How to Buy Acasti Pharma Stock
Acasti Pharma Inc
Acasti Pharma Inc. , a biopharmaceutical company, engages in the development and commercialization of pharmaceutical products for cardiovascular diseases. It is evaluating strategic partnerships for the clinical development of CaPre.
Acasti Pharma stock last closed at $1.77, down 5.65% from the previous day, and has decreased 52.42% in one year. It has underperformed other stocks in the Biotechnology industry by 0.2 percentage points. Acasti Pharma stock is currently +2.91% from its 52-week low of $1.72, and -64.94% from its 52-week high of $5.05.
As of Sep 22, 2023, there are 7.45M shares of ACST outstanding. The market capitalization of ACST is $13.18M. In the last 24 hours, 30,575 ACST shares were traded.
How to Buy Acasti Pharma Stock
Wondering how to invest in Acasti Pharma stock? Here's how.
- Choose where to buy Acasti Pharma stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Acasti Pharma stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your information.
- Research Acasti Pharma stock: The Acasti Pharma ticker symbol is ACST. Is Acasti Pharma stock a good investment? Should you buy shares of ACST? How do ACST's underlying business fundamentals look? Do top analysts think Acasti Pharma is a good buy? Why has ACST's stock price moved recently? (Hint: Our stock market research tools can help you understand if ACST is a good stock to buy).
- Execute your ACST buy order: Decide if you will purchase ACST shares at the current market price or use a limit order to purchase ACST stock at a particular price.
- Get the latest news on your investment in ACST: Create a watchlist to the latest updates on your investment in Acasti Pharma stock.
Step 1: Choose where to buy Acasti Pharma stock
You will need a brokerage account to access the NASDAQ market and buy ACST stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you are able to buy ACST today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal details to open your new trading account.
- Send your application by clicking the "Create Account" button.
Step 3: Fund your investment account
Now that you've filled out your info on the best stock app to use, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring funds into your new brokerage account.
Step 4: Research Acasti Pharma stock
After you have selected the best place to buy Acasti Pharma stock, it's important to research their stock prior to investing, so you can understand the risk as well as the opportunity.
Acasti Pharma shares quick numbers
Fundamentals of Acasti Pharma
WallStreetZen was created to help average investors do better fundamental analysis in less time.
You can see all of the due diligence checks on ACST's stock page.
Is ACST stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ACST's true value.
Using relative valuations ratios:
- ACST may be undervalued based on its P/B ratio of 0.21x, relative to Biotechnology industry P/B ratio of 5.11x
You can do more valuation analysis on ACST's stock here.
Is ACST a healthy company?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the ACST balance sheet.
- Total ACST debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the ACST balance sheet.
- ACST has cash burn of 16737000. It has enough cash and short-term investments to cover this for at least one year.
- ACST has $21.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $16.74M.
- ACST has a low debt to equity ratio of 0.14.
You can dig deeper into what analysts are forecasting on the Acasti Pharma stock forecast page.
ACST Momentum
ACST Growth Metrics
Last year, ACST revenue was $0.00. During the last 2 year, ACST's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 108.03%.
Find out more about ACST's earnings and revenue performance here.
Latest Insiders Trades at ACST
Over the past 12 months, insiders at ACST have bought more shares than they have sold.
Donald Olds, Director of ACST, was the latest ACST insider to buy. They bought $781.05 worth of ACST shares on Aug 31, 2023.
Get more info about who owns ACST stock here.
Can I get consistent income from ACST stock?
No, Acasti Pharma doesn't provide an income stream by paying out dividends.
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Step 5: Execute your ACST buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, place a limit order.
Press the Open button and your broker will execute your order.
If you need more help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in ACST
Now that you own some shares in ACST, you'll want to keep up with your company.
Add ACST to a watchlist to get alerted to the latest events about your ACST stock.
ACST Feed
How to Buy Stock in Acasti Pharma
To summarize, here are the 6 steps for buying Acasti Pharma stock:
- Choose where to buy Acasti Pharma stock
- Sign up for a brokerage account
- Fund your investment account
- Research Acasti Pharma stock
- Execute your ACST buy order
- Get the latest news on your investment in ACST
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Acasti Pharma, hit the button below to create your watchlist.
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