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How to Buy Chromocell Therapeutics Stock

Chromocell Therapeutics Corp

Chromocell Therapeutics is a biotech company located in New Jersey, United States, which is part of the Healthcare sector, and is traded under the ticker CHRO on the NYSEMKT exchange.

Chromocell Therapeutics stock last closed at $1.55, up 9.15% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Biotechnology industry by N/A percentage points. Chromocell Therapeutics stock is currently +28.1% from its 52-week low of $1.21, and -74.17% from its 52-week high of $6.00.

There are currently 5.77M CHRO shares outstanding. The market capitalization of CHRO is $8.94M. In the last 24 hours, 110,896 CHRO shares were traded.

How to Buy Chromocell Therapeutics Stock

Not sure how to invest in Chromocell Therapeutics stock? Here's how.
  1. Figure out where to buy Chromocell Therapeutics stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Chromocell Therapeutics stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your payment method and add your details.
  4. Analyze Chromocell Therapeutics stock: The Chromocell Therapeutics ticker symbol is CHRO. Is Chromocell Therapeutics stock a good investment? Should you buy shares of CHRO? How do CHRO's underlying business fundamentals look? Do top analysts think Chromocell Therapeutics is a good buy? Why has CHRO's stock price moved recently? (Hint: Our stock research website can help you understand if CHRO is a good stock to buy).
  5. Execute your CHRO buy order: Decide if you will purchase CHRO shares at the current market price or use a limit order to purchase CHRO shares at a particular price.
  6. Get the latest scoop on your CHRO position: Create a watchlist to key updates about your investment in Chromocell Therapeutics shares.

Step 1: Figure out where to buy Chromocell Therapeutics stock

You will need an online brokerage account to access the NYSEMKT market and buy CHRO stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal information so you can buy CHRO today.

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Step 3: Put funds into your investment account

Now that you've finished signing up on the highest rated stock app, you need to deposit funds:

Watch the tutorial below for more details depositing funds into your new investment account.

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Step 4: Analyze Chromocell Therapeutics stock

Once you have figured out the best place to buy Chromocell Therapeutics stock, it's very important to evaluate their stock before you invest, so you actually comprehend the risk as well as the upside.

Chromocell Therapeutics stock at a glance

CHRO Price
$1.55
1w %
14.81%
1y %
N/A
5y %
N/A
P/E
-0.22x
P/B
7.91x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$8.98M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$8.94M
Next Earnings
N/A
Next Dividend
N/A

Chromocell Therapeutics Overview

WallStreetZen was built to help everyday investors do more accurate fundamental analysis.

You can see all of the due diligence checks on CHRO's stock page.

Is CHRO stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CHRO's fair value.

Using relative valuations metrics:

  • CHRO may be overvalued based on its P/B ratio of 7.91x, relative to Biotechnology industry P/B ratio of 6.13x

You can access more valuation research on CHRO's stock here.

CHRO Financial Health Overview

Pros:

  • There are more short-term assets than short-term liabilities on the CHRO balance sheet.
  • CHRO has cash burn of 2799555. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the CHRO balance sheet.
  • CHRO has $3.77M in cash and short term investments. This is sufficient to cover its annual cash burn of $2.80M.

Cons:

  • CHRO has a relatively high debt to equity ratio of 2.57.

CHRO Momentum

SMA10
1.37
SMA20
1.4
SMA50
1.63
SMA100
N/A
SMA200
N/A
MACD
-0.11
MACD Signal
-0.14
MACD Histogram
0.03
RSI
51.21
Stochastic %K
38.12
Stochastic %D
25.08
StochRSI %K
66.72
StochRSI %D
44.62

Who is buying/selling CHRO?

In the past year, executives and large shareholders at CHRO have bought more shares than they have sold.

Todd C. Davis, Director of CHRO, was the latest CHRO insider to buy. They bought $140,001.60 worth of CHRO stock on Feb 21, 2024.

Get more info about who owns CHRO stock here.

Does CHRO stock generate passive income?

No, Chromocell Therapeutics doesn't provide an income stream by paying out dividends.

CHRO Social Trading Data

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Step 5: Execute your CHRO buy order

You have 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 mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, place a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Get the latest scoop on your CHRO position

Now that you own some shares in CHRO, you'll want to stay up-to-date on your investment.

Start a watchlist to track the latest developments regarding your CHRO stock.

CHRO Feed

How to Buy Stock in Chromocell Therapeutics

To reiterate, here are the 6 steps you need to take to buy Chromocell Therapeutics stock right now:

  1. Figure out where to buy Chromocell Therapeutics stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Analyze Chromocell Therapeutics stock
  5. Execute your CHRO buy order
  6. Get the latest scoop on your CHRO position

If you are looking for a brokerage, eToro is our recommended option.

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If you want to get the latest scoop on your new investment in Chromocell Therapeutics, add CHRO to your watchlist below.

NYSEMKT: CHRO
$1.55+0.13 (+9.15%)
Updated Jun 20, 2024
Open eToro Account
NYSEMKT: CHRO
$1.55+0.13 (+9.15%)
Updated Jun 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Chromocell Therapeutics share?

As of Jun 20, 2024, it costs $1.55 to buy one share of Chromocell Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.78, you can buy 0.5 shares of CHRO.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Chromocell Therapeutics stock?

One way to place an order for Chromocell Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.