How to buy and short Babylon Health shares
British digital healthcare company Babylon Health made significant strides during the Covid-19 pandemic, keeping patients connected with clinicians electronically. Discover how to trade or invest in Babylon Health with us.
How to trade Babylon Health stock
With us, you can trade Babylon Health shares in these steps:
- Create a spread betting or CFD account or Open My IG
- Search for ‘Babylon Health’ on our trading platform
- Select ‘buy’ to go long or ‘sell’ to go short in the deal ticket
- Set your position size and take steps to manage your risk
- Open and monitor your position
How to invest in Babylon Health stock
You can become a Babylon Health shareholder in these steps:
- Create a share dealing account or Open My IG
- Search for ‘Babylon Health’ on our share dealing platform
- Select ‘buy’ in the deal ticket
- Choose the number of shares you want to buy
- Open and monitor your investment position
When trading Babylon Health shares you’ll be speculating on the shift in the stock price without owning the underlying assets. If you think that the share price will rise, you’ll go long (‘buy’) and if you think it will fall, you’ll go short (‘sell’). When trading with us, you’ll use leveraged products such as spread bets and CFDs. You may also be eligible to receive certain tax benefits.1
When you invest in Babylon Health share you get direct ownership of them, which makes you eligible to receive dividends if the company decides to grant them. Also, as a shareholder you’ll also get voting rights. With us, you can own physical Babylon Health shares from zero commission.2
Trading vs investing in Babylon Health shares
Trading and investing are different in many ways. When trading Babylon Health shares with us, you’ll use spread bets or CFDs to speculate on share price movements. These derivatives let you take a position without owning the underlying shares, plus, you could receive various tax benefits.1 Spread bets and CFDs are leveraged products, which means that you only need to commit a deposit upfront – called a margin – to receive full market exposure. However, leverage significantly increase the risk of trading as it magnifies the losses as well as profits. It’s important to take steps to manage your risk
Learn more about the impact of leverage on your trades
When investing in Babylon Health shares with us, you’ll buy and own physical shares using a share dealing account. Leverage isn’t available when you’re share dealing – so you’ll need to commit the full value of your position upfront.
Investing in shares will make you a shareholder – eligible to receive dividends and voting rights if the company grants them.
How to sell or close your Babylon Health position
Selling your Babylon Health investment
- Open My IG and go to the trading account where you placed the trade
- Go to the positions tab and select ‘Babylon Health’
- Select ‘sell’ in the deal ticket
- Choose the number of shares you want to sell
- Close your position
Closing your Babylon Health shares trade
- Open My IG and go to your share dealing account
- Go to the positions tab and select ‘Babylon Health’
- Select ‘sell’ in the deal ticket
- Choose your position size
- Close your position
What is Babylon Health's business model?
The business model of this London-based digital healthcare company is centred on value-based care and is contracted to serve over 24 million people in 16 countries.3 The telehealth mobile platform helps patients navigate health systems by making a digital connection with the clinicians 24/7.
- It works with governments, health providers and insurers worldwide and also provides support to healthcare facilities of all sizes
- The digital healthcare provider increased its estimated contracted revenue to over $60 million per month since launching in 20133
- From early 2022, its digital-first service, Babylon 360, and its work in primary care will manage about 350,000 patients under a global capitated budget (healthcare provider payment agreements) and 105,000 NHS General Practitioners in the UK3
- It uses a model where technology is used to standardise clinical quality healthcare at scale
- Its digital health platform benefits from advanced computing power, data collection, prescriptive analytics, artificial intelligence and robotic processing to create integrated experiences and services for end users
- The company takes preventative healthcare approach to keep people at the peak of their health and avoid illness as a measure to lower healthcare costs
Who are Babylon Health's competitors?
Some of Babylon Health’s competitors include the following companies in the digital healthcare industry.4
- Ada Health, based in Germany
- Wellabe, based in Germany
- Medkitor, based in Spain
- Byon8, based in Sweden
- Jutro Medical, based in Poland
- Curai Health, based in the USA
Most of the above-mentioned Babylon Health competitors have received private investment through venture capital or seed funding.
Footnotes:
1 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
2 Commission rates differ for UK and US shares. Trade in your share dealing account three or more times in the previous month to qualify for our best commission rates. Please note published rates are valid up to £25,000 notional value. See our full list of share dealing charges and fees
3 Babylon Health
4 CB Insights
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
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