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How to Buy Zomedica Stock

Zomedica Corp

Zomedica Pharmaceuticals Corp. operates as a development stage veterinary diagnostic and pharmaceutical company. The company is headquartered in Ann Arbor, Michigan and currently employs 27 full-time employees.

Zomedica stock last closed at $0.13, down 1.54% from the previous day, and has decreased 49% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.44 percentage points. Zomedica stock is currently +6.67% from its 52-week low of $0.12, and -53.28% from its 52-week high of $0.27.

As of Feb 21, 2024, there are 979.95M shares of ZOM outstanding. The market capitalization of ZOM is $125.43M. In the last 24 hours, 4.57M ZOM shares were traded.

How to Buy Zomedica Stock

Wondering how to invest in Zomedica stock? Here's how.
  1. Decide where to buy Zomedica stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Zomedica stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your method of payment and add your information.
  4. Analyze Zomedica stock: The Zomedica ticker symbol is ZOM. Is Zomedica stock a good investment? Should you buy shares of ZOM? How do ZOM's underlying business fundamentals look? Do top analysts think Zomedica is a good buy? Why has ZOM's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if ZOM is a good stock to buy).
  5. Make your ZOM trade: Decide if you will purchase ZOM shares at the current market price or use a limit order to buy ZOM stock at a specific price.
  6. Get updates on your ZOM position: Create a watchlist to the latest updates on your position in Zomedica stock.

Step 1: Decide where to buy Zomedica stock

You will need a brokerage account in order to access the NYSEMKT market and buy ZOM shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked your brokerage, it's time to fill out some personal info so you can invest in ZOM stock today.

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Step 3: Deposit money your investment account

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Step 4: Analyze Zomedica stock

Once you have identified the best place to buy Zomedica stock, it's important to evaluate their stock before you invest, so you can comprehend the risk as well as the opportunity.

Zomedica Numbers

ZOM Price
$0.13
1w %
-4.48%
1y %
-49%
5y %
-81.71%
P/E
-6.74x
P/B
0.48x
P/S
5.33x
PEG
N/A
Revenue
$24.01M
Earnings
-$14.50M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$125.43M
Next Earnings
Mar 13, 2024
Next Dividend
N/A

ZOM Fundamentals

WallStreetZen was created to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on ZOM's stock page.

How is ZOM stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge ZOM's true value.

Using relative valuations ratios:

  • ZOM could be undervalued based on its P/B ratio of 0.48x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.24x

You can do additional valuation analysis on ZOM's stock here.

ZOM Financial Health Summary

Passed Financial Due Diligence Checks:

  • ZOM has a low debt to equity ratio of 0.05.
  • There are more short-term assets than short-term liabilities on the ZOM balance sheet.
  • Total ZOM debt is lower than 5 years ago, relative to shareholder equity.
  • ZOM has $106.21M in cash and short term investments. This is sufficient to cover its annual cash burn of $23.34M.
  • There are more short-term assets than long-term liabilities on the ZOM balance sheet.
  • ZOM has cash burn of 23341000. It has sufficient cash and short-term investments to cover this for at least one year.

Failed Financial Due Diligence Checks:

  • ZOM profit margin has gone up by 0.48 percentage points in the past year, but the company is still unprofitable.

ZOM Technicals

SMA10
0.13
SMA20
0.13
SMA50
0.16
SMA100
0.16
SMA200
0.18
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
0
RSI
42.39
Stochastic %K
25
Stochastic %D
36.35
StochRSI %K
62.38
StochRSI %D
70.15

ZOM Revenue

Last year, ZOM revenue was $24.01M. In the past 2 year, ZOM's revenue has grown by 2,028.25% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 34.68%.

Dig into ZOM's earnings and revenue performance here.

What are ZOM insiders up to?

Over the past 12 months, insiders at ZOM have bought more shares than they have sold.

Johnny D. Powers, Director of ZOM, was the latest ZOM insider to buy. They bought $16,500.00 worth of ZOM shares on Dec 15, 2023.

Get more info about who owns ZOM shares here.

Can I get consistent income from ZOM stock?

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

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Step 5: Make your ZOM trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get updates on your ZOM position

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

Make a watchlist to see the latest developments about your ZOM stock.

ZOM Feed

How to Buy Stock in Zomedica

To reiterate, here are the 6 steps to buy stock in Zomedica:

  1. Decide where to buy Zomedica stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Analyze Zomedica stock
  5. Make your ZOM trade
  6. Get updates on your ZOM position

If you need a online brokerage, eToro is our recommended option.

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If you want to keep an eye on your new investment in Zomedica, create a watchlist today.

NYSEMKT: ZOM
$0.13-0.00 (-1.54%)
Updated Feb 21, 2024
Open eToro Account
NYSEMKT: ZOM
$0.13-0.00 (-1.54%)
Updated Feb 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Zomedica share?

As of Feb 21, 2024, it costs $0.13 to buy one share of Zomedica stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.06, you can buy 0.5 shares of ZOM.

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.

What is the best way to buy Zomedica stock?

One way to place an order for Zomedica 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.