How to Buy Genedx Holdings Stock
Genedx Holdings Corp
GeneDx Holdings Corp. is a patient centered health intelligence company. It engages in transforming healthcare by applying AI and machine learning to multidimensional, longitudinal clinical and genomic data to build dynamic models of human health and defining optimal, individualized health trajectories.
Genedx Holdings stock last closed at $17.07, up 55.18% from the previous day, and has increased 106.48% in one year. It has overperformed other stocks in the Health Information Services industry by 1.32 percentage points. Genedx Holdings stock is currently +1,371.55% from its 52-week low of $1.16, and -6.41% from its 52-week high of $18.24.
There are currently 26.14M shares of WGS outstanding. The market capitalization of WGS is $446.24M. In the past 24 hours, 7.28M WGS shares were traded.
How to Buy Genedx Holdings Stock
Not sure how to invest in Genedx Holdings stock? Here's how.
- Figure out where to buy Genedx Holdings stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Genedx Holdings stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your info.
- Analyze Genedx Holdings stock: The Genedx Holdings ticker symbol is WGS. Is Genedx Holdings stock a good investment? Should you buy shares of WGS? How do WGS's underlying business fundamentals look? Do top analysts think Genedx Holdings is a good buy? Why has WGS's stock price moved recently? (Hint: Our stock market analysis website can help you understand if WGS is a good stock to buy).
- Place your WGS buy order: Decide if you will purchase WGS shares at the current market price or use a limit order to buy WGS shares at a specific price.
- Keep an eye on your WGS investment: Create a watchlist to important notifications about your new investment in Genedx Holdings stock.
Step 1: Figure out where to buy Genedx Holdings stock
You need an online brokerage account in order to access the NASDAQ market and buy WGS shares.
Our preferred 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 buy WGS today.
How to Start 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 info to open a new brokerage account.
- Send your information by hitting 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 app, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing funds into your investment account.
Step 4: Analyze Genedx Holdings stock
Once you have identified the best place to buy Genedx Holdings stock, it's absolutely critical to analyze their stock before you invest, so you can comprehend the risk as well as the upside.
Genedx Holdings Numbers
WGS Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on WGS's stock page.
Is WGS stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge WGS's true value.
Using relative valuations methods:
- WGS could be undervalued based on its P/B ratio of 2.15x, relative to Health Information Services industry P/B ratio of 3.25x
You can do additional valuation research on WGS's stock here.
A look at WGS Cashflows and Balance Sheet
Pros:
- WGS has $112.91M in cash and short term investments. This is enough to cover its annual cash burn of $142.66M.
- There are more short-term assets than long-term liabilities on the WGS balance sheet.
- There are more short-term assets than short-term liabilities on the WGS balance sheet.
Cons:
- WGS has a relatively high debt to equity ratio of 0.9.
- WGS profit margin has gone up by 1.77 percentage points in the past year, but the company is still unprofitable.
- WGS has cash burn of 142658000. It does not have enough cash and short-term investments to cover this.
Is WGS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who give recommendations on WGS, the consensus analyst rating on WGS is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Genedx Holdings stock forecast page.
Metrics for Advanced WGS Traders
WGS Growth Metrics
Last year, WGS revenue was $221.85M. Over the past three year, WGS's revenue has increased by 50.25% per year. This was faster than the Health Information Services industry average of 19.59%.
You can analyze WGS's earnings and revenue performance here.
Are WGS insiders buying or selling the stock?
In the past year, insiders at WGS have sold more shares than they have bought.
Kevin Feeley, CHIEF FINANCIAL OFFICER of WGS, was the latest WGS insider to sell. They sold $12,184.85 worth of WGS shares on Apr 29, 2024.
Research more about who owns WGS shares here.
Can I rely on WGS as an income stream?
No, Genedx Holdings doesn't provide an income stream by paying out dividends.
What others are saying about WGS
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your WGS buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and your broker will execute your order.
If you need additional help investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your WGS investment
Now that you own some shares in WGS, you'll want to stay up-to-date on your new company.
Add WGS to a watchlist to get alerted to the latest events about your WGS stock.
WGS Feed
How to Buy Stock in Genedx Holdings
To summarize, here are the 6 steps you need to take to buy Genedx Holdings stock right now:
- Figure out where to buy Genedx Holdings stock
- Open a brokerage account
- Put funds into your brokerage account
- Analyze Genedx Holdings stock
- Place your WGS buy order
- Keep an eye on your WGS investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your new investment in Genedx Holdings, create your watchlist below.
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