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 $3.11, up 3.67% from the previous day, and has increased 20.08% in one year. It has overperformed other stocks in the Biotechnology industry by 0.3 percentage points. Acasti Pharma stock is currently +57.07% from its 52-week low of $1.98, and -13.37% from its 52-week high of $3.59.
As of Oct 4, 2024, there are 10.14M shares of ACST outstanding. The market capitalization of ACST is $31.53M. In the last 24 hours, 23,359 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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new trading account.
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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 0.53x, relative to Biotechnology industry P/B ratio of 5.96x
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 9600000. It has enough cash and short-term investments to cover this for at least one year.
- ACST has $19.41M in cash and short term investments. This is sufficient to cover its annual cash burn of $9.60M.
- ACST has a low debt to equity ratio of 0.17.
Is it a good time to buy Acasti Pharma stock, according to analysts?
Out of 2 Equities analysts who give ratings on ACST, the consensus analyst rating on Acasti Pharma is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Acasti Pharma stock forecast page.
ACST Technical Indicators
ACST Performance Numbers
Last year, ACST revenue was $0.00. In the past three year, ACST's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 61.66%.
You can research ACST's earnings and revenue performance here.
What are ACST executives and large shareholders up to?
Over the last year, insiders at ACST have not bought or sold any shares.
Research more about who owns ACST stock here.
Does ACST provide a stable income stream?
No, Acasti Pharma doesn't provide an income stream by paying out dividends.
What do other investors have to say about ACST?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your ACST buy order
There are two main 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 sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and eToro will place your order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in ACST
Now that you own some ACST stock, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to keep tabs on your ACST stock.
ACST Feed
How to Buy Stock in Acasti Pharma
To reiterate, here are the 6 steps to buy stock in Acasti Pharma:
- 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 online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Acasti Pharma, create a watchlist on WallStreetZen today.
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