When it went public on the Nasdaq in 2018, Moderna raised $621 million, making it the largest public offering in biotechnology history. This company has become the center of attraction of the US government-approved Covid-19 vaccine. If you want to buy Moderna stock and want to take advantage of this opportunity, this article will teach you how to buy Moderna shares.
How to Buy Moderna Stock (MRNA) – A Complete Guide
- STEP 1: Choose a Broker – We recommend eToro.
- STEP 2: Create an online trading account
- STEP 3: Verify your identity to verify your account
- STEP 4: Initial deposit to your eToro account
- STEP 5: Buy MRNA stock with 0% commission
MRNA experienced a remarkable boom in 2020 with over 450% of its value. In 2021 too, Moderna 2021’s sharp rise continues with strong growth prospects. Indeed, this trend continues thanks to the success of innovative vaccines against Covid-19. It is normal to want to take advantage of the stock market boom. Then our guide has everything you need to know about buying MRNA stock.
Buy Moderna Share with €0 commission – Complete Tutorial
The best way to invest in MRNA stocks is through an online broker. Choosing the best trading platform is not clear as there are a large number of brokers online. We recommend choosing eToro as the best option for beginners.
Step 1- Choose a broker
The first step is to open a broker account online with one of the brokers offering MRNA shares on the platform. We recommend choosing eToro because this broker is one of the best online. You can also buy shares of Moderna (MRNA) without commission.
It is founded in 2007, the eToro broker is just one of the best trading platforms in the world. The simplicity and ease of use of the interface make it an ideal partner for beginners. It offers its clients the possibility to invest in a variety of assets: cryptocurrencies, commodities, and of course stocks. It is a legal broker and is regulated by several internationally renowned organizations such as CySEC and FCA in Cyprus and the UK.
eToro customers are offered three types of market access:
- Online trading (trading indices, currencies, ETFs, cryptocurrencies, or stocks)
- The CopyTrader automatically duplicates other traders’ portfolios and activities.
- The CopyPortfolios giving investors access to their unique investment portfolio.
- MRNA negotiation fee 0%
- The perfect platform for beginners
- CopyTrader available
- Brokers regulated by various accredited bodies
- Slightly limited leverage
- Partially high distribution.
Libertex is an established broker established in 1997. It has its own set of 213 tradable assets, including Forex, Crypto, Gold, Brent crude oil, and DAX. Investment security is one of our strengths. It is regulated by CySEC and Finacom. In addition to the $0.05 trading fee for a $1,000 investment, leverage also comes into play.
- Various Negotiation Tools
- Optimal security
- Multiple assets
- Various payment methods
- Education support
- High rates
Interactive Brokers is one of the oldest stockbrokers, founded in 1987, and is a reputable platform ideal for those looking for an advanced platform. This online broker provides access to international exchanges in two pricing models.
- Differentiated price
The platform allows you to buy and sell stocks and other securities in 135 markets in 33 countries. You will also have access to great stock trading tools that can enhance your trading. There is a tool-rich platform called Trader Workstation. It is also a very well-regulated broker licensed by various financial institutions such as CySEC, IIROC, FINRA, FCA, and NYSE.
- Very well organized
- Better account management
- Regular market news updates
- Various analysis tools
- Offers with high capital requirements
- A fairly complex trading platform
- Inactivity fee applies
Step 2- Open the account
If you want to invest in MRNA stocks, eToro is a good choice. As you can see for yourself, this broker has some advantages even for beginners.
Opening an account with eToro is very easy. Just click on the “Join Now” button on the broker page. A form will be provided in which you will need to fill out some of your personal information.
Now that you already know-how, it’s time to do it by clicking the link to sign up for eToro.
Step 3- Verify the account
As part of the KYC process, eToro verifies the identity of all newly registered clients. They will ask for identification (which may be a passport or other legal document with an official photo) and proof of address (which may be a utility bill of fewer than 6 months).
Later in the process, eToro will ask you to fill out a questionnaire that will allow eToro to customize the scope of its services according to your expectations. The goal is to satisfy you as much as possible. Questions related to your investment goals, financial liquidity, or professional situation.
