How to Buy Lucy Scientific Discovery Stock
Lucy Scientific Discovery Inc
Lucy Scientific Discovery Inc. researches, develops, manufactures, and commercializes psychedelic products. It offers biological raw materials, crude extracts, psychotropic compounds, and active pharmaceutical ingredients (APIs). Lucy Scientific Discovery Inc.
Lucy Scientific Discovery stock last closed at $0.76, down 12.64% from the previous day, and has decreased 93.92% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.87 percentage points. Lucy Scientific Discovery stock is currently +4.83% from its 52-week low of $0.73, and -95.53% from its 52-week high of $17.00.
There are currently 1.76M LSDI shares outstanding. The market cap of LSDI is $1.34M. In the last 24 hours, 70,233 LSDI shares were traded.
How to Buy Lucy Scientific Discovery Stock
Not sure how to invest in Lucy Scientific Discovery stock? Here's how.
- Choose where to buy Lucy Scientific Discovery stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Lucy Scientific Discovery stock.
- Open a 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 information.
- Research Lucy Scientific Discovery stock: The Lucy Scientific Discovery ticker symbol is LSDI. Is Lucy Scientific Discovery stock a good investment? Should you buy shares of LSDI? How do LSDI's underlying business fundamentals look? Do top analysts think Lucy Scientific Discovery is a good buy? Why has LSDI's stock price moved recently? (Hint: Our stock analysis website can help you decide if LSDI is a good stock to buy).
- Execute your LSDI trade: Decide if you will purchase LSDI shares at the current market price or use a limit order to buy LSDI shares at a specific price.
- Get the latest scoop on your investment in LSDI: Create a watchlist to important notifications about your investment in Lucy Scientific Discovery stock.
Step 1: Choose where to buy Lucy Scientific Discovery stock
You need an online brokerage account in order to access the NASDAQ market and buy LSDI stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal info so you can invest in LSDI 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.
- Provide your personal details to create your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best stock market app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details depositing funds into your new brokerage account.
Step 4: Research Lucy Scientific Discovery stock
After you have selected the best place to buy Lucy Scientific Discovery stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk and opportunity.
Lucy Scientific Discovery Numbers
Fundamentals of Lucy Scientific Discovery
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on LSDI's stock page.
Is LSDI stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge LSDI's true value.
Using relative valuations ratios:
- LSDI may be overvalued based on its P/B ratio of 16.52x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.09x
You can access more valuation analysis on LSDI's stock here.
LSDI Financial Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the LSDI balance sheet.
Negative Financial Indicators:
- LSDI has cash burn of 5923350. It does not have enough cash and short-term investments to cover this.
- LSDI profit margin has gone down from N/A to -67,538.2% in the past year.
- There are more short-term liabilities than short-term assets on the LSDI balance sheet.
- LSDI has a relatively high debt to equity ratio of 51.82.
- LSDI has $211.12k in cash and short term investments. This is not enough to cover its annual cash burn of $5.92M.
LSDI Trading Indicators
What are LSDI insiders up to?
Over the last 12 months, executives and large shareholders at LSDI have not bought or sold any shares.
Dig into more about who owns LSDI stock here.
Can I get consistent income from LSDI stock?
No, Lucy Scientific Discovery doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your LSDI trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open button and eToro will execute your order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your investment in LSDI
Now that you own some LSDI stock, you'll want to keep up with your new shares.
Start a watchlist to monitor your LSDI stock.
LSDI Feed
How to Buy Stock in Lucy Scientific Discovery
To reiterate, here are the 6 steps to buy stock in Lucy Scientific Discovery:
- Choose where to buy Lucy Scientific Discovery stock
- Open a brokerage account
- Deposit money your investment account
- Research Lucy Scientific Discovery stock
- Execute your LSDI trade
- Get the latest scoop on your investment in LSDI
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Lucy Scientific Discovery, hit the button below to create your watchlist.
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