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 $1.32, up 8.2% from the previous day, and has increased 38.66% in one year. It has overperformed other stocks in the Biotechnology industry by 0.61 percentage points. Passage Bio stock is currently +129.57% from its 52-week low of $0.58, and -26.26% from its 52-week high of $1.79.
At the moment, there are 55.6M shares of PASG outstanding. The market cap of PASG is $73.39M. In the past 24 hours, 75,711 PASG shares were traded.
How to Buy Passage Bio Stock
Wondering how to invest in Passage Bio stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- 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.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 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.
How to Set Up a New Brokerage 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 info to create your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
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.
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
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 0.66x, relative to Biotechnology industry P/B ratio of 5.85x
You can do additional valuation analysis on PASG's stock here.
PASG Financials at a glance
Pros:
- PASG has $114.29M in cash and short term investments. This is sufficient to cover its annual cash burn of $78.41M.
- PASG has a low debt to equity ratio of 0.35.
- There are more short-term assets than long-term liabilities on the PASG balance sheet.
- There are more short-term assets than short-term liabilities on the PASG balance sheet.
- PASG has cash burn of 78410000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total PASG debt is lower than 5 years ago, relative to shareholder equity.
Is it a good time to buy Passage Bio stock, according to analysts?
Out of 2 sell side analysts who give ratings on PASG, the consensus analyst rating on PASG is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Passage Bio stock forecast page.
PASG Momentum
Who is buying/selling PASG?
Over the past year, executives and large shareholders at PASG have bought more shares than they have sold.
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 shares here.
Can I rely on PASG as an income stream?
No, Passage Bio doesn't provide an income stream by paying out dividends.
What others are saying about PASG
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your PASG purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your PASG investment
Now that you own some PASG shares, you'll want to keep up with your company.
Make a watchlist to get alerted to the latest events about your PASG stock.
PASG Feed
How to Buy Stock in Passage Bio
To reiterate, here are the 6 steps you need to take to buy Passage Bio stock right now:
- Figure out where to buy Passage Bio stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Research Passage Bio stock
- Execute your PASG purchase
- Keep an eye on your PASG investment
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Passage Bio, create a watchlist on WallStreetZen today.
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