How to Buy Connect Biopharma Holdings Stock
Connect Biopharma Holdings Ltd
Connect Biopharma Holdings Limited, a clinical-stage biopharmaceutical company, focuses on the discovery and development of immune modulators for the treatment of serious autoimmune diseases and inflammation.
Connect Biopharma Holdings stock last closed at $1.60, up 2.56% from the previous day, and has increased 35.59% in one year. It has overperformed other stocks in the Biotechnology industry by 0.85 percentage points. Connect Biopharma Holdings stock is currently +213.73% from its 52-week low of $0.51, and -44.06% from its 52-week high of $2.86.
At the moment, there are 55.72M CNTB shares outstanding. The market capitalization of CNTB is $89.15M. In the last 24 hours, 115,000 CNTB shares were traded.
How to Buy Connect Biopharma Holdings Stock
Not sure how to invest in Connect Biopharma Holdings stock? Here's how.
- Figure out where to buy Connect Biopharma Holdings stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Connect Biopharma Holdings stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your details.
- Research Connect Biopharma Holdings stock: The Connect Biopharma Holdings ticker symbol is CNTB. Is Connect Biopharma Holdings stock a good investment? Should you buy shares of CNTB? How do CNTB's underlying business fundamentals look? Do top analysts think Connect Biopharma Holdings is a good buy? Why has CNTB's stock price moved recently? (Hint: Our stock research tools can help you figure out if CNTB is a good stock to buy).
- Place your CNTB purchase: Decide if you will purchase CNTB shares at the current market price or use a limit order to purchase CNTB shares at a given price.
- Monitor your CNTB position: Create a watchlist to keep tabs on your new investment in Connect Biopharma Holdings stock.
Step 1: Figure out where to buy Connect Biopharma Holdings stock
You need a brokerage account to access the NASDAQ market and buy CNTB stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to invest in CNTB today.
How to Set Up 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.
- Input your personal details to open a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on stock market apps, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your new brokerage account.
Step 4: Research Connect Biopharma Holdings stock
After you have figured out the best place to buy Connect Biopharma Holdings stock, it's critical to analyze their stock before you buy, so you truly comprehend the risk as well as the upside.
Connect Biopharma Holdings shares at a glance
CNTB Due Diligence Checks
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on CNTB's stock page.
Is CNTB stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge CNTB's true value.
Using relative valuations metrics:
- CNTB could be undervalued based on its P/B ratio of 1.25x, relative to Biotechnology industry P/B ratio of 4.65x
You can do more valuation research on CNTB's stock here.
CNTB Financial Summary
Signs that CNTB is financially healthy:
- CNTB has cash burn of 36536000. It has sufficient cash and short-term investments to cover this for at least one year.
- CNTB has a low debt to equity ratio of 0.16.
- CNTB has $71.77M in cash and short term investments. This is sufficient to cover its annual cash burn of $36.54M.
- There are more short-term assets than long-term liabilities on the CNTB balance sheet.
- There are more short-term assets than short-term liabilities on the CNTB balance sheet.
Signs that CNTB is not financially healthy:
- CNTB profit margin has gone down from -105.6% to -2,363.8% in the past year.
Do analysts think it's a good time to buy Connect Biopharma Holdings stock
Out of 2 Equities analysts who track CNTB, the consensus analyst rating on Connect Biopharma Holdings is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Connect Biopharma Holdings stock forecast page.
Metrics for Advanced CNTB Traders
CNTB Performance Metrics
Last year, CNTB revenue was $1.97M. During the last one years, CNTB's revenue has increased by -91.85% per year. This was slower than the Biotechnology industry average of 67.8%.
Find out more about CNTB's earnings and revenue performance here.
Latest Insiders Trades at CNTB
Over the last year, insiders at CNTB have not bought or sold any shares.
Research more about who owns CNTB shares here.
Does CNTB stock generate passive income?
No, Connect Biopharma Holdings doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your CNTB purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open button and eToro will execute your order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your CNTB position
Now that you own some shares in CNTB, you'll want to keep up with your new company.
Add CNTB to a watchlist to track the most important metrics related to your CNTB stock.
CNTB Feed
How to Buy Stock in Connect Biopharma Holdings
To summarize, here are the 6 steps for buying Connect Biopharma Holdings stock:
- Figure out where to buy Connect Biopharma Holdings stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Connect Biopharma Holdings stock
- Place your CNTB purchase
- Monitor your CNTB position
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Connect Biopharma Holdings, click below.
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