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How to Buy Rapid Micro Biosystems Stock

Rapid Micro Biosystems Inc

Rapid Micro Biosystems, Inc. , a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in North America, Europe, and Asia.

Rapid Micro Biosystems stock last closed at $0.83, up 0% from the previous day, and has decreased 18.63% in one year. It has underperformed other stocks in the Medical Devices industry by 0.04 percentage points. Rapid Micro Biosystems stock is currently +12.16% from its 52-week low of $0.74, and -30.25% from its 52-week high of $1.19.

At the moment, there are 42.86M RPID shares outstanding. The market capitalization of RPID is $35.58M. In the last 24 hours, 37,887 RPID shares were traded.

How to Buy Rapid Micro Biosystems Stock

Not sure how to invest in Rapid Micro Biosystems stock? Here's how.
  1. Decide where to buy Rapid Micro Biosystems 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 figure out where to buy Rapid Micro Biosystems stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Pick your payment method and add your info.
  4. Research Rapid Micro Biosystems stock: The Rapid Micro Biosystems ticker symbol is RPID. Is Rapid Micro Biosystems stock a good investment? Should you buy shares of RPID? How do RPID's underlying business fundamentals look? Do top analysts think Rapid Micro Biosystems is a good buy? Why has RPID's stock price moved recently? (Hint: Our stock research tools can help you decide if RPID is a good stock to buy).
  5. Make your RPID buy order: Decide if you will purchase RPID shares at the current market price or use a limit order to buy RPID stock at a specific price.
  6. Watch your investment in RPID: Create a watchlist to watch your investment in Rapid Micro Biosystems shares.

Step 1: Decide where to buy Rapid Micro Biosystems stock

You will need an online brokerage account to access the NASDAQ market and buy RPID stock.

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal details so you can buy RPID stock today.

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Step 3: Fund your investment account

Now that you have created your account on the greatest app to buy stocks, your next step is to transfer the money for your investment:

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Step 4: Research Rapid Micro Biosystems stock

Once you have decided on the best place to buy Rapid Micro Biosystems stock, it's important to analyze their stock prior to buying, so you can comprehend the risk as well as the opportunity.

Rapid Micro Biosystems stock at a glance

RPID Price
$0.83
1w %
1.1%
1y %
-18.63%
5y %
N/A
P/E
-0.69x
P/B
0.34x
P/S
1.55x
PEG
N/A
Revenue
$23.10M
Earnings
-$51.90M
Fore. Rev. Growth
28.05%
Fore. Earn. Growth
N/A
Market Cap
$35.58M
Next Earnings
N/A
Next Dividend
N/A

RPID Overview

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.

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

Is RPID stock undervalued?

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

Using relative valuations methods:

  • RPID may be undervalued based on its P/B ratio of 0.34x, relative to Medical Devices industry P/B ratio of 3.98x

You can do additional valuation analysis on RPID's stock here.

A quick look at RPID Financials

Signs that RPID is financially healthy:

  • There are more short-term assets than long-term liabilities on the RPID balance sheet.
  • There are more short-term assets than short-term liabilities on the RPID balance sheet.
  • RPID has a low debt to equity ratio of 0.21.
  • RPID has cash burn of 45591000. It has enough cash and short-term investments to cover this for at least one year.
  • RPID has $79.82M in cash and short term investments. This is sufficient to cover its annual cash burn of $45.59M.

Signs that RPID is not financially healthy:

  • RPID profit margin has gone up by 1.07 percentage points in the past year, but the company is still unprofitable.

You can dig deeper into what analysts are saying on the Rapid Micro Biosystems stock forecast page.

RPID Trading Indicators

SMA10
5.54
SMA20
5.57
SMA50
5.35
SMA100
5.03
SMA200
4.55
MACD
0.05
MACD Signal
0.07
MACD Histogram
-0.02
RSI
53.31
Stochastic %K
41.92
Stochastic %D
39.8
StochRSI %K
42.79
StochRSI %D
41.6

RPID Earnings

Last year, RPID revenue was $23.10M. In the past three year, RPID's revenue has gone up by 65.26% per year. This was faster than the Medical Devices industry average of 13.07%.

Learn more about RPID's earnings and revenue performance here.

What are RPID insiders up to?

In the last 12 months, insiders at RPID have bought more shares than they have sold.

Robert G. Spignesi Jr., PRESIDENT AND CEO of RPID, was the latest RPID insider to sell. They sold $10,126.86 worth of RPID stock on Mar 11, 2024.

Get more info about who owns RPID shares here.

Can I get consistent income from RPID stock?

No, Rapid Micro Biosystems doesn't provide an income stream by paying out dividends.

What do other investors have to say about RPID?

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Step 5: Make your RPID buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.

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

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Step 6: Watch your investment in RPID

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

Add RPID to a watchlist to track the latest developments regarding your RPID stock.

RPID Feed

How to Buy Stock in Rapid Micro Biosystems

To summarize, here are the 6 steps you need to take to buy Rapid Micro Biosystems stock right now:

  1. Decide where to buy Rapid Micro Biosystems stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Research Rapid Micro Biosystems stock
  5. Make your RPID buy order
  6. Watch your investment in RPID

If you are looking for a brokerage, eToro is our recommended option.

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If you would like to get updates on your new investment in Rapid Micro Biosystems, click below.

NASDAQ: RPID
$0.83+0.00 (+0%)
Updated May 20, 2024
Open eToro Account
NASDAQ: RPID
$0.83+0.00 (+0%)
Updated May 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Rapid Micro Biosystems share?

As of May 20, 2024, it costs $0.83 to buy one share of Rapid Micro Biosystems stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.42, you can buy 0.5 shares of RPID.

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 Rapid Micro Biosystems stock?

One way to place an order for Rapid Micro Biosystems 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.