How to Buy Korro Bio Stock
Korro Bio Inc
Korro Bio, Inc. , a biopharmaceutical company, discovers, develops, and commercializes genetic medicines based on editing RNA for the treatment of rare and highly prevalent diseases. Korro Bio, Inc.
Korro Bio stock last closed at $68.38, up 2.46% from the previous day, and has increased 259.89% in one year. It has overperformed other stocks in the Biotechnology industry by 2.83 percentage points. Korro Bio stock is currently +647.32% from its 52-week low of $9.15, and -30.16% from its 52-week high of $97.91.
At the moment, there are 8.02M shares of KRRO outstanding. The market cap of KRRO is $548.54M. In the past 24 hours, 27,831 KRRO shares were traded.
How to Buy Korro Bio Stock
Not sure how to invest in Korro Bio stock? Here's how.
- Decide where to buy Korro Bio stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Korro Bio stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your details.
- Research Korro Bio stock: The Korro Bio ticker symbol is KRRO. Is Korro Bio stock a good investment? Should you buy shares of KRRO? How do KRRO's underlying business fundamentals look? Do top analysts think Korro Bio is a good buy? Why has KRRO's stock price moved recently? (Hint: Our stock analysis website can help you figure out if KRRO is a good stock to buy).
- Make your KRRO trade: Decide if you will purchase KRRO shares at the current market price or use a limit order to purchase KRRO shares at a particular price.
- Track your investment in KRRO: Create a watchlist to key updates about your position in Korro Bio shares.
Step 1: Decide where to buy Korro Bio stock
You will need a brokerage account in order to access the NASDAQ market and buy KRRO stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you are able to invest in KRRO stock today.
How to Open 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 start your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the best stock investing app, you need to deposit funds:
Check out the tutorial below if you need help depositing funds into your new investment account.
Step 4: Research Korro Bio stock
Once you have figured out the best place to buy Korro Bio stock, it's critical to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.
Overview of key KRRO info
Korro Bio Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on KRRO's stock page.
What is the fair value of KRRO stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge KRRO's fair value.
Using relative valuations metrics:
- KRRO could be undervalued based on its P/B ratio of 3.23x, relative to Biotechnology industry P/B ratio of 5.82x
You can access additional valuation analysis on KRRO's stock here.
Is KRRO a healthy company?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the KRRO balance sheet.
- KRRO has $169.71M in cash and short term investments. This is sufficient to cover its annual cash burn of $75.12M.
- Total KRRO debt is lower than 5 years ago, relative to shareholder equity.
- KRRO has a low debt to equity ratio of 0.31.
- There are more short-term assets than long-term liabilities on the KRRO balance sheet.
- KRRO has cash burn of 75119000. It has enough cash and short-term investments to cover this for at least one year.
Do Wall Street analysts think it's a good time to buy Korro Bio stock
Out of 4 Wall Street analysts who give forecasts on KRRO, the consensus analyst rating on KRRO is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Korro Bio stock forecast page.
KRRO Momentum
KRRO Growth Metrics
Last year, KRRO revenue was $0.00. Over the last 4 year, KRRO's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 28.97%.
Find out more about KRRO's earnings and revenue performance here.
Latest Insiders Trades at KRRO
Over the past 12 months, executives and large shareholders at KRRO have sold more shares than they have bought.
David L. Lucchino, Director of KRRO, was the latest KRRO insider to sell. They sold $7,841.44 worth of KRRO stock on Nov 22, 2023.
Research more about who owns KRRO stock here.
Can I rely on KRRO as an income stream?
No, Korro Bio doesn't provide an income stream by paying out dividends.
What others are saying about KRRO
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your KRRO trade
There are two primary 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 mostly fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need more info about buying stocks on eToro, click the how to video below:
Step 6: Track your investment in KRRO
Now that you own some KRRO stock, you'll want to stay up-to-date on your stock purchase.
Add KRRO to a watchlist to track your KRRO stock.
KRRO Feed
How to Buy Stock in Korro Bio
To reiterate, here are the 6 steps to buy stock in Korro Bio:
- Decide where to buy Korro Bio stock
- Sign up for a brokerage account
- Fund your investment account
- Research Korro Bio stock
- Make your KRRO trade
- Track your investment in KRRO
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Korro Bio, add KRRO to your watchlist below.
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