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How to Buy Passage Bio Stock

Passage Bio Inc

Passage Bio, Inc. , a genetic medicines company, develops transformative therapies for central nervous system diseases.

Passage Bio stock last closed at $0.70, up 10% from the previous day, and has decreased 8.57% in one year. It has overperformed other stocks in the Biotechnology industry by 0.02 percentage points. Passage Bio stock is currently +22.43% from its 52-week low of $0.58, and -60.67% from its 52-week high of $1.79.

At the moment, there are 61.77M shares of PASG outstanding. The market cap of PASG is $43.48M. In the past 24 hours, 175,461 PASG shares were traded.

How to Buy Passage Bio Stock

Wondering how to invest in Passage Bio stock? Here's how.
  1. Figure out where to buy Passage Bio stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Passage Bio stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Pick your payment method and add your information.
  4. Research Passage Bio stock: The Passage Bio ticker symbol is PASG. Is Passage Bio stock a good investment? Should you buy shares of PASG? How do PASG's underlying business fundamentals look? Do top analysts think Passage Bio is a good buy? Why has PASG's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if PASG is a good stock to buy).
  5. Execute your PASG purchase: Decide if you will purchase PASG shares at the current market price or use a limit order to purchase PASG stock at a particular price.
  6. Keep an eye on your PASG investment: Create a watchlist to key updates about your position in Passage Bio stock.

Step 1: Figure out where to buy Passage Bio stock

You will need a brokerage account to access the NASDAQ market and buy PASG stock.

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

Our preferred brokerage: eToro

Based on our research, eToro is the best place to buy stocks. eToro gives you:

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  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
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Step 2: Open a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal details so you can buy PASG stock today.

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  2. Input your personal info to create your new brokerage account.
  1. Send your data by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have created your account on the best beginner stock app, you need to deposit funds:

Check out the walkthrough below to see the process of depositing funds into your brokerage account.

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Step 4: Research Passage Bio stock

Once you have selected the best place to buy Passage Bio stock, it's important to analyze their stock before you buy, so you actually wrap your head around the risk and opportunity.

Passage Bio shares quick numbers

PASG Price
$0.70
1w %
0.43%
1y %
-8.57%
5y %
N/A
P/E
-0.52x
P/B
0.48x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$76.57M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$43.48M
Next Earnings
N/A
Next Dividend
N/A

Passage Bio Overview

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

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

Is PASG stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge PASG's intrinsic value.

Using relative valuations ratios:

  • PASG may be undervalued based on its P/B ratio of 0.48x, relative to Biotechnology industry P/B ratio of 6.22x

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

PASG Financials at a glance

Pros:

  • PASG has $91.77M in cash and short term investments. This is sufficient to cover its annual cash burn of $70.76M.
  • PASG has a low debt to equity ratio of 0.39.
  • PASG has cash burn of 70761000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the PASG balance sheet.
  • There are more short-term assets than long-term liabilities on the PASG balance sheet.

Is it a good time to buy PASG stock, according to analysts?

Out of 1 Wall Street analysts who give ratings on PASG, the consensus analyst rating on Passage Bio is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Passage Bio stock forecast page.

PASG Momentum

SMA10
0.72
SMA20
0.73
SMA50
0.83
SMA100
1.02
SMA200
1.05
MACD
-0.05
MACD Signal
-0.05
MACD Histogram
0
RSI
44.16
Stochastic %K
20.87
Stochastic %D
13.31
StochRSI %K
26.86
StochRSI %D
17.63

What are PASG executives and large shareholders up to?

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

Kathleen Borthwick, SVP INTERIM CFO of PASG, was the latest PASG insider to sell. They sold $1,425.90 worth of PASG shares on Feb 13, 2024.

Research more about who owns PASG stock here.

Can I get consistent income from PASG stock?

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

PASG Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Execute your PASG purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, place a limit order.

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

If you want more info about investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep an eye on your PASG investment

Now that you own some shares in PASG, you'll want to keep up with your investment.

Add PASG to a watchlist to track your PASG stock.

PASG Feed

How to Buy Stock in Passage Bio

To summarize, here are the 6 steps for buying Passage Bio stock:

  1. Figure out where to buy Passage Bio stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Passage Bio stock
  5. Execute your PASG purchase
  6. Keep an eye on your PASG investment

If you need a place to buy stocks, eToro is our favorite venue.

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 an eye on your new investment in Passage Bio, click the button below.

NASDAQ: PASG
$0.70+0.06 (+10%)
Updated Sep 6, 2024
Open eToro Account
NASDAQ: PASG
$0.70+0.06 (+10%)
Updated Sep 6, 2024
Open eToro Account

FAQ

How much does it cost to buy one Passage Bio share?

As of Sep 6, 2024, it costs $0.70 to buy one share of Passage Bio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.35, you can buy 0.5 shares of PASG.

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 Passage Bio stock?

According to 1 Wall Street analysts who monitor Passage Bio, their consensus recommendation is to buy Passage Bio stock.

What is the best way to buy Passage Bio stock?

One way to place an order for Passage Bio 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.