How to Buy Quoin Pharmaceuticals Stock
Quoin Pharmaceuticals Ltd
Quoin Pharmaceuticals, Ltd. , a specialty pharmaceutical company, focuses on the development of therapeutic products for rare and orphan diseases.
Quoin Pharmaceuticals stock last closed at $0.64, up 1.11% from the previous day, and has decreased 89.72% in one year. It has underperformed other stocks in the Biotechnology industry by 0.68 percentage points. Quoin Pharmaceuticals stock is currently +5.64% from its 52-week low of $0.60, and -94.69% from its 52-week high of $12.00.
At the moment, there are 3.69M QNRX shares outstanding. The market value of QNRX is $2.35M. In the last 24 hours, 54,803 QNRX shares were traded.
How to Buy Quoin Pharmaceuticals Stock
Wondering how to invest in Quoin Pharmaceuticals stock? Here's how.
- Figure out where to buy Quoin Pharmaceuticals stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Quoin Pharmaceuticals stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Analyze Quoin Pharmaceuticals stock: The Quoin Pharmaceuticals ticker symbol is QNRX. Is Quoin Pharmaceuticals stock a good investment? Should you buy shares of QNRX? How do QNRX's underlying business fundamentals look? Do top analysts think Quoin Pharmaceuticals is a good buy? Why has QNRX's stock price moved recently? (Hint: Our stock research website can help you understand if QNRX is a good stock to buy).
- Make your QNRX trade: Decide if you will purchase QNRX shares at the current market price or use a limit order to purchase QNRX stock at a given price.
- Get the latest news on your QNRX position: Create a watchlist to keep tabs on your new investment in Quoin Pharmaceuticals stock.
Step 1: Figure out where to buy Quoin Pharmaceuticals stock
You will need an online brokerage account in order to access the NASDAQ market and buy QNRX shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to invest in QNRX today.
How to Open 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.
- Input your personal data to open a new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the best stock broker app, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your investment account.
Step 4: Analyze Quoin Pharmaceuticals stock
Once you have selected the best place to buy Quoin Pharmaceuticals stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Overview of key QNRX info
Quoin Pharmaceuticals Zen Score
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on QNRX's stock page.
How is QNRX stock valued?
You can use many financial metrics, analyses, models, and charts to gauge QNRX's true value.
Using relative valuations measures:
- QNRX may be undervalued based on its P/B ratio of 0.41x, relative to Biotechnology industry P/B ratio of 5.85x
You can access additional valuation analysis on QNRX's stock here.
QNRX Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the QNRX balance sheet.
- There are more short-term assets than short-term liabilities on the QNRX balance sheet.
- QNRX has cash burn of 7864429. It has sufficient cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- QNRX has a relatively high debt to equity ratio of 1.15.
- Total QNRX debt is higher than 5 years ago, relative to shareholder equity.
- QNRX has $10.69M in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.86M.
Do Wall Street analysts think it's a good time to buy QNRX stock
Out of 1 Wall Street analysts who monitor QNRX, the consensus analyst rating on Quoin Pharmaceuticals is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Quoin Pharmaceuticals stock forecast page.
QNRX Technicals
Latest Insiders Trades at QNRX
In the last year, executives and large shareholders at QNRX have not bought or sold any shares.
Learn more about who owns QNRX shares here.
Can I rely on QNRX as an income stream?
No, Quoin Pharmaceuticals doesn't provide an income stream by paying out dividends.
What do other traders have to say about QNRX?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your QNRX trade
You have 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 generally the best for newer investors. - Limit order: A limit order allows 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 price limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your QNRX position
Now that you own some QNRX stock, you'll want to stay up-to-date on your new company.
Start a watchlist to get alerted to the latest events about your QNRX stock.
QNRX Feed
How to Buy Stock in Quoin Pharmaceuticals
To reiterate, here are the 6 steps to buy stock in Quoin Pharmaceuticals:
- Figure out where to buy Quoin Pharmaceuticals stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Quoin Pharmaceuticals stock
- Make your QNRX trade
- Get the latest news on your QNRX position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Quoin Pharmaceuticals, create your watchlist below.
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