How to Buy Nutriband Stock
Nutriband Inc
Nutriband Inc. develops a portfolio of transdermal pharmaceutical products. The company's lead product in development is AVERSA fentanyl, an abuse deterrent fentanyl transdermal system that provides clinicians and patients with an extended-release transdermal fentanyl product for use in managing chronic pain requiring around the clock opioid therapy.
Nutriband stock last closed at $3.55, down 2.74% from the previous day, and has decreased 1.39% in one year. It has overperformed other stocks in the Biotechnology industry by 0.21 percentage points. Nutriband stock is currently +132.03% from its 52-week low of $1.53, and -40.1% from its 52-week high of $5.93.
As of Apr 26, 2024, there are 7.83M shares of NTRB outstanding. The market capitalization of NTRB is $27.81M. In the past 24 hours, 10,280 NTRB shares were traded.
How to Buy Nutriband Stock
Wondering how to invest in Nutriband stock? Here's how.
- Choose where to buy Nutriband stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Nutriband stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your method of payment and add your info.
- Research Nutriband stock: The Nutriband ticker symbol is NTRB. Is Nutriband stock a good investment? Should you buy shares of NTRB? How do NTRB's underlying business fundamentals look? Do top analysts think Nutriband is a good buy? Why has NTRB's stock price moved recently? (Hint: Our stock research website can help you decide if NTRB is a good stock to buy).
- Place your NTRB buy order: Decide if you will purchase NTRB shares at the current market price or use a limit order to purchase NTRB shares at a specific price.
- Watch your investment in NTRB: Create a watchlist to get the latest news on your position in Nutriband shares.
Step 1: Choose where to buy Nutriband stock
You need an online brokerage account in order to access the NASDAQ market and buy NTRB stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- You can 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 purchase the stock.
- Access to global financial markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to invest in NTRB today.
How to Create 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.
- Input your personal data to open your new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on app for investing, you can securely and quickly fund your account:
Check out the tutorial below for more details depositing funds into your brokerage account.
Step 4: Research Nutriband stock
After you have chosen the best place to buy Nutriband stock, it's important to research their stock prior to investing, so you can understand the risk and upside.
Nutriband quick stats
NTRB Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on NTRB's stock page.
What is the fair value of NTRB stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NTRB's true value.
Using relative valuations ratios:
- NTRB could be undervalued based on its P/B ratio of 4.87x, relative to Biotechnology industry P/B ratio of 5.85x
You can do additional valuation analysis on NTRB's stock here.
A quick look at NTRB Financials
Signs that NTRB is financially healthy:
- There are more short-term assets than short-term liabilities on the NTRB balance sheet.
Signs that NTRB is not financially healthy:
- There are more long-term liabilities than short-term assets on the NTRB balance sheet.
- NTRB profit margin has gone up by 0.69 percentage points in the past year, but the company is still unprofitable.
- NTRB has cash burn of 3635921. It does not have sufficient cash and short-term investments to cover this.
- NTRB has a relatively high debt to equity ratio of 0.49.
- NTRB has $1.27M in cash and short term investments. This is not enough to cover its annual cash burn of $3.64M.
- Total NTRB debt is higher than 5 years ago, relative to shareholder equity.
NTRB Momentum
NTRB Revenue
Last year, NTRB revenue was $2.09M. In the last five year, NTRB's revenue has gone up by 66.58% per year. This was faster than the Biotechnology industry average of 28.56%.
Dive into NTRB's earnings and revenue performance here.
What are NTRB executives and large shareholders up to?
In the past 12 months, insiders at NTRB have not bought or sold any shares.
Dig into more about who owns NTRB shares here.
Can I rely on NTRB as an income stream?
No, Nutriband doesn't provide an income stream by paying out dividends.
What others are saying about NTRB
One of the major 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: Place your NTRB buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
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 be sure you're buying or selling at an exact price, place a limit order.
Hit the Open button and eToro will place your order.
If you need additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Watch your investment in NTRB
Now that you own some shares in NTRB, you'll want to keep up with your new investment.
Make a watchlist to get alerted to the latest events about your NTRB stock.
NTRB Feed
How to Buy Stock in Nutriband
To summarize, here are the 6 steps to buy stock in Nutriband:
- Choose where to buy Nutriband stock
- Sign up for your brokerage account
- Put funds into your investment account
- Research Nutriband stock
- Place your NTRB buy order
- Watch your investment in NTRB
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Nutriband, create a watchlist today.
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