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 $1.23, up 2.5% from the previous day, and has increased 24.24% in one year. It has overperformed other stocks in the Medical Devices industry by 0.29 percentage points. Rapid Micro Biosystems stock is currently +112.07% from its 52-week low of $0.58, and -15.17% from its 52-week high of $1.45.
At the moment, there are 43.03M RPID shares outstanding. The market capitalization of RPID is $52.93M. In the last 24 hours, 302,298 RPID shares were traded.
How to Buy Rapid Micro Biosystems Stock
Not sure how to invest in Rapid Micro Biosystems stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your info.
- 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).
- 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.
- 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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Open eToro AccountStep 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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- 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 details to create a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
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:
Check out the video below if you need help transferring funds into your investment account.
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 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 0.63x, relative to Medical Devices industry P/B ratio of 4.13x
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 0.25.
- RPID has cash burn of 45426000. It has enough cash and short-term investments to cover this for at least one year.
- RPID has $61.12M in cash and short term investments. This is sufficient to cover its annual cash burn of $45.43M.
Signs that RPID is not financially healthy:
- RPID profit margin has gone up by 0.96 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
RPID Earnings
Last year, RPID revenue was $26.17M. In the past three year, RPID's revenue has gone up by 50% per year. This was faster than the Medical Devices industry average of 10.2%.
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.
Melinda Litherland Pei, Director of RPID, was the latest RPID insider to buy. They bought $9,484.80 worth of RPID stock on Dec 5, 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?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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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:
- Decide where to buy Rapid Micro Biosystems stock
- Open a brokerage account
- Fund your investment account
- Research Rapid Micro Biosystems stock
- Make your RPID buy order
- Watch your investment in RPID
If you are looking for a brokerage, eToro is our recommended option.
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