How to Buy Edesa Biotech Stock
Edesa Biotech Inc
Edesa Biotech, Inc. , a biopharmaceutical company, engages in acquiring, developing, and commercializing clinical-stage drugs for inflammatory and immune-related diseases with clear unmet medical needs.
Edesa Biotech stock last closed at $2.16, down 5.26% from the previous day, and has decreased 52.53% in one year. It has overperformed other stocks in the Biotechnology industry by 0.25 percentage points. Edesa Biotech stock is currently +39.35% from its 52-week low of $1.55, and -61.36% from its 52-week high of $5.59.
There are currently 6.94M EDSA shares outstanding. The market cap of EDSA is $14.98M. In the last 24 hours, 39,758 EDSA shares were traded.
How to Buy Edesa Biotech Stock
Not sure how to invest in Edesa Biotech stock? Here's how.
- Choose where to buy Edesa Biotech stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Edesa Biotech stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your information.
- Research Edesa Biotech stock: The Edesa Biotech ticker symbol is EDSA. Is Edesa Biotech stock a good investment? Should you buy shares of EDSA? How do EDSA's underlying business fundamentals look? Do top analysts think Edesa Biotech is a good buy? Why has EDSA's stock price moved recently? (Hint: Our stock research website can help you decide if EDSA is a good stock to buy).
- Execute your EDSA trade: Decide if you will purchase EDSA shares at the current market price or use a limit order to buy EDSA stock at a specific price.
- Get the latest scoop on your EDSA position: Create a watchlist to monitor your position in Edesa Biotech shares.
Step 1: Choose where to buy Edesa Biotech stock
You need an online brokerage account to access the NASDAQ market and buy EDSA stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Utilities, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for 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 your brokerage, it's time to fill out some personal details so you are able to invest in EDSA stock today.
How to Open 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.
- Input your personal details to start your new trading account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on the best free stock trading app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Research Edesa Biotech stock
Once you have chosen the best place to buy Edesa Biotech stock, it's important to evaluate their stock prior to investing, so you can comprehend the risk and opportunity.
Overview of key EDSA info
Fundamentals of EDSA
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on EDSA's stock page.
How is EDSA stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EDSA's true value.
Using relative valuations ratios:
- EDSA could be overvalued based on its P/B ratio of 6.62x, relative to Biotechnology industry P/B ratio of 4.15x
You can access additional valuation research on EDSA's stock here.
EDSA Financial Health Summary
Signs that EDSA is financially healthy:
- There are more short-term assets than long-term liabilities on the EDSA balance sheet.
- EDSA has $1.56M in cash and short term investments. This is sufficient to cover its annual cash burn of $5.00M.
- There are more short-term assets than short-term liabilities on the EDSA balance sheet.
Signs that EDSA is not financially healthy:
- EDSA has a relatively high debt to equity ratio of 0.84.
- EDSA has cash burn of 5000880. It does not have enough cash and short-term investments to cover this.
- Total EDSA debt is higher than 5 years ago, relative to shareholder equity.
Is EDSA stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who track EDSA, the consensus analyst rating on Edesa Biotech is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Edesa Biotech stock forecast page.
EDSA Trading Indicators
Is EDSA Making Money?
Last year, EDSA revenue was $0.00. In the last five year, EDSA's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 41.79%.
Dig into EDSA's earnings and revenue performance here.
Latest Insiders Trades at EDSA
Over the last year, executives and large shareholders at EDSA have bought more shares than they have sold.
Patrick Marshall, Director of EDSA, was the latest EDSA insider to buy. They bought $79,998.72 worth of EDSA stock on Feb 12, 2025.
Dig into more about who owns EDSA stock here.
Can I get consistent income from EDSA stock?
No, Edesa Biotech doesn't provide an income stream by paying out dividends.
What others are saying about EDSA
One of the primary 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: Execute your EDSA trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional help with buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your EDSA position
Now that you own some EDSA shares, you'll want to stay up-to-date on your new shares.
Make a watchlist to track your EDSA stock.
EDSA Feed
How to Buy Stock in Edesa Biotech
To reiterate, here are the 6 steps you need to take to buy Edesa Biotech stock right now:
- Choose where to buy Edesa Biotech stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Edesa Biotech stock
- Execute your EDSA trade
- Get the latest scoop on your EDSA position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Edesa Biotech, create a watchlist today.
Other Stock Buying Guides You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation 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.