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How to Buy Protara Therapeutics Stock

Protara Therapeutics Inc

Protara Therapeutics, Inc. , a clinical-stage biopharmaceutical company, engages in the identifying and advancing transformative therapies for the treatment of cancer and rare diseases.

Protara Therapeutics stock last closed at $4.01, up 0.25% from the previous day, and has increased 23.01% in one year. It has overperformed other stocks in the Biotechnology industry by 0.27 percentage points. Protara Therapeutics stock is currently +285.58% from its 52-week low of $1.04, and -18.99% from its 52-week high of $4.95.

As of Mar 28, 2024, there are 11.43M TARA shares outstanding. The market cap of TARA is $45.85M. In the past 24 hours, 83,563 TARA shares were traded.

How to Buy Protara Therapeutics Stock

Not sure how to invest in Protara Therapeutics stock? Here's how.
  1. Choose where to buy Protara Therapeutics stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Protara Therapeutics 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: Pick your payment method and add your details.
  4. Evaluate Protara Therapeutics stock: The Protara Therapeutics ticker symbol is TARA. Is Protara Therapeutics stock a good investment? Should you buy shares of TARA? How do TARA's underlying business fundamentals look? Do top analysts think Protara Therapeutics is a good buy? Why has TARA's stock price moved recently? (Hint: Our stock market research website can help you evaluate if TARA is a good stock to buy).
  5. Make your TARA buy order: Decide if you will purchase TARA shares at the current market price or use a limit order to buy TARA stock at a given price.
  6. Get notifications regarding your investment in TARA: Create a watchlist to watch your position in Protara Therapeutics stock.

Step 1: Choose where to buy Protara Therapeutics stock

You need an online brokerage account in order to access the NASDAQ market and buy TARA shares.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in TARA today.

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Step 3: Put funds into your brokerage account

Now that you've opened your account on the greatest app to buy stocks, you can securely and quickly fund your account:

Check out the walkthrough below if you need help depositing funds into your investment account.

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Step 4: Evaluate Protara Therapeutics stock

Once you have decided on the best place to buy Protara Therapeutics stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.

Protara Therapeutics Numbers

TARA Price
$4.01
1w %
2.82%
1y %
23.01%
5y %
-79.99%
P/E
-1.12x
P/B
0.67x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$40.42M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$45.85M
Next Earnings
May 2, 2024
Next Dividend
N/A

TARA Zen Score

WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on TARA's stock page.

Is TARA stock overvalued?

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

Using relative valuations metrics:

  • TARA could be undervalued based on its P/B ratio of 0.67x, relative to Biotechnology industry P/B ratio of 6.21x

You can access more valuation research on TARA's stock here.

TARA Financial Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the TARA balance sheet.
  • TARA has cash burn of 37602000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the TARA balance sheet.
  • TARA has a low debt to equity ratio of 0.16.

Negative Health Checks:

  • Total TARA debt is higher than 5 years ago, relative to shareholder equity.
  • TARA has $65.58M in cash and short term investments. This is not sufficient to cover its annual cash burn of $37.60M.

Is TARA stock a Buy, Hold, or Sell, according to analysts?

Out of 1 sell side analysts who give ratings on TARA, the consensus analyst rating on TARA is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Protara Therapeutics stock forecast page.

TARA Technical Indicators

SMA10
3.98
SMA20
3.92
SMA50
3.45
SMA100
2.54
SMA200
2.34
MACD
0.13
MACD Signal
0.15
MACD Histogram
-0.02
RSI
55.33
Stochastic %K
76.86
Stochastic %D
75.25
StochRSI %K
74.37
StochRSI %D
81.84

Are TARA executives and large shareholders buying or selling the stock?

Over the past year, insiders at TARA have sold more shares than they have bought.

Jathin Bandari, Chief Medical Officer of TARA, was the latest TARA insider to sell. They sold $5,498.89 worth of TARA shares on Jan 19, 2024.

Dig into more about who owns TARA stock here.

Can I rely on TARA as an income stream?

No, Protara Therapeutics doesn't provide an income stream by paying out dividends.

TARA Social Trading Data

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Step 5: Make your TARA buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    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 particular price, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Get notifications regarding your investment in TARA

Now that you own some shares in TARA, you'll want to keep up with your new investment.

Create a watchlist to track your TARA stock.

TARA Feed

How to Buy Stock in Protara Therapeutics

To reiterate, here are the 6 steps to buy stock in Protara Therapeutics:

  1. Choose where to buy Protara Therapeutics stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Protara Therapeutics stock
  5. Make your TARA buy order
  6. Get notifications regarding your investment in TARA

If you are looking for a brokerage, eToro is our recommended venue.

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If you would like to track your investment in Protara Therapeutics, create a watchlist today.

NASDAQ: TARA
$4.01+0.01 (+0.25%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: TARA
$4.01+0.01 (+0.25%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Protara Therapeutics share?

As of Mar 28, 2024, it costs $4.01 to buy one share of Protara Therapeutics 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 0.499 shares of TARA.

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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 Protara Therapeutics stock?

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

What is the best way to buy Protara Therapeutics stock?

One way to place an order for Protara Therapeutics 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.