How to Buy Kala Bio Stock
Kala Bio Inc
Kala Pharmaceuticals, Inc. , a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies using its proprietary mucus penetrating particles technology for the treatment of eye diseases.
Kala Bio stock last closed at $5.91, up 1.86% from the previous day, and has decreased 46.77% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.07 percentage points. Kala Bio stock is currently +40.38% from its 52-week low of $4.21, and -49.66% from its 52-week high of $11.74.
At the moment, there are 4.61M shares of KALA outstanding. The market cap of KALA is $27.23M. In the past 24 hours, 6289 KALA shares were traded.
How to Buy Kala Bio Stock
Not sure how to invest in Kala Bio stock? Here's how.
- Decide where to buy Kala Bio stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Kala Bio stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Analyze Kala Bio stock: The Kala Bio ticker symbol is KALA. Is Kala Bio stock a good investment? Should you buy shares of KALA? How do KALA's underlying business fundamentals look? Do top analysts think Kala Bio is a good buy? Why has KALA's stock price moved recently? (Hint: Our stock research tools can help you figure out if KALA is a good stock to buy).
- Place your KALA buy order: Decide if you will purchase KALA shares at the current market price or use a limit order to purchase KALA stock at a particular price.
- Get updates on your investment in KALA: Create a watchlist to monitor your position in Kala Bio stock.
Step 1: Decide where to buy Kala Bio stock
You will need a brokerage account to access the NASDAQ market and buy KALA shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you can invest in KALA today.
How to Create a New Brokerage 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 data to open a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on mobile trading apps, your next step is to transfer the money for your investment:
Watch the video below for more details depositing money into your brokerage account.
Step 4: Analyze Kala Bio stock
Once you have selected the best place to buy Kala Bio stock, it's absolutely critical to research their stock prior to investing, so you truly understand the risk as well as the opportunity.
Kala Bio Numbers
Fundamentals of KALA
WallStreetZen was created to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on KALA's stock page.
Is KALA stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge KALA's true value.
Using relative valuations ratios:
- KALA may be undervalued based on its P/B ratio of 1.99x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.28x
You can access additional valuation research on KALA's stock here.
A look at KALA Cashflows and Balance Sheet
Pros:
- KALA has cash burn of 31044000. It has sufficient cash and short-term investments to cover this for at least one year.
- KALA has $54.20M in cash and short term investments. This is sufficient to cover its annual cash burn of $31.04M.
- There are more short-term assets than long-term liabilities on the KALA balance sheet.
- There are more short-term assets than short-term liabilities on the KALA balance sheet.
Cons:
- KALA has a relatively high debt to equity ratio of 3.49.
- Total KALA debt is higher than 5 years ago, relative to shareholder equity.
Is KALA stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give recommendations on KALA, the consensus analyst rating on Kala Bio is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Kala Bio stock forecast page.
KALA Technical Indicators
Is KALA Growing Revenue?
Last year, KALA revenue was $0.00. Over the last 5 year, KALA's revenue has grown by -100% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 19.48%.
Learn more about KALA's earnings and revenue performance here.
Are KALA insiders buying or selling the stock?
Over the past year, executives and large shareholders at KALA have sold more shares than they have bought.
Todd Bazemore, President and Chief Operating Officer of KALA, was the latest KALA insider to sell. They sold $22,101.75 worth of KALA stock on Jun 26, 2024.
Get more info about who owns KALA shares here.
Does KALA provide a stable income stream?
No, Kala Bio doesn't provide an income stream by paying out dividends.
What do other investors have to say about KALA?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your KALA buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Hit the Open button and eToro will place your order.
If you require more assistance buying stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in KALA
Now that you own some shares in KALA, you'll want to stay up-to-date on your new investment.
Add KALA to a watchlist to get notified of the latest news about your KALA stock.
KALA Feed
How to Buy Stock in Kala Bio
To summarize, here are the 6 steps you need to take to buy Kala Bio stock right now:
- Decide where to buy Kala Bio stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze Kala Bio stock
- Place your KALA buy order
- Get updates on your investment in KALA
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Kala Bio, create a watchlist on WallStreetZen today.
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