How to Buy Acumen Pharmaceuticals Stock
Acumen Pharmaceuticals Inc
Acumen Pharmaceuticals, Inc. , a clinical-stage biopharmaceutical company, discovers and develops therapies for the treatment of Alzheimer's disease.
Acumen Pharmaceuticals stock last closed at $3.47, down 0.86% from the previous day, and has decreased 4.93% in one year. It has overperformed other stocks in the Biotechnology industry by 0.21 percentage points. Acumen Pharmaceuticals stock is currently +91.71% from its 52-week low of $1.81, and -69.32% from its 52-week high of $11.31.
There are currently 60.08M shares of ABOS outstanding. The market cap of ABOS is $208.48M. In the past 24 hours, 150,942 ABOS shares were traded.
How to Buy Acumen Pharmaceuticals Stock
Wondering how to invest in Acumen Pharmaceuticals stock? Here's how.
- Figure out where to buy Acumen Pharmaceuticals stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Acumen Pharmaceuticals stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your details.
- Evaluate Acumen Pharmaceuticals stock: The Acumen Pharmaceuticals ticker symbol is ABOS. Is Acumen Pharmaceuticals stock a good investment? Should you buy shares of ABOS? How do ABOS's underlying business fundamentals look? Do top analysts think Acumen Pharmaceuticals is a good buy? Why has ABOS's stock price moved recently? (Hint: Our stock analysis website can help you figure out if ABOS is a good stock to buy).
- Place your ABOS trade: Decide if you will purchase ABOS shares at the current market price or use a limit order to purchase ABOS stock at a particular price.
- Get the latest scoop on your ABOS position: Create a watchlist to important updates regarding your new investment in Acumen Pharmaceuticals stock.
Step 1: Figure out where to buy Acumen Pharmaceuticals stock
You will need a brokerage account to access the NASDAQ market and buy ABOS shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to invest in ABOS stock today.
How to Create a New 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.
- Provide your personal data to open your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock app to use, you need to deposit funds:
Check out the walkthrough below to see the process of transferring money into your investment account.
Step 4: Evaluate Acumen Pharmaceuticals stock
After you have identified the best place to buy Acumen Pharmaceuticals stock, it's absolutely critical to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
Acumen Pharmaceuticals shares at a glance
ABOS Zen Score
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on ABOS's stock page.
What is the fair value of ABOS stock?
Investors use many financial metrics, analyses, models, and charts to gauge ABOS's true value.
Using relative valuations metrics:
- ABOS may be undervalued based on its P/B ratio of 0.78x, relative to Biotechnology industry P/B ratio of 5.83x
You can do additional valuation research on ABOS's stock here.
A look at ABOS Cashflows and Balance Sheet
Pros:
- ABOS has cash burn of 43082000. It has sufficient cash and short-term investments to cover this for at least one year.
- ABOS has $243.76M in cash and short term investments. This is sufficient to cover its annual cash burn of $43.08M.
- ABOS has a low debt to equity ratio of 0.16.
- There are more short-term assets than long-term liabilities on the ABOS balance sheet.
- There are more short-term assets than short-term liabilities on the ABOS balance sheet.
Is Acumen Pharmaceuticals stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Wall Street analysts who give recommendations on ABOS, the consensus analyst rating on ABOS is a Strong 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 projecting on the Acumen Pharmaceuticals stock forecast page.
ABOS Technical Indicators
Are ABOS insiders buying or selling the stock?
In the last 12 months, insiders at ABOS have bought more shares than they have sold.
Derek M. Meisner, Chief Legal Officer Corp Sec of ABOS, was the latest ABOS insider to sell. They sold $31,051.11 worth of ABOS stock on Jan 19, 2024.
Learn more about who owns ABOS shares here.
Can I rely on ABOS as an income stream?
No, Acumen Pharmaceuticals doesn't provide an income stream by paying out dividends.
ABOS Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your ABOS trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and your broker will place your order.
If you want additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your ABOS position
Now that you own some shares in ABOS, you'll want to keep up with your new shares.
Add ABOS to a watchlist to keep track of your ABOS stock.
ABOS Feed
How to Buy Stock in Acumen Pharmaceuticals
To reiterate, here are the 6 steps to buy stock in Acumen Pharmaceuticals:
- Figure out where to buy Acumen Pharmaceuticals stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Evaluate Acumen Pharmaceuticals stock
- Place your ABOS trade
- Get the latest scoop on your ABOS position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Acumen Pharmaceuticals, click the button below.
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