Step 4-Initial deposit to your account
Of course, you must have full money in your account to buy MRNA stock. It couldn’t be easier to do this. With your account already open, click the Deposit Funds button. Enter the amount you want to deposit, choose your preferred currency, and finally make a payment.
The minimum amount for your first deposit is $200. Traders can choose the payment methods such as debit/ credit cards, PayPal, Skrill, Neteller, or bank transfer.
Step 5- Proceed to buy stock
All promotions available on eToro can be accessed from the “Markets” tab on the left side of the screen. You then have to click on ʺ eToro General Marketplace to see your cryptocurrencies, bonds, and stocks on your screen. For example, you can buy EDF stock, FDJ stock, or Facebook shares.
You have to click on ʺSharesʺ. After that, select the desired exchange to find “MRNAʺ, or enter “MRNAʺ in the search bar to go directly to Quick Access. eToro gives you everything you need to know about MRNA, including purchase prices, stock prices, recent developments, and early closes. After reading all this information, you must specify the number of shares you wish to purchase and place a final purchase order.
eToro allows you to buy these stocks without paying any fees. You can also utilize CFDs to invest more capital multiplied by 2. However, this is generally recommended for experienced traders. This is because experienced traders can quickly neutralize your position in a recession.
Moderna- Context and Company
Moderna Inc is an American biotechnology company specializing in biotechnology. It is founded in 2010 by Noubar Afeyan, Kenneth R. Chien, Robert S. Langer, and Rossi. The headquarter of the company is situated in Cambridge, Massachusetts. The company has been run by Stéphane Bancel since 2011.
Moderna aims to develop a protein treatment based on messenger ribonucleic acid technology. The goal is to develop vaccines for the treatment of infectious, cardiovascular, and autoimmune diseases.
The company benefited from several funding rounds between January 2015 and February 2018 and organized extensive fundraising events. At the end of 2018, the company had raised more than $600 million, the largest public offering for a biotech company at the time. The feat resumed in May 2020 with an initial public offering of over $1 billion.
By June 2020, Moderna had a market cap of $22.9 billion. The company has succeeded in developing the first vaccine against coronavirus. Its exit soared in market value and reached $35.3 billion in equity on November 16, 2020.
Sales are broken down as follows:
- 79.8% come from cooperation agreements.
- 20.2% comes from subsidies.
Moderna Stocks Quotations and Prices
If you are interested in Moderna stock, you should know that you should be interested in the US stock market Nasdaq. This is because Moderna is listed on its market under the ISIN code US60770K1079 and ticker code MRNA. There are 401,528,000 titles.
Moderna has grown exponentially since its inception. Look at your turnover to do that. In 2017, it was 17.182 million euros, and at the end of 2020, the sales amounted to 654.23 million euros. As of the first quarter of 2021, it amounted to €1.729 billion.
In terms of fixed assets, Moderna increased from €25,504 million at the end of 2017 to €411,317 million at the end of 2019. During the same period, current assets increased from 653582 million euros to +1 billion euros. In addition, the capital has increased from 522.01 million euros to 1 billion euros.
We can see that the stock price of the company is performing very well. Since its listing, the company has continued to develop positively with interesting statistics.
Why should you invest in Moderna Stocks (MRNA)?
Moderna mainly produces vaccines, and its success is largely due to the coronavirus vaccine. If you are hesitant to invest in MRNA, here are a few reasons that will dispel all doubts.
Messenger RNA-based technology
Moderna is the second company in the world to use so-called messenger RNA technology. The latter is based on the principle of providing the body with all the genetic information useful to activate autonomic protection against viruses. It is an innovative technology with very strong growth. Success will not diminish and will bear more fruit in the future.
One of the most effective COVID-19 vaccines
Several companies are participating in the coronavirus vaccine race, but many are ineffective or have serious side effects. Fortunately, this is not the case with Moderna. Moderna vaccine is approved by several countries in the world. It gives 94.1% immunity and requires only 2 doses (28 days apart), unlike competitors that require 3 doses. All of this promises investors security and confidence.
Excellent financial indicators
Here are some figures for Moderna’s financial metrics:
- As of December 2021 Moderna has a market cap of $112.05 Billion.
