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How to Buy Nrx Pharmaceuticals Stock

Nrx Pharmaceuticals Inc

NRX Pharmaceuticals, Inc. , a clinical-stage pharmaceutical company, develops novel therapeutics for the treatment of central nervous system disorders and life-threatening pulmonary diseases.

Nrx Pharmaceuticals stock last closed at $3.02, down 27.75% from the previous day, and has decreased 52.06% in one year. It has underperformed other stocks in the Biotechnology industry by 0.26 percentage points. Nrx Pharmaceuticals stock is currently +36.65% from its 52-week low of $2.21, and -74.83% from its 52-week high of $12.00.

There are currently 9.57M shares of NRXP outstanding. The market value of NRXP is $28.90M. In the last 24 hours, 764,967 NRXP shares were traded.

How to Buy Nrx Pharmaceuticals Stock

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

Step 1: Figure out where to buy Nrx Pharmaceuticals stock

You will need an online brokerage account to access the NASDAQ market and buy NRXP stock.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal information so you can invest in NRXP stock today.

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  2. Enter your personal details to create your new brokerage account.
  1. Send your information by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've opened your account on the stocks app, your next step is to transfer the money for your investment:

Watch the video below to see the process of depositing money into your new brokerage account.

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Step 4: Evaluate Nrx Pharmaceuticals stock

After you have decided on the best place to buy Nrx Pharmaceuticals stock, it's crucial to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.

Nrx Pharmaceuticals stock data

NRXP Price
$3.02
1w %
-45.09%
1y %
-52.06%
5y %
-97.08%
P/E
-0.76x
P/B
-2.46x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$30.16M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$28.90M
Next Earnings
May 14, 2024
Next Dividend
N/A

Fundamentals of NRXP

WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.

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

How is NRXP stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge NRXP's intrinsic value.

You can access additional valuation analysis on NRXP's stock here.

NRXP Financial Summary

Positive Financial Indicators:

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

Negative Financial Indicators:

  • NRXP has $4.60M in cash and short term investments. This is not enough to cover its annual cash burn of $21.66M.
  • NRXP debt to equity ratio of -1.62 is negative.
  • There are more short-term liabilities than short-term assets on the NRXP balance sheet.
  • NRXP has cash burn of 21660000. It does not have enough cash and short-term investments to cover this.
  • Total NRXP debt is still negative.

You can dive deeper into what analysts are saying on the Nrx Pharmaceuticals stock forecast page.

NRXP Momentum

SMA10
4.85
SMA20
4.99
SMA50
4.9
SMA100
4.43
SMA200
3.81
MACD
-0.21
MACD Signal
0
MACD Histogram
-0.21
RSI
32.28
Stochastic %K
3.91
Stochastic %D
18.19
StochRSI %K
0
StochRSI %D
3.8

What are NRXP insiders up to?

In the past 12 months, executives and large shareholders at NRXP have bought more shares than they have sold.

Aaron Gorovitz, Director of NRXP, was the latest NRXP insider to buy. They bought $11,200.00 worth of NRXP shares on Aug 30, 2023.

Learn more about who owns NRXP shares here.

Does NRXP provide a stable income stream?

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

What do other traders have to say about NRXP?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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

Step 5: Execute your NRXP buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order enables you 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 price limit, use a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Get updates on your NRXP investment

Now that you own some shares in NRXP, you'll want to stay up-to-date on your new investment.

Add NRXP to a watchlist to get alerted to the latest events about your NRXP stock.

NRXP Feed

How to Buy Stock in Nrx Pharmaceuticals

To summarize, here are the 6 steps for buying Nrx Pharmaceuticals stock:

  1. Figure out where to buy Nrx Pharmaceuticals stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Nrx Pharmaceuticals stock
  5. Execute your NRXP buy order
  6. Get updates on your NRXP investment

If you are looking for a brokerage account, eToro is our favorite venue.

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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 keep an eye on your new investment in Nrx Pharmaceuticals, click the button below.

NASDAQ: NRXP
$3.02-1.16 (-27.75%)
Updated Apr 18, 2024
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NASDAQ: NRXP
$3.02-1.16 (-27.75%)
Updated Apr 18, 2024
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FAQ

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

As of Apr 18, 2024, it costs $3.02 to buy one share of Nrx 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 0.331 shares of NRXP.

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 Nrx Pharmaceuticals stock?

One way to place an order for Nrx 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.