How to Buy Petros Pharmaceuticals Stock
Petros Pharmaceuticals Inc
Petros Pharmaceuticals, Inc. , a pharmaceutical company, focuses on men's health therapeutics.
Petros Pharmaceuticals stock last closed at $0.69, down 2.13% from the previous day, and has decreased 82.12% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.71 percentage points. Petros Pharmaceuticals stock is currently +7.81% from its 52-week low of $0.64, and -92.77% from its 52-week high of $9.54.
As of Apr 17, 2024, there are 6.88M PTPI shares outstanding. The market cap of PTPI is $4.74M. In the last 24 hours, 457,077 PTPI shares were traded.
How to Buy Petros Pharmaceuticals Stock
Not sure how to invest in Petros Pharmaceuticals stock? Here's how.
- Decide where to buy Petros Pharmaceuticals stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Petros Pharmaceuticals stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- Research Petros Pharmaceuticals stock: The Petros Pharmaceuticals ticker symbol is PTPI. Is Petros Pharmaceuticals stock a good investment? Should you buy shares of PTPI? How do PTPI's underlying business fundamentals look? Do top analysts think Petros Pharmaceuticals is a good buy? Why has PTPI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PTPI is a good stock to buy).
- Make your PTPI purchase: Decide if you will purchase PTPI shares at the current market price or use a limit order to purchase PTPI stock at a particular price.
- Keep an eye on your PTPI position: Create a watchlist to monitor your position in Petros Pharmaceuticals stock.
Step 1: Decide where to buy Petros Pharmaceuticals stock
You need a brokerage account in order to access the NASDAQ market and buy PTPI shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can invest in PTPI 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.
- Enter your personal details to create your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on a investment app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring money into your new brokerage account.
Step 4: Research Petros Pharmaceuticals stock
After you have selected the best place to buy Petros Pharmaceuticals stock, it's very important to research their stock prior to buying, so you actually wrap your head around the risk and upside.
Petros Pharmaceuticals stock at a glance
PTPI Fundamentals
WallStreetZen was designed to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on PTPI's stock page.
Is PTPI stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge PTPI's fair value.
Using relative valuations methods:
- PTPI could be undervalued based on its P/B ratio of 0.39x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.04x
You can do additional valuation research on PTPI's stock here.
PTPI Financial Overview
Pros:
- There are more short-term assets than short-term liabilities on the PTPI balance sheet.
- There are more short-term assets than long-term liabilities on the PTPI balance sheet.
- PTPI has $13.34M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.63M.
- Total PTPI debt is lower than 5 years ago, relative to shareholder equity.
- PTPI has cash burn of 7626529. It has enough cash and short-term investments to cover this for at least one year.
Cons:
- PTPI profit margin has gone up by 0.97 percentage points in the past year, but the company is still unprofitable.
- PTPI has a relatively high debt to equity ratio of 1.77.
Do analysts think it's a good time to buy PTPI stock
Out of 1 Equities analysts who research PTPI, the consensus analyst rating on PTPI is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Petros Pharmaceuticals stock forecast page.
PTPI Technicals
PTPI Growth Numbers
Last year, PTPI revenue was $5.82M. During the past four year, PTPI's revenue has grown by -21.81% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 31.98%.
Find out more about PTPI's earnings and revenue performance here.
Who is buying/selling PTPI?
Over the last year, insiders at PTPI have not bought or sold any shares.
Dig into more about who owns PTPI stock here.
Does PTPI provide a stable income stream?
No, Petros Pharmaceuticals doesn't provide an income stream by paying out dividends.
PTPI Social Trading Data
One of the biggest 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: Make your PTPI purchase
There are two main 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 generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price, place a limit order.
Press the Open button and your broker will place the order.
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Step 6: Keep an eye on your PTPI position
Now that you own some PTPI shares, you'll want to keep up with your company.
Start a watchlist to see the latest developments about your PTPI stock.
PTPI Feed
How to Buy Stock in Petros Pharmaceuticals
To summarize, here are the 6 steps to buy Petros Pharmaceuticals stock:
- Decide where to buy Petros Pharmaceuticals stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Research Petros Pharmaceuticals stock
- Make your PTPI purchase
- Keep an eye on your PTPI position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Petros Pharmaceuticals, hit the button below to create your watchlist.
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