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How to Buy Q32 Bio Stock

Q32 Bio Inc

Q32 Bio Inc is a clinical-stage biotechnology company focused on developing novel biologics to effectively and safely restore healthy immune balance in patients with autoimmune & inflammatory diseases driven by pathological immune dysfunction.

Q32 Bio stock last closed at $31.00, up 5.44% from the previous day, and has increased 64.02% in one year. It has overperformed other stocks in the Biotechnology industry by 0.83 percentage points. Q32 Bio stock is currently +276.03% from its 52-week low of $8.24, and -5.72% from its 52-week high of $32.88.

At the moment, there are 11.94M QTTB shares outstanding. The market value of QTTB is $370.21M. In the last 24 hours, 75,522 QTTB shares were traded.

How to Buy Q32 Bio Stock

Not sure how to invest in Q32 Bio stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

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

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Step 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.

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  2. Enter your personal data to create your new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
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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.

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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 Price
$31.00
1w %
15.67%
1y %
64.02%
5y %
-92.29%
P/E
-1.24x
P/B
7.59x
P/S
87.08x
PEG
N/A
Revenue
$354.00k
Earnings
-$83.09M
Fore. Rev. Growth
554.59%
Fore. Earn. Growth
N/A
Market Cap
$370.21M
Next Earnings
N/A
Next Dividend
N/A

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 overvalued based on its P/B ratio of 7.59x, relative to Biotechnology industry P/B ratio of 6.06x

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 $135.96M in cash and short term investments. This is sufficient to cover its annual cash burn of $84.17M.
  • QTTB has cash burn of 84173000. 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 profit margin has gone down from -1,941.9% to -23,471.2% in the past year.
  • QTTB has a relatively high debt to equity ratio of 2.12.

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

Out of 2 sell side analysts who research QTTB, the consensus analyst rating on QTTB is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Q32 Bio stock forecast page.

Metrics for Advanced QTTB Traders

SMA10
27.54
SMA20
26.99
SMA50
22.42
SMA100
17.51
SMA200
17.6
MACD
1.8
MACD Signal
1.72
MACD Histogram
0.08
RSI
70.62
Stochastic %K
82.57
Stochastic %D
74.84
StochRSI %K
76.27
StochRSI %D
57.47

QTTB Earnings

Last year, QTTB revenue was $354.00k. During the last five year, QTTB's revenue has grown by -39.76% per year. This was slower than the Biotechnology industry average of 32.13%.

Dive into QTTB's earnings and revenue performance here.

Are QTTB insiders buying or selling the stock?

In the past 12 months, insiders at QTTB have sold more shares than they have bought.

Paul Alloway, Former President and Chief Operating Officer of Homology Medicines Inc. of QTTB, was the latest QTTB insider to sell. They sold $6,488.28 worth of QTTB shares on Mar 25, 2024.

Learn more about who owns QTTB shares here.

Can I get consistent income from QTTB stock?

No, Q32 Bio doesn't provide an income stream by paying out dividends.

QTTB Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your QTTB trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually 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 be sure you're buying or selling at an exact dollar amount limit, use a limit order.

Hit the Open Trade button and eToro will execute the order.

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Step 6: Track your investment in QTTB

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

Create a watchlist to keep tabs on your QTTB stock.

QTTB Feed

How to Buy Stock in Q32 Bio

To reiterate, here are the 6 steps to buy stock in Q32 Bio:

  1. Figure out where to buy Q32 Bio stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Evaluate Q32 Bio stock
  5. Place your QTTB trade
  6. Track your investment in QTTB

If you need a 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 the latest news on your new investment in Q32 Bio, create a watchlist on WallStreetZen today.

NASDAQ: QTTB
$31.00+1.60 (+5.44%)
Updated May 16, 2024
Open eToro Account
NASDAQ: QTTB
$31.00+1.60 (+5.44%)
Updated May 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Q32 Bio share?

As of May 16, 2024, it costs $31.00 to buy one share of Q32 Bio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.323 shares of QTTB.

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 Q32 Bio stock?

According to 2 Wall Street analysts who monitor Q32 Bio, their consensus recommendation is to buy Q32 Bio stock.

What is the best way to buy Q32 Bio stock?

One way to place an order for Q32 Bio 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.