How to Buy Alzamend Neuro Stock
Alzamend Neuro Inc
Alzamend Neuro, Inc. , an early clinical-stage biopharmaceutical company, focuses on developing various products for the treatment of neurodegenerative and psychiatric disorders.
Alzamend Neuro stock last closed at $0.64, up 8.31% from the previous day, and has decreased 29.93% in one year. It has underperformed other stocks in the Biotechnology industry by 0.32 percentage points. Alzamend Neuro stock is currently +106.13% from its 52-week low of $0.31, and -57.4% from its 52-week high of $1.50.
As of May 26, 2023, there are 96.44M shares of ALZN outstanding. The market value of ALZN is $61.63M. In the last 24 hours, 297,884 ALZN shares were traded.
How to Buy Alzamend Neuro Stock
Not sure how to invest in Alzamend Neuro stock? Here's how.
- Choose where to buy Alzamend Neuro stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Alzamend Neuro stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Evaluate Alzamend Neuro stock: The Alzamend Neuro ticker symbol is ALZN. Is Alzamend Neuro stock a good investment? Should you buy shares of ALZN? How do ALZN's underlying business fundamentals look? Do top analysts think Alzamend Neuro is a good buy? Why has ALZN's stock price moved recently? (Hint: Our stock analysis website can help you understand if ALZN is a good stock to buy).
- Place your ALZN trade: Decide if you will purchase ALZN shares at the current market price or use a limit order to purchase ALZN shares at a given price.
- Monitor your ALZN position: Create a watchlist to get the latest news on your new investment in Alzamend Neuro shares.
Step 1: Choose where to buy Alzamend Neuro stock
You will need a brokerage account in order to access the NASDAQ market and buy ALZN stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you can buy ALZN stock today.
How to Create a New Account on eToro
- Click here to get started.
- Provide your personal data to start a new trading account.
- Submit your data by hitting the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the highest rated app to buy and sell stocks, you need to deposit funds:
Watch the walkthrough below for more details transferring funds into your new investment account.
Step 4: Evaluate Alzamend Neuro stock
After you have selected the best place to buy Alzamend Neuro stock, it's crucial to research their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Alzamend Neuro shares at a glance
Alzamend Neuro Zen Score
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on ALZN's stock page.
How is ALZN stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge ALZN's true value.
Using relative valuations metrics:
- ALZN could be overvalued based on its P/B ratio of 10.52x, relative to Biotechnology industry P/B ratio of 5.18x
You can access additional valuation analysis on ALZN's stock here.
How do ALZN Financials look?
Signs that ALZN is financially healthy:
- There are more short-term assets than short-term liabilities on the ALZN balance sheet.
- There are more short-term assets than long-term liabilities on the ALZN balance sheet.
Signs that ALZN is not financially healthy:
- ALZN has cash burn of 8356781. It does not have enough cash and short-term investments to cover this.
- ALZN has a relatively high debt to equity ratio of 0.45.
- ALZN has $7.38M in cash and short term investments. This is not enough to cover its annual cash burn of $8.36M.
Is ALZN stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who research ALZN, the consensus analyst rating on ALZN is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent ALZN Analyst Forecasts
Michael Okunewitch, a bottom 14% analyst from Maxim Group initiates coverage on ALZN with a strong buy rating and announces their ALZN price target of $1.50, on Apr 12, 2023.
You can dig deeper into what analysts are saying on the Alzamend Neuro stock forecast page.
ALZN Momentum
Latest Insiders Trades at ALZN
Over the past 12 months, executives and large shareholders at ALZN have bought more shares than they have sold.
Stephan Jackman, Chief Executive Officer of ALZN, was the latest ALZN insider to buy. They bought $19,980.00 worth of ALZN shares on Apr 28, 2023.
Get more info about who owns ALZN stock here.
Can I get consistent income from ALZN stock?
No, Alzamend Neuro doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your ALZN trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Press the Open button and your broker will place your order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your ALZN position
Now that you own some ALZN shares, you'll want to keep up with your shares.
Add ALZN to a watchlist to get alerted to the latest events about your ALZN stock.
ALZN Feed
How to Buy Stock in Alzamend Neuro
To summarize, here are the 6 steps you need to take to buy Alzamend Neuro stock right now:
- Choose where to buy Alzamend Neuro stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Alzamend Neuro stock
- Place your ALZN trade
- Monitor your ALZN position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in Alzamend Neuro, create a watchlist today.
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