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 $0.57, down 1.05% from the previous day, and has decreased 92.96% in one year. It has underperformed other stocks in the Biotechnology industry by 0.43 percentage points. Purple Biotech stock is currently +6% from its 52-week low of $0.53, and -95.95% from its 52-week high of $13.95.
There are currently 517.13M shares of PPBT outstanding. The market value of PPBT is $29.22M. In the last 24 hours, 427,000 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
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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 0.91x, relative to Biotechnology industry P/B ratio of 4.65x
You can do more valuation research on PPBT's stock here.
Is PPBT a healthy company?
Signs that PPBT is financially healthy:
- PPBT has $5.92M in cash and short term investments. This is enough to cover its annual cash burn of $5.87M.
- Total PPBT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the PPBT balance sheet.
- PPBT has cash burn of 5865000. It has enough cash and short-term investments to cover this for at least one year.
- PPBT has a low debt to equity ratio of 0.07.
- There are more short-term assets than long-term liabilities on the PPBT balance sheet.
You can dig deeper into what analysts are projecting on the Purple Biotech stock forecast page.
PPBT Trading Indicators
Who is buying/selling PPBT?
Over the last year, insiders at PPBT have not bought or sold any shares.
Get more info about who owns PPBT stock here.
Can I rely on PPBT as an income stream?
No, Purple Biotech doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your PPBT purchase
There are two main 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 is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need more help with buying 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 stock, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to track your PPBT stock.
PPBT Feed
How to Buy Stock in Purple Biotech
To reiterate, here are the 6 steps you need to take to buy Purple Biotech stock right now:
- 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 are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in Purple Biotech, create your watchlist below.
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