3.23% from its 52-week high of $3.10.
At the moment, there are 78.03M PLX shares outstanding. The market value of PLX is $234.10M. In the last 24 hours, 538,561 PLX shares were traded.
How to Buy Protalix Biotherapeutics Stock
Not sure how to invest in Protalix Biotherapeutics stock? Here's how.
- Choose where to buy Protalix Biotherapeutics stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Protalix Biotherapeutics stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your info.
- Research Protalix Biotherapeutics stock: The Protalix Biotherapeutics ticker symbol is PLX. Is Protalix Biotherapeutics stock a good investment? Should you buy shares of PLX? How do PLX's underlying business fundamentals look? Do top analysts think Protalix Biotherapeutics is a good buy? Why has PLX's stock price moved recently? (Hint: Our stock research tools can help you decide if PLX is a good stock to buy).
- Place your PLX purchase: Decide if you will purchase PLX shares at the current market price or use a limit order to buy PLX stock at a particular price.
- Track your investment in PLX: Create a watchlist to the latest updates on your new investment in Protalix Biotherapeutics stock.
Step 1: Choose where to buy Protalix Biotherapeutics stock
You will need a brokerage account in order to access the NYSEMKT market and buy PLX stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you can invest in PLX today.
How to Start a New Investment 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.
- Input your personal info to create a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on app for stock market, you can securely and quickly fund your account:
Watch this video walkthrough if you need help depositing money into your investment account.
Step 4: Research Protalix Biotherapeutics stock
After you have figured out the best place to buy Protalix Biotherapeutics stock, it's absolutely critical to research their stock prior to investing, so you actually comprehend the risk and upside.
Overview of key PLX info
PLX Due Diligence Checks
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on PLX's stock page.
Is PLX stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PLX's intrinsic value.
Using relative valuations metrics:
- PLX may be undervalued based on its P/E ratio of 75x, relative to Biotechnology industry P/E ratio of -169.39x
- PLX could be overvalued based on its P/B ratio of 5.42x, relative to Biotechnology industry P/B ratio of 4.42x
You can access more valuation research on PLX's stock here.
How do PLX Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the PLX balance sheet.
- Total PLX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the PLX balance sheet.
- PLX's operating cash flow of $8.67M allows it to safely service it's debt of $5.53M.
Failed Financial Due Diligence Checks:
- PLX earnings of $5.22M is not sufficient to cover its interest payments.
- PLX has a relatively high debt to equity ratio of 0.7.
- PLX profit margin has gone down from 12.7% to 5.5% in the past year.
Is it a good time to buy PLX stock, according to analysts?
Out of 1 Equities analysts who research PLX, the consensus analyst rating on PLX is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Protalix Biotherapeutics stock forecast page.
Metrics for Advanced PLX Traders
How is PLX performing as a company?
Last year, PLX earnings were $2.93M. In the past 1 years, PLX's earnings have grown by -66.67% per year. This was slower than the Biotechnology industry average of 10.31%.
Last year, PLX revenue was $53.40M. In the last 5 year, PLX's revenue has increased by -0.48% per year. This was slower than the Biotechnology industry average of 43.18%.
Learn more about PLX's earnings and revenue performance here.
Latest Insiders Trades at PLX
Over the last 12 months, executives and large shareholders at PLX have not bought or sold any shares.
Learn more about who owns PLX stock here.
Can I get consistent income from PLX stock?
No, Protalix Biotherapeutics doesn't provide an income stream by paying out dividends.
What do other traders have to say about PLX?
One of the 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 PLX purchase
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 usually sufficient. - Limit order: A limit order enables you 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 dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Track your investment in PLX
Now that you own some PLX stock, you'll want to keep up with your new shares.
Create a watchlist to track the most important metrics related to your PLX stock.
PLX Feed
How to Buy Stock in Protalix Biotherapeutics
To reiterate, here are the 6 steps to buy stock in Protalix Biotherapeutics:
- Choose where to buy Protalix Biotherapeutics stock
- Open a brokerage account
- Deposit money your investment account
- Research Protalix Biotherapeutics stock
- Place your PLX purchase
- Track your investment in PLX
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Protalix Biotherapeutics, create a watchlist on WallStreetZen today.
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