How To Buy Mylan Stock

You can buy Mylan shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Mylan shares with a broker like eToro or you can trade Mylan CFDs with XTB you can begin trading Mylan shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Mylan stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Plus500 FXPrimus Trading212 AvaTrade
Rating
Used By 12,000,000+ 250,000+ 15,500+ 10,000+ 14,000,000+ 200,000+
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Scroll down to read our indepth article on How To Buy Mylan Stock. What you should know, Types of trading Mylan Stock and CFD's. Pros and Cons, everything is explained below.

Mylan Financial Details

Financial Details

Mylan Stock symbol MYL
Mylan Sector and Industry Health Care Biotech & Pharma
Mylan Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $32.23
52 Week Low $16.63
Mylan Market Capitalisation $11,158,789,407.00
Mylan Average Volume 6,511,233.00
Mylan PE 236.46
Mylan EPS 0.09
Stock Currency USD

Overview of Mylan

Mylan is an American Health Care Biotech & Pharma company currently traded on the NASDAQ which fully known as the National Association of Securities Dealers Automated Quotations exchange.

Mylan trades under the stock symbol MYL on the NASDAQ.

Mylan shares are exchanged in USD on the NASDAQ.

Mylan has a current share price of $21.68 USD dated 31/01/2020.

The highest Mylan share price over the last 52 weeks was $32.23 USD and its lowest price over the last 52 weeks was $16.63 USD. That is a 52 week price range of $16.63 - $32.23.

Mylan Trading Volume and PE

Mylan currently has 516,133,000.00 active shares in circulation traded through the NASDAQ exchange.

Mylan market capitalization is $11,158,789,407.00 with an average daily trading volume of 6,511,233.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Mylan has a Price Earning Ratio ( PE ) of 236.46 and earning per share ( EPS ) of 0.09. Generally speaking Mylan having a high P/E ratio means that Mylan investors forsee increased growth with Mylan in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Mylan earnings per share is Disney company profit that's allocated to every Mylan common stock. Earnings per share is calculated by taking the difference between Mylan's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Mylan shares outstanding.

Mylan Financial Charts

Financial Details

Mylan Information

Mylan Location & Contact Information

Address 1000 Mylan Blvd Canonsburg, PA 15317 United States
Phone Number 1-724-514-1800
Website URL www.mylan.com

Mylan Executives and Board Members

Chief Executive Officer Heather Bresch
President Rajiv Malik
Chief Financial Officer Kenneth S Parks
Mylan Board Member Robert J Coury
Mylan Board Member Neil F Dimick
Mylan Board Member Hon Robert J Cindrich

How To Buy Mylan Stock Guide

Buying Mylan Stocks and CFDs

When investing in Mylan you have several options as to what type of investment you wish to conduct. You can buy traditional Mylan shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Mylan shares with stock brokers and trading Mylan with CFDs below.

Mylan CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Mylan stock.

If you buy Mylan shares with a stock broker you actually own a share of Mylan. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Mylan price will change up or down.

Lets explain why you would buy Mylan as a CFD instead of as a share.

If you went and brought 100 Mylan shares at $100 a share with a stock broker you own $1000 of Mylan.

The main difference when trading Mylan as a CFD and buying Mylan as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Mylan you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Mylan. Trading an Mylan CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Mylan CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Mylan share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Mylan CFD long would be hoping to profit from a rise in the Mylan share price. An Mylan CFD short would be aiming to profit from a fall in the Mylan stock price. Trading CFDs allows traders to profit from both directions of the Mylan price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Mylan shares you can only profit from a rise in the Mylan stock price.

Mylan CFD and Stock Market Times

When trading in traditional Mylan shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Mylan Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Mylan stock. This limits your risk to your initial amount invested in Mylan. You can only lose the amount invested with traditional Mylan shares. Another benefit of buying Mylan shares with a broker is that you may be eligible to receive Mylan company dividends if applicable.

If you Invest in Mylan via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Mylan. If you buy Mylan stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Mylan benefits as in owning a certain amount of stock for a set period.

If you own shares in Mylan you may be eligible to voting rights at Mylan shareholder general meetings.

Mylan Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Mylan Stocks and shares are only exempt from tax if the Mylan shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Mylan Stocks and Shares or Mylan CFDs?

There are pros and cons to trading in both Mylan Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Mylan stocks and shares is better suited for long term investments. Historically Mylan shares provide better returns over the long term, usually a 10 year period.

Mylan CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Mylan share investors aim to profit on the fluctuating highs and lows of the Mylan price throughout the day. Day trading as you can imagine focuses on profiting from the daily Mylan stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Mylan stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Mylan share price for example to a known amount.

Example Cost of Buying Mylan as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Mylan CFD trade example Mylan Share deal example
Market price $21.68 $21.68
Broker Deal Invest $4.336 at 1:5 Margin (20%) Buy at $21.68 a share
Deal size 100 shares 100 shares
Initial outlay

$433.6

(Margin = exposure x 20% margin factor)

$2168

(100 shares at $21.68)
Stamp duty No £20
Close price Sell at $26.016 Sell at $26.016
Estimated Profit

(4.336 point increase x 100 shares = $433.6)

*Not including commission fees and taxes

($2601.6 - $2168 = $433.6)

*Not including commission fees and taxes
Trade Mylan CFDs now with XTB Trade Mylan Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Mylan shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Mylan.