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How to Buy Painreform Stock

Painreform Ltd

PainReform Ltd. , a clinical stage specialty pharmaceutical company, engages in the development of therapeutics that provides an extended period of post-surgical pain relief in Israel.

Painreform stock last closed at $0.86, down 3.71% from the previous day, and has decreased 85.72% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.75 percentage points. Painreform stock is currently +24.2% from its 52-week low of $0.69, and -96.76% from its 52-week high of $26.41.

There are currently 1.73M PRFX shares outstanding. The market capitalization of PRFX is $1.48M. In the past 24 hours, 23,121 PRFX shares were traded.

How to Buy Painreform Stock

Not sure how to invest in Painreform stock? Here's how.
  1. Decide where to buy Painreform stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Painreform stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Select your payment method and add your information.
  4. Evaluate Painreform stock: The Painreform ticker symbol is PRFX. Is Painreform stock a good investment? Should you buy shares of PRFX? How do PRFX's underlying business fundamentals look? Do top analysts think Painreform is a good buy? Why has PRFX's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PRFX is a good stock to buy).
  5. Execute your PRFX purchase: Decide if you will purchase PRFX shares at the current market price or use a limit order to buy PRFX stock at a particular price.
  6. Get notifications regarding your investment in PRFX: Create a watchlist to get live updates on your position in Painreform shares.

Step 1: Decide where to buy Painreform stock

You need a brokerage account to access the NASDAQ market and buy PRFX shares.

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

Our preferred brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. Here's why:

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you need to fill out some personal details so you are able to invest in PRFX stock today.

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  1. Click here to get started.
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  2. Enter your personal info to start your new trading account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've opened your account on investing apps, you need to deposit funds:

Watch the video below for more details depositing funds into your brokerage account.

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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.

Step 4: Evaluate Painreform stock

Once you have figured out the best place to buy Painreform stock, it's important to analyze their stock prior to buying, so you can comprehend the risk as well as the upside.

Painreform quick stats

PRFX Price
$0.86
1w %
-5.93%
1y %
-85.72%
5y %
N/A
P/E
-0.12x
P/B
0.2x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$9.34M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.48M
Next Earnings
May 13, 2024
Next Dividend
N/A

Painreform Zen Score

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

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

How is PRFX stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge PRFX's true value.

Using relative valuations ratios:

  • PRFX could be undervalued based on its P/B ratio of 0.2x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.06x

You can do additional valuation analysis on PRFX's stock here.

A quick look at PRFX Financials

Passed Health Checks:

  • Total PRFX debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the PRFX balance sheet.
  • PRFX has a low debt to equity ratio of 0.37.
  • PRFX has cash burn of 6688000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the PRFX balance sheet.

Failed Health Checks:

  • PRFX has $8.04M in cash and short term investments. This is not sufficient to cover its annual cash burn of $6.69M.

Metrics for Advanced PRFX Traders

SMA10
0.94
SMA20
1.32
SMA50
1.72
SMA100
2.07
SMA200
3.21
MACD
-0.28
MACD Signal
-0.24
MACD Histogram
-0.03
RSI
23.94
Stochastic %K
9.46
Stochastic %D
9.71
StochRSI %K
26.37
StochRSI %D
23.62

Latest Insiders Trades at PRFX

In the past 12 months, executives and large shareholders at PRFX have not bought or sold any shares.

Dig into more about who owns PRFX stock here.

Can I rely on PRFX as an income stream?

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

Get opinions from other traders

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

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

Step 5: Execute your PRFX purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.

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

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Step 6: Get notifications regarding your investment in PRFX

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

Start a watchlist to keep track of your PRFX stock.

PRFX Feed

How to Buy Stock in Painreform

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

  1. Decide where to buy Painreform stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Painreform stock
  5. Execute your PRFX purchase
  6. Get notifications regarding your investment in PRFX

If you need a brokerage, eToro is our favorite option.

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.

If you would like to keep track of your investment in Painreform, get started below.

NASDAQ: PRFX
$0.86-0.03 (-3.71%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: PRFX
$0.86-0.03 (-3.71%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Painreform share?

As of Apr 24, 2024, it costs $0.86 to buy one share of Painreform stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.43, you can buy 0.5 shares of PRFX.

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 Painreform stock?

One way to place an order for Painreform 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.