How to Buy Portage Biotech Stock
Portage Biotech Inc
Portage Biotech Inc. , together with its subsidiaries, researches and develops pharmaceutical and biotechnology products.
Portage Biotech stock last closed at $0.24, up 8.6% from the previous day, and has decreased 92.73% in one year. It has underperformed other stocks in the Biotechnology industry by 0.66 percentage points. Portage Biotech stock is currently +20% from its 52-week low of $0.20, and -94.55% from its 52-week high of $4.40.
As of Apr 18, 2024, there are 19.78M shares of PRTG outstanding. The market value of PRTG is $4.75M. In the last 24 hours, 136,603 PRTG shares were traded.
How to Buy Portage Biotech Stock
Wondering how to invest in Portage Biotech stock? Here's how.
- Figure out where to buy Portage Biotech stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Portage Biotech stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Research Portage Biotech stock: The Portage Biotech ticker symbol is PRTG. Is Portage Biotech stock a good investment? Should you buy shares of PRTG? How do PRTG's underlying business fundamentals look? Do top analysts think Portage Biotech is a good buy? Why has PRTG's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PRTG is a good stock to buy).
- Place your PRTG trade: Decide if you will purchase PRTG shares at the current market price or use a limit order to purchase PRTG shares at a specific price.
- Get the latest news on your investment in PRTG: Create a watchlist to keep tabs on your new investment in Portage Biotech shares.
Step 1: Figure out where to buy Portage Biotech stock
You will need an online brokerage account to access the NASDAQ market and buy PRTG stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro offers a community with 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 brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in PRTG today.
How to Create 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.
- Enter your personal details to start a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on stock market app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details transferring money into your investment account.
Step 4: Research Portage Biotech stock
Once you have chosen the best place to buy Portage Biotech stock, it's crucial to research their stock prior to buying, so you can understand the risk as well as the opportunity.
Portage Biotech quick stats
PRTG Fundamentals
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PRTG's stock page.
Is PRTG stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge PRTG's fair value.
Using relative valuations methods:
- PRTG may be undervalued based on its P/B ratio of 0.15x, relative to Biotechnology industry P/B ratio of 5.76x
You can do more valuation research on PRTG's stock here.
How do PRTG Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the PRTG balance sheet.
Failed Financial Due Diligence Checks:
- PRTG has $5.34M in cash and short term investments. This is not enough to cover its annual cash burn of $15.86M.
- There are more long-term liabilities than short-term assets on the PRTG balance sheet.
- PRTG has cash burn of 15857000. It does not have sufficient cash and short-term investments to cover this.
- PRTG has a relatively high debt to equity ratio of 0.55.
Is Portage Biotech stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who track PRTG, the consensus analyst rating on PRTG is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Portage Biotech stock forecast page.
PRTG Technicals
What are PRTG insiders up to?
In the past 12 months, executives and large shareholders at PRTG have not bought or sold any shares.
Research more about who owns PRTG stock here.
Does PRTG provide a stable income stream?
No, Portage Biotech doesn't provide an income stream by paying out dividends.
What others are saying about PRTG
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your PRTG trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally 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 an exact price, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you want additional help with buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in PRTG
Now that you own some PRTG stock, you'll want to stay up-to-date on your new shares.
Make a watchlist to track the most important metrics related to your PRTG stock.
PRTG Feed
How to Buy Stock in Portage Biotech
To reiterate, here are the 6 steps for buying Portage Biotech stock:
- Figure out where to buy Portage Biotech stock
- Open your brokerage account
- Fund your brokerage account
- Research Portage Biotech stock
- Place your PRTG trade
- Get the latest news on your investment in PRTG
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your new investment in Portage Biotech, add PRTG to your watchlist below.
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