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 $4.70, down 21.93% from the previous day, and has decreased 85.89% in one year. It has underperformed other stocks in the Drug Manufacturers - General industry by 0.85 percentage points. Scilex Holding Co stock is currently +3.18% from its 52-week low of $4.56, and -94.16% from its 52-week high of $80.50.
There are currently 6.95M SCLX shares outstanding. The market cap of SCLX is $32.67M. In the past 24 hours, 155,031 SCLX shares were traded.
How to Buy Scilex Holding Co Stock
Wondering how to invest in Scilex Holding Co stock? Here's how.
- Choose where to buy Scilex Holding Co stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Scilex Holding Co stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your method of payment and add your details.
- 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 website can help you figure out if SCLX is a good stock to buy).
- 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.
- Get the latest scoop on your SCLX investment: Create a watchlist to the latest updates on your position in Scilex Holding Co stock.
Step 1: Choose where to buy Scilex Holding Co stock
You need an online brokerage account in order to access the NASDAQ market and buy SCLX stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you can buy SCLX 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 data to create your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on our top ranked stock market app, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring money into your brokerage account.
Step 4: Analyze Scilex Holding Co stock
Once you have selected the best place to buy Scilex Holding Co stock, it's important to evaluate their stock prior to buying, so you truly comprehend the risk and opportunity.
Scilex Holding Co Numbers
Fundamentals of Scilex Holding Co
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SCLX's stock page.
Is SCLX stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SCLX's intrinsic value.
You can do additional valuation research on SCLX's stock here.
SCLX Financials at a glance
Passed Financial Due Diligence Checks:
- SCLX's operating cash flow of $19.35M allows it to safely service it's debt of $44.76M.
- There are more short-term assets than long-term liabilities on the SCLX balance sheet.
Failed Financial Due Diligence Checks:
- SCLX earnings of -$70.85M is not sufficient to cover its interest payments.
- SCLX debt to equity ratio of -1.48 is negative.
- Total SCLX debt is still negative.
- SCLX profit margin has gone up by 1.16 percentage points in the past year, but the company is still unprofitable.
- There are more short-term liabilities than short-term assets on the SCLX balance sheet.
Do analysts think it's a good time to buy Scilex Holding Co stock
Out of 1 Wall Street analysts who give ratings on SCLX, the consensus analyst rating on Scilex Holding Co is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Scilex Holding Co stock forecast page.
Metrics for Advanced SCLX Traders
How is SCLX performing as a company?
Last year, SCLX revenue was $56.59M. In the past five year, SCLX's revenue has increased by 21.89% per year. This was faster than the Drug Manufacturers - General industry average of 9.15%.
You can analyze SCLX's earnings and revenue performance here.
Are SCLX executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at SCLX have bought more shares than they have sold.
Jaisim Shah, Chief Executive Officer and President of SCLX, was the latest SCLX insider to buy. They bought $13,800.00 worth of SCLX shares on Dec 18, 2024.
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.
If you require additional help investing in stocks on eToro, watch the helpful video below:
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:
- Choose where to buy Scilex Holding Co stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Scilex Holding Co stock
- Make your SCLX trade
- 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 TodayIf you want to get updates on your investment in Scilex Holding Co, create your watchlist below.
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