How to Buy Biofrontera Stock
Biofrontera Inc
Biofrontera Inc. , a biopharmaceutical company, engages in the commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States.
Biofrontera stock last closed at $0.85, down 2.41% from the previous day, and has decreased 32.54% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.12 percentage points. Biofrontera stock is currently +58.58% from its 52-week low of $0.54, and -61.71% from its 52-week high of $2.22.
At the moment, there are 10.67M BFRI shares outstanding. The market value of BFRI is $9.07M. In the last 24 hours, 58,400 BFRI shares were traded.
How to Buy Biofrontera Stock
Wondering how to invest in Biofrontera stock? Here's how.
- Choose where to buy Biofrontera stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Biofrontera stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your information.
- Analyze Biofrontera stock: The Biofrontera ticker symbol is BFRI. Is Biofrontera stock a good investment? Should you buy shares of BFRI? How do BFRI's underlying business fundamentals look? Do top analysts think Biofrontera is a good buy? Why has BFRI's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if BFRI is a good stock to buy).
- Place your BFRI purchase: Decide if you will purchase BFRI shares at the current market price or use a limit order to purchase BFRI stock at a particular price.
- Get notifications regarding your BFRI position: Create a watchlist to key updates about your investment in Biofrontera shares.
Step 1: Choose where to buy Biofrontera stock
You will need a brokerage account in order to access the NASDAQ market and buy BFRI stock.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you are able to buy BFRI today.
How to Start a New Brokerage 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.
- Enter your personal details to create your new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on investing apps, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details transferring money into your new investment account.
Step 4: Analyze Biofrontera stock
Once you have identified the best place to buy Biofrontera stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.
Biofrontera quick stats
Fundamentals of BFRI
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on BFRI's stock page.
How is BFRI stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge BFRI's true value.
You can access additional valuation research on BFRI's stock here.
Is BFRI a healthy company?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the BFRI balance sheet.
- BFRI has $7.25M in cash and short term investments. This is sufficient to cover its annual cash burn of $9.39M.
Failed Financial Due Diligence Checks:
- BFRI has cash burn of 9392000. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the BFRI balance sheet.
- Total BFRI debt is still negative.
- BFRI profit margin has gone down from -38.3% to -42.3% in the past year.
- BFRI debt to equity ratio of -5.32 is negative.
Is BFRI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who track BFRI, the consensus analyst rating on Biofrontera is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Biofrontera stock forecast page.
BFRI Momentum
BFRI Growth Numbers
Last year, BFRI revenue was $39.19M. During the past 4 year, BFRI's revenue has grown by 14.98% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 10.24%.
You can research BFRI's earnings and revenue performance here.
Are BFRI insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at BFRI have not bought or sold any shares.
Dig into more about who owns BFRI shares here.
Does BFRI provide a stable income stream?
No, Biofrontera doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your BFRI purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and your broker will execute your order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your BFRI position
Now that you own some shares in BFRI, you'll want to stay up-to-date on your new shares.
Add BFRI to a watchlist to get the latest updates about your BFRI stock.
BFRI Feed
How to Buy Stock in Biofrontera
To reiterate, here are the 6 steps to buy stock in Biofrontera:
- Choose where to buy Biofrontera stock
- Create a brokerage account
- Put funds into your investment account
- Analyze Biofrontera stock
- Place your BFRI purchase
- Get notifications regarding your BFRI position
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Biofrontera, click below.
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