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How to Buy Scilex Holding Co Stock

Scilex Holding Co

Scilex Holding Company, a biopharmaceutical company, focuses on developing and commercializing non-opioid management products for the treatment of acute and chronic pain. Its commercial product is ZTlido 1.

Scilex Holding Co stock last closed at $1.59, down 1.24% from the previous day, and has decreased 79.62% in one year. It has underperformed other stocks in the Drug Manufacturers - General industry by 1.06 percentage points. Scilex Holding Co stock is currently +76.67% from its 52-week low of $0.90, and -90.59% from its 52-week high of $16.90.

At the moment, there are 166.19M shares of SCLX outstanding. The market value of SCLX is $264.24M. In the last 24 hours, 651,266 SCLX shares were traded.

How to Buy Scilex Holding Co Stock

Not sure how to invest in Scilex Holding Co stock? Here's how.
  1. Choose where to buy Scilex Holding Co stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Scilex Holding Co stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your payment method and add your info.
  4. Analyze Scilex Holding Co stock: The Scilex Holding Co ticker symbol is SCLX. Is Scilex Holding Co stock a good investment? Should you buy shares of SCLX? How do SCLX's underlying business fundamentals look? Do top analysts think Scilex Holding Co is a good buy? Why has SCLX's stock price moved recently? (Hint: Our stock market research tools can help you understand if SCLX is a good stock to buy).
  5. Make your SCLX trade: Decide if you will purchase SCLX shares at the current market price or use a limit order to buy SCLX shares at a particular price.
  6. Get the latest scoop on your SCLX investment: Create a watchlist to the latest updates on your new investment in Scilex Holding Co stock.

Step 1: Choose where to buy Scilex Holding Co stock

You will need an online brokerage account to access the NASDAQ market and buy SCLX stock.

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

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Step 2: Sign up for a brokerage account

Now that you've selected the best brokerage, you need to fill out some personal information so you can buy SCLX stock today.

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  2. Enter your personal info to start your new trading account.
  1. Submit your data by pressing the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have finished signing up on apps for stocks, you need to deposit funds:

Watch the walkthrough below for more details depositing money into your new brokerage account.

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Step 4: Analyze Scilex Holding Co stock

After you have identified the best place to buy Scilex Holding Co stock, it's absolutely critical to evaluate their stock prior to investing, so you actually understand the risk as well as the opportunity.

Scilex Holding Co stock data

SCLX Price
$1.59
1w %
13.57%
1y %
-79.62%
5y %
N/A
P/E
-1.24x
P/B
-1.53x
P/S
4.43x
PEG
N/A
Revenue
$46.74M
Earnings
-$114.33M
Fore. Rev. Growth
49.39%
Fore. Earn. Growth
N/A
Market Cap
$264.24M
Next Earnings
N/A
Next Dividend
N/A

SCLX Due Diligence Checks

WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.

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

What is the fair value of SCLX stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SCLX's true value.

You can access more valuation analysis on SCLX's stock here.

SCLX Financial Health Summary

Passed Financial Due Diligence Checks:

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

Failed Financial Due Diligence Checks:

  • SCLX has cash burn of 20737000. It does not have sufficient cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the SCLX balance sheet.
  • Total SCLX debt is still negative.
  • SCLX profit margin has gone down from -61.4% to -244.6% in the past year.
  • SCLX debt to equity ratio of -1.59 is negative.
  • SCLX has $3.92M in cash and short term investments. This is not enough to cover its annual cash burn of $20.74M.

Is it a good time to buy Scilex Holding Co stock, according to analysts?

Out of 2 sell side analysts who give ratings on SCLX, the consensus analyst rating on SCLX 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 forecasting on the Scilex Holding Co stock forecast page.

SCLX Technical Indicators

SMA10
1.45
SMA20
1.4
SMA50
1.6
SMA100
1.53
SMA200
2.65
MACD
-0.03
MACD Signal
-0.07
MACD Histogram
0.03
RSI
53.96
Stochastic %K
82.85
Stochastic %D
83.58
StochRSI %K
97.48
StochRSI %D
99.16

Is SCLX Growing Revenue?

Last year, SCLX revenue was $46.74M. Over the last four year, SCLX's revenue has increased by 22.1% per year. This was faster than the Drug Manufacturers - General industry average of 7.04%.

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

Latest Insiders Trades at SCLX

Over the past 12 months, executives and large shareholders at SCLX have not bought or sold any shares.

Research more about who owns SCLX shares here.

Does SCLX stock generate passive income?

No, Scilex Holding Co doesn't provide an income stream by paying out dividends.

SCLX Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your SCLX trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine for most investors.
  • 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 dollar amount limit, use a limit order.

Click the Open Trade button and eToro will place your order.

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Step 6: Get the latest scoop on your SCLX investment

Now that you own some SCLX stock, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to track the latest developments regarding your SCLX stock.

SCLX Feed

How to Buy Stock in Scilex Holding Co

To reiterate, here are the 6 steps to buy stock in Scilex Holding Co:

  1. Choose where to buy Scilex Holding Co stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Analyze Scilex Holding Co stock
  5. Make your SCLX trade
  6. Get the latest scoop on your SCLX investment

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

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Scilex Holding Co, create your watchlist below.

NASDAQ: SCLX
$1.59-0.02 (-1.24%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: SCLX
$1.59-0.02 (-1.24%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Scilex Holding Co share?

As of Mar 28, 2024, it costs $1.59 to buy one share of Scilex Holding Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.8, you can buy 0.5 shares of SCLX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Scilex Holding Co stock?

According to 2 Wall Street analysts who monitor Scilex Holding Co, their consensus recommendation is to buy Scilex Holding Co stock.

What is the best way to buy Scilex Holding Co stock?

One way to place an order for Scilex Holding Co stock is with a brokerage account.
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.