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How to Buy Equillium Stock

Equillium Inc

Equillium, Inc. , a clinical-stage biotechnology company, develops and sells products to treat severe autoimmune and inflammatory, or immuno-inflammatory disorders with unmet medical need.

Equillium stock last closed at $1.73, down 3.35% from the previous day, and has increased 147.14% in one year. It has overperformed other stocks in the Biotechnology industry by 1.74 percentage points. Equillium stock is currently +284.44% from its 52-week low of $0.45, and -46.77% from its 52-week high of $3.25.

At the moment, there are 35.25M EQ shares outstanding. The market cap of EQ is $60.99M. In the last 24 hours, 73,524 EQ shares were traded.

How to Buy Equillium Stock

Not sure how to invest in Equillium stock? Here's how.
  1. Decide where to buy Equillium stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Equillium stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your method of payment and add your information.
  4. Evaluate Equillium stock: The Equillium ticker symbol is EQ. Is Equillium stock a good investment? Should you buy shares of EQ? How do EQ's underlying business fundamentals look? Do top analysts think Equillium is a good buy? Why has EQ's stock price moved recently? (Hint: Our stock market research website can help you understand if EQ is a good stock to buy).
  5. Place your EQ purchase: Decide if you will purchase EQ shares at the current market price or use a limit order to purchase EQ stock at a particular price.
  6. Watch your investment in EQ: Create a watchlist to track your position in Equillium shares.

Step 1: Decide where to buy Equillium stock

You need an online brokerage account to access the NASDAQ market and buy EQ shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to invest in EQ stock today.

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  2. Provide your personal info to open your new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have created your account on the best beginner stock app, your next step is to transfer the money for your investment:

Check out this video walkthrough for more details transferring funds into your investment account.

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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.

Step 4: Evaluate Equillium stock

Once you have identified the best place to buy Equillium stock, it's very important to analyze their stock before you invest, so you can understand the risk and opportunity.

Equillium Numbers

EQ Price
$1.73
1w %
-11.28%
1y %
147.14%
5y %
-67.66%
P/E
-4.55x
P/B
2.7x
P/S
1.67x
PEG
N/A
Revenue
$36.08M
Earnings
-$13.34M
Fore. Rev. Growth
-1.66%
Fore. Earn. Growth
N/A
Market Cap
$60.99M
Next Earnings
May 9, 2024
Next Dividend
N/A

EQ Zen Score

WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.

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

Is EQ stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge EQ's fair value.

Using relative valuations ratios:

  • EQ may be undervalued based on its P/B ratio of 2.7x, relative to Biotechnology industry P/B ratio of 5.76x

You can access additional valuation analysis on EQ's stock here.

EQ Financial Health Overview

Signs that EQ is financially healthy:

  • EQ has $40.87M in cash and short term investments. This is enough to cover its annual cash burn of $21.83M.
  • There are more short-term assets than short-term liabilities on the EQ balance sheet.
  • EQ has cash burn of 21833000. It has enough 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 EQ balance sheet.

Signs that EQ is not financially healthy:

  • Total EQ debt is higher than 5 years ago, relative to shareholder equity.
  • EQ profit margin has gone up by 3.59 percentage points in the past year, but the company is still unprofitable.
  • EQ has a relatively high debt to equity ratio of 1.24.

Is Equillium stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Equities analysts who research EQ, the consensus analyst rating on EQ is a 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 saying on the Equillium stock forecast page.

EQ Technical Indicators

SMA10
1.83
SMA20
2.05
SMA50
2.26
SMA100
1.5
SMA200
1.11
MACD
-0.16
MACD Signal
-0.1
MACD Histogram
-0.05
RSI
35.35
Stochastic %K
9.65
Stochastic %D
14.57
StochRSI %K
3.89
StochRSI %D
9.3

Is EQ Growing Revenue?

Last year, EQ revenue was $36.08M. Over the past 1 years, EQ's revenue has grown by 128.97% per year. This was faster than the Biotechnology industry average of 28.98%.

You can research EQ's earnings and revenue performance here.

Are EQ executives and large shareholders buying or selling the stock?

Over the last 12 months, executives and large shareholders at EQ have bought more shares than they have sold.

Jason A. Keyes, Chief Financial Officer of EQ, was the latest EQ insider to buy. They bought $5,106.90 worth of EQ shares on Dec 8, 2023.

Research more about who owns EQ shares here.

Can I get consistent income from EQ stock?

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

What do other investors have to say about EQ?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your EQ purchase

There are 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 usually fine for most investors.
  • 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 given price limit, use a limit order.

Hit the Open button and eToro will place your order.

If you require additional info about investing in stocks on eToro, watch the how to video below:

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Step 6: Watch your investment in EQ

Now that you own some EQ shares, you'll want to keep up with your new stock purchase.

Add EQ to a watchlist to track your EQ stock.

EQ Feed

How to Buy Stock in Equillium

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

  1. Decide where to buy Equillium stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Equillium stock
  5. Place your EQ purchase
  6. Watch your investment in EQ

If you need a place to buy stocks, eToro is our recommended option.

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

If you want to get updates on your investment in Equillium, get started below.

NASDAQ: EQ
$1.73-0.06 (-3.35%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: EQ
$1.73-0.06 (-3.35%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Equillium share?

As of Apr 18, 2024, it costs $1.73 to buy one share of Equillium stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.87, you can buy 0.5 shares of EQ.

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

Is now a good time to buy Equillium stock?

According to 1 Wall Street analysts who monitor Equillium, their consensus recommendation is to buy Equillium stock.

What is the best way to buy Equillium stock?

One way to place an order for Equillium 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.