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How to Buy Conduit Pharmaceuticals Stock

Conduit Pharmaceuticals Inc

Conduit Pharmaceuticals Inc. operates as a clinical stage specialty biopharmaceutical company that provides unmet medical needs in the areas of autoimmune disease and idiopathic male infertility.

Conduit Pharmaceuticals stock last closed at $3.18, up 0.95% from the previous day, and has decreased 69.64% in one year. It has underperformed other stocks in the Biotechnology industry by 0.46 percentage points. Conduit Pharmaceuticals stock is currently +234.74% from its 52-week low of $0.95, and -87.28% from its 52-week high of $25.00.

At the moment, there are 73.83M shares of CDT outstanding. The market cap of CDT is $234.78M. In the last 24 hours, 21,389 CDT shares were traded.

How to Buy Conduit Pharmaceuticals Stock

Not sure how to invest in Conduit Pharmaceuticals stock? Here's how.
  1. Decide where to buy Conduit Pharmaceuticals stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Conduit Pharmaceuticals stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Choose your payment method and add your info.
  4. Research Conduit Pharmaceuticals stock: The Conduit Pharmaceuticals ticker symbol is CDT. Is Conduit Pharmaceuticals stock a good investment? Should you buy shares of CDT? How do CDT's underlying business fundamentals look? Do top analysts think Conduit Pharmaceuticals is a good buy? Why has CDT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CDT is a good stock to buy).
  5. Execute your CDT buy order: Decide if you will purchase CDT shares at the current market price or use a limit order to buy CDT stock at a particular price.
  6. Keep an eye on your investment in CDT: Create a watchlist to get live updates on your position in Conduit Pharmaceuticals shares.

Step 1: Decide where to buy Conduit Pharmaceuticals stock

You need a brokerage account in order to access the NASDAQ market and buy CDT shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best place to buy stocks. Here's why:

  • Invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global markets: From Technology to Energy, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by creating an account with eToro today.

Open eToro Account
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Step 2: Create your brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal details so you can buy CDT stock today.

How to Create a New Brokerage Account on eToro

  1. 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.
  2. Provide your personal details to create a new brokerage account.
  1. Send your information by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you've created your account on the best investment app, you need to deposit funds:

Watch the video below to see the process of transferring money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Conduit Pharmaceuticals stock

After you have figured out the best place to buy Conduit Pharmaceuticals stock, it's crucial to evaluate their stock before you buy, so you truly understand the risk as well as the opportunity.

Conduit Pharmaceuticals Numbers

CDT Price
$3.18
1w %
7.07%
1y %
-69.64%
5y %
N/A
P/E
-318x
P/B
-513.74x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$535.00k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$234.78M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of CDT

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on CDT's stock page.

Is CDT stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CDT's fair value.

You can do additional valuation research on CDT's stock here.

A look at CDT Cashflows and Balance Sheet

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the CDT balance sheet.

Negative Financial Indicators:

  • CDT has $4.23M in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.73M.
  • CDT debt to equity ratio of -16.81 is negative.
  • CDT has cash burn of 7725000. It does not have enough cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the CDT balance sheet.
  • Total CDT debt is still negative.

Metrics for Advanced CDT Traders

SMA10
3.12
SMA20
3.24
SMA50
3.13
SMA100
3.62
SMA200
5.35
MACD
-0.03
MACD Signal
-0.02
MACD Histogram
-0.01
RSI
50
Stochastic %K
66.81
Stochastic %D
53.93
StochRSI %K
77.23
StochRSI %D
56.68

What are CDT insiders up to?

Over the last 12 months, executives and large shareholders at CDT have not bought or sold any shares.

Learn more about who owns CDT stock here.

Can I get consistent income from CDT stock?

No, Conduit Pharmaceuticals doesn't provide an income stream by paying out dividends.

What do other investors have to say about CDT?

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your CDT buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • 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 given price, use a limit order.

Click the Open Trade button and eToro will place your order.

If you need more help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep an eye on your investment in CDT

Now that you own some CDT shares, you'll want to stay up-to-date on your stock purchase.

Start a watchlist to keep tabs on your CDT stock.

CDT Feed

How to Buy Stock in Conduit Pharmaceuticals

To reiterate, here are the 6 steps to buy stock in Conduit Pharmaceuticals:

  1. Decide where to buy Conduit Pharmaceuticals stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Conduit Pharmaceuticals stock
  5. Execute your CDT buy order
  6. Keep an eye on your investment in CDT

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Conduit Pharmaceuticals, get started below.

NASDAQ: CDT
$3.18+0.03 (+0.95%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: CDT
$3.18+0.03 (+0.95%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Conduit Pharmaceuticals share?

As of Apr 24, 2024, it costs $3.18 to buy one share of Conduit Pharmaceuticals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.314 shares of CDT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Conduit Pharmaceuticals stock?

One way to place an order for Conduit Pharmaceuticals stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.