- Solvency ratio: 0.04
- There is a price increase of 408% from 2020 to 2021 (in progress).
- Promotion Acquisition Cost: $27.29
- Moderna Shares as of July 2, 2021: $350
- Dividend: 0
- Dividend Yield: 0
Enter the S&P 500
So, while still unknown a few months ago, Moderna’s value rose from $6 billion to about $130 billion in just 18 months. The company’s tremendous success is thanks to its messenger RNA vaccine, which effectively fights the coronavirus. Since early 2020, the price has risen more than 200% and entered the S&P 500, known for its excellent stock index. This is news that excites many investors.
Prediction and future of Moderna Stocks
The future of MRNA looks promising and promising for anyone who decides to invest in Moderna stock. Here are a few details detailing the company’s forecasts:
Vaccination campaigns against this virus are accelerating significantly around the world. Now the new variant of the deadly virus is on the rise. WHO named this new variant as Omicron and there are reports that this variant this more infectious that the earlier ones and can be the reason for another wave of the pandemic. Trials are going on for the booster dose for the prevention against Omicron. Today Bloomberg reported that third dose of Moderna Inc.’s Covid-19 vaccine increased antibody levels to 37 folds against the omicron variant. The strong booster results against Omicron are welcome news for Moderna investors.
Increase in sales
Moderna expects vaccine sales to grow to about $19.2 billion in 2021, an average of 4.3% higher than the February 2021 forecast of $18.4 billion.
Tips for choosing the broker
Take the time to choose a website for a safe investment
When it comes to savings, it is important to take the time to choose a trading platform or bank where you want to open a PEA that best suits you, your goals, and your needs.
Prioritize stock brokers with excellent technical support
This is important if you are expecting a good result . Especially since you need help with your trading skills and handling commodities.
Choose a broker with access to international stock markets
The same applies to the proposed market. I prefer brokers that are not limited to Europe. It is best to fully diversify your investments by integrating the platform with multiple stock exchanges. Of course, it is your responsibility to control the risks and opportunities in each market.
Please refer to the membership terms and conditions
We recommend that you notify us in advance so that you do not panic when registering. The points to be verified relate to the minimum capital required, the required profile, the options and functions offered, and the verification period of the work performed.
Choose a platform with training and training resources
This criterion should be given priority, especially in the beginning. The course is also helpful for seasoned investors as stock market speculation is constantly evolving.
Almost all corporate sectors experienced sharp declines in earnings in the first quarter of 2020. You will understand that this situation is due to the global health crisis of coronavirus. One of the few surviving sectors is pharmaceuticals, more specifically laboratories developing anti-Covid vaccines.
Moderna was one of the first companies to introduce such a vaccine and has the added benefit of being effective with few side effects. His stock market share is now skyrocketing and his stock market index has exploded, giving him worldwide visibility and entry into the very popular S&P 500.
However, the stock market gain of Moderna (MRNA) stock is estimated at +400%, and acceleration of the vaccine campaign will only increase that percentage. Also, the US Institute’s forecasts are very positive. For all these reasons, we consider it very prudent to include these stocks in your portfolio as soon as possible.
If you are planning to buy MRNA stock, you can benefit from broker services. Who is better than eToro in this regard? Buy from there without commission.
Frequently Asked Questions
What is the price of Moderna stock?
At the time of listing, Moderna’s share price was $27.29. Fly to reach a value of $350 in July 2021.
Does Moderna pay dividends to shareholders?
Moderna does not pay dividends to its shareholders.
Are Moderna’s stocks suitable for newcomers in the market?
Moderna’s stocks are suitable for all types of investors, both experienced and novice investors. However, for the latter category, it is better to choose a broker (eToro) that is right for you.
What is the best platform to buy Moderna stock?
Of all the platforms to buy Moderna stock, eToro is by far the best. It has several advantages, including commission-free buying and selling, a beginner-friendly interface, and many other advantages.
What factors could lower Moderna’s stock price?
Moderna’s inventory is constantly growing, and it’s natural to wonder if it always stays this way. According to our analysis, two factors that could reduce this action could be the virus’s inefficiency and lack of demand.