How to Buy Lipocine Stock
Lipocine Inc
Lipocine Inc. , a clinical-stage biopharmaceutical company, focuses on the development of pharmaceutical products for the treatment of neuroendocrine and metabolic disorders.
Lipocine stock last closed at $4.55, up 2.48% from the previous day, and has decreased 6.36% in one year. It has overperformed other stocks in the Biotechnology industry by 0.17 percentage points. Lipocine stock is currently +96.97% from its 52-week low of $2.31, and -36.36% from its 52-week high of $7.15.
At the moment, there are 5.32M LPCN shares outstanding. The market capitalization of LPCN is $24.19M. In the past 24 hours, 7965 LPCN shares were traded.
How to Buy Lipocine Stock
Not sure how to invest in Lipocine stock? Here's how.
- Decide where to buy Lipocine stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Lipocine stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your info.
- Evaluate Lipocine stock: The Lipocine ticker symbol is LPCN. Is Lipocine stock a good investment? Should you buy shares of LPCN? How do LPCN's underlying business fundamentals look? Do top analysts think Lipocine is a good buy? Why has LPCN's stock price moved recently? (Hint: Our stock research website can help you understand if LPCN is a good stock to buy).
- Execute your LPCN buy order: Decide if you will purchase LPCN shares at the current market price or use a limit order to buy LPCN stock at a specific price.
- Keep an eye on your LPCN position: Create a watchlist to track your investment in Lipocine stock.
Step 1: Decide where to buy Lipocine stock
You will need a brokerage account to access the NASDAQ market and buy LPCN stock.
Our recommended brokerage: eToro
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- Social investing: eToro offers a community with more than 20 million users worldwide. 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 cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy LPCN today.
How to Open 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.
- Input your personal data to start a new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on app for stock, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Lipocine stock
Once you have selected the best place to buy Lipocine stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk and upside.
Lipocine Metrics
LPCN Zen Score
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LPCN's stock page.
How is LPCN stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LPCN's intrinsic value.
Using relative valuations methods:
- LPCN may be undervalued based on its P/B ratio of 1.19x, relative to Biotechnology industry P/B ratio of 5.8x
You can do more valuation analysis on LPCN's stock here.
LPCN Financial Health Overview
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the LPCN balance sheet.
- LPCN has a low debt to equity ratio of 0.13.
- LPCN has cash burn of 11879158. It has enough cash and short-term investments to cover this for at least one year.
- Total LPCN debt is lower than 5 years ago, relative to shareholder equity.
- LPCN has $22.04M in cash and short term investments. This is enough to cover its annual cash burn of $11.88M.
- There are more short-term assets than short-term liabilities on the LPCN balance sheet.
- LPCN profit margin has gone up from -2,151.7% to 573.6% in the past year.
You can dive deeper into what analysts are forecasting on the Lipocine stock forecast page.
LPCN Technical Indicators
Are LPCN insiders buying or selling the stock?
In the past year, insiders at LPCN have bought more shares than they have sold.
Mahesh V. Patel, CEO and President of LPCN, was the latest LPCN insider to buy. They bought $43,791.18 worth of LPCN stock on May 25, 2023.
Research more about who owns LPCN stock here.
Does LPCN provide a stable income stream?
No, Lipocine doesn't provide an income stream by paying out dividends.
What do other traders have to say about LPCN?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your LPCN 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 usually 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 certain you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your LPCN position
Now that you own some shares in LPCN, you'll want to stay up-to-date on your new shares.
Add LPCN to a watchlist to track the latest developments regarding your LPCN stock.
LPCN Feed
How to Buy Stock in Lipocine
To reiterate, here are the 6 steps to buy Lipocine stock:
- Decide where to buy Lipocine stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Lipocine stock
- Execute your LPCN buy order
- Keep an eye on your LPCN position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Lipocine, create a watchlist today.
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