Summary
Investors of Moderna (NASDAQ: MRNA) have had a fascinating three years. The firm immediately rose to prominence as a frontrunner in the search for a successful COVID-19 vaccine, a position it earned by developing and commercializing one of the most effective coronavirus vaccines.
Since Moderna is traded on the NASDAQ stock exchange, having access to that market is an important consideration when choosing a broker to buy its shares. Compare the performance of your investment to that of specific industries and the stock market as a whole to get a sense of how well it is doing. Start by calculating MRNA’s returns over a specified time frame, after which you may evaluate the stock’s performance relative to the S&P 500 or the Nasdaq 100. Further, you can evaluate the company’s fiscal health by keeping tabs on its quarterly or annual financial reports.
Moreover, when choosing a broker, consider its trading platforms, regulatory status, and leverage offerings, among other factors. While considering how to buy Moderna (MRNA) shares, choose a broker offering zero commissions on trading shares. Once you have chosen a broker, buying shares and managing your position is a straightforward process.
Let’s delve more into these elements and considerations. You’ll find all you need to know about investing in Moderna shares right here, from the company’s history and financials to user reviews on Reddit and Quora.
Consider your motivations carefully before investing in a firm. Does the stock seem like it could go from strength to strength in the future? Are there rumors of a takeover that could boost a company’s stock price? Perhaps the company you’ve selected is on the road to recovery, and its stock price has recently risen from recent lows. Once you’ve convinced yourself of the merits of an investment in Moderna, there are several steps to take.
- Select an Online Stock broker
- Create a Brokerage Account
- Deposit Funds
- Buy Moderna Shares
- Manage your Moderna Positions
Investors can decide whether Moderna stock fits their investment objectives and risk tolerance by analyzing the pros and cons. Some of them are enlisted below:
Pros
- Strong Financial Performance
- Diversification Potential
Cons
- Vaccine Sales Dependency
- Volatile
Investors thinking about how to buy Moderna stock should do their due diligence and think carefully about several vital elements that shed light on the company’s past performance and potential future success. Investors can improve the likelihood of their investments succeeding by taking into account the following considerations and acting accordingly.
Commissions & Fees
Compare the rates various brokers provide if you intend to buy shares in Moderna or any other US shares frequently. Buying US shares results in somewhat higher transaction fees from brokerage firms. There is often a foreign currency cost, usually approximately 1% when buying US shares with money from a non-US dollar account. Considering this as an additional cost when purchasing shares in US dollars is crucial.
Furthermore, thoroughly analyzing the costs associated before choosing a broker is always a good idea. Most platforms impose a commission or fee for trading shares; some may even charge an annual fee for owning shares. Typically, commissions are determined by variables such as trade size, investment type, and the broker’s charge schedule. This implies that the overall commission costs may rise as more trades are executed. As it happens, commission-free brokers like eToro and Capital.com enable stock trading with zero commissions.
The article elaborates on the many fees that traders may incur, including but not limited to commissions, share handling fees, trading fees, and non-trading expenses. Before deciding on a broker, it is crucial to gain a complete understanding of these costs and to shop around.
Stock Brokers Regulation
The rise of Internet brokerage services has facilitated buying of Moderna shares by traders and investors worldwide. These intermediaries facilitate the purchase of stocks traded on overseas exchanges by investors anywhere in the world. Agencies that oversee industries create rules to reduce fraud and bankruptcy and guarantee that minimum requirements are satisfied. To feel safe, you should only use services that reputable organizations regulate. If a brokerage firm operates in more than one county, its compliance with local legislation must be confirmed.
Remember to look out for regulatory agencies in your area, such as the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC) in Australia, the Financial Sector Conduct Authority (FSCA) in South Africa, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and others.
Trading Platforms
The modern brokerage industry is very competitive, with a wide variety of options available for do-it-yourself investors. These services range from established online investing platforms to more nimble mobile apps for trading stocks and other investments. When assessing how to buy Moderna (MRNA) shares, it is imperative to carefully analyze the trading platforms offered by various brokers. Select a broker who supports the in-house trading platform and the industry-standard platforms, such as MT4 and MT5, for the most secure trading experience possible.
Using a broker’s custom-built trading platform allows traders to react swiftly to market developments. These systems were developed with the broker’s clientele in mind and met their specific needs. Additionally, these trading platforms are accessible via any web browser, desktop application, or mobile app.
Working with a broker who provides a powerful trading platform enables traders to use resources such as real-time market data and advanced charting. They will have a better time trading and increase their chances of making profit.
Leverage Availability
Contract for Difference (CFD) trading, often known as leverage on shares, is a thrilling but risky strategy for investors. When trading using leverage, even a little initial investment can greatly impact long-term profits. Leverage can boost possible benefits, but it also carries the risk of increasing potential losses, so it’s crucial to keep this in mind.
