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How to Buy Oxford BioMedica Shares UK – With 0% Commission

After recently hitting all-time highs, Oxford BioMedica has had a fantastic year thus far. The rollout of the COVID-19 vaccine has generated vast streams of revenue for the company, with further exciting developments yet to come. So, with this in mind, this article discusses How to Buy Oxford BioMedica Shares UK.

We’ll explore the company in detail, providing all the information you need to make an effective investment decision and showing you how to invest without paying any commissions at all!

How to Buy Oxford BioMedica Shares UK – Step by Step Guide 2021

If you are looking to buy shares in Oxford BioMedica right away, then the steps below will show you how to do so in minutes. In the sections that follow, we dive into Oxford BioMedica in detail, breaking down the company’s business model and financials.

  • Step 1: Open an eToro Account – Navigate to eToro’s homepage and click ‘Join Now’. Enter your email address and choose a username and password.
  • Step 2: Verify your Account – Upload proof of ID (copy of passport or driver’s license) and proof of address (copy of bank statement or utility bill) to verify your account.
  • Step 3: Deposit – Fund your account via credit/debit card, bank transfer, or e-wallet.
  • Step 4: Buy Oxford BioMedica Shares – Type ‘OXB’ into the search bar and click ‘Trade’ next to the first option. Enter the amount you’d like to invest and click ‘Open Trade’.

Step 1: Choose a Stock Broker

Before you buy Oxford BioMedica shares, you’ll have to create an account with a broker to facilitate your investment. These brokers essentially pair buyers and sellers together and allow users to buy shares from the comfort of their own home. However, there are a significant number of brokers available to choose from these days – so narrowing down the options can be tricky.

To help streamline this process, this section presents the best stock brokers that allow you to buy Oxford BioMedica shares. By using one of these brokers, you’ll be able to trade the stock market safely and cost-effectively.

1. eToro – Overall Best Broker to Buy Oxford BioMedica Shares in the UK

etoro stock broker Our recommended broker for investing in Oxford BioMedica is eToro. eToro has a stellar reputation in the trading industry, having been established back in 2007. The services that eToro offers are highly regulated by entities such as the FCA, ASIC, and CySEC. Regulation from these companies ensures that users can trade safely and securely using eToro.

eToro has one of the most cost-effective fee structures in the industry, charging 0% commissions when purchasing shares. Notably, eToro offers both real stock and CFD trading options – with the latter meaning that you can employ leverage. Users can utilise up to 5:1 leverage on stock CFDs, meaning that potential profits can be boosted by up to 5x!

etoro copyportfolio

Aside from fees, eToro offers some innovative features such as the CopyPortfolio and CopyTrader feature. The former allows you to invest in a professionally managed portfolio without paying any management fees, whilst the latter will enable you to automatically copy the trades of other, experienced traders in real-time on eToro’s platform. Finally, eToro’s minimum deposit amount is only $200 and can be made via credit/debit card, bank transfer, or e-wallet.

Pros

  • Buy shares with 0% commissions
  • No stamp duty tax on UK shares
  • Huge selection of shares, ETFs, commodities, and currencies
  • No deposit or monthly account fees
  • Innovative CopyPortfolio and CopyTrader features
  • Regulated by the FCA
  • Minimum deposit of only $50

Cons

  • Some small withdrawal and inactivity fees

67% of retail investor accounts lose money when trading CFDs with this provider. 

 

2. Fineco Bank – Heavily Regulated Broker to Buy Oxford BioMedica Shares

fineco bank logo If you are looking for an alternative to eToro, we’d also recommend checking out Fineco Bank. Fineco Bank has an exceptional reputation worldwide and is regulated by the Bank of Italy. Moreover, Fineco Bank even has a banking license and is listed on the Italian Stock Exchange! These factors ensure Fineco Bank is one of the safest places to invest in stocks.

The great thing about Fineco Bank is that they offer a flat fee structure for traders. UK-based traders are charged only £2.95 per trade, regardless of trade size. If you are using more significant amounts, this tends to be less of a fee than other brokers. What’s more, Fineco Bank does not charge any deposit, withdrawal, inactivity, or monthly account fees.

fineco bank review

The account opening process with Fineco Bank is super-quick and can be completed online. Notably, Fineco Bank does not have a minimum deposit threshold – meaning you can deposit as much or as little as you want! However, Fineco Bank only accepts bank transfers for deposits, taking a few days to arrive.

