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How to Buy Prophase Labs Stock

Prophase Labs Inc

ProPhase Labs, Inc. engages in the research, development, manufacture, distribution, marketing, and sale of over the counter (OTC) consumer healthcare products and dietary supplements in the United States.

Prophase Labs stock last closed at $5.16, up 5.31% from the previous day, and has decreased 34.1% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.29 percentage points. Prophase Labs stock is currently +27.41% from its 52-week low of $4.05, and -48.09% from its 52-week high of $9.94.

There are currently 18.05M shares of PRPH outstanding. The market value of PRPH is $93.11M. In the last 24 hours, 16,630 PRPH shares were traded.

How to Buy Prophase Labs Stock

Not sure how to invest in Prophase Labs stock? Here's how.
  1. Choose where to buy Prophase Labs stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Prophase Labs stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Choose your payment method and add your information.
  4. Analyze Prophase Labs stock: The Prophase Labs ticker symbol is PRPH. Is Prophase Labs stock a good investment? Should you buy shares of PRPH? How do PRPH's underlying business fundamentals look? Do top analysts think Prophase Labs is a good buy? Why has PRPH's stock price moved recently? (Hint: Our stock market research tools can help you figure out if PRPH is a good stock to buy).
  5. Execute your PRPH trade: Decide if you will purchase PRPH shares at the current market price or use a limit order to purchase PRPH shares at a given price.
  6. Monitor your PRPH position: Create a watchlist to track your investment in Prophase Labs shares.

Step 1: Choose where to buy Prophase Labs stock

You will need a brokerage account in order to access the NASDAQ market and buy PRPH stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to buy PRPH today.

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  2. Provide your personal details to open a new brokerage account.
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Step 3: Put funds into your brokerage account

Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:

Watch this video walkthrough if you need help depositing funds into your brokerage account.

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Step 4: Analyze Prophase Labs stock

After you have chosen the best place to buy Prophase Labs stock, it's crucial to research their stock prior to investing, so you can understand the risk as well as the opportunity.

Prophase Labs quick stats

PRPH Price
$5.16
1w %
-29.8%
1y %
-34.1%
5y %
71.43%
P/E
-5.27x
P/B
1.89x
P/S
2x
PEG
N/A
Revenue
$44.38M
Earnings
-$16.78M
Fore. Rev. Growth
29.85%
Fore. Earn. Growth
N/A
Market Cap
$93.11M
Next Earnings
May 9, 2024
Next Dividend
N/A

Fundamentals of Prophase Labs

WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on PRPH's stock page.

Is PRPH stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PRPH's intrinsic value.

Using relative valuations methods:

  • PRPH may be undervalued based on its P/B ratio of 1.89x, relative to Diagnostics & Research industry P/B ratio of 4.24x

You can do additional valuation analysis on PRPH's stock here.

PRPH Financial Overview

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the PRPH balance sheet.
  • There are more short-term assets than long-term liabilities on the PRPH balance sheet.

Negative Financial Indicators:

  • PRPH has cash burn of 14457000. It does not have sufficient cash and short-term investments to cover this.
  • PRPH has $5.28M in cash and short term investments. This is not sufficient to cover its annual cash burn of $14.46M.
  • PRPH has a relatively high debt to equity ratio of 0.86.
  • PRPH profit margin has gone down from 15.1% to -37.8% in the past year.
  • Total PRPH debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Prophase Labs stock

Out of 1 Wall Street analysts who monitor PRPH, the consensus analyst rating on Prophase Labs is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Prophase Labs stock forecast page.

PRPH Trading Indicators

SMA10
5.96
SMA20
6.25
SMA50
5.51
SMA100
5.18
SMA200
5.21
MACD
-0.05
MACD Signal
0.18
MACD Histogram
-0.23
RSI
42.02
Stochastic %K
6.36
Stochastic %D
7.17
StochRSI %K
3.13
StochRSI %D
1.04

PRPH Earnings

Last year, PRPH revenue was $44.38M. During the past five year, PRPH's revenue has increased by 27.59% per year. This was faster than the Diagnostics & Research industry average of 12.5%.

Learn more about PRPH's earnings and revenue performance here.

Who is buying/selling PRPH?

Over the last year, insiders at PRPH have not bought or sold any shares.

Get more info about who owns PRPH stock here.

Can I rely on PRPH as an income stream?

No, Prophase Labs doesn't provide an income stream by paying out dividends.

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Step 5: Execute your PRPH trade

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 mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

Hit the Open button and your broker will execute the order.

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Step 6: Monitor your PRPH position

Now that you own some PRPH stock, you'll want to stay up-to-date on your new investment.

Start a watchlist to see the latest developments about your PRPH stock.

PRPH Feed

How to Buy Stock in Prophase Labs

To reiterate, here are the 6 steps for buying Prophase Labs stock:

  1. Choose where to buy Prophase Labs stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Prophase Labs stock
  5. Execute your PRPH trade
  6. Monitor your PRPH position

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Prophase Labs, hit the button below to create your watchlist.

NASDAQ: PRPH
$5.16+0.26 (+5.31%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: PRPH
$5.16+0.26 (+5.31%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Prophase Labs share?

As of Apr 23, 2024, it costs $5.16 to buy one share of Prophase Labs stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.388 shares of PRPH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Prophase Labs stock?

According to 1 Wall Street analysts who monitor Prophase Labs, their consensus recommendation is to buy Prophase Labs stock.

What is the best way to buy Prophase Labs stock?

One way to place an order for Prophase Labs stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.