Retail clients can typically choose from leverage options offered by online platforms, with the particular leverage ratios varying depending on the country in which they are based. For instance, Australian users of eToro have access to leverage of 1:5, which enables them to multiply their position by a factor of 5. eToro provides its Seychelles clients with a larger leverage of 1:10 instead. Similarly, Capital.com allows European customers to increase their trading positions by giving them a 1:5 leverage ratio just for buying Moderna shares.
Moderna Stock Performance
Moderna Shares have increased 731% since the beginning of 2020, but the company expects coronavirus-related sales to decrease this year. At this point, it’s reasonable to wonder if the company can carry on as usual and maintain its market-beating return rates or whether the company will lose its attractive charm during this post-pandemic era, where the vaccine demand has dropped significantly. As of writing, MRNA stock is traded at $128.52 down by 278% from its ATH. The all-time high (ATH) price of Moderna Stock was recorded as $484.47 on August 09, 2021. Over the course of the past 5 years, Moderna Stock has risen by over 547.2%. In June, 2019, the shares of Moderna were trading at $19.85. The significant surge in price testifies the positive stock performance of the company.
Moderna Past Dividends
At present, shareholders of Moderna, Inc. do not receive dividend payments. Companies often give dividends to their stockholders as a means of showing appreciation and spreading wealth. However, Moderna has taken a different strategy because of its focus on biotechnology and pharmaceuticals. Instead of distributing profits to shareholders as dividends, the firm plows them back into R&D, particularly in RNA treatments and mRNA vaccines. The company’s long-term goals include advancing its cutting-edge technologies, creating groundbreaking new therapies, and propelling the industry forward. Therefore, Moderna investors may gain more from the company’s growth possibilities than the company’s typical dividends.
Did you know that buying shares in Moderna is easier than ever? You can choose from a variety of options through online brokers, including their very own or third-party trading platforms. You can enhance your trading experience with just a few clicks by utilizing the plethora of tools offered by these amazing platforms. Notably, the majority of online brokers provide trading platforms that are responsive to both desktop and mobile devices.
Desktop Trading Platforms
Clients of online brokerages have access to custom-built desktop trading platforms. To buy and sell MRNA shares, for instance, clients worldwide can use eToro’s advanced web platform, which supports a wide variety of trading strategies. The advanced tools available on the platform make it possible to build and employ various stock trading methods.
Investors can also buy Moderna stock via the reputable online trading and investment platform, Capital.com. Customers can use various technical indicators and create custom charts on its unique platform. MetaTrader 5 (MT5) is an additional trading platform made available by various firms. These systems are well-liked by first-time computer users owing to their intuitive interfaces and lightning-fast response times. The intuitive design of the User Interface makes it quick and easy to access a wealth of data, including the current price of an asset. Traders worldwide have assurance in the online platform because of the variety of trading instruments it offers.
Mobile Apps
Mobile apps have revolutionized trading in the financial markets. Online brokers have developed robust and straightforward mobile trading apps, allowing customers to buy shares in Moderna, for instance, on the go. Traders can track the market and make transactions from their mobile devices. Furthermore, thanks to these mobile apps, they can keep in touch and be ready to act on trading opportunities anytime.
For example, Capital.com offers a state-of-the-art mobile app for buying stocks, which features technical analysis tools, price notifications, and order limits. In the same spirit, the globally renowned eToro provides its users with a state-of-the-art mobile trading platform. A rising number of brokers now offer mobile apps for traders who prefer third-party platforms like MT5 to buy Moderna shares. These smartphone apps simplify and streamline trading with features including in-depth technical analysis, insights into market activity, and various order formats. Traders can now conduct business on-the-go using their smartphones and tablets.
When considering how to buy Moderna (MRNA) shares, it is in your best interest to prioritize assessing the fees and transaction costs. These expenses can be categorized into trading fees and non-trading fees. Let’s delve deeper into each category.
Trading Fees
Spreads, commission, overnight, rollover\swap fees are only some of the charges made to Moderna stock buyers and sellers. Brokers will charge you what is called an overnight, rollover, or swap cost to keep a trade open through the night. The spread is an additional expense when trading. It is the difference between the bid and ask prices when buying or selling stock. If the brokerage is not commission-free, you may have to pay an additional one percent (or less) for buying shares through them.
Non-Trading Fees
Brokers may charge customers for services other than just trading. For instance, if no trades are performed for a set period, your broker may charge you an inactivity fee. Some brokers impose custody fees on them to ensure the safety of their clients’ stock holdings. Depending on the broker and the withdrawal method, a fee may be assessed when withdrawing funds. Customers may be liable to currency exchange fees when buying Moderna shares in a currency other than the account’s base currency. Finally, depending on your broker and the method you use, there may be fees involved with transferring money into your brokerage account.
