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How to Buy Hoth Therapeutics Stock

Hoth Therapeutics Inc

Hoth Therapeutics, Inc. , a clinical-stage biopharmaceutical company, focuses on developing therapies for unmet medical needs.

Hoth Therapeutics stock last closed at $1.30, up 2.36% from the previous day, and has decreased 55.33% in one year. It has underperformed other stocks in the Biotechnology industry by 0.36 percentage points. Hoth Therapeutics stock is currently +31.31% from its 52-week low of $0.99, and -69.77% from its 52-week high of $4.30.

There are currently 4.35M HOTH shares outstanding. The market capitalization of HOTH is $5.65M. In the last 24 hours, 21,134 HOTH shares were traded.

How to Buy Hoth Therapeutics Stock

Not sure how to invest in Hoth Therapeutics stock? Here's how.
  1. Decide where to buy Hoth Therapeutics stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Hoth Therapeutics stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Select your payment method and add your details.
  4. Analyze Hoth Therapeutics stock: The Hoth Therapeutics ticker symbol is HOTH. Is Hoth Therapeutics stock a good investment? Should you buy shares of HOTH? How do HOTH's underlying business fundamentals look? Do top analysts think Hoth Therapeutics is a good buy? Why has HOTH's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if HOTH is a good stock to buy).
  5. Place your HOTH buy order: Decide if you will purchase HOTH shares at the current market price or use a limit order to buy HOTH shares at a given price.
  6. Keep tabs on your HOTH position: Create a watchlist to key updates about your position in Hoth Therapeutics shares.

Step 1: Decide where to buy Hoth Therapeutics stock

You need an online brokerage account in order to access the NASDAQ market and buy HOTH stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal details so you can invest in HOTH stock today.

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  2. Input your personal details to open a new brokerage account.
  1. Submit your information by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have filled out your info on the best beginner stock app, your next step is to transfer the money for your investment:

Watch the tutorial below to see the process of transferring funds into your brokerage account.

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Step 4: Analyze Hoth Therapeutics stock

Once you have selected the best place to buy Hoth Therapeutics stock, it's absolutely critical to evaluate their stock prior to investing, so you can wrap your head around the risk and opportunity.

Hoth Therapeutics shares quick numbers

HOTH Price
$1.30
1w %
-2.26%
1y %
-55.33%
5y %
-99.16%
P/E
-0.27x
P/B
0.54x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$9.62M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$5.65M
Next Earnings
Mar 31, 2024
Next Dividend
N/A

Hoth Therapeutics Fundamentals

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on HOTH's stock page.

Is HOTH stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HOTH's fair value.

Using relative valuations metrics:

  • HOTH may be undervalued based on its P/B ratio of 0.54x, relative to Biotechnology industry P/B ratio of 6.14x

You can do additional valuation research on HOTH's stock here.

How do HOTH Financials look?

Passed Financial Due Diligence Checks:

  • HOTH has cash burn of 7925758. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the HOTH balance sheet.
  • There are more short-term assets than short-term liabilities on the HOTH balance sheet.
  • HOTH has a low debt to equity ratio of 0.15.

Failed Financial Due Diligence Checks:

  • Total HOTH debt is higher than 5 years ago, relative to shareholder equity.
  • HOTH has $11.85M in cash and short term investments. This is not enough to cover its annual cash burn of $7.93M.

Is Hoth Therapeutics stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Equities analysts who give forecasts on HOTH, the consensus analyst rating on HOTH is a Strong Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Hoth Therapeutics stock forecast page.

HOTH Trading Indicators

SMA10
1.33
SMA20
1.35
SMA50
1.34
SMA100
1.29
SMA200
1.81
MACD
-0.01
MACD Signal
0
MACD Histogram
-0.01
RSI
45.87
Stochastic %K
27.54
Stochastic %D
23.79
StochRSI %K
9.47
StochRSI %D
3.16

Latest Insiders Trades at HOTH

In the last year, executives and large shareholders at HOTH have not bought or sold any shares.

Learn more about who owns HOTH stock here.

Does HOTH provide a stable income stream?

No, Hoth Therapeutics doesn't provide an income stream by paying out dividends.

HOTH Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Place your HOTH buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, place a limit order.

Hit the Open button and eToro will execute the order.

If you require additional help investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep tabs on your HOTH position

Now that you own some HOTH stock, you'll want to keep up with your new investment.

Create a watchlist to get alerted to the latest events about your HOTH stock.

HOTH Feed

How to Buy Stock in Hoth Therapeutics

To reiterate, here are the 6 steps you need to take to buy Hoth Therapeutics stock right now:

  1. Decide where to buy Hoth Therapeutics stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Analyze Hoth Therapeutics stock
  5. Place your HOTH buy order
  6. Keep tabs on your HOTH position

If you are looking for a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Hoth Therapeutics, create a watchlist on WallStreetZen today.

NASDAQ: HOTH
$1.30+0.03 (+2.36%)
Updated Feb 28, 2024
Open eToro Account
NASDAQ: HOTH
$1.30+0.03 (+2.36%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hoth Therapeutics share?

As of Feb 28, 2024, it costs $1.30 to buy one share of Hoth Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.65, you can buy 0.5 shares of HOTH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Hoth Therapeutics stock?

According to 2 Wall Street analysts who monitor Hoth Therapeutics, their consensus recommendation is to buy Hoth Therapeutics stock.

What is the best way to buy Hoth Therapeutics stock?

One way to place an order for Hoth Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.