How to Buy Q32 Bio Stock
Q32 Bio Inc
Q32 Bio Inc. , a clinical-stage biotechnology company, develops biologic therapeutics to restore healthy immune balance in patients with autoimmune and inflammatory diseases driven by pathological immune dysfunction in the United States.
Q32 Bio stock last closed at $1.56, down 7.72% from the previous day, and has decreased 94.65% in one year. It has underperformed other stocks in the Biotechnology industry by 0.17 percentage points. Q32 Bio stock is currently +12.68% from its 52-week low of $1.38, and -97.11% from its 52-week high of $53.79.
At the moment, there are 12.2M QTTB shares outstanding. The market value of QTTB is $18.97M. In the last 24 hours, 308,605 QTTB shares were traded.
How to Buy Q32 Bio Stock
Not sure how to invest in Q32 Bio stock? Here's how.
- Figure out where to buy Q32 Bio stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Q32 Bio stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your information.
- Evaluate Q32 Bio stock: The Q32 Bio ticker symbol is QTTB. Is Q32 Bio stock a good investment? Should you buy shares of QTTB? How do QTTB's underlying business fundamentals look? Do top analysts think Q32 Bio is a good buy? Why has QTTB's stock price moved recently? (Hint: Our stock research website can help you decide if QTTB is a good stock to buy).
- Place your QTTB trade: Decide if you will purchase QTTB shares at the current market price or use a limit order to purchase QTTB stock at a particular price.
- Track your investment in QTTB: Create a watchlist to track your position in Q32 Bio shares.
Step 1: Figure out where to buy Q32 Bio stock
You need an online brokerage account to access the NASDAQ market and buy QTTB shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can buy QTTB stock 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 data to create your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on mobile trading apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help transferring funds into your new brokerage account.
Step 4: Evaluate Q32 Bio stock
After you have decided on the best place to buy Q32 Bio stock, it's critical to research their stock before you invest, so you truly comprehend the risk as well as the upside.
Q32 Bio quick stats
QTTB Overview
WallStreetZen was built to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on QTTB's stock page.
Is QTTB stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge QTTB's intrinsic value.
Using relative valuations methods:
- QTTB may be undervalued based on its P/B ratio of 3.34x, relative to Biotechnology industry P/B ratio of 4.37x
You can do more valuation research on QTTB's stock here.
QTTB Financial Health Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the QTTB balance sheet.
- There are more short-term assets than long-term liabilities on the QTTB balance sheet.
- QTTB has $78.61M in cash and short term investments. This is sufficient to cover its annual cash burn of $67.79M.
- QTTB has cash burn of 67790000. It has enough cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- Total QTTB debt is higher than 5 years ago, relative to shareholder equity.
- QTTB has a relatively high debt to equity ratio of 15.27.
Is QTTB stock a Buy, Hold, or Sell, according to analysts?
Out of 6 sell side analysts who give ratings on QTTB, the consensus analyst rating on QTTB is a Hold
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent QTTB Analyst Recommendations
Steven Seedhouse, a top 15% analyst from Raymond James downgrades QTTB to a buy rating and lowers their QTTB price target from $90.00 to $22.00, on Dec 11, 2024.
You can dive deeper into what analysts are forecasting on the Q32 Bio stock forecast page.
Metrics for Advanced QTTB Traders
QTTB Performance Numbers
Last year, QTTB revenue was $0.00. During the last 5 year, QTTB's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 45.47%.
Dive into QTTB's earnings and revenue performance here.
What are QTTB insiders up to?
In the past 12 months, executives and large shareholders at QTTB have bought more shares than they have sold.
Shelia M. Violette, Chief Scientific Officer of QTTB, was the latest QTTB insider to buy. They bought $43,740.00 worth of QTTB stock on Oct 15, 2024.
Learn more about who owns QTTB shares here.
Can I rely on QTTB as an income stream?
No, Q32 Bio doesn't provide an income stream by paying out dividends.
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Step 5: Place your QTTB trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the best for newer investors. - 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 given dollar amount, use a limit order.
Click the Open button and your broker will place your order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Track your investment in QTTB
Now that you own some QTTB stock, you'll want to keep up with your new investment.
Create a watchlist to monitor your QTTB stock.
QTTB Feed
How to Buy Stock in Q32 Bio
To summarize, here are the 6 steps you need to take to buy Q32 Bio stock right now:
- Figure out where to buy Q32 Bio stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Q32 Bio stock
- Place your QTTB trade
- Track your investment in QTTB
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Q32 Bio, add QTTB to your watchlist below.
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