How to Buy Gt Biopharma Stock
Gt Biopharma Inc
GT Biopharma, Inc. , a clinical stage biopharmaceutical company, focuses on the development and commercialization of immuno-oncology products based on its proprietary Tri-specific Killer Engager (TriKE) fusion protein immune cell engager technology platform.
Gt Biopharma stock last closed at $3.75, up 2.79% from the previous day, and has decreased 64.27% in one year. It has underperformed other stocks in the Biotechnology industry by 0.41 percentage points. Gt Biopharma stock is currently +6.59% from its 52-week low of $3.52, and -76.71% from its 52-week high of $16.11.
As of Apr 25, 2024, there are 1.38M GTBP shares outstanding. The market capitalization of GTBP is $5.18M. In the last 24 hours, 3434 GTBP shares were traded.
How to Buy Gt Biopharma Stock
Not sure how to invest in Gt Biopharma stock? Here's how.
- Figure out where to buy Gt Biopharma stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Gt Biopharma stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your info.
- Evaluate Gt Biopharma stock: The Gt Biopharma ticker symbol is GTBP. Is Gt Biopharma stock a good investment? Should you buy shares of GTBP? How do GTBP's underlying business fundamentals look? Do top analysts think Gt Biopharma is a good buy? Why has GTBP's stock price moved recently? (Hint: Our stock market research website can help you understand if GTBP is a good stock to buy).
- Execute your GTBP buy order: Decide if you will purchase GTBP shares at the current market price or use a limit order to buy GTBP shares at a given price.
- Track your GTBP investment: Create a watchlist to important notifications about your investment in Gt Biopharma stock.
Step 1: Figure out where to buy Gt Biopharma stock
You need a brokerage account to access the NASDAQ market and buy GTBP shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- 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 purchase the stock.
- Access to world financial markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to invest in GTBP 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.
- Enter your personal data to create a new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on the best stock trading app, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing funds into your new brokerage account.
Step 4: Evaluate Gt Biopharma stock
Once you have figured out the best place to buy Gt Biopharma stock, it's critical to research their stock prior to investing, so you actually understand the risk and opportunity.
Gt Biopharma shares quick numbers
GTBP Due Diligence Checks
WallStreetZen was built to help average investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on GTBP's stock page.
Is GTBP stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GTBP's true value.
Using relative valuations methods:
- GTBP could be undervalued based on its P/B ratio of 0.69x, relative to Biotechnology industry P/B ratio of 5.8x
You can do more valuation research on GTBP's stock here.
GTBP Financial Health Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the GTBP balance sheet.
- Total GTBP debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the GTBP balance sheet.
- GTBP has cash burn of 8852000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- GTBP has a relatively high debt to equity ratio of 0.89.
- GTBP has $13.97M in cash and short term investments. This is not enough to cover its annual cash burn of $8.85M.
You can dig deeper into what analysts are projecting on the Gt Biopharma stock forecast page.
GTBP Technical Indicators
What are GTBP insiders up to?
Over the past year, executives and large shareholders at GTBP have bought more shares than they have sold.
Michael Martin Breen, Executive ChairmanInterim CEO of GTBP, was the latest GTBP insider to buy. They bought $57,400.00 worth of GTBP stock on Aug 11, 2023.
Get more info about who owns GTBP stock here.
Does GTBP stock generate passive income?
No, Gt Biopharma doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest 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: Execute your GTBP buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open button and eToro will place the order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Track your GTBP investment
Now that you own some GTBP shares, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to keep tabs on your GTBP stock.
GTBP Feed
How to Buy Stock in Gt Biopharma
To summarize, here are the 6 steps to buy Gt Biopharma stock:
- Figure out where to buy Gt Biopharma stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Gt Biopharma stock
- Execute your GTBP buy order
- Track your GTBP investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Gt Biopharma, create a watchlist on WallStreetZen today.
Related Articles
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.