How to Buy Telesis Bio Stock
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 $0.40, up 17.78% from the previous day, and has decreased 71.55% in one year. It has underperformed other stocks in the Medical Devices industry by 0.51 percentage points. Telesis Bio stock is currently +34.67% from its 52-week low of $0.30, and -87.83% from its 52-week high of $3.32.
There are currently 29.98M shares of TBIO outstanding. The market cap of TBIO is $12.11M. In the last 24 hours, 866,349 TBIO shares were traded.
How to Buy Telesis Bio Stock
Not sure how to invest in Telesis Bio stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Analyze Telesis Bio stock: The Telesis Bio ticker symbol is TBIO. Is Telesis Bio stock a good investment? Should you buy shares of TBIO? How do TBIO's underlying business fundamentals look? Do top analysts think Telesis Bio is a good buy? Why has TBIO's stock price moved recently? (Hint: Our stock analysis website can help you understand if TBIO is a good stock to buy).
- Execute your TBIO trade: Decide if you will purchase TBIO shares at the current market price or use a limit order to buy TBIO stock at a given price.
- Get notifications regarding your TBIO 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 TBIO stock.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 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 TBIO stock 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 data to open your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the best stock trading app for beginners, you can securely and quickly fund your account:
Check out the video below for more details depositing money into your investment account.
Step 4: Analyze Telesis Bio stock
Once you have decided on the best place to buy Telesis Bio stock, it's crucial to research their stock prior to buying, so you can understand the risk and upside.
Overview of key TBIO info
TBIO Fundamentals
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on TBIO's stock page.
Is TBIO stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge TBIO's fair value.
Using relative valuations methods:
- TBIO may be undervalued based on its P/B ratio of 0.68x, relative to Medical Devices industry P/B ratio of 3.5x
You can access additional valuation analysis on TBIO's stock here.
TBIO Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the TBIO balance sheet.
- TBIO has cash burn of 35469000. It has enough cash and short-term investments to cover this for at least one year.
- TBIO has $41.63M in cash and short term investments. This is sufficient to cover its annual cash burn of $35.47M.
- There are more short-term assets than long-term liabilities on the TBIO balance sheet.
Failed Financial Due Diligence Checks:
- TBIO has a relatively high debt to equity ratio of 3.3.
- TBIO profit margin has gone up by 1.21 percentage points in the past year, but the company is still unprofitable.
You can dive deeper into what analysts are saying on the Telesis Bio stock forecast page.
TBIO Technicals
How are TBIO Revenues/Earnings doing?
Last year, TBIO revenue was $30.00M. During the past two year, TBIO's revenue has grown by 74.06% per year. This was faster than the Medical Devices industry average of 12.44%.
Learn more about TBIO's earnings and revenue performance here.
Who is buying/selling TBIO?
In the past year, insiders at TBIO have sold more shares than they have bought.
Rob Cutler, Chief Legal Officer of TBIO, was the latest TBIO insider to sell. They sold $3,317.72 worth of TBIO stock on May 4, 2023.
Research more about who owns TBIO stock here.
Can I get consistent income from TBIO stock?
No, Telesis Bio doesn't provide an income stream by paying out dividends.
TBIO Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your TBIO trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and your broker will place your order.
If you require more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your TBIO position
Now that you own some TBIO shares, you'll want to keep up with your new stock purchase.
Add TBIO to a watchlist to keep tabs on your TBIO stock.
TBIO Feed
How to Buy Stock in Telesis Bio
To summarize, here are the 6 steps to buy stock in Telesis Bio:
- Figure out where to buy Telesis Bio stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Telesis Bio stock
- Execute your TBIO trade
- Get notifications regarding your TBIO position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your investment in Telesis Bio, get started below.
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