How to Buy Fortress Biotech Stock
Fortress Biotech Inc
Fortress Biotech, Inc. , a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products.
Fortress Biotech stock last closed at $1.80, up 3.45% from the previous day, and has decreased 84.28% in one year. It has underperformed other stocks in the Biotechnology industry by 0.66 percentage points. Fortress Biotech stock is currently +45.16% from its 52-week low of $1.24, and -84.35% from its 52-week high of $11.50.
As of May 2, 2024, there are 19.23M FBIO shares outstanding. The market cap of FBIO is $34.62M. In the past 24 hours, 115,760 FBIO shares were traded.
How to Buy Fortress Biotech Stock
Wondering how to invest in Fortress Biotech stock? Here's how.
- Decide where to buy Fortress Biotech stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Fortress Biotech stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your method of payment and add your info.
- Research Fortress Biotech stock: The Fortress Biotech ticker symbol is FBIO. Is Fortress Biotech stock a good investment? Should you buy shares of FBIO? How do FBIO's underlying business fundamentals look? Do top analysts think Fortress Biotech is a good buy? Why has FBIO's stock price moved recently? (Hint: Our stock research website can help you figure out if FBIO is a good stock to buy).
- Make your FBIO trade: Decide if you will purchase FBIO shares at the current market price or use a limit order to buy FBIO stock at a particular price.
- Keep an eye on your investment in FBIO: Create a watchlist to the latest updates on your investment in Fortress Biotech shares.
Step 1: Decide where to buy Fortress Biotech stock
You need a brokerage account to access the NASDAQ market and buy FBIO stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you can buy FBIO today.
How to Open a New 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 details to create a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the best stock trading app, you need to deposit funds:
Watch the video below to see the process of depositing funds into your new investment account.
Step 4: Research Fortress Biotech stock
After you have figured out the best place to buy Fortress Biotech stock, it's crucial to analyze their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Fortress Biotech Numbers
FBIO Fundamentals
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on FBIO's stock page.
Is FBIO stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge FBIO's intrinsic value.
Using relative valuations metrics:
- FBIO may be undervalued based on its P/B ratio of 1.54x, relative to Biotechnology industry P/B ratio of 5.99x
You can access more valuation analysis on FBIO's stock here.
FBIO Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the FBIO balance sheet.
- Total FBIO debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the FBIO balance sheet.
Failed Financial Due Diligence Checks:
- FBIO has $83.37M in cash and short term investments. This is not sufficient to cover its annual cash burn of $122.29M.
- FBIO has a relatively high debt to equity ratio of 7.36.
- FBIO profit margin has gone up by 0.44 percentage points in the past year, but the company is still unprofitable.
- FBIO has cash burn of 122288000. It does not have enough cash and short-term investments to cover this.
Is FBIO stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who track FBIO, the consensus analyst rating on Fortress Biotech is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Fortress Biotech stock forecast page.
FBIO Technicals
How is FBIO performing as a company?
Last year, FBIO revenue was $84.51M. In the past 5 year, FBIO's revenue has grown by 25.75% per year. This was slower than the Biotechnology industry average of 29.57%.
Find out more about FBIO's earnings and revenue performance here.
What are FBIO insiders up to?
Over the past 12 months, insiders at FBIO have bought more shares than they have sold.
David Jin, Chief Financial Officer of FBIO, was the latest FBIO insider to buy. They bought $3,998.40 worth of FBIO shares on Apr 1, 2024.
Learn more about who owns FBIO shares here.
Does FBIO provide a stable income stream?
No, Fortress Biotech doesn't provide an income stream by paying out dividends.
What do other traders have to say about FBIO?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your FBIO trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will place your order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in FBIO
Now that you own some shares in FBIO, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of important updates regarding your FBIO stock.
FBIO Feed
How to Buy Stock in Fortress Biotech
To summarize, here are the 6 steps for buying Fortress Biotech stock:
- Decide where to buy Fortress Biotech stock
- Create your brokerage account
- Fund your brokerage account
- Research Fortress Biotech stock
- Make your FBIO trade
- Keep an eye on your investment in FBIO
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Fortress Biotech, add FBIO to your watchlist below.
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