How to Buy Galmed Pharmaceuticals Stock
Galmed Pharmaceuticals Ltd
Galmed Pharmaceuticals Ltd. , a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment of liver diseases.
Galmed Pharmaceuticals stock last closed at $1.37, up 2.24% from the previous day, and has decreased 58.98% in one year. It has underperformed other stocks in the Biotechnology industry by 0.39 percentage points. Galmed Pharmaceuticals stock is currently +19.13% from its 52-week low of $1.15, and -62.05% from its 52-week high of $3.61.
At the moment, there are 5.3M shares of GLMD outstanding. The market cap of GLMD is $7.27M. In the past 24 hours, 13,800 GLMD shares were traded.
How to Buy Galmed Pharmaceuticals Stock
Wondering how to invest in Galmed Pharmaceuticals stock? Here's how.
- Decide where to buy Galmed Pharmaceuticals stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Galmed Pharmaceuticals stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Analyze Galmed Pharmaceuticals stock: The Galmed Pharmaceuticals ticker symbol is GLMD. Is Galmed Pharmaceuticals stock a good investment? Should you buy shares of GLMD? How do GLMD's underlying business fundamentals look? Do top analysts think Galmed Pharmaceuticals is a good buy? Why has GLMD's stock price moved recently? (Hint: Our stock research tools can help you evaluate if GLMD is a good stock to buy).
- Make your GLMD trade: Decide if you will purchase GLMD shares at the current market price or use a limit order to purchase GLMD stock at a particular price.
- Get updates on your GLMD investment: Create a watchlist to key updates about your investment in Galmed Pharmaceuticals stock.
Step 1: Decide where to buy Galmed Pharmaceuticals stock
You will need a brokerage account to access the NASDAQ market and buy GLMD stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can invest in GLMD 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.
- Provide your personal data to start your new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on one of the best stock market apps, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing money into your new brokerage account.
Step 4: Analyze Galmed Pharmaceuticals stock
After you have selected the best place to buy Galmed Pharmaceuticals stock, it's very important to analyze their stock prior to investing, so you actually comprehend the risk and upside.
Overview of key GLMD info
GLMD Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on GLMD's stock page.
Is GLMD stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge GLMD's intrinsic value.
Using relative valuations measures:
- GLMD could be undervalued based on its P/B ratio of 0.35x, relative to Biotechnology industry P/B ratio of 4.99x
You can do additional valuation research on GLMD's stock here.
A look at GLMD Cashflows and Balance Sheet
Pros:
- GLMD has cash burn of 5468000. It has sufficient cash and short-term investments to cover this for at least one year.
- GLMD has $20.65M in cash and short term investments. This is enough to cover its annual cash burn of $5.47M.
- GLMD has a low debt to equity ratio of 0.12.
- There are more short-term assets than long-term liabilities on the GLMD balance sheet.
- There are more short-term assets than short-term liabilities on the GLMD balance sheet.
Cons:
- Total GLMD debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are projecting on the Galmed Pharmaceuticals stock forecast page.
GLMD Momentum
Latest Insiders Trades at GLMD
In the last 12 months, executives and large shareholders at GLMD have not bought or sold any shares.
Learn more about who owns GLMD shares here.
Does GLMD stock generate passive income?
No, Galmed Pharmaceuticals doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your GLMD trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your GLMD investment
Now that you own some GLMD stock, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to track the most important metrics related to your GLMD stock.
GLMD Feed
How to Buy Stock in Galmed Pharmaceuticals
To summarize, here are the 6 steps for buying Galmed Pharmaceuticals stock:
- Decide where to buy Galmed Pharmaceuticals stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Galmed Pharmaceuticals stock
- Make your GLMD trade
- Get updates on your GLMD investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in Galmed Pharmaceuticals, click the button below.
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