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How to Buy Abeona Therapeutics Stock

Abeona Therapeutics Inc

Abeona Therapeutics Inc. , a clinical-stage biopharmaceutical company, develops gene and cell therapies for life-threatening rare genetic diseases.

Abeona Therapeutics stock last closed at $4.59, up 2% from the previous day, and has decreased 0.65% in one year. It has overperformed other stocks in the Biotechnology industry by 0.22 percentage points. Abeona Therapeutics stock is currently +62.19% from its 52-week low of $2.83, and -49.06% from its 52-week high of $9.01.

There are currently 41.19M shares of ABEO outstanding. The market cap of ABEO is $189.04M. In the last 24 hours, 413,967 ABEO shares were traded.

How to Buy Abeona Therapeutics Stock

Not sure how to invest in Abeona Therapeutics stock? Here's how.
  1. Decide where to buy Abeona Therapeutics stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Abeona Therapeutics stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your details.
  4. Analyze Abeona Therapeutics stock: The Abeona Therapeutics ticker symbol is ABEO. Is Abeona Therapeutics stock a good investment? Should you buy shares of ABEO? How do ABEO's underlying business fundamentals look? Do top analysts think Abeona Therapeutics is a good buy? Why has ABEO's stock price moved recently? (Hint: Our stock analysis website can help you understand if ABEO is a good stock to buy).
  5. Make your ABEO trade: Decide if you will purchase ABEO shares at the current market price or use a limit order to purchase ABEO shares at a given price.
  6. Keep an eye on your ABEO investment: Create a watchlist to the latest updates on your new investment in Abeona Therapeutics shares.

Step 1: Decide where to buy Abeona Therapeutics stock

You will need a brokerage account to access the NASDAQ market and buy ABEO stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal info so you are able to invest in ABEO stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to create your new brokerage account.
  1. Send your details by hitting the "Create Account" button.
  2. Get started with eToro today
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Step 3: Put funds into your brokerage account

Now that you've opened your account on the best investment app, your next step is to transfer the money for your investment:

Watch the walkthrough below for more details transferring funds into your brokerage account.

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Step 4: Analyze Abeona Therapeutics stock

Once you have selected the best place to buy Abeona Therapeutics stock, it's crucial to research their stock prior to investing, so you can understand the risk as well as the upside.

Abeona Therapeutics quick stats

ABEO Price
$4.59
1w %
7.24%
1y %
-0.65%
5y %
-96.55%
P/E
-1.43x
P/B
-21.29x
P/S
35.86x
PEG
N/A
Revenue
$3.50M
Earnings
-$76.66M
Fore. Rev. Growth
131.95%
Fore. Earn. Growth
N/A
Market Cap
$189.04M
Next Earnings
Aug 6, 2024
Next Dividend
N/A

Abeona Therapeutics Due Diligence Checks

WallStreetZen was designed to help average investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on ABEO's stock page.

What is the fair value of ABEO stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ABEO's intrinsic value.

You can access additional valuation research on ABEO's stock here.

ABEO Financial Health Summary

Positive Financial Indicators:

  • ABEO has $62.68M in cash and short term investments. This is enough to cover its annual cash burn of $40.44M.
  • ABEO has cash burn of 40437000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the ABEO balance sheet.

Negative Financial Indicators:

  • ABEO profit margin has gone up by 6.69 percentage points in the past year, but the company is still unprofitable.
  • Total ABEO debt is still negative.
  • ABEO debt to equity ratio of -9.43 is negative.
  • There are more long-term liabilities than short-term assets on the ABEO balance sheet.

Is ABEO stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Equities analysts who give recommendations on ABEO, the consensus analyst rating on Abeona Therapeutics is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Abeona Therapeutics stock forecast page.

ABEO Technical Indicators

SMA10
4.43
SMA20
4.35
SMA50
5.09
SMA100
5.89
SMA200
5.17
MACD
-0.11
MACD Signal
-0.21
MACD Histogram
0.09
RSI
51.08
Stochastic %K
67.2
Stochastic %D
62.61
StochRSI %K
98.62
StochRSI %D
93.54

ABEO Revenue

Last year, ABEO revenue was $3.50M. During the past 5 year, ABEO's revenue has grown by 7.25% per year. This was slower than the Biotechnology industry average of 31.82%.

Dig into ABEO's earnings and revenue performance here.

Who is buying/selling ABEO?

In the last year, insiders at ABEO have sold more shares than they have bought.

Brendan M. Omalley, SVP General Counsel of ABEO, was the latest ABEO insider to sell. They sold $49,498.52 worth of ABEO shares on Jun 5, 2024.

Research more about who owns ABEO shares here.

Does ABEO stock generate passive income?

No, Abeona Therapeutics doesn't provide an income stream by paying out dividends.

What others are saying about ABEO

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your ABEO trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will execute your order.

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Step 6: Keep an eye on your ABEO investment

Now that you own some shares in ABEO, you'll want to stay up-to-date on your new shares.

Put ABEO on a watchlist to get the latest updates about your ABEO stock.

ABEO Feed

How to Buy Stock in Abeona Therapeutics

To summarize, here are the 6 steps to buy stock in Abeona Therapeutics:

  1. Decide where to buy Abeona Therapeutics stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Abeona Therapeutics stock
  5. Make your ABEO trade
  6. Keep an eye on your ABEO investment

If you require a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Abeona Therapeutics, create your watchlist below.

NASDAQ: ABEO
$4.59+0.09 (+2%)
Updated Jun 13, 2024
Open eToro Account
NASDAQ: ABEO
$4.59+0.09 (+2%)
Updated Jun 13, 2024
Open eToro Account

FAQ

How much does it cost to buy one Abeona Therapeutics share?

As of Jun 13, 2024, it costs $4.59 to buy one share of Abeona Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.436 shares of ABEO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Abeona Therapeutics stock?

According to 2 Wall Street analysts who monitor Abeona Therapeutics, their consensus recommendation is to buy Abeona Therapeutics stock.

What is the best way to buy Abeona Therapeutics stock?

One way to place an order for Abeona Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.