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How to Buy Qualigen Therapeutics Stock

Qualigen Therapeutics Inc

Qualigen Therapeutics, Inc. , a biotechnology company, develops novel therapeutic products for the treatment of cancer and infectious diseases. It offers FastPack, a rapid diagnostic testing system.

Qualigen Therapeutics stock last closed at $0.30, down 3.88% from the previous day, and has decreased 66.63% in one year. It has underperformed other stocks in the Biotechnology industry by 0.43 percentage points. Qualigen Therapeutics stock is currently +4.95% from its 52-week low of $0.28, and -76.43% from its 52-week high of $1.26.

As of Apr 25, 2024, there are 6.31M shares of QLGN outstanding. The market capitalization of QLGN is $1.87M. In the last 24 hours, 17,610 QLGN shares were traded.

How to Buy Qualigen Therapeutics Stock

Not sure how to invest in Qualigen Therapeutics stock? Here's how.
  1. Figure out where to buy Qualigen Therapeutics stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Qualigen Therapeutics stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your details.
  4. Research Qualigen Therapeutics stock: The Qualigen Therapeutics ticker symbol is QLGN. Is Qualigen Therapeutics stock a good investment? Should you buy shares of QLGN? How do QLGN's underlying business fundamentals look? Do top analysts think Qualigen Therapeutics is a good buy? Why has QLGN's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if QLGN is a good stock to buy).
  5. Make your QLGN buy order: Decide if you will purchase QLGN shares at the current market price or use a limit order to purchase QLGN stock at a given price.
  6. Get updates on your QLGN investment: Create a watchlist to important updates regarding your new investment in Qualigen Therapeutics stock.

Step 1: Figure out where to buy Qualigen Therapeutics stock

You will need a brokerage account in order to access the NASDAQ market and buy QLGN shares.

A brokerage account 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 your brokerage account

Now that you've picked your brokerage, you need to fill out some personal details so you can buy QLGN today.

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Step 3: Deposit money your investment account

Now that you've filled out your info on investing apps, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of depositing money into your new brokerage account.

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Step 4: Research Qualigen Therapeutics stock

Once you have identified the best place to buy Qualigen Therapeutics stock, it's very important to research their stock before you invest, so you truly comprehend the risk and opportunity.

Overview of key QLGN info

QLGN Price
$0.30
1w %
-4.81%
1y %
-66.63%
5y %
-99.86%
P/E
-0.11x
P/B
-0.89x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$13.42M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.87M
Next Earnings
May 14, 2024
Next Dividend
N/A

Qualigen Therapeutics Overview

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on QLGN's stock page.

Is QLGN stock undervalued?

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

You can do additional valuation research on QLGN's stock here.

QLGN Financial Health

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the QLGN balance sheet.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the QLGN balance sheet.
  • QLGN has cash burn of 10304263. It does not have enough cash and short-term investments to cover this.
  • Total QLGN debt is still negative.
  • QLGN debt to equity ratio of -1.97 is negative.
  • QLGN has $401.80k in cash and short term investments. This is not sufficient to cover its annual cash burn of $10.30M.

You can dive deeper into what analysts are saying on the Qualigen Therapeutics stock forecast page.

QLGN Momentum

SMA10
0.31
SMA20
0.35
SMA50
0.4
SMA100
0.48
SMA200
0.71
MACD
-0.03
MACD Signal
-0.03
MACD Histogram
0
RSI
34.6
Stochastic %K
19
Stochastic %D
18.1
StochRSI %K
43.51
StochRSI %D
37.48

Is QLGN Growing Revenue?

Last year, QLGN revenue was $0.00. In the last three year, QLGN's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 28.62%.

You can research QLGN's earnings and revenue performance here.

Who is buying/selling QLGN?

In the past year, executives and large shareholders at QLGN have not bought or sold any shares.

Learn more about who owns QLGN stock here.

Does QLGN provide a stable income stream?

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

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Step 5: Make your QLGN buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most 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 a given dollar amount, place a limit order.

Hit the Open Trade button and your broker will place the order.

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Step 6: Get updates on your QLGN investment

Now that you own some shares in QLGN, you'll want to keep up with your stock purchase.

Make a watchlist to track the latest developments regarding your QLGN stock.

QLGN Feed

How to Buy Stock in Qualigen Therapeutics

To summarize, here are the 6 steps to buy stock in Qualigen Therapeutics:

  1. Figure out where to buy Qualigen Therapeutics stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Research Qualigen Therapeutics stock
  5. Make your QLGN buy order
  6. Get updates on your QLGN investment

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If you would like to keep an eye on your investment in Qualigen Therapeutics, get started below.

NASDAQ: QLGN
$0.30-0.01 (-3.88%)
Updated Apr 25, 2024
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NASDAQ: QLGN
$0.30-0.01 (-3.88%)
Updated Apr 25, 2024
Open eToro Account

FAQ

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

As of Apr 25, 2024, it costs $0.30 to buy one share of Qualigen Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.15, you can buy 0.5 shares of QLGN.

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.

What is the best way to buy Qualigen Therapeutics stock?

One way to place an order for Qualigen 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.