How to Buy Aquabounty Technologies Stock
Aquabounty Technologies Inc
AquaBounty Technologies, Inc. , a biotechnology company, focuses on enhancing productivity in the commercial aquaculture industry in the United States and Canada.
Aquabounty Technologies stock last closed at $0.37, up 4.18% from the previous day, and has decreased 77.74% in one year. It has underperformed other stocks in the Farm Products industry by 0.52 percentage points. Aquabounty Technologies stock is currently +5.06% from its 52-week low of $0.36, and -79.22% from its 52-week high of $1.80.
There are currently 71.35M shares of AQB outstanding. The market cap of AQB is $26.68M. In the last 24 hours, 339,032 AQB shares were traded.
How to Buy Aquabounty Technologies Stock
Wondering how to invest in Aquabounty Technologies stock? Here's how.
- Figure out where to buy Aquabounty Technologies stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Aquabounty Technologies stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your payment method and add your info.
- Analyze Aquabounty Technologies stock: The Aquabounty Technologies ticker symbol is AQB. Is Aquabounty Technologies stock a good investment? Should you buy shares of AQB? How do AQB's underlying business fundamentals look? Do top analysts think Aquabounty Technologies is a good buy? Why has AQB's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if AQB is a good stock to buy).
- Place your AQB purchase: Decide if you will purchase AQB shares at the current market price or use a limit order to buy AQB shares at a given price.
- Get notifications regarding your AQB investment: Create a watchlist to keep tabs on your investment in Aquabounty Technologies shares.
Step 1: Figure out where to buy Aquabounty Technologies stock
You need a brokerage account in order to access the NASDAQ market and buy AQB stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you can buy AQB today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Provide your personal data to create a new brokerage account.
- Submit your information by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have created your account on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Check out the tutorial below for more details depositing money into your brokerage account.
Step 4: Analyze Aquabounty Technologies stock
After you have decided on the best place to buy Aquabounty Technologies stock, it's important to evaluate their stock prior to buying, so you actually understand the risk as well as the opportunity.
Aquabounty Technologies stock data
Fundamentals of AQB
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on AQB's stock page.
Is AQB stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge AQB's fair value.
Using relative valuations ratios:
- AQB may be undervalued based on its P/B ratio of 0.14x, relative to Farm Products industry P/B ratio of 1.28x
You can do more valuation research on AQB's stock here.
AQB Financial Health
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the AQB balance sheet.
- There are more short-term assets than long-term liabilities on the AQB balance sheet.
- AQB has a low debt to equity ratio of 0.11.
- Total AQB debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- AQB profit margin has gone up by 2.13 percentage points in the past year, but the company is still unprofitable.
- AQB has $73.78M in cash and short term investments. This is not enough to cover its annual cash burn of $106.47M.
- AQB has cash burn of 106467446. It does not have sufficient cash and short-term investments to cover this.
Is it a good time to buy Aquabounty Technologies stock, according to analysts?
Out of 1 sell side analysts who give ratings on AQB, the consensus analyst rating on AQB is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest AQB Analyst Recommendations
Kevin Dede, a top 28% analyst from HC Wainwright & Co. maintains AQB with a buy rating and lowers their AQB price target from $2.00 to $1.00, on Jun 5, 2023.
You can dig deeper into what analysts are forecasting on the Aquabounty Technologies stock forecast page.
AQB Technical Indicators
AQB Growth Numbers
Last year, AQB revenue was $2.57M. During the last 5 year, AQB's revenue has gone up by 104.24% per year. This was faster than the Farm Products industry average of 12.84%.
Dig into AQB's earnings and revenue performance here.
Are AQB executives and large shareholders buying or selling the stock?
In the past year, insiders at AQB have bought more shares than they have sold.
Gail Sharps Myers, Director of AQB, was the latest AQB insider to buy. They bought $8,900.00 worth of AQB stock on Dec 23, 2022.
Get more info about who owns AQB stock here.
Can I get consistent income from AQB stock?
No, Aquabounty Technologies doesn't provide an income stream by paying out dividends.
What do other investors have to say about AQB?
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Step 5: Place your AQB purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - 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 price limit, use a limit order.
Hit the Open button and your broker will place your order.
If you require additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your AQB investment
Now that you own some AQB stock, you'll want to stay up-to-date on your new shares.
Add AQB to a watchlist to track the latest developments regarding your AQB stock.
AQB Feed
How to Buy Stock in Aquabounty Technologies
To reiterate, here are the 6 steps for buying Aquabounty Technologies stock:
- Figure out where to buy Aquabounty Technologies stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Aquabounty Technologies stock
- Place your AQB purchase
- Get notifications regarding your AQB investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Aquabounty Technologies, click below.
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