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 $6.77, up 2.87% from the previous day, and has decreased 52.19% in one year. It has overperformed other stocks in the Biotechnology industry by 0.25 percentage points. Quoin Pharmaceuticals stock is currently +103.4% from its 52-week low of $3.33, and -78.44% from its 52-week high of $31.40.
At the moment, there are 20.59M QNRX shares outstanding. The market value of QNRX is $6.97M. In the last 24 hours, 47,207 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:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
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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 Due Diligence 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 0.76x, relative to Biotechnology industry P/B ratio of 4.45x
You can access additional valuation analysis on QNRX's stock here.
QNRX Financial Overview
Positive Health Checks:
- QNRX has cash burn of 7857309. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the QNRX balance sheet.
- QNRX has $14.06M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.86M.
- There are more short-term assets than short-term liabilities on the QNRX balance sheet.
Negative Health Checks:
- Total QNRX debt is higher than 5 years ago, relative to shareholder equity.
- QNRX has a relatively high debt to equity ratio of 0.71.
You can dive deeper into what analysts are saying on the Quoin Pharmaceuticals stock forecast page.
QNRX Momentum
Are QNRX executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at QNRX have bought more shares than they have sold.
Denise P. Carter, Chief Operating Officer of QNRX, was the latest QNRX insider to buy. They bought $250,000.20 worth of QNRX stock on Dec 23, 2024.
Get more info about who owns QNRX shares here.
Does QNRX stock generate passive income?
No, Quoin Pharmaceuticals doesn't provide an income stream by paying out dividends.
What others are saying about QNRX
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your QNRX trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your QNRX position
Now that you own some shares in QNRX, you'll want to keep up with your new shares.
Create 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 Quoin Pharmaceuticals stock:
- 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 need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Quoin Pharmaceuticals, hit the button below to create your watchlist.
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