How to Buy Vaxxinity Stock
Vaxxinity Inc
Vaxxinity, Inc. , a biotechnology company, focuses on developing product candidates for human use in the fields of neurology and coronaviruses in the United States.
Vaxxinity stock last closed at $0.12, down 6.5% from the previous day, and has decreased 94.84% in one year. It has underperformed other stocks in the Biotechnology industry by 0.74 percentage points. Vaxxinity stock is currently +7.48% from its 52-week low of $0.11, and -96.29% from its 52-week high of $3.10.
At the moment, there are 126.75M VAXX shares outstanding. The market value of VAXX is $14.58M. In the past 24 hours, 2.38M VAXX shares were traded.
How to Buy Vaxxinity Stock
Not sure how to invest in Vaxxinity stock? Here's how.
- Decide where to buy Vaxxinity stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Vaxxinity stock.
- Create 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 method of payment and add your info.
- Evaluate Vaxxinity stock: The Vaxxinity ticker symbol is VAXX. Is Vaxxinity stock a good investment? Should you buy shares of VAXX? How do VAXX's underlying business fundamentals look? Do top analysts think Vaxxinity is a good buy? Why has VAXX's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if VAXX is a good stock to buy).
- Execute your VAXX buy order: Decide if you will purchase VAXX shares at the current market price or use a limit order to buy VAXX shares at a given price.
- Keep an eye on your VAXX position: Create a watchlist to important notifications about your investment in Vaxxinity stock.
Step 1: Decide where to buy Vaxxinity stock
You will need an online brokerage account to access the NASDAQ market and buy VAXX shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you can buy VAXX 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.
- Enter your personal details to open a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on a good stock buying app, you can securely and quickly fund your account:
Check out the video below to see the process of depositing money into your brokerage account.
Step 4: Evaluate Vaxxinity stock
Once you have decided on the best place to buy Vaxxinity stock, it's very important to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.
Overview of key VAXX info
Fundamentals of VAXX
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on VAXX's stock page.
Is VAXX stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge VAXX's fair value.
Using relative valuations methods:
- VAXX may be undervalued based on its P/B ratio of 1.09x, relative to Biotechnology industry P/B ratio of 6.02x
You can do more valuation research on VAXX's stock here.
VAXX Financial Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the VAXX balance sheet.
- There are more short-term assets than long-term liabilities on the VAXX balance sheet.
Negative Financial Indicators:
- VAXX has $30.50M in cash and short term investments. This is not sufficient to cover its annual cash burn of $58.04M.
- VAXX has a relatively high debt to equity ratio of 2.31.
- VAXX has cash burn of 58041000. It does not have sufficient cash and short-term investments to cover this.
You can dig deeper into what analysts are forecasting on the Vaxxinity stock forecast page.
Metrics for Advanced VAXX Traders
VAXX Performance Numbers
Last year, VAXX revenue was $0.00. Over the past three year, VAXX's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 28.49%.
Dig into VAXX's earnings and revenue performance here.
What are VAXX insiders up to?
Over the past year, insiders at VAXX have sold more shares than they have bought.
Prime Movers Lab Fund I LP, 10% Owner of VAXX, was the latest VAXX insider to sell. They sold $17,282.83 worth of VAXX shares on Sep 8, 2023.
Learn more about who owns VAXX shares here.
Can I get consistent income from VAXX stock?
No, Vaxxinity doesn't provide an income stream by paying out dividends.
VAXX Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your VAXX buy order
There are 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 usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, place a limit order.
Press the Open button and your broker will execute the order.
If you need more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your VAXX position
Now that you own some VAXX shares, you'll want to keep up with your investment.
Add VAXX to a watchlist to get the latest updates about your VAXX stock.
VAXX Feed
How to Buy Stock in Vaxxinity
To summarize, here are the 6 steps you need to take to buy Vaxxinity stock right now:
- Decide where to buy Vaxxinity stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Vaxxinity stock
- Execute your VAXX buy order
- Keep an eye on your VAXX position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Vaxxinity, create a watchlist on WallStreetZen today.
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