How to Buy First Wave Biopharma Stock
First Wave Biopharma Inc
First Wave BioPharma, Inc. , a clinical-stage biopharmaceutical company, engages in the research and development of targeted and non-systemic therapies for the treatment of patients with gastrointestinal diseases.
First Wave Biopharma stock last closed at $2.91, up 11.92% from the previous day, and has decreased 94.76% in one year. It has underperformed other stocks in the Biotechnology industry by 0.72 percentage points. First Wave Biopharma stock is currently +20.25% from its 52-week low of $2.42, and -95.52% from its 52-week high of $65.00.
There are currently 2.03M FWBI shares outstanding. The market capitalization of FWBI is $5.89M. In the past 24 hours, 82,853 FWBI shares were traded.
How to Buy First Wave Biopharma Stock
Not sure how to invest in First Wave Biopharma stock? Here's how.
- Choose where to buy First Wave Biopharma stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy First Wave Biopharma 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: Pick your method of payment and add your info.
- Research First Wave Biopharma stock: The First Wave Biopharma ticker symbol is FWBI. Is First Wave Biopharma stock a good investment? Should you buy shares of FWBI? How do FWBI's underlying business fundamentals look? Do top analysts think First Wave Biopharma is a good buy? Why has FWBI's stock price moved recently? (Hint: Our stock research tools can help you evaluate if FWBI is a good stock to buy).
- Make your FWBI purchase: Decide if you will purchase FWBI shares at the current market price or use a limit order to buy FWBI shares at a specific price.
- Keep tabs on your FWBI position: Create a watchlist to key updates about your new investment in First Wave Biopharma stock.
Step 1: Choose where to buy First Wave Biopharma stock
You need an online brokerage account in order to access the NASDAQ market and buy FWBI shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Technology to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you are able to buy FWBI 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.
- Input your personal data to start a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on the best stock trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help transferring money into your new investment account.
Step 4: Research First Wave Biopharma stock
Once you have selected the best place to buy First Wave Biopharma stock, it's absolutely critical to evaluate their stock prior to investing, so you can understand the risk and upside.
First Wave Biopharma Numbers
Fundamentals of First Wave Biopharma
WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on FWBI's stock page.
How is FWBI stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge FWBI's fair value.
Using relative valuations measures:
- FWBI may be undervalued based on its P/B ratio of 1.64x, relative to Biotechnology industry P/B ratio of 5.82x
You can access more valuation analysis on FWBI's stock here.
FWBI Financial Overview
Pros:
- There are more short-term assets than long-term liabilities on the FWBI balance sheet.
- There are more short-term assets than short-term liabilities on the FWBI balance sheet.
Cons:
- FWBI has a relatively high debt to equity ratio of 0.91.
- FWBI has cash burn of 12377852. It does not have sufficient cash and short-term investments to cover this.
- FWBI has $3.74M in cash and short term investments. This is not enough to cover its annual cash burn of $12.38M.
- Total FWBI debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy First Wave Biopharma stock
Out of 1 sell side analysts who give ratings on FWBI, the consensus analyst rating on First Wave Biopharma is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the First Wave Biopharma stock forecast page.
FWBI Momentum
Latest Insiders Trades at FWBI
In the past 12 months, executives and large shareholders at FWBI have sold more shares than they have bought.
Sarah Romano, Chief Financial Officer of FWBI, was the latest FWBI insider to sell. They sold $317.18 worth of FWBI shares on Apr 1, 2024.
Get more info about who owns FWBI shares here.
Can I rely on FWBI as an income stream?
No, First Wave Biopharma doesn't provide an income stream by paying out dividends.
What others are saying about FWBI
One of the major 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: Make your FWBI purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available 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 particular price limit, use a limit order.
Press the Open Trade button and your broker will place the order.
If you want additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your FWBI position
Now that you own some shares in FWBI, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to track your FWBI stock.
FWBI Feed
How to Buy Stock in First Wave Biopharma
To reiterate, here are the 6 steps to buy stock in First Wave Biopharma:
- Choose where to buy First Wave Biopharma stock
- Create a brokerage account
- Put funds into your brokerage account
- Research First Wave Biopharma stock
- Make your FWBI purchase
- Keep tabs on your FWBI position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your investment in First Wave Biopharma, hit the button below to create your watchlist.
More Stock Buying Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp 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.