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How to Buy Outlook Therapeutics Stock

Outlook Therapeutics Inc

Outlook Therapeutics, Inc. , a late clinical-stage biopharmaceutical company, focuses on developing and commercializing monoclonal antibodies for various ophthalmic indications.

Outlook Therapeutics stock last closed at $8.19, down 0.12% from the previous day, and has decreased 62.43% in one year. It has underperformed other stocks in the Biotechnology industry by 0.39 percentage points. Outlook Therapeutics stock is currently +104.55% from its 52-week low of $4.00, and -79.83% from its 52-week high of $40.60.

As of Apr 25, 2024, there are 13.01M OTLK shares outstanding. The market value of OTLK is $106.58M. In the last 24 hours, 150,455 OTLK shares were traded.

How to Buy Outlook Therapeutics Stock

Not sure how to invest in Outlook Therapeutics stock? Here's how.
  1. Decide where to buy Outlook Therapeutics stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Outlook Therapeutics stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your information.
  4. Research Outlook Therapeutics stock: The Outlook Therapeutics ticker symbol is OTLK. Is Outlook Therapeutics stock a good investment? Should you buy shares of OTLK? How do OTLK's underlying business fundamentals look? Do top analysts think Outlook Therapeutics is a good buy? Why has OTLK's stock price moved recently? (Hint: Our stock market analysis website can help you decide if OTLK is a good stock to buy).
  5. Place your OTLK buy order: Decide if you will purchase OTLK shares at the current market price or use a limit order to buy OTLK stock at a specific price.
  6. Get key alerts regarding your OTLK position: Create a watchlist to get live updates on your new investment in Outlook Therapeutics stock.

Step 1: Decide where to buy Outlook Therapeutics stock

You will need an online brokerage account in order to access the NASDAQ market and buy OTLK shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal info so you can invest in OTLK stock today.

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Step 3: Deposit money your investment account

Now that you have created your account on apps for stocks, you can securely and quickly fund your account:

Watch the tutorial below for more details transferring funds into your new brokerage account.

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Step 4: Research Outlook Therapeutics stock

Once you have chosen the best place to buy Outlook Therapeutics stock, it's important to analyze their stock before you buy, so you actually wrap your head around the risk as well as the upside.

Overview of key OTLK info

OTLK Price
$8.19
1w %
-1.21%
1y %
-62.43%
5y %
-68.98%
P/E
-2.05x
P/B
-4.38x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$51.50M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$106.58M
Next Earnings
May 13, 2024
Next Dividend
N/A

Outlook Therapeutics Fundamentals

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on OTLK's stock page.

Is OTLK stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge OTLK's intrinsic value.

You can do more valuation research on OTLK's stock here.

OTLK Financial Overview

Passed Financial Due Diligence Checks:

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

Failed Financial Due Diligence Checks:

  • OTLK has $10.36M in cash and short term investments. This is not sufficient to cover its annual cash burn of $47.10M.
  • Total OTLK debt is still negative.
  • There are more short-term liabilities than short-term assets on the OTLK balance sheet.
  • OTLK has cash burn of 47104321. It does not have sufficient cash and short-term investments to cover this.
  • OTLK debt to equity ratio of -1.89 is negative.

Is OTLK stock a Buy, Hold, or Sell, according to analysts?

Out of 7 sell side analysts who monitor OTLK, the consensus analyst rating on OTLK is a Strong Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

Most Recent OTLK Analyst Upgrades/Downgrades

Zegbeh Jallah, a top 3% analyst from Capital One Financial upgrades OTLK to a buy rating and announces their OTLK price target of $100.00, on Dec 27, 2023.

Douglas Tsao, a top 18% analyst from HC Wainwright & Co. maintains OTLK with a buy rating and raises their OTLK price target from $20.00 to $40.00, on Nov 3, 2023.

You can dive deeper into what analysts are saying on the Outlook Therapeutics stock forecast page.

OTLK Technicals

SMA10
8.38
SMA20
9.01
SMA50
8.51
SMA100
8.31
SMA200
11.92
MACD
-0.11
MACD Signal
0.02
MACD Histogram
-0.13
RSI
45.5
Stochastic %K
18.2
Stochastic %D
15.5
StochRSI %K
11.99
StochRSI %D
7.98

Is OTLK Making Money?

Last year, OTLK revenue was $0.00. In the past five year, OTLK's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 28.62%.

Dive into OTLK's earnings and revenue performance here.

What are OTLK executives and large shareholders up to?

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

Yezan Munther Haddadin, Director of OTLK, was the latest OTLK insider to buy. They bought $22,233.42 worth of OTLK shares on Mar 28, 2024.

Learn more about who owns OTLK stock here.

Can I get consistent income from OTLK stock?

No, Outlook Therapeutics doesn't provide an income stream by paying out dividends.

What do other investors have to say about OTLK?

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Step 5: Place your OTLK buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, place a limit order.

Click the Open button and your broker will place your order.

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Step 6: Get key alerts regarding your OTLK position

Now that you own some OTLK stock, you'll want to keep up with your shares.

Start a watchlist to get the latest updates about your OTLK stock.

OTLK Feed

How to Buy Stock in Outlook Therapeutics

To reiterate, here are the 6 steps to buy stock in Outlook Therapeutics:

  1. Decide where to buy Outlook Therapeutics stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Outlook Therapeutics stock
  5. Place your OTLK buy order
  6. Get key alerts regarding your OTLK position

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If you would like to watch your investment in Outlook Therapeutics, create your watchlist below.

NASDAQ: OTLK
$8.19-0.01 (-0.12%)
Updated Apr 25, 2024
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NASDAQ: OTLK
$8.19-0.01 (-0.12%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Outlook Therapeutics share?

As of Apr 25, 2024, it costs $8.19 to buy one share of Outlook Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.488 shares of OTLK.

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.

Is now a good time to buy Outlook Therapeutics stock?

According to 7 Wall Street analysts who monitor Outlook Therapeutics, their consensus recommendation is to buy Outlook Therapeutics stock.

What is the best way to buy Outlook Therapeutics stock?

One way to place an order for Outlook Therapeutics 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.