Slowly Growing Stock To Consider: BioNTech SE (NasdaqGS: BNTX)

Since March 9 BNTX has grown by 62%. But $55 price became a peak on March 23. Right now it is traded at $50.00 by losing $5 on the way. The stock’s interesting performance in one year period between 2019 and 2020. In October 2019 its price was traded at around $13 then slowly in December it grows by 306%.

Its net income looks not really promising by exposing only negative numbers. Research and Development exceed the revenue which needs a big improvement. The balance sheet still thrives to show good standings of assets and equity with much lower total liabilities. For long term focused traders BNTX could be a good alternative to diversify their capitals.

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Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life