How to Buy Kronos Bio Stock
Kronos Bio Inc
Kronos Bio, Inc. , a clinical-stage biopharmaceutical company, focuses on the discovery and development of novel cancer therapeutics.
Kronos Bio stock last closed at $0.95, down 1.04% from the previous day, and has decreased 26.92% in one year. It has underperformed other stocks in the Biotechnology industry by 0.04 percentage points. Kronos Bio stock is currently +29.96% from its 52-week low of $0.73, and -58.52% from its 52-week high of $2.29.
As of Apr 23, 2024, there are 60.1M shares of KRON outstanding. The market value of KRON is $57.09M. In the last 24 hours, 4.28M KRON shares were traded.
How to Buy Kronos Bio Stock
Wondering how to invest in Kronos Bio stock? Here's how.
- Figure out where to buy Kronos Bio stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Kronos Bio stock.
- Create your 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 details.
- Evaluate Kronos Bio stock: The Kronos Bio ticker symbol is KRON. Is Kronos Bio stock a good investment? Should you buy shares of KRON? How do KRON's underlying business fundamentals look? Do top analysts think Kronos Bio is a good buy? Why has KRON's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if KRON is a good stock to buy).
- Place your KRON buy order: Decide if you will purchase KRON shares at the current market price or use a limit order to purchase KRON shares at a given price.
- Get the latest news on your KRON position: Create a watchlist to keep track of your investment in Kronos Bio shares.
Step 1: Figure out where to buy Kronos Bio stock
You need a brokerage account to access the NASDAQ market and buy KRON shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you are able to invest in KRON today.
How to Start 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.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on a mobile trading app, you need to deposit funds:
Check out the video below if you need help depositing funds into your investment account.
Step 4: Evaluate Kronos Bio stock
After you have decided on the best place to buy Kronos Bio stock, it's very important to analyze their stock before you buy, so you truly wrap your head around the risk and upside.
Overview of key KRON info
Fundamentals of KRON
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on KRON's stock page.
Is KRON stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge KRON's fair value.
Using relative valuations methods:
- KRON may be undervalued based on its P/B ratio of 0.36x, relative to Biotechnology industry P/B ratio of 5.93x
You can do additional valuation analysis on KRON's stock here.
Is KRON a healthy company?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the KRON balance sheet.
- KRON has cash burn of 79261000. It has enough cash and short-term investments to cover this for at least one year.
- Total KRON debt is lower than 5 years ago, relative to shareholder equity.
- KRON has $175.02M in cash and short term investments. This is enough to cover its annual cash burn of $79.26M.
- There are more short-term assets than long-term liabilities on the KRON balance sheet.
- KRON has a low debt to equity ratio of 0.34.
Negative Financial Indicators:
- KRON profit margin has gone down from N/A to -1,791.9% in the past year.
Do analysts think it's a good time to buy KRON stock
Out of 2 Equities analysts who give recommendations on KRON, the consensus analyst rating on KRON is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Kronos Bio stock forecast page.
Metrics for Advanced KRON Traders
Who is buying/selling KRON?
In the past year, insiders at KRON have bought more shares than they have sold.
Allison Frisbee, SR VP CORP OPERATIONS LEGAL of KRON, was the latest KRON insider to sell. They sold $12,758.67 worth of KRON stock on Feb 21, 2024.
Research more about who owns KRON shares here.
Can I rely on KRON as an income stream?
No, Kronos Bio doesn't provide an income stream by paying out dividends.
Get analysis from other traders
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 traders have to say.
Step 5: Place your KRON buy order
There are two primary 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 mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Hit the Open button and eToro will place the order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your KRON position
Now that you own some KRON shares, you'll want to stay up-to-date on your investment.
Create a watchlist to see the latest developments about your KRON stock.
KRON Feed
How to Buy Stock in Kronos Bio
To reiterate, here are the 6 steps for buying Kronos Bio stock:
- Figure out where to buy Kronos Bio stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Kronos Bio stock
- Place your KRON buy order
- Get the latest news on your KRON position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Kronos Bio, hit the button below to create your watchlist.
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