How to Buy Akebia Therapeutics Stock
Akebia Therapeutics Inc
Akebia Therapeutics, Inc. , a biopharmaceutical company, focuses on the development and commercialization of therapeutics for patients with kidney diseases.
Akebia Therapeutics stock last closed at $1.10, up 0.92% from the previous day, and has increased 206.41% in one year. It has overperformed other stocks in the Biotechnology industry by 2.19 percentage points. Akebia Therapeutics stock is currently +356.43% from its 52-week low of $0.24, and -32.52% from its 52-week high of $1.63.
As of Jun 2, 2023, there are 185.93M shares of AKBA outstanding. The market capitalization of AKBA is $204.52M. In the last 24 hours, 1.75M AKBA shares were traded.
How to Buy Akebia Therapeutics Stock
Not sure how to invest in Akebia Therapeutics stock? Here's how.
- Decide where to buy Akebia 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 figure out where to buy Akebia Therapeutics stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Evaluate Akebia Therapeutics stock: The Akebia Therapeutics ticker symbol is AKBA. Is Akebia Therapeutics stock a good investment? Should you buy shares of AKBA? How do AKBA's underlying business fundamentals look? Do top analysts think Akebia Therapeutics is a good buy? Why has AKBA's stock price moved recently? (Hint: Our stock market research website can help you evaluate if AKBA is a good stock to buy).
- Make your AKBA buy order: Decide if you will purchase AKBA shares at the current market price or use a limit order to purchase AKBA shares at a particular price.
- Keep tabs on your AKBA position: Create a watchlist to keep tabs on your investment in Akebia Therapeutics shares.
Step 1: Decide where to buy Akebia Therapeutics stock
You will need an online brokerage account in order to access the NASDAQ market and buy AKBA stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to buy AKBA stock today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Enter your personal info to start your new brokerage account.
- Send your information by pressing the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you've opened your account on the best beginner stock app, you need to deposit funds:
Watch the video below if you need help transferring funds into your new investment account.
Step 4: Evaluate Akebia Therapeutics stock
Once you have chosen the best place to buy Akebia Therapeutics stock, it's critical to research their stock before you buy, so you truly comprehend the risk and opportunity.
Overview of key AKBA info
AKBA Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on AKBA's stock page.
Is AKBA stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AKBA's true value.
You can do additional valuation analysis on AKBA's stock here.
AKBA Financial Health Overview
Pros:
- AKBA has $56.95M in cash and short term investments. This is sufficient to cover its annual cash burn of $69.07M.
- AKBA profit margin has gone up from -123.6% to -20.8% in the past year.
- There are more short-term assets than short-term liabilities on the AKBA balance sheet.
Cons:
- There are more long-term liabilities than short-term assets on the AKBA balance sheet.
- AKBA debt to equity ratio of -20.29 is negative.
- AKBA has cash burn of 69072000. It does not have sufficient cash and short-term investments to cover this.
- Total AKBA debt is still negative.
Is AKBA stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give ratings on AKBA, the consensus analyst rating on AKBA is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent AKBA Analyst Recommendations
Ed Arce, a top 9% analyst from HC Wainwright & Co. reiterates AKBA with a hold rating and maintains their AKBA price target from $2.00 to $2.00, on Jun 2, 2023.
Christopher Raymond, a top 24% analyst from Piper Sandler upgrades AKBA to a strong buy rating and raises their AKBA price target from $2.00 to $4.00, on May 31, 2023.
You can dig deeper into what analysts are forecasting on the Akebia Therapeutics stock forecast page.
AKBA Technicals
AKBA Performance Numbers
Last year, AKBA revenue was $271.03M. In the past five year, AKBA's revenue has gone up by 5.61% per year. This was slower than the Biotechnology industry average of 90.44%.
Dive into AKBA's earnings and revenue performance here.
Latest Insiders Trades at AKBA
In the past year, executives and large shareholders at AKBA have sold more shares than they have bought.
Michel Dahan, SVP Chief Operating Officer of AKBA, was the latest AKBA insider to sell. They sold $116,769.59 worth of AKBA shares on May 25, 2023.
Learn more about who owns AKBA stock here.
Does AKBA provide a stable income stream?
No, Akebia Therapeutics doesn't provide an income stream by paying out dividends.
AKBA Social Trading Data
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Step 5: Make your AKBA buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your AKBA position
Now that you own some AKBA stock, you'll want to keep up with your shares.
Make a watchlist to get the latest updates about your AKBA stock.
AKBA Feed
How to Buy Stock in Akebia Therapeutics
To summarize, here are the 6 steps for buying Akebia Therapeutics stock:
- Decide where to buy Akebia Therapeutics stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Akebia Therapeutics stock
- Make your AKBA buy order
- Keep tabs on your AKBA position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your investment in Akebia Therapeutics, create your watchlist below.
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