How to Buy Relmada Therapeutics Stock
Relmada Therapeutics Inc
Relmada Therapeutics, Inc. , a clinical-stage biotechnology company, focuses on developing various products for the treatment of central nervous system (CNS) diseases and other disorders.
Relmada Therapeutics stock last closed at $4.00, down 6.98% from the previous day, and has increased 42.35% in one year. It has overperformed other stocks in the Biotechnology industry by 0.68 percentage points. Relmada Therapeutics stock is currently +69.49% from its 52-week low of $2.36, and -44.62% from its 52-week high of $7.22.
As of Apr 19, 2024, there are 30.17M shares of RLMD outstanding. The market cap of RLMD is $120.70M. In the past 24 hours, 152,611 RLMD shares were traded.
How to Buy Relmada Therapeutics Stock
Not sure how to invest in Relmada Therapeutics stock? Here's how.
- Choose where to buy Relmada Therapeutics stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Relmada Therapeutics stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Evaluate Relmada Therapeutics stock: The Relmada Therapeutics ticker symbol is RLMD. Is Relmada Therapeutics stock a good investment? Should you buy shares of RLMD? How do RLMD's underlying business fundamentals look? Do top analysts think Relmada Therapeutics is a good buy? Why has RLMD's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if RLMD is a good stock to buy).
- Execute your RLMD purchase: Decide if you will purchase RLMD shares at the current market price or use a limit order to buy RLMD shares at a particular price.
- Get key alerts regarding your RLMD investment: Create a watchlist to important notifications about your new investment in Relmada Therapeutics stock.
Step 1: Choose where to buy Relmada Therapeutics stock
You need a brokerage account to access the NASDAQ market and buy RLMD shares.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in RLMD stock today.
How to Open a New Brokerage 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.
- Provide your personal info to create a new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on the best stock trading app, you can securely and quickly fund your account:
Check out the video below for more details depositing money into your brokerage account.
Step 4: Evaluate Relmada Therapeutics stock
Once you have selected the best place to buy Relmada Therapeutics stock, it's very important to analyze their stock prior to buying, so you can comprehend the risk and upside.
Overview of key RLMD info
RLMD Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on RLMD's stock page.
Is RLMD stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge RLMD's true value.
Using relative valuations ratios:
- RLMD could be undervalued based on its P/B ratio of 1.41x, relative to Biotechnology industry P/B ratio of 5.74x
You can do more valuation analysis on RLMD's stock here.
A look at RLMD Cashflows and Balance Sheet
Pros:
- RLMD has cash burn of 51659206. It has enough 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 RLMD balance sheet.
- There are more short-term assets than short-term liabilities on the RLMD balance sheet.
- Total RLMD debt is lower than 5 years ago, relative to shareholder equity.
- RLMD has a low debt to equity ratio of 0.14.
Cons:
- RLMD has $96.32M in cash and short term investments. This is not sufficient to cover its annual cash burn of $51.66M.
You can dig deeper into what analysts are projecting on the Relmada Therapeutics stock forecast page.
RLMD Technical Indicators
Latest Insiders Trades at RLMD
Over the last 12 months, executives and large shareholders at RLMD have bought more shares than they have sold.
Chuck Ence, CA and CO of RLMD, was the latest RLMD insider to buy. They bought $55,431.85 worth of RLMD stock on Jan 31, 2024.
Learn more about who owns RLMD stock here.
Can I rely on RLMD as an income stream?
No, Relmada Therapeutics doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your RLMD purchase
You have two main types of orders:
- 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 lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price, place a limit order.
Click the Open Trade button and eToro will place your order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your RLMD investment
Now that you own some RLMD stock, you'll want to stay up-to-date on your new company.
Create a watchlist to see the latest developments about your RLMD stock.
RLMD Feed
How to Buy Stock in Relmada Therapeutics
To