How to Buy Q32 Bio Stock
Q32 Bio Inc
Q32 Bio Inc is a clinical-stage biotechnology company focused on developing novel biologics to effectively and safely restore healthy immune balance in patients with autoimmune & inflammatory diseases driven by pathological immune dysfunction.
Q32 Bio stock last closed at $24.38, up 1.08% from the previous day, and has increased 32.79% in one year. It has overperformed other stocks in the Biotechnology industry by 0.59 percentage points. Q32 Bio stock is currently +195.73% from its 52-week low of $8.24, and -21.15% from its 52-week high of $30.92.
At the moment, there are 3.23M QTTB shares outstanding. The market value of QTTB is $78.74M. In the last 24 hours, 16,182 QTTB shares were traded.
How to Buy Q32 Bio Stock
Not sure how to invest in Q32 Bio stock? Here's how.
- Figure out where to buy Q32 Bio stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Q32 Bio stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your information.
- Evaluate Q32 Bio stock: The Q32 Bio ticker symbol is QTTB. Is Q32 Bio stock a good investment? Should you buy shares of QTTB? How do QTTB's underlying business fundamentals look? Do top analysts think Q32 Bio is a good buy? Why has QTTB's stock price moved recently? (Hint: Our stock research website can help you decide if QTTB is a good stock to buy).
- Place your QTTB trade: Decide if you will purchase QTTB shares at the current market price or use a limit order to purchase QTTB stock at a particular price.
- Track your investment in QTTB: Create a watchlist to track your position in Q32 Bio shares.
Step 1: Figure out where to buy Q32 Bio stock
You need an online brokerage account to access the NASDAQ market and buy QTTB shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
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- Social investing: eToro boasts 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 brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can buy QTTB stock today.
How to Create 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.
- Enter your personal data to create your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on mobile trading apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help transferring funds into your new brokerage account.
Step 4: Evaluate Q32 Bio stock
After you have decided on the best place to buy Q32 Bio stock, it's critical to research their stock before you invest, so you truly comprehend the risk as well as the upside.
Q32 Bio quick stats
QTTB Overview
WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on QTTB's stock page.
Is QTTB stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge QTTB's intrinsic value.
Using relative valuations methods:
- QTTB may be undervalued based on its P/B ratio of 1.08x, relative to Biotechnology industry P/B ratio of 5.76x
You can do more valuation research on QTTB's stock here.
QTTB Financial Health Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the QTTB balance sheet.
- There are more short-term assets than short-term liabilities on the QTTB balance sheet.
- QTTB has a low debt to equity ratio of 0.16.
- Total QTTB debt is lower than 5 years ago, relative to shareholder equity.
- QTTB has $82.65M in cash and short term investments. This is enough to cover its annual cash burn of $95.90M.
Negative Health Checks:
- QTTB profit margin has gone down from -156% to -9,771.7% in the past year.
- QTTB has cash burn of 95904000. It does not have sufficient cash and short-term investments to cover this.
Do analysts think it's a good time to buy QTTB stock
Out of 2 sell side analysts who research QTTB, the consensus analyst rating on QTTB is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Q32 Bio stock forecast page.
Metrics for Advanced QTTB Traders
QTTB Earnings
Last year, QTTB revenue was $1.16M. During the last five year, QTTB's revenue has grown by -26.32% per year. This was slower than the Biotechnology industry average of 28.98%.
Dive into QTTB's earnings and revenue performance here.
Are QTTB insiders buying or selling the stock?
In the past 12 months, insiders at QTTB have sold more shares than they have bought.
Arthur Tzianabos, Director of QTTB, was the latest QTTB insider to sell. They sold $7,444.13 worth of QTTB shares on Jan 9, 2024.
Learn more about who owns QTTB shares here.
Can I get consistent income from QTTB stock?
No, Q32 Bio doesn't provide an income stream by paying out dividends.
QTTB Social Trading Data
One of the major 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: Place your QTTB trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need more info about buying stocks on eToro, click the how to video below:
Step 6: Track your investment in QTTB
Now that you own some QTTB shares, you'll want to keep up with your investment.
Create a watchlist to keep tabs on your QTTB stock.
QTTB Feed
How to Buy Stock in Q32 Bio
To reiterate, here are the 6 steps to buy stock in Q32 Bio:
- Figure out where to buy Q32 Bio stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Q32 Bio stock
- Place your QTTB trade
- Track your investment in QTTB
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Q32 Bio, create a watchlist on WallStreetZen today.
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