Here is a list of online brokers where you can find shares of Moderna, one of the most famous pharmaceutical companies today due to its breakthroughs and research on the Covid-19 vaccine. All of these Moderna stock brokers are regulated by one of the major financial regulatory bodies.
Moderna Stock Brokers
Pfizer was first. The US pharmaceutical company produces the coronavirus vaccines that are already being given to people in many countries. The race – which is for life – for second place seems to be between Moderna and AstraZeneca. In theory, it is a good time to trade in the pharmaceutical sector (or not). We at OkBrokers will try to shed some light in this article on investing in Moderna shares.
On 30 December 2020, Moderna shares were worth USD 111.13. It reached that amount after several days of decline: on 8 December it stood at 169.86 USD. It remains to be seen whether this trend will be confirmed or, as is more likely, whether it will return to the growth path it started in 2020.
The chart showing the value of Moderna’s shares is crystal clear. An ascending line with slight sawtooths, but always upwards. A simple illustration: on 31 December 2019, the assets of this pharmaceutical company stood at 18.13 dollars. Ergo, in one year, Moderna’s share price has risen by 512%.
Moderna, according to en.investing.com, has a market capitalisation of $43.98 billion, with almost 396 million shares outstanding. Moderna’s largest shareholders are US-based FMR LLC (8.65 %), Flagship Pioneering Inc (7.8 %), Vanguard Group Inc (7.04 %) and Blackrock Inc (5.11 %). The latter two also have large stakes in Pfizer.
Unless you have clairvoyant skills, it is very difficult to give a firm answer to the question at the top of this section. If everything goes according to plan, Moderna’s vaccine reaches hospitals in the coming weeks and works without any setbacks, the answer would be clear: yes, it is a good time to buy Moderna shares.
However, if there is even the slightest problem with vaccines, the debacle could be historic. Just as it would be for Pfizer, AstraZeneca and any other pharmaceutical company involved in the search for the coveted antidote. This is about life, and that is more important than anything else. Therefore, the smallest mistake will be very costly.
The reports do not point to the side of failure, quite the contrary. In fact, Moderna’s vaccine was authorised a few days ago by the US Food and Drug Administration (FDA). Moreover, the pharmaceutical company itself has announced its alliance with the Swedish company Recipharm to bring the vaccine to Europe.
It is not only the fact that it is very close to starting to implement its vaccine that influences the perception that it is a good time to invest in Moderna, but also the company’s past. Since its formation, the company has demonstrated a solidity and performance in terms of raising finance and funds that speaks volumes about its seriousness. But, as I said, everything can change after a bad puncture.
There are several options for investing in Moderna shares, as in many other companies. You can buy the company’s assets outright. If they appreciate in value, you will obviously make a profit when you sell. You can also invest in an investment fund. The biggest problem with this alternative is that the margin left to the trader to trade is minimal.
And there is one more possibility, which is to invest in CFDs (Contracts for Difference). We have already talked about them many times on OkBrokers, and you know that they are one of the most popular ways to invest online. Another thing that we repeat in this blog (to the point of boredom) is that you should always surround yourself with those who know best and that CFDs are complex financial instruments that carry a risk of capital loss.
Finally, we would like to remind you that you will find lists of regulated online brokers on our website. Sign up with one of them and you will have a better chance of everything going smoothly. The rest depends on your investment expertise. Don’t take risks with unreliable brokers. Your capital is at risk.
- Buy Amazon shares
- Buy AstraZeneca shares
- Buy Banco Santander shares
- Buy Google shares
- Buy Inditex shares
- Buy Pfizer shares
- How to buy shares