How to Buy Phio Pharmaceuticals Stock
Phio Pharmaceuticals Corp
Phio Pharmaceuticals Corp. develops immuno-oncology therapeutics in the United States. It offers INTASYL therapeutic platform focuses on targeting tumor and immune cells by regulating genes of the immune system.
Phio Pharmaceuticals stock last closed at $0.83, up 29.69% from the previous day, and has decreased 75.22% in one year. It has underperformed other stocks in the Biotechnology industry by 0.52 percentage points. Phio Pharmaceuticals stock is currently +66% from its 52-week low of $0.50, and -87.88% from its 52-week high of $6.85.
As of Apr 22, 2024, there are 4.59M shares of PHIO outstanding. The market cap of PHIO is $3.81M. In the past 24 hours, 7.17M PHIO shares were traded.
How to Buy Phio Pharmaceuticals Stock
Not sure how to invest in Phio Pharmaceuticals stock? Here's how.
- Figure out where to buy Phio Pharmaceuticals stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Phio Pharmaceuticals stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your method of payment and add your details.
- Evaluate Phio Pharmaceuticals stock: The Phio Pharmaceuticals ticker symbol is PHIO. Is Phio Pharmaceuticals stock a good investment? Should you buy shares of PHIO? How do PHIO's underlying business fundamentals look? Do top analysts think Phio Pharmaceuticals is a good buy? Why has PHIO's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if PHIO is a good stock to buy).
- Make your PHIO purchase: Decide if you will purchase PHIO shares at the current market price or use a limit order to buy PHIO stock at a particular price.
- Keep an eye on your PHIO position: Create a watchlist to keep track of your position in Phio Pharmaceuticals stock.
Step 1: Figure out where to buy Phio Pharmaceuticals stock
You need an online brokerage account to access the NASDAQ market and buy PHIO stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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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 other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you can buy PHIO stock today.
How to Start a New 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.
- Provide your personal data to create your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've finished signing up on stock market app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing money into your investment account.
Step 4: Evaluate Phio Pharmaceuticals stock
Once you have selected the best place to buy Phio Pharmaceuticals stock, it's very important to research their stock before you buy, so you can understand the risk and opportunity.
Phio Pharmaceuticals stock at a glance
Phio Pharmaceuticals Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on PHIO's stock page.
Is PHIO stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PHIO's intrinsic value.
Using relative valuations ratios:
- PHIO could be undervalued based on its P/B ratio of 0.49x, relative to Biotechnology industry P/B ratio of 5.82x
You can access more valuation research on PHIO's stock here.
A quick look at PHIO Financials
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the PHIO balance sheet.
- PHIO has a low debt to equity ratio of 0.21.
- There are more short-term assets than long-term liabilities on the PHIO balance sheet.
Negative Financial Indicators:
- PHIO has $8.49M in cash and short term investments. This is not enough to cover its annual cash burn of $10.75M.
- PHIO has cash burn of 10754000. It does not have enough cash and short-term investments to cover this.
- Total PHIO debt is higher than 5 years ago, relative to shareholder equity.
Is Phio Pharmaceuticals stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who give recommendations on PHIO, the consensus analyst rating on PHIO is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Phio Pharmaceuticals stock forecast page.
PHIO Technicals
PHIO Performance Numbers
Last year, PHIO revenue was $0.00. Over the last 5 year, PHIO's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 28.97%.
Dig into PHIO's earnings and revenue performance here.
What are PHIO insiders up to?
In the past year, insiders at PHIO have bought more shares than they have sold.
Caitlin Kontulis, Secretary VP Finance Admin of PHIO, was the latest PHIO insider to sell. They sold $320.93 worth of PHIO stock on Mar 1, 2024.
Learn more about who owns PHIO shares here.
Can I rely on PHIO as an income stream?
No, Phio Pharmaceuticals doesn't provide an income stream by paying out dividends.
What do other traders have to say about PHIO?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your PHIO purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you 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 limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you want more help investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your PHIO position
Now that you own some shares in PHIO, you'll want to stay up-to-date on your company.
Start a watchlist to see the latest developments about your PHIO stock.
PHIO Feed
How to Buy Stock in Phio Pharmaceuticals
To reiterate, here are the 6 steps to buy stock in Phio Pharmaceuticals:
- Figure out where to buy Phio Pharmaceuticals stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Phio Pharmaceuticals stock
- Make your PHIO purchase
- Keep an eye on your PHIO position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Phio Pharmaceuticals, click the button below.
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