How to Buy Okyo Pharma Stock
Okyo Pharma Ltd
OKYO Pharma Limited, a preclinical biopharmaceutical company, engages in developing therapeutics for patients suffering from inflammatory eye diseases and ocular pain in the United Kingdom.
Okyo Pharma stock last closed at $1.50, up 2.67% from the previous day, and has increased 6.38% in one year. It has overperformed other stocks in the Biotechnology industry by 0.3 percentage points. Okyo Pharma stock is currently +63.04% from its 52-week low of $0.92, and -53.85% from its 52-week high of $3.25.
As of Apr 30, 2024, there are 25.55M shares of OKYO outstanding. The market cap of OKYO is $38.33M. In the last 24 hours, 2903 OKYO shares were traded.
How to Buy Okyo Pharma Stock
Not sure how to invest in Okyo Pharma stock? Here's how.
- Figure out where to buy Okyo Pharma stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Okyo Pharma stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your details.
- Evaluate Okyo Pharma stock: The Okyo Pharma ticker symbol is OKYO. Is Okyo Pharma stock a good investment? Should you buy shares of OKYO? How do OKYO's underlying business fundamentals look? Do top analysts think Okyo Pharma is a good buy? Why has OKYO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if OKYO is a good stock to buy).
- Make your OKYO buy order: Decide if you will purchase OKYO shares at the current market price or use a limit order to buy OKYO stock at a particular price.
- Get the latest scoop on your OKYO position: Create a watchlist to the latest updates on your position in Okyo Pharma shares.
Step 1: Figure out where to buy Okyo Pharma stock
You will need a brokerage account to access the NASDAQ market and buy OKYO stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can buy OKYO stock 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.
- Input your personal details to open a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best stock broker app, you need to deposit funds:
Watch this video walkthrough for more details depositing funds into your new investment account.
Step 4: Evaluate Okyo Pharma stock
Once you have identified the best place to buy Okyo Pharma stock, it's crucial to evaluate their stock prior to buying, so you actually wrap your head around the risk and upside.
Okyo Pharma stock data
OKYO Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on OKYO's stock page.
Is OKYO stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge OKYO's fair value.
You can access more valuation analysis on OKYO's stock here.
OKYO Financial Health Overview
Pros:
- There are more short-term assets than long-term liabilities on the OKYO balance sheet.
Cons:
- OKYO debt to equity ratio of -3.53 is negative.
- Total OKYO debt is still negative.
- There are more short-term liabilities than short-term assets on the OKYO balance sheet.
- OKYO has cash burn of 7701158. It does not have enough cash and short-term investments to cover this.
- OKYO has $4.05M in cash and short term investments. This is not enough to cover its annual cash burn of $7.70M.
Do analysts think it's a good time to buy OKYO stock
Out of 1 sell side analysts who monitor OKYO, the consensus analyst rating on Okyo Pharma is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Okyo Pharma stock forecast page.
OKYO Trading Indicators
What are OKYO executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at OKYO have bought more shares than they have sold.
Gabriele M. Cerrone, Executive Chairman of OKYO, was the latest OKYO insider to buy. They bought $105,106.50 worth of OKYO stock on Oct 27, 2023.
Learn more about who owns OKYO shares here.
Can I get consistent income from OKYO stock?
No, Okyo Pharma doesn't provide an income stream by paying out dividends.
What others are saying about OKYO
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your OKYO buy order
There are two primary options:
- 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 fine. - Limit order: A limit order allows 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 specific dollar amount limit, use a limit order.
Press the Open button and your broker will execute the order.
If you want additional help with buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your OKYO position
Now that you own some shares in OKYO, you'll want to keep up with your new stock purchase.
Create a watchlist to monitor your OKYO stock.
OKYO Feed
How to Buy Stock in Okyo Pharma
To summarize, here are the 6 steps you need to take to buy Okyo Pharma stock right now:
- Figure out where to buy Okyo Pharma stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Okyo Pharma stock
- Make your OKYO buy order
- Get the latest scoop on your OKYO position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Okyo Pharma, create a watchlist on WallStreetZen today.
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