Pros

  • Access to thousands of UK and international shares
  • Deposit funds with a UK bank account
  • Heavily regulated, including an FCA license
  • Thousands of assets to choose from
  • Flat-fee of only £2.95 per trade

Cons

  • 0.25% annual fee
  • Only bank transfers allowed

Your money is at risk.

Broker Price Comparison

As you can see from the section above, we recommend using either eToro or Fineco Bank to buy Oxford BioMedica shares. The table below compares these platforms with other platforms in the industry, allowing you to compare the fee structures of each.

Broker Commission Account Fee Deposit Fee
eToro 0% None None
Fineco Bank £2.95 per trade None None
Capital.com 0% None None
Libertex From 0.1% None None
Hargreaves Lansdown £11.95 per trade None None

 

Step 2: Research Oxford BioMedica Shares

Before you buy Oxford BioMedica shares, you must research the company in-depth and determine whether it represents a good investment opportunity. This process is critical when stock trading, as it allows you to make better trading decisions over the long term. With this in mind, the sections below present all of the crucial information you need to know about Oxford BioMedica, ensuring you can make an informed investment.

What is Oxford BioMedica?

oxford biomedica logo

Oxford BioMedica PLC is a pharmaceutical and biotechnology company based in Oxford in the United Kingdom. The company specialises in gene and cell therapy, aiming to produce medication that can help treat diseases or repair damaged genetic material. Oxford BioMedica was established in 1995 as a spin-off from the prestigious Oxford University and has grown remarkably over the past 16 years.

Oxford BioMedica has explored gene therapy techniques over the past decade to help alleviate symptoms from diseases such as Parkinson’s and Cancer. More recently, Oxford BioMedica has been in the public eye due to its involvement in developing the COVID-19 vaccine. The company is currently part of a consortium of biopharmaceutical companies that have constructed the Oxford-AstraZeneca vaccine, led by the Jenner Institute.

oxford biomedia investment

John Dawson is the current CEO of Oxford BioMedica, with Lorenzo Tallarigo acting as Chairman. The company is listed on the London Stock Exchange (LSE) under the ticker symbol ‘OXB’ and is a constituent of the FTSE 250 index. According to Yahoo Finance, Oxford BioMedica has a market cap of £1.13 billion.

Oxford BioMedica Share Price

At the time of writing, the Oxford BioMedica share price is currently sitting at 1376 GBX (pence). This represents an increase of 32.53% since the start of the year and an increase of 61% from this date last year, highlighting strong past performance. Notably, the Oxford BioMedica share price actually reached an all-time high of 1400 GBX as recently as July 2021 and is hovering around this level at the time of writing.

The daily price chart for Oxford BioMedica makes for good viewing for investors, as there’s a clear and strong uptrend overall. With momentum this strong, there’s certainly scope to breach the recent all-time highs and post new ones.

oxford biomedica shares price chart

67% of retail investor accounts lose money when trading CFDs with this provider. 

If you were to look at the company’s earnings per share (EPS) and price to earnings ratio (P/E), it would make for grim reading – but those don’t tell the whole story. According to the Financial Times, the company has an EPS figure of -£0.0817. This may look bad, but the reality is that pharmaceutical companies are rarely profitable initially, as much of their products tend to be caught up in clinical trials and do not generate revenue until years down the line. Due to this, the company does not have a positive PE ratio at present.

The good news is that losses are narrowing, so the company is definitely nearing profitability. Pre-tax losses for the most recent fiscal year were only £6.6m, much less than the year before. With revenues increasing due to the vaccine, the signs look promising that Oxford BioMedica will turn a profit in this fiscal year.

Oxford BioMedica Shares Dividends

If you are interested in investing for monthly income, then dividend-paying stocks are a great way to facilitate this. At present, if you were to buy Oxford BioMedica shares, then you wouldn’t receive a dividend yield as the company do not currently pay one. This is due to the company not presently being profitable, as profits are where dividend payments come from.

However, as Oxford BioMedica is nearing profitability, there’s always scope for this to change in the future. Many pharmaceutical firms will use their free cash flow to fund research, but some do not. So, it’s wise to keep an eye on this element going forward.

Oxford BioMedica ESG Breakdown

More and more people are becoming interested in ethical investments. These offer a way to create a portfolio of companies responsible in an environmental, social, and governance sense. To provide insight into how moral Oxford BioMedica is, we’ve researched the company’s ESG rating thoroughly.

Presented below are Oxford BioMedica’s ESG ratings which were gathered from prominent data analytics firm CSRHub:

  • Environmental – 63/100
  • Social – 51/100
  • Governance – 49/100

Each category is scored out of 100, with a higher score representing a better performance in that category. As you can see, Oxford BioMedica is performing admirably in an environmental sense, whilst they are around average for social and governance factors. The company’s overall ESG score comes out at 42/100, making them just below average compared to other biotech companies.

