How to Buy Lantern Pharma Stock
Lantern Pharma Inc
Lantern Pharma Inc. , a clinical stage biotechnology company, focuses on artificial intelligence, machine learning, and genomic data to streamline the drug development process.
Lantern Pharma stock last closed at $3.73, up 8.12% from the previous day, and has decreased 35.36% in one year. It has overperformed other stocks in the Biotechnology industry by 0.42 percentage points. Lantern Pharma stock is currently +46.27% from its 52-week low of $2.55, and -48.27% from its 52-week high of $7.21.
At the moment, there are 10.78M shares of LTRN outstanding. The market value of LTRN is $40.23M. In the past 24 hours, 51,260 LTRN shares were traded.
How to Buy Lantern Pharma Stock
Wondering how to invest in Lantern Pharma stock? Here's how.
- Decide where to buy Lantern Pharma stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Lantern Pharma stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your info.
- Evaluate Lantern Pharma stock: The Lantern Pharma ticker symbol is LTRN. Is Lantern Pharma stock a good investment? Should you buy shares of LTRN? How do LTRN's underlying business fundamentals look? Do top analysts think Lantern Pharma is a good buy? Why has LTRN's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if LTRN is a good stock to buy).
- Make your LTRN trade: Decide if you will purchase LTRN shares at the current market price or use a limit order to purchase LTRN shares at a given price.
- Get notifications regarding your LTRN investment: Create a watchlist to keep tabs on your new investment in Lantern Pharma stock.
Step 1: Decide where to buy Lantern Pharma stock
You will need a brokerage account to access the NASDAQ market and buy LTRN shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you can buy LTRN today.
How to Open 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 info to open a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the best stock trading app for beginners, you need to deposit funds:
Check out the tutorial below if you need help depositing money into your new investment account.
Step 4: Evaluate Lantern Pharma stock
After you have chosen the best place to buy Lantern Pharma stock, it's very important to evaluate their stock prior to investing, so you truly comprehend the risk as well as the upside.
Overview of key LTRN info
LTRN Overview
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on LTRN's stock page.
Is LTRN stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LTRN's fair value.
Using relative valuations ratios:
- LTRN could be undervalued based on its P/B ratio of 1.9x, relative to Biotechnology industry P/B ratio of 4.25x
You can do additional valuation research on LTRN's stock here.
LTRN Financial Health Overview
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the LTRN balance sheet.
- Total LTRN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the LTRN balance sheet.
- LTRN has cash burn of 17825796. It has enough cash and short-term investments to cover this for at least one year.
- LTRN has a low debt to equity ratio of 0.21.
Failed Health Checks:
- LTRN has $24.01M in cash and short term investments. This is not sufficient to cover its annual cash burn of $17.83M.
Is Lantern Pharma stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who research LTRN, the consensus analyst rating on LTRN is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Lantern Pharma stock forecast page.
LTRN Momentum
Latest Insiders Trades at LTRN
Over the last year, executives and large shareholders at LTRN have sold more shares than they have bought.
D. Jeffrey Keyser, Director of LTRN, was the latest LTRN insider to sell. They sold $11,994.16 worth of LTRN shares on Jul 24, 2024.
Dig into more about who owns LTRN stock here.
Can I rely on LTRN as an income stream?
No, Lantern Pharma doesn't provide an income stream by paying out dividends.
What do other investors have to say about LTRN?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your LTRN trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - 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 sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will place your order.
If you require more help buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your LTRN investment
Now that you own some shares in LTRN, you'll want to stay up-to-date on your shares.
Create a watchlist to see the latest developments about your LTRN stock.
LTRN Feed
How to Buy Stock in Lantern Pharma
To summarize, here are the 6 steps you need to take to buy Lantern Pharma stock right now:
- Decide where to buy Lantern Pharma stock
- Open your brokerage account
- Fund your investment account
- Evaluate Lantern Pharma stock
- Make your LTRN trade
- Get notifications regarding your LTRN investment
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Lantern Pharma, add LTRN to your watchlist below.
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