How to Buy Compass Pathways Stock
Compass Pathways PLC
COMPASS Pathways plc operates as a mental health care company primarily in the United Kingdom and the United States.
Compass Pathways stock last closed at $7.94, up 1.02% from the previous day, and has decreased 2.82% in one year. It has underperformed other stocks in the Medical Care Facilities industry by 0.06 percentage points. Compass Pathways stock is currently +58.48% from its 52-week low of $5.01, and -37.73% from its 52-week high of $12.75.
There are currently 64.23M CMPS shares outstanding. The market capitalization of CMPS is $509.97M. In the last 24 hours, 258,310 CMPS shares were traded.
How to Buy Compass Pathways Stock
Not sure how to invest in Compass Pathways stock? Here's how.
- Figure out where to buy Compass Pathways stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Compass Pathways stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your information.
- Research Compass Pathways stock: The Compass Pathways ticker symbol is CMPS. Is Compass Pathways stock a good investment? Should you buy shares of CMPS? How do CMPS's underlying business fundamentals look? Do top analysts think Compass Pathways is a good buy? Why has CMPS's stock price moved recently? (Hint: Our stock market research website can help you decide if CMPS is a good stock to buy).
- Execute your CMPS purchase: Decide if you will purchase CMPS shares at the current market price or use a limit order to purchase CMPS shares at a given price.
- Get updates on your investment in CMPS: Create a watchlist to important updates regarding your investment in Compass Pathways shares.
Step 1: Figure out where to buy Compass Pathways stock
You will need a brokerage account in order to access the NASDAQ market and buy CMPS stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you can invest in CMPS stock 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.
- Provide your personal data to create a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the best app for stock investing, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your brokerage account.
Step 4: Research Compass Pathways stock
Once you have chosen the best place to buy Compass Pathways stock, it's crucial to research their stock prior to buying, so you actually comprehend the risk and opportunity.
Compass Pathways quick stats
CMPS Overview
WallStreetZen was created to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on CMPS's stock page.
How is CMPS stock valued?
You can use many financial metrics, analyses, models, and charts to gauge CMPS's true value.
Using relative valuations methods:
- CMPS could be undervalued based on its P/B ratio of 2.26x, relative to Medical Care Facilities industry P/B ratio of 4.49x
You can do more valuation research on CMPS's stock here.
Is CMPS a healthy company?
Passed Health Checks:
- Total CMPS debt is lower than 5 years ago, relative to shareholder equity.
- CMPS has $220.64M in cash and short term investments. This is enough to cover its annual cash burn of $97.44M.
- There are more short-term assets than long-term liabilities on the CMPS balance sheet.
- CMPS has a low debt to equity ratio of 0.22.
- There are more short-term assets than short-term liabilities on the CMPS balance sheet.
- CMPS has cash burn of 97440000. It has sufficient cash and short-term investments to cover this for at least one year.
Is it a good time to buy CMPS stock, according to analysts?
Out of 3 Wall Street analysts who track CMPS, the consensus analyst rating on Compass Pathways is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Compass Pathways stock forecast page.
CMPS Trading Indicators
Who is buying/selling CMPS?
In the last year, insiders at CMPS have sold more shares than they have bought.
George Jay Goldsmith, 10% Owner of CMPS, was the latest CMPS insider to sell. They sold $95,306.40 worth of CMPS stock on Apr 17, 2024.
Get more info about who owns CMPS stock here.
Can I rely on CMPS as an income stream?
No, Compass Pathways doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your CMPS purchase
There are 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 generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Press the Open button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in CMPS
Now that you own some shares in CMPS, you'll want to stay up-to-date on your new investment.
Put CMPS on a watchlist to track the latest developments regarding your CMPS stock.
CMPS Feed
How to Buy Stock in Compass Pathways
To summarize, here are the 6 steps to buy Compass Pathways stock:
- Figure out where to buy Compass Pathways stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Compass Pathways stock
- Execute your CMPS purchase
- Get updates on your investment in CMPS
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Compass Pathways, click the button below.
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