How to Buy Purple Biotech Stock
Purple Biotech Ltd
Purple Biotech Ltd. , a clinical-stage company, focuses on developing therapies to overcome tumor immune evasion and drug for cancer patients in the United States.
Purple Biotech stock last closed at $2.41, down 1.07% from the previous day, and has decreased 67.28% in one year. It has overperformed other stocks in the Biotechnology industry by 0.03 percentage points. Purple Biotech stock is currently +20.7% from its 52-week low of $2.00, and -82.7% from its 52-week high of $13.95.
There are currently 517.13M shares of PPBT outstanding. The market value of PPBT is $124.83M. In the last 24 hours, 3600 PPBT shares were traded.
How to Buy Purple Biotech Stock
Not sure how to invest in Purple Biotech stock? Here's how.
- Figure out where to buy Purple Biotech stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Purple Biotech stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- Evaluate Purple Biotech stock: The Purple Biotech ticker symbol is PPBT. Is Purple Biotech stock a good investment? Should you buy shares of PPBT? How do PPBT's underlying business fundamentals look? Do top analysts think Purple Biotech is a good buy? Why has PPBT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if PPBT is a good stock to buy).
- Make your PPBT purchase: Decide if you will purchase PPBT shares at the current market price or use a limit order to buy PPBT stock at a specific price.
- Get the latest scoop on your PPBT position: Create a watchlist to get live updates on your investment in Purple Biotech stock.
Step 1: Figure out where to buy Purple Biotech stock
You need an online brokerage account to access the NASDAQ market and buy PPBT stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy PPBT 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 data to create a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on the best stock app for beginners, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Evaluate Purple Biotech stock
Once you have identified the best place to buy Purple Biotech stock, it's absolutely critical to evaluate their stock before you invest, so you can comprehend the risk and opportunity.
Overview of key PPBT info
Purple Biotech Fundamentals
WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.
You can see all of the due diligence checks on PPBT's stock page.
Is PPBT stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge PPBT's intrinsic value.
Using relative valuations metrics:
- PPBT may be undervalued based on its P/B ratio of 3.82x, relative to Biotechnology industry P/B ratio of 4.53x
You can do more valuation research on PPBT's stock here.
Is PPBT a healthy company?
Signs that PPBT is financially healthy:
- PPBT has $7.09M in cash and short term investments. This is enough to cover its annual cash burn of $8.30M.
- There are more short-term assets than long-term liabilities on the PPBT balance sheet.
- There are more short-term assets than short-term liabilities on the PPBT balance sheet.
- PPBT has a low debt to equity ratio of 0.09.
Signs that PPBT is not financially healthy:
- PPBT has cash burn of 8295000. It does not have enough cash and short-term investments to cover this.
You can dive deeper into what analysts are projecting on the Purple Biotech stock forecast page.
PPBT Technicals
Are PPBT executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at PPBT have not bought or sold any shares.
Learn more about who owns PPBT shares here.
Does PPBT provide a stable income stream?
No, Purple Biotech doesn't provide an income stream by paying out dividends.
What others are saying about PPBT
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your PPBT purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and your broker will execute the order.
If you require more help investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your PPBT position
Now that you own some PPBT shares, you'll want to keep up with your new shares.
Make a watchlist to monitor your PPBT stock.
PPBT Feed
How to Buy Stock in Purple Biotech
To reiterate, here are the 6 steps for buying Purple Biotech stock:
- Figure out where to buy Purple Biotech stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Purple Biotech stock
- Make your PPBT purchase
- Get the latest scoop on your PPBT position
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Purple Biotech, click the button below.
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