How to Buy Syndax Pharmaceuticals Stock
Syndax Pharmaceuticals Inc
Syndax Pharmaceuticals, Inc. , a clinical-stage biopharmaceutical company, develops therapies for the treatment of cancer.
Syndax Pharmaceuticals stock last closed at $21.06, up 2.38% from the previous day, and has increased 1.2% in one year. It has overperformed other stocks in the Biotechnology industry by 0.23 percentage points. Syndax Pharmaceuticals stock is currently +87.78% from its 52-week low of $11.22, and -16.89% from its 52-week high of $25.34.
At the moment, there are 84.97M SNDX shares outstanding. The market value of SNDX is $1.79B. In the last 24 hours, 678,975 SNDX shares were traded.
How to Buy Syndax Pharmaceuticals Stock
Wondering how to invest in Syndax Pharmaceuticals stock? Here's how.
- Figure out where to buy Syndax Pharmaceuticals stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Syndax Pharmaceuticals stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Analyze Syndax Pharmaceuticals stock: The Syndax Pharmaceuticals ticker symbol is SNDX. Is Syndax Pharmaceuticals stock a good investment? Should you buy shares of SNDX? How do SNDX's underlying business fundamentals look? Do top analysts think Syndax Pharmaceuticals is a good buy? Why has SNDX's stock price moved recently? (Hint: Our stock research website can help you figure out if SNDX is a good stock to buy).
- Execute your SNDX buy order: Decide if you will purchase SNDX shares at the current market price or use a limit order to buy SNDX shares at a given price.
- Get the latest news on your SNDX position: Create a watchlist to monitor your new investment in Syndax Pharmaceuticals shares.
Step 1: Figure out where to buy Syndax Pharmaceuticals stock
You need a brokerage account in order to access the NASDAQ market and buy SNDX shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can buy SNDX stock today.
How to Set Up 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.
- Input your personal details to open your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on the best stock app, you can securely and quickly fund your account:
Watch this video walkthrough if you need help depositing funds into your brokerage account.
Step 4: Analyze Syndax Pharmaceuticals stock
After you have decided on the best place to buy Syndax Pharmaceuticals stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
Syndax Pharmaceuticals quick stats
SNDX Fundamentals
WallStreetZen was built to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on SNDX's stock page.
What is the fair value of SNDX stock?
You can use many financial metrics, analyses, models, and charts to gauge SNDX's intrinsic value.
Using relative valuations metrics:
- SNDX may be undervalued based on its P/B ratio of 3.23x, relative to Biotechnology industry P/B ratio of 5.85x
You can do more valuation research on SNDX's stock here.
SNDX Financial Health Overview
Pros:
- SNDX has cash burn of 160601000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the SNDX balance sheet.
- There are more short-term assets than long-term liabilities on the SNDX balance sheet.
- SNDX has a low debt to equity ratio of 0.11.
- SNDX has $577.80M in cash and short term investments. This is sufficient to cover its annual cash burn of $160.60M.
- Total SNDX debt is lower than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy SNDX stock
Out of 4 Equities analysts who give recommendations on SNDX, the consensus analyst rating on SNDX 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 Syndax Pharmaceuticals stock forecast page.
SNDX Technicals
SNDX Performance Numbers
Last year, SNDX revenue was $0.00. Over the last 5 year, SNDX's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 28.56%.
Find out more about SNDX's earnings and revenue performance here.
Who is buying/selling SNDX?
Over the past year, executives and large shareholders at SNDX have bought more shares than they have sold.
Keith A. Goldan, Chief Financial Officer of SNDX, was the latest SNDX insider to buy. They bought $20,607.86 worth of SNDX stock on Jan 31, 2024.
Learn more about who owns SNDX stock here.
Can I rely on SNDX as an income stream?
No, Syndax Pharmaceuticals doesn't provide an income stream by paying out dividends.
What others are saying about SNDX
One of the major 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: Execute your SNDX buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Press the Open button and your broker will place your order.
If you want more help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your SNDX position
Now that you own some SNDX shares, you'll want to keep up with your new shares.
Make a watchlist to get the latest updates about your SNDX stock.
SNDX Feed
How to Buy Stock in Syndax Pharmaceuticals
To reiterate, here are the 6 steps for buying Syndax Pharmaceuticals stock:
- Figure out where to buy Syndax Pharmaceuticals stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Syndax Pharmaceuticals stock
- Execute your SNDX buy order
- Get the latest news on your SNDX position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Syndax Pharmaceuticals, click below.
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