Are Oxford BioMedica Shares a Good Buy?

There are many reasons why it’s a good idea to buy Oxford BioMedica shares right now. Presented below are two of the main ones to get an idea of the logic behind this investment idea.

Vaccine Revenues

As you can imagine, the revenue being generated by vaccine sales is helping out Oxford BioMedica’s bottom line drastically. The company recently stated that it is estimating that sales will breach the £100m mark this year, with “significant growth” in metrics such as operating earnings. Furthermore, numerous analysts predict that the company will generate a pre-tax profit this year, with estimates ranging around the £6.9m level.

oxford biomedica financials

Further Innovations

According to their website, Oxford BioMedica has its own technology called LentiVector, which is the first commercially approved lentiviral-based gene delivery system. This platform enables the development of revolutionary drugs and treatments for a range of diseases. Furthermore, this platform can also be used by other, larger companies (for a fee), which will generate enormous revenues for Oxford BioMedica.

The combination of vaccine revenues, plus the LentiVector technology’s potential, put Oxford BioMedica in a strong position going forward. For that reason, we believe this company is an excellent addition to equity portfolios for the months and years to come.

Step 3: Open an Account & Buy Shares

If you are interested in pharmaceutical shares, Oxford BioMedica represents an excellent opportunity to gain exposure to this sector. Notably, very few brokers allow you to directly invest in Oxford BioMedica at present. With this in mind, we’ll show you how to gain indirect exposure to the company’s shares using eToro – without paying a penny in commissions!

Step 1: Create an eToro Account

Head to eToro’s website and click ‘Join Now’. Enter a valid email address and choose a username and password for your account.

etoro open account

Step 2: Verify your Account

Before you can begin trading, you’ll need to verify your new eToro account. Simply enter the required information for the KYC checks and upload proof of ID (a copy of your passport or driver’s license) and proof of address (a copy of a bank statement or utility bill).

Step 3: Fund your Account

eToro requires an initial deposit of $50, which can be made through the following options:

  • Credit card
  • Debit card
  • Bank transfer
  • PayPal
  • Skrill
  • Neteller
  • Trustly
  • Klarna

Step 4: Search for Pharmaceutical Shares

To gain exposure to the Oxford BioMedica share price, it’s best to buy shares in AstraZeneca, as this company are partnered with them. Type ‘AZN.L’ into the search bar and click ‘Trade’ next to the first option.

etoro buy oxford biomedica shares

Step 5: Buy Shares

An order box will now appear, which will allow you to enter your position size and choose leverage if you wish. Once you are happy with everything, click ‘Open Trade’.

etoro buy oxford biomedica shares

And that’s it! You’ve officially gained exposure to the Oxford BioMedica share price – without paying any commissions!

67% of retail investor accounts lose money when trading CFDs with this provider. 

Oxford BioMedica Shares Buy or Sell?

Overall, Oxford BioMedica looks set to be one of the breakthrough companies in the pharmaceutical industry this year. The company falls firmly in the category of growth stocks, as it has fantastic potential due to its innovative technology. Furthermore, the revenues that the vaccine rollout has brought in will undoubtedly be put to good use in terms of research and development.

oxford biomedica buy shares

The signs are looking good for Oxford BioMedica to become profitable this year, which would be a landmark moment for the company. So, if you want to gain exposure to the pharmaceutical industry by investing in an exciting and growing company, Oxford BioMedica represents a fantastic way of doing so.

Other Vaccine Shares

Interested in investing in other pharmaceutical companies that are involved in developing a coronavirus vaccine? Check out the list below.

eToro – Buy Oxford BioMedica Shares UK with 0% Commission

Overall, the decision to buy Oxford BioMedica shares UK will allow you to gain exposure to the pharmaceutical industry efficiently and cost-effectively. With the company still growing rapidly, there’s enormous potential for positive returns in the months and years to come.

If you’re looking to gain exposure to Oxford BioMedica, we’d recommend using eToro. Most brokers don’t allow direct investment in the company at present, although eToro will enable you to invest in Oxford BioMedica’s partner company, AstraZeneca. Through this investment, you’ll be able to gain exposure to the company’s price movements – completely commission-free!

etoro logo

67% of retail investor accounts lose money when trading CFDs with this provider. 

FAQs

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Connor Brooke author check sign Pro Investor

Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has extensive knowledge in the investing space, and has also written two theses on mutual funds and the UK market.

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