How to Buy Novabay Pharmaceuticals Stock
Novabay Pharmaceuticals Inc
NovaBay Pharmaceuticals, Inc. is a biopharmaceutical company, which engages in developing products for the eye care market. The company is headquartered in Emeryville, California and currently employs 70 full-time employees.
Novabay Pharmaceuticals stock last closed at $0.58, down 0.68% from the previous day, and has decreased 79.46% in one year. It has underperformed other stocks in the Biotechnology industry by 0.03 percentage points. Novabay Pharmaceuticals stock is currently +60.94% from its 52-week low of $0.36, and -93.6% from its 52-week high of $9.08.
There are currently 5.82M NBY shares outstanding. The market capitalization of NBY is $3.38M. In the past 24 hours, 46,345 NBY shares were traded.
How to Buy Novabay Pharmaceuticals Stock
Wondering how to invest in Novabay Pharmaceuticals stock? Here's how.
- Choose where to buy Novabay Pharmaceuticals stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Novabay Pharmaceuticals stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your details.
- Research Novabay Pharmaceuticals stock: The Novabay Pharmaceuticals ticker symbol is NBY. Is Novabay Pharmaceuticals stock a good investment? Should you buy shares of NBY? How do NBY's underlying business fundamentals look? Do top analysts think Novabay Pharmaceuticals is a good buy? Why has NBY's stock price moved recently? (Hint: Our stock research tools can help you decide if NBY is a good stock to buy).
- Execute your NBY buy order: Decide if you will purchase NBY shares at the current market price or use a limit order to buy NBY shares at a particular price.
- Get updates on your NBY investment: Create a watchlist to key updates about your position in Novabay Pharmaceuticals stock.
Step 1: Choose where to buy Novabay Pharmaceuticals stock
You will need a brokerage account in order to access the NYSEMKT market and buy NBY shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal details so you can invest in NBY today.
How to Set Up 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.
- Enter your personal data to create a new trading account.
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Step 3: Fund your investment account
Now that you've finished signing up on investing apps, you need to deposit funds:
Watch the walkthrough below if you need help depositing money into your new brokerage account.
Step 4: Research Novabay Pharmaceuticals stock
After you have figured out the best place to buy Novabay Pharmaceuticals stock, it's absolutely critical to research their stock prior to investing, so you truly understand the risk and upside.
Novabay Pharmaceuticals shares quick numbers
Fundamentals of NBY
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on NBY's stock page.
Is NBY stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NBY's true value.
You can do additional valuation analysis on NBY's stock here.
NBY Financials at a glance
Signs that NBY is financially healthy:
- There are more short-term assets than long-term liabilities on the NBY balance sheet.
Signs that NBY is not financially healthy:
- NBY debt to equity ratio of -27.54 is negative.
- NBY has cash burn of 5189000. It does not have enough cash and short-term investments to cover this.
- NBY has $430.00k in cash and short term investments. This is not enough to cover its annual cash burn of $5.19M.
- There are more short-term liabilities than short-term assets on the NBY balance sheet.
- Total NBY debt is still negative.
- NBY profit margin has gone up by 0.74 percentage points in the past year, but the company is still unprofitable.
Metrics for Advanced NBY Traders
How are NBY Revenues/Earnings doing?
Last year, NBY revenue was $9.78M. In the past 5 year, NBY's revenue has grown by 8.19% per year. This was slower than the Biotechnology industry average of 45.66%.
Dive into NBY's earnings and revenue performance here.
What are NBY insiders up to?
In the last year, insiders at NBY have bought more shares than they have sold.
Poplar Point Capital Partners LP, 10% Owner of NBY, was the latest NBY insider to buy. They bought $139.50 worth of NBY stock on Apr 8, 2025.
Get more info about who owns NBY stock here.
Does NBY provide a stable income stream?
No, Novabay Pharmaceuticals doesn't provide an income stream by paying out dividends.
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Step 5: Execute your NBY buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Hit the Open button and your broker will place the order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your NBY investment
Now that you own some NBY shares, you'll want to stay up-to-date on your new shares.
Add NBY to a watchlist to keep track of your NBY stock.
NBY Feed
How to Buy Stock in Novabay Pharmaceuticals
To reiterate, here are the 6 steps to buy stock in Novabay Pharmaceuticals:
- Choose where to buy Novabay Pharmaceuticals stock
- Open a brokerage account
- Fund your investment account
- Research Novabay Pharmaceuticals stock
- Execute your NBY buy order
- Get updates on your NBY investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Novabay Pharmaceuticals, create your watchlist below.
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