How to Buy Renalytix Stock
Renalytix PLC
Renalytix Plc develops artificial intelligence-enabled in vitro diagnostic solutions for kidney diseases.
Renalytix stock last closed at $0.79, down 5.42% from the previous day, and has decreased 67.83% in one year. It has underperformed other stocks in the Health Information Services industry by 0.4 percentage points. Renalytix stock is currently +220.41% from its 52-week low of $0.25, and -80.56% from its 52-week high of $4.04.
At the moment, there are 99.93M RNLX shares outstanding. The market value of RNLX is $39.22M. In the last 24 hours, 209,438 RNLX shares were traded.
How to Buy Renalytix Stock
Not sure how to invest in Renalytix stock? Here's how.
- Figure out where to buy Renalytix stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Renalytix stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Analyze Renalytix stock: The Renalytix ticker symbol is RNLX. Is Renalytix stock a good investment? Should you buy shares of RNLX? How do RNLX's underlying business fundamentals look? Do top analysts think Renalytix is a good buy? Why has RNLX's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if RNLX is a good stock to buy).
- Make your RNLX buy order: Decide if you will purchase RNLX shares at the current market price or use a limit order to purchase RNLX shares at a specific price.
- Get updates on your RNLX position: Create a watchlist to keep track of your investment in Renalytix shares.
Step 1: Figure out where to buy Renalytix stock
You need a brokerage account to access the NASDAQ market and buy RNLX shares.
Our favorite brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you can buy RNLX today.
How to Start 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.
- Enter your personal details to start a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:
Check out the video below for more details depositing money into your new investment account.
Step 4: Analyze Renalytix stock
After you have identified the best place to buy Renalytix stock, it's very important to evaluate their stock before you invest, so you truly understand the risk and opportunity.
Overview of key RNLX info
RNLX Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on RNLX's stock page.
Is RNLX stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge RNLX's fair value.
You can do additional valuation analysis on RNLX's stock here.
RNLX Financial Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the RNLX balance sheet.
Negative Financial Indicators:
- RNLX has cash burn of 36157000. It does not have enough cash and short-term investments to cover this.
- RNLX profit margin has gone down from -1,110.5% to -1,736.5% in the past year.
- RNLX has $5.62M in cash and short term investments. This is not sufficient to cover its annual cash burn of $36.16M.
- Total RNLX debt is still negative.
- RNLX debt to equity ratio of -2.42 is negative.
- There are more short-term liabilities than short-term assets on the RNLX balance sheet.
You can dig deeper into what analysts are forecasting on the Renalytix stock forecast page.
RNLX Trading Indicators
RNLX Performance Metrics
Last year, RNLX revenue was $2.41M. During the last three year, RNLX's revenue has grown by 171.28% per year. This was faster than the Health Information Services industry average of 19.86%.
You can research RNLX's earnings and revenue performance here.
What are RNLX executives and large shareholders up to?
In the last year, executives and large shareholders at RNLX have not bought or sold any shares.
Dig into more about who owns RNLX stock here.
Can I rely on RNLX as an income stream?
No, Renalytix doesn't provide an income stream by paying out dividends.
What do other investors have to say about RNLX?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your RNLX buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and your broker will execute the order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your RNLX position
Now that you own some RNLX shares, you'll want to keep up with your company.
Start a watchlist to track your RNLX stock.
RNLX Feed
How to Buy Stock in Renalytix
To summarize, here are the 6 steps for buying Renalytix stock:
- Figure out where to buy Renalytix stock
- Sign up for a brokerage account
- Fund your brokerage account
- Analyze Renalytix stock
- Make your RNLX buy order
- Get updates on your RNLX position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Renalytix, create your watchlist below.
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