How to Buy Psyence Biomedical Stock
Psyence Biomedical Ltd
Psyence Biomedical Ltd is a life science biotechnology company pioneering the use of natural psychedelics in mental health and wellbeing.
Psyence Biomedical stock last closed at $0.80, up 5% from the previous day, and has decreased 92.47% in one year. It has underperformed other stocks in the Biotechnology industry by 0.69 percentage points. Psyence Biomedical stock is currently +55.56% from its 52-week low of $0.51, and -94.52% from its 52-week high of $14.55.
As of Apr 24, 2024, there are 13.39M shares of PBM outstanding. The market value of PBM is $10.69M. In the last 24 hours, 32,307 PBM shares were traded.
How to Buy Psyence Biomedical Stock
Not sure how to invest in Psyence Biomedical stock? Here's how.
- Decide where to buy Psyence Biomedical 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 determine where to buy Psyence Biomedical stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your information.
- Analyze Psyence Biomedical stock: The Psyence Biomedical ticker symbol is PBM. Is Psyence Biomedical stock a good investment? Should you buy shares of PBM? How do PBM's underlying business fundamentals look? Do top analysts think Psyence Biomedical is a good buy? Why has PBM's stock price moved recently? (Hint: Our stock market research tools can help you decide if PBM is a good stock to buy).
- Execute your PBM purchase: Decide if you will purchase PBM shares at the current market price or use a limit order to buy PBM shares at a specific price.
- Get updates on your investment in PBM: Create a watchlist to keep tabs on your new investment in Psyence Biomedical stock.
Step 1: Decide where to buy Psyence Biomedical stock
You will need a brokerage account in order to access the NASDAQ market and buy PBM stock.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy PBM today.
How to Set Up 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 details to create your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on one of the best stock trading apps, you need to deposit funds:
Watch this video walkthrough to see the process of depositing money into your new investment account.
Step 4: Analyze Psyence Biomedical stock
Once you have identified the best place to buy Psyence Biomedical stock, it's crucial to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
Psyence Biomedical Metrics
Psyence Biomedical Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on PBM's stock page.
Is PBM stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge PBM's true value.
You can access additional valuation analysis on PBM's stock here.
PBM Financial Health Summary
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the PBM balance sheet.
- There are more short-term liabilities than short-term assets on the PBM balance sheet.
- PBM debt to equity ratio of -1.79 is negative.
- Total PBM debt is still negative.
- PBM has cash burn of 1139360. It does not have enough cash and short-term investments to cover this.
- PBM has $88.17k in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.14M.
Metrics for Advanced PBM Traders
What are PBM executives and large shareholders up to?
In the last 12 months, executives and large shareholders at PBM have sold more shares than they have bought.
Polar Asset Management Partners Inc, 10% Owner of PBM, was the latest PBM insider to sell. They sold $1,439,100.00 worth of PBM stock on Jul 11, 2023.
Learn more about who owns PBM shares here.
Can I get consistent income from PBM stock?
No, Psyence Biomedical doesn't provide an income stream by paying out dividends.
What others are saying about PBM
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your PBM purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you need more help investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in PBM
Now that you own some PBM shares, you'll want to keep up with your new stock purchase.
Create a watchlist to track the most important metrics related to your PBM stock.
PBM Feed
How to Buy Stock in Psyence Biomedical
To reiterate, here are the 6 steps to buy Psyence Biomedical stock:
- Decide where to buy Psyence Biomedical stock
- Create your brokerage account
- Deposit money your investment account
- Analyze Psyence Biomedical stock
- Execute your PBM purchase
- Get updates on your investment in PBM
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Psyence Biomedical, add PBM to your watchlist below.
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