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NASDAQ: DNAY

How to Buy Telesis Bio Stock

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Telesis Bio Inc

Codex DNA, Inc. , a synthetic biology company, manufactures and sells synthetic biology instruments, reagents, and associated products and related services, primarily to pharmaceutical and academic laboratories worldwide.

Telesis Bio stock last closed at $1.36, down 6.21% from the previous day, and has decreased 79.76% in one year. It has underperformed other stocks in the Medical Devices industry by 0.55 percentage points. Telesis Bio stock is currently +0.74% from its 52-week low of $1.35, and -87.99% from its 52-week high of $11.32.

There are currently 29.52M shares of DNAY outstanding. The market cap of DNAY is $40.15M. In the last 24 hours, 69,317 DNAY shares were traded.

How to Buy Telesis Bio Stock

Not sure how to invest in Telesis Bio stock? Here's how.
  1. Figure out where to buy Telesis Bio stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Telesis Bio stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified. It's the best place to buy DNAY stock.
  3. Deposit funds into your brokerage account: Pick your payment method and add your details.
  4. Analyze Telesis Bio stock: The Telesis Bio ticker symbol is DNAY. Is Telesis Bio stock a good investment? Should you buy shares of DNAY? How do DNAY's underlying business fundamentals look? Do top analysts think Telesis Bio is a good buy? Why has DNAY's stock price moved recently? (Hint: Our stock analysis website can help you understand if DNAY is a good stock to buy).
  5. Execute your DNAY trade: Decide if you will purchase DNAY shares at the current market price or use a limit order to buy DNAY stock at a given price.
  6. Get notifications regarding your DNAY position: Create a watchlist to keep track of your investment in Telesis Bio shares.

Step 1: Figure out where to buy Telesis Bio stock

You will need a brokerage account in order to access the NASDAQ market and buy DNAY stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, you need to fill out some personal info so you are able to invest in DNAY stock today.

How to Start a New Investment Account on eToro

  1. Click here to get started.
  2. Input your personal data to open your new trading account.
  1. Submit your info by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Watch the walkthrough below if you need help transferring money into your new brokerage account.

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Step 4: Analyze Telesis Bio stock

It's crucial to analyze stocks before you buy, so you actually understand the risk as well as the opportunity.

Telesis Bio stock quick numbers

DNAY Price
$1.36
1w %
-10.53%
1y %
-79.76%
5y %
N/A
P/E
-0.81x
P/B
0.75x
P/S
1.91x
PEG
N/A
Revenue
$21.04M
Earnings
-$52.83M
Fore. Rev. Growth
46.79%
Fore. Earn. Growth
N/A
Market Cap
$40.15M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Telesis Bio

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on DNAY's stock page.

Is DNAY stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge DNAY's fair value.

Using relative valuations methods:

  • DNAY could be undervalued based on its P/B ratio of 0.75x, relative to Medical Devices industry P/B ratio of 3.84x

You can access more valuation research on DNAY's stock here.

DNAY Financial Health Overview

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the DNAY balance sheet.
  • There are more short-term assets than long-term liabilities on the DNAY balance sheet.

Failed Financial Due Diligence Checks:

  • DNAY has $49.93M in cash and short term investments. This is not sufficient to cover its annual cash burn of $50.58M.
  • DNAY has a relatively high debt to equity ratio of 0.65.
  • DNAY profit margin has gone up by 0.73 percentage points in the past year, but the company is still unprofitable.
  • DNAY has cash burn of 50576000. It does not have enough cash and short-term investments to cover this.

Is DNAY stock a Buy, Hold, or Sell?

Out of 1 Equities analysts who monitor DNAY, the consensus analyst rating on DNAY is a Strong Buy

Should I buy or sell DNAY stock?

Based on 1 analyst offering ratings for Telesis Bio Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent DNAY Analyst Ratings

Paul Knight, a top 14% analyst from KeyBanc maintains DNAY with a strong buy rating and lowers their DNAY price target from $8.00 to $5.00, on Nov 9, 2022.

You can dive deeper into what analysts are projecting on the Telesis Bio stock forecast page.

DNAY Technical Indicators

SMA10
1.46
SMA20
1.53
SMA50
1.65
SMA100
1.82
SMA200
3.43
MACD
-0.08
MACD Signal
-0.07
MACD Histogram
-0.01
RSI
36.94
Stochastic %K
10.26
Stochastic %D
10.19
StochRSI %K
14.58
StochRSI %D
12.56

DNAY Growth Metrics

Last year, DNAY revenue was $21.04M. In the last 1 years, DNAY's revenue has grown by 112.52% per year. This was faster than the Medical Devices industry average of 17.76%.

Find out more about DNAY's earnings and revenue performance here.

Latest Insiders Trades at DNAY

Over the past 12 months, executives and large shareholders at DNAY have bought more shares than they have sold.

Todd Robert Nelson, President CEO of DNAY, was the latest DNAY insider to buy. They bought $191,492.51 worth of DNAY stock on Nov 11, 2022.

Research more about who owns DNAY shares here.

Does DNAY provide a stable income stream?

No, Telesis Bio doesn't provide an income stream by paying out dividends.

What others are saying about DNAY

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your DNAY trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • 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 a given price, place a limit order.

Click the Open button and eToro will place the order.

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Step 6: Get notifications regarding your DNAY position

Now that you own some DNAY stock, you'll want to keep up with your investment.

Put DNAY on a watchlist to track the latest developments regarding your DNAY stock.

DNAY Feed

How to Buy Stock in Telesis Bio

To summarize, here are the 6 steps you need to take to buy Telesis Bio stock right now:

  1. Figure out where to buy Telesis Bio stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Telesis Bio stock
  5. Execute your DNAY trade
  6. Get notifications regarding your DNAY position

If you are looking for a online brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you would like to keep an eye on your investment in Telesis Bio, get started below.

NASDAQ: DNAY
$1.36-0.09 (-6.21%)
Updated Dec 1, 2022
Open eToro Account
NASDAQ: DNAY
$1.36-0.09 (-6.21%)
Updated Dec 1, 2022
Open eToro Account

FAQ

How much does it cost to buy one Telesis Bio share?

As of Dec 1, 2022, it costs $1.36 to buy one share of Telesis Bio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.68, you can buy 0.5 shares of DNAY.

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Is now a good time to buy Telesis Bio stock?

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

What is the best way to buy Telesis Bio stock?

The best way to buy Telesis Bio stock is within a brokerage account on eToro.
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.