How to Buy Assertio Holdings Stock
Assertio Holdings Inc
Assertio Holdings, Inc. , a specialty pharmaceutical company, provides medicines in the areas of neurology, hospital, and pain and inflammation.
Assertio Holdings stock last closed at $0.75, down 3.33% from the previous day, and has decreased 87.58% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.76 percentage points. Assertio Holdings stock is currently +0.27% from its 52-week low of $0.75, and -90.59% from its 52-week high of $8.01.
As of Apr 18, 2024, there are 95M ASRT shares outstanding. The market capitalization of ASRT is $71.63M. In the last 24 hours, 708,601 ASRT shares were traded.
How to Buy Assertio Holdings Stock
Wondering how to invest in Assertio Holdings stock? Here's how.
- Figure out where to buy Assertio Holdings stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Assertio Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- Evaluate Assertio Holdings stock: The Assertio Holdings ticker symbol is ASRT. Is Assertio Holdings stock a good investment? Should you buy shares of ASRT? How do ASRT's underlying business fundamentals look? Do top analysts think Assertio Holdings is a good buy? Why has ASRT's stock price moved recently? (Hint: Our stock market research website can help you decide if ASRT is a good stock to buy).
- Place your ASRT trade: Decide if you will purchase ASRT shares at the current market price or use a limit order to purchase ASRT stock at a particular price.
- Track your ASRT position: Create a watchlist to track your new investment in Assertio Holdings stock.
Step 1: Figure out where to buy Assertio Holdings stock
You will need a brokerage account to access the NASDAQ market and buy ASRT shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to invest in ASRT today.
How to Create a New Investment 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 start your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best stock market app for beginners, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help depositing money into your brokerage account.
Step 4: Evaluate Assertio Holdings stock
Once you have decided on the best place to buy Assertio Holdings stock, it's very important to research their stock before you buy, so you actually understand the risk as well as the opportunity.
Assertio Holdings quick stats
Fundamentals of Assertio Holdings
WallStreetZen was built to help everyday investors do better fundamental analysis.
You can view all of the due diligence checks on ASRT's stock page.
Is ASRT stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge ASRT's fair value.
Using relative valuations metrics:
- ASRT could be undervalued based on its P/B ratio of 0.52x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.04x
You can access additional valuation research on ASRT's stock here.
Is ASRT a healthy company?
Passed Financial Due Diligence Checks:
- Total ASRT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ASRT balance sheet.
- ASRT's operating cash flow of $49.60M allows it to safely service it's debt of $38.51M.
- There are more short-term assets than short-term liabilities on the ASRT balance sheet.
Failed Financial Due Diligence Checks:
- ASRT profit margin has gone down from 70.2% to -218.3% in the past year.
- ASRT earnings of -$250.67M is not enough to cover its interest payments.
- ASRT has a relatively high debt to equity ratio of 1.08.
Do analysts think it's a good time to buy ASRT stock
Out of 2 Wall Street analysts who monitor ASRT, the consensus analyst rating on ASRT is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Assertio Holdings stock forecast page.
ASRT Technicals
ASRT Growth Metrics
Last year, ASRT revenue was $152.07M. During the last 5 year, ASRT's revenue has increased by -13.38% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 30.7%.
You can analyze ASRT's earnings and revenue performance here.
Latest Insiders Trades at ASRT
In the last 12 months, executives and large shareholders at ASRT have sold more shares than they have bought.
James L. Tyree, Director of ASRT, was the latest ASRT insider to sell. They sold $11,460.62 worth of ASRT shares on Mar 14, 2024.
Get more info about who owns ASRT stock here.
Does ASRT provide a stable income stream?
No, Assertio Holdings doesn't provide an income stream by paying out dividends.
ASRT Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your ASRT trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and eToro will place your order.
If you need more info about buying stocks on eToro, click the how to video below:
Step 6: Track your ASRT position
Now that you own some ASRT stock, you'll want to keep up with your new shares.
Start a watchlist to get notified of important updates regarding your ASRT stock.
ASRT Feed
How to Buy Stock in Assertio Holdings
To reiterate, here are the 6 steps to buy stock in Assertio Holdings:
- Figure out where to buy Assertio Holdings stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Assertio Holdings stock
- Place your ASRT trade
- Track your ASRT position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Assertio Holdings, get started below.
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