About Moderna (MRNA)
Based in Cambridge, Massachusetts, Moderna, Inc. is a pharmaceutical and biotechnology company specializing in RNA therapeutics, primarily focusing on mRNA vaccines. These vaccines utilize messenger RNA, which carries instructions for proteins to stimulate an immune response.
The company has a market cap of $48.68 Billion and is traded at NASDAQ with a ticker of MRNA. As of writing, the stock price is $128.52. Moreover, the number of Moderna shares outstanding for the quarter ending March 31, 2023, was 0.405 billion, indicating a 4.93% decrease compared to the previous year. In 2022, Moderna had 0.416 billion shares outstanding, representing a 3.48% decline from the previous year (2021).
Media reports or rumors regarding a material shift in a company’s business prospects often cause its stock to trend, leading to an abrupt change in price. However, certain primary considerations always drive the buy-and-hold choice. Nothing will change if a company cannot increase its revenues, even if its earnings growth is the best possible sign of its financial health. That’s why forecasting a company’s future revenue growth is crucial. Moderna’s financial results, including its revenue growth, profitability, and earnings, can influence investor sentiment and consequently impact the stock price. What’s more, broader market trends, macroeconomic factors, and perceptions of the biotechnology and pharmaceutical industry can also impact Moderna’s stock price.
After stepping into the specifics of purchasing Moderna stock, we can examine what individuals on sites like Quora and Reddit have to say about the company.
Reddit has become a go-to platform for staying updated on current events, discovering new content, and engaging in meaningful conversations with people worldwide. While searching the platform for information on how to buy Moderna (MRNA) stocks, we encountered a limited number of related discussions. Traders expressed uncertainty regarding the stock’s performance, speculating that it could decline in the future due to lower vaccine sales.
This particular user states in his comment that Moderna is not a diversified biotech company. They currently have only one approved product for selling. There are a lot of uncertainties while this is happening, if something comes up during this phase then the stock price is likely to become extremely volatile and the market will adjust their expectations for future earnings.
Quora
Quora is a social platform that gained popularity as a platform for seeking information, sharing knowledge, and engaging in meaningful conversations.
During our search in Quora, we found only a few threads regarding the Moderna stocks as people were more concerned about its vaccine. Upon asking about the performance of Moderna stocks, this Quora user stated in his comment that Moderna is a good stock and a higher risk tolerance investor will opt for Moderna as its shares will grow far better and faster.
Bottom Line
When considering how to buy Moderna (MRNA) shares, careful consideration of one’s investing goals and financial resources is pertinent before entering the market. It’s always a good idea to set some concrete objectives. Choosing a trustworthy and licensed brokerage that charges no commission will help you save money on trading fees.
Studying various brokers’ rules, services, platforms, prices, and regulations is also imperative. Depending on personal preference, various options are available, including desktop, web-based, and mobile apps to trade shares. It would be best to research the pros and cons of investments like shares before putting your financial future in their hands. It is wise to examine the company’s stock performance before purchasing Moderna shares. Analyze the sales of the COVID-19 vaccine and the other possible vaccines and treatments in Moderna’s pipeline. Think about how much interest there could be in their items on the market and how well the company can develop new medicines which might help in boosting its share price.
One of the benefits of stock investment is the opportunity for financial gain, but one of the risks is the possibility of significant loss if the company or industry in which you have invested does poorly.
Q & A
Moderna’s stock performance is related to its product pipeline. The company generated about $36B in sales over 2 years from COVID vaccines alone. However, according to the June 2023 financial report, the company experienced 1.38B of net loss in Q2 2023.
Moderna was founded in September 2010.
With 12% of the total shares, Baillie Gifford & Co. is the company’s largest stakeholder in Moderna.
Robert S. Langer, Stéphane Bancel, Noubar B. Afeyan, Baillie Gifford & Company, are top shareholders.
Moderna shares are a good buy, but risk is involved, like any investment.
Moderna went public on December 7, 2018.
The price of moderna shares at IPO was $23 per share.
Yes, you can trade Moderna shares as CFDS but always remember that share CFDs are high risk instruments
You can easily buy Moderna shares online through online brokers
No, Moderna does not pay dividends on its shares.
On January 3, 2023, the first trading session of the year, Moderna was traded at $178.99.
Thanks to fractional shares, investors can invest as little amount as they want in Moderna shares
Moderna is listed on NASDAQ Exchange.
Yes, online brokers like eToro allow the traders to buy Moderna shares as fractional shares.
Average Percentage increase in Moderna Shares per year since its IPO is 92.07%.
