How to Buy Promis Neurosciences Stock
Promis Neurosciences Inc
ProMIS Neurosciences, Inc. discovers and develops precision medicine solutions for the treatment of neurodegenerative diseases, primarily Alzheimer's disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA) in Canada.
Promis Neurosciences stock last closed at $1.95, up 0% from the previous day, and has decreased 70.68% in one year. It has underperformed other stocks in the Biotechnology industry by 0.47 percentage points. Promis Neurosciences stock is currently +105.26% from its 52-week low of $0.95, and -78.21% from its 52-week high of $8.95.
As of Apr 25, 2024, there are 18.96M shares of PMN outstanding. The market cap of PMN is $36.97M. In the last 24 hours, 1430 PMN shares were traded.
How to Buy Promis Neurosciences Stock
Wondering how to invest in Promis Neurosciences stock? Here's how.
- Choose where to buy Promis Neurosciences stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Promis Neurosciences stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your method of payment and add your information.
- Research Promis Neurosciences stock: The Promis Neurosciences ticker symbol is PMN. Is Promis Neurosciences stock a good investment? Should you buy shares of PMN? How do PMN's underlying business fundamentals look? Do top analysts think Promis Neurosciences is a good buy? Why has PMN's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if PMN is a good stock to buy).
- Make your PMN purchase: Decide if you will purchase PMN shares at the current market price or use a limit order to buy PMN stock at a particular price.
- Watch your investment in PMN: Create a watchlist to key updates about your position in Promis Neurosciences stock.
Step 1: Choose where to buy Promis Neurosciences stock
You need a brokerage account in order to access the NASDAQ market and buy PMN shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to invest in PMN today.
How to Create 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 info to open your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on stock market apps, you need to deposit funds:
Watch the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Research Promis Neurosciences stock
After you have identified the best place to buy Promis Neurosciences stock, it's absolutely critical to research their stock before you invest, so you truly wrap your head around the risk and upside.
Promis Neurosciences Metrics
PMN Zen Score
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on PMN's stock page.
Is PMN stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PMN's fair value.
Using relative valuations methods:
- PMN could be overvalued based on its P/B ratio of 9.85x, relative to Biotechnology industry P/B ratio of 5.8x
You can do additional valuation research on PMN's stock here.
PMN Financial Health Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the PMN balance sheet.
- There are more short-term assets than long-term liabilities on the PMN balance sheet.
- PMN has cash burn of 10843676. It has enough cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- PMN has a relatively high debt to equity ratio of 2.63.
- PMN has $12.63M in cash and short term investments. This is not sufficient to cover its annual cash burn of $10.84M.
PMN Momentum
What are PMN insiders up to?
Over the last year, insiders at PMN have not bought or sold any shares.
Research more about who owns PMN shares here.
Does PMN provide a stable income stream?
No, Promis Neurosciences doesn't provide an income stream by paying out dividends.
What others are saying about PMN
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your PMN purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Watch your investment in PMN
Now that you own some PMN shares, you'll want to keep up with your new investment.
Add PMN to a watchlist to get notified of important updates regarding your PMN stock.
PMN Feed
How to Buy Stock in Promis Neurosciences
To summarize, here are the 6 steps you need to take to buy Promis Neurosciences stock right now:
- Choose where to buy Promis Neurosciences stock
- Create your brokerage account
- Fund your investment account
- Research Promis Neurosciences stock
- Make your PMN purchase
- Watch your investment in PMN
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Promis Neurosciences, click below.
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