How to Buy Tonix Pharmaceuticals Holding Stock
Tonix Pharmaceuticals Holding Corp
Tonix Pharmaceuticals Holding Corp. , a clinical-stage biopharmaceutical company, focuses on discovering, acquiring, developing, and licensing therapeutics and diagnostics to treat and prevent human disease and alleviate suffering.
Tonix Pharmaceuticals Holding stock last closed at $0.17, up 5.63% from the previous day, and has decreased 93.82% in one year. It has underperformed other stocks in the Biotechnology industry by 0.72 percentage points. Tonix Pharmaceuticals Holding stock is currently +40.83% from its 52-week low of $0.12, and -94.9% from its 52-week high of $3.31.
There are currently 84.49M shares of TNXP outstanding. The market value of TNXP is $14.28M. In the last 24 hours, 1.83M TNXP shares were traded.
How to Buy Tonix Pharmaceuticals Holding Stock
Not sure how to invest in Tonix Pharmaceuticals Holding stock? Here's how.
- Decide where to buy Tonix Pharmaceuticals Holding stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Tonix Pharmaceuticals Holding stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Research Tonix Pharmaceuticals Holding stock: The Tonix Pharmaceuticals Holding ticker symbol is TNXP. Is Tonix Pharmaceuticals Holding stock a good investment? Should you buy shares of TNXP? How do TNXP's underlying business fundamentals look? Do top analysts think Tonix Pharmaceuticals Holding is a good buy? Why has TNXP's stock price moved recently? (Hint: Our stock market research tools can help you figure out if TNXP is a good stock to buy).
- Make your TNXP buy order: Decide if you will purchase TNXP shares at the current market price or use a limit order to buy TNXP shares at a given price.
- Get updates on your TNXP position: Create a watchlist to watch your position in Tonix Pharmaceuticals Holding stock.
Step 1: Decide where to buy Tonix Pharmaceuticals Holding stock
You need a brokerage account in order to access the NASDAQ market and buy TNXP stock.
Our preferred brokerage: eToro
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- Buy other financial assets: Such as ETFs and cryptos.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can invest in TNXP stock today.
How to Set Up 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 create a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on investing apps, you need to deposit funds:
Watch this video walkthrough if you need help depositing money into your brokerage account.
Step 4: Research Tonix Pharmaceuticals Holding stock
Once you have figured out the best place to buy Tonix Pharmaceuticals Holding stock, it's important to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Tonix Pharmaceuticals Holding Metrics
TNXP Zen Score
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on TNXP's stock page.
Is TNXP stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TNXP's true value.
Using relative valuations metrics:
- TNXP may be undervalued based on its P/B ratio of 0.14x, relative to Biotechnology industry P/B ratio of 5.85x
You can access additional valuation analysis on TNXP's stock here.
TNXP Financials at a glance
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the TNXP balance sheet.
- There are more short-term assets than short-term liabilities on the TNXP balance sheet.
Negative Health Checks:
- Total TNXP debt is higher than 5 years ago, relative to shareholder equity.
- TNXP has a relatively high debt to equity ratio of 0.46.
- TNXP has $24.95M in cash and short term investments. This is not sufficient to cover its annual cash burn of $108.90M.
- TNXP profit margin has gone down from N/A to -1,501.8% in the past year.
- TNXP has cash burn of 108899000. It does not have enough cash and short-term investments to cover this.
Is TNXP stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Equities analysts who give forecasts on TNXP, the consensus analyst rating on TNXP is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Tonix Pharmaceuticals Holding stock forecast page.
TNXP Technicals
Latest Insiders Trades at TNXP
Over the last 12 months, executives and large shareholders at TNXP have not bought or sold any shares.
Learn more about who owns TNXP shares here.
Does TNXP stock generate passive income?
No, Tonix Pharmaceuticals Holding doesn't provide an income stream by paying out dividends.
What do other traders have to say about TNXP?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your TNXP buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables 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, place a limit order.
Press the Open button and eToro will execute your order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your TNXP position
Now that you own some shares in TNXP, you'll want to keep up with your shares.
Start a watchlist to keep tabs on your TNXP stock.
TNXP Feed
How to Buy Stock in Tonix Pharmaceuticals Holding
To reiterate, here are the 6 steps you need to take to buy Tonix Pharmaceuticals Holding stock right now:
- Decide where to buy Tonix Pharmaceuticals Holding stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Tonix Pharmaceuticals Holding stock
- Make your TNXP buy order
- Get updates on your TNXP position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Tonix Pharmaceuticals Holding, get started below.
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