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 $0.70, down 4.11% from the previous day, and has decreased 61.96% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.04 percentage points. Biofrontera stock is currently +7.53% from its 52-week low of $0.65, and -68.47% from its 52-week high of $2.22.
At the moment, there are 8.87M BFRI shares outstanding. The market value of BFRI is $6.21M. In the last 24 hours, 65,995 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.
Using relative valuations metrics:
- BFRI could be undervalued based on its P/B ratio of 1.4x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.09x
You can do more valuation research on BFRI's stock here.
A look at BFRI Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- BFRI has $5.91M in cash and short term investments. This is sufficient to cover its annual cash burn of $10.28M.
- There are more short-term assets than short-term liabilities on the BFRI balance sheet.
- There are more short-term assets than long-term liabilities on the BFRI balance sheet.
- Total BFRI debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- BFRI profit margin has gone up by 0.11 percentage points in the past year, but the company is still unprofitable.
- BFRI has a relatively high debt to equity ratio of 3.99.
- BFRI has cash burn of 10280000. It does not have sufficient cash and short-term investments to cover this.
Is it a good time to buy Biofrontera stock, according to analysts?
Out of 1 Equities analysts who monitor BFRI, the consensus analyst rating on Biofrontera is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Biofrontera stock forecast page.
BFRI Momentum
Is BFRI Growing Revenue?
Last year, BFRI revenue was $37.32M. Over the past five year, BFRI's revenue has grown by 7.35% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 7.88%.
You can research BFRI's earnings and revenue performance here.
Are BFRI insiders buying or selling the stock?
In the last year, insiders at BFRI have not bought or sold any shares.
Research more about who owns BFRI shares here.
Can I get consistent income from BFRI stock?
No, Biofrontera doesn't provide an income stream by paying out dividends.
What others are saying about BFRI
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 traders have to say.
Step 5: Place your BFRI purchase
You have 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 generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want more help with buying stocks on eToro, click 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 keep up with your shares.
Start a watchlist to get the latest updates about your BFRI stock.
BFRI Feed
How to Buy Stock in Biofrontera
To summarize, here are the 6 steps you need to take to buy Biofrontera stock right now:
- 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 place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Biofrontera, add BFRI to your watchlist below.
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