How to Buy Longeveron Stock
Longeveron Inc
Longeveron Inc. , a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions.
Longeveron stock last closed at $1.75, up 4.79% from the previous day, and has decreased 93.75% in one year. It has underperformed other stocks in the Biotechnology industry by 0.72 percentage points. Longeveron stock is currently +9.38% from its 52-week low of $1.60, and -96.02% from its 52-week high of $44.00.
At the moment, there are 2.51M shares of LGVN outstanding. The market capitalization of LGVN is $4.40M. In the last 24 hours, 371,917 LGVN shares were traded.
How to Buy Longeveron Stock
Wondering how to invest in Longeveron stock? Here's how.
- Figure out where to buy Longeveron stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Longeveron stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your method of payment and add your details.
- Analyze Longeveron stock: The Longeveron ticker symbol is LGVN. Is Longeveron stock a good investment? Should you buy shares of LGVN? How do LGVN's underlying business fundamentals look? Do top analysts think Longeveron is a good buy? Why has LGVN's stock price moved recently? (Hint: Our stock market analysis website can help you decide if LGVN is a good stock to buy).
- Make your LGVN buy order: Decide if you will purchase LGVN shares at the current market price or use a limit order to purchase LGVN stock at a given price.
- Get the latest news on your LGVN investment: Create a watchlist to key updates about your new investment in Longeveron shares.
Step 1: Figure out where to buy Longeveron stock
You need a brokerage account in order to access the NASDAQ market and buy LGVN shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to buy LGVN stock 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.
- Provide your personal details to create a new trading account.
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Step 3: Put funds into your investment account
Now that you have opened your account on the best stock broker app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing money into your new investment account.
Step 4: Analyze Longeveron stock
After you have figured out the best place to buy Longeveron stock, it's important to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Longeveron stock data
Longeveron Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on LGVN's stock page.
Is LGVN stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LGVN's true value.
Using relative valuations methods:
- LGVN may be undervalued based on its P/B ratio of 0.65x, relative to Biotechnology industry P/B ratio of 5.85x
You can access additional valuation analysis on LGVN's stock here.
LGVN Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the LGVN balance sheet.
- There are more short-term assets than short-term liabilities on the LGVN balance sheet.
Failed Financial Due Diligence Checks:
- LGVN has $5.36M in cash and short term investments. This is not sufficient to cover its annual cash burn of $19.30M.
- LGVN has cash burn of 19303000. It does not have sufficient cash and short-term investments to cover this.
- LGVN profit margin has gone down from -1,541.3% to -3,132.7% in the past year.
- Total LGVN debt is higher than 5 years ago, relative to shareholder equity.
- LGVN has a relatively high debt to equity ratio of 0.79.
Do analysts think it's a good time to buy LGVN stock
Out of 1 Wall Street analysts who research LGVN, the consensus analyst rating on LGVN is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Longeveron stock forecast page.
LGVN Technical Indicators
LGVN Growth Numbers
Last year, LGVN revenue was $709.00k. During the past five year, LGVN's revenue has increased by -19.78% per year. This was slower than the Biotechnology industry average of 28.56%.
Learn more about LGVN's earnings and revenue performance here.
Latest Insiders Trades at LGVN
Over the last year, executives and large shareholders at LGVN have bought more shares than they have sold.
Joshua Hare, Chief Scientific Officer of LGVN, was the latest LGVN insider to buy. They bought $99,999.55 worth of LGVN shares on Apr 11, 2024.
Research more about who owns LGVN stock here.
Does LGVN stock generate passive income?
No, Longeveron doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your LGVN buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
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 sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you need more info about buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your LGVN investment
Now that you own some LGVN stock, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get notified of the latest news about your LGVN stock.
LGVN Feed
How to Buy Stock in Longeveron
To summarize, here are the 6 steps to buy stock in Longeveron:
- Figure out where to buy Longeveron stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Longeveron stock
- Make your LGVN buy order
- Get the latest news on your LGVN investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your investment in Longeveron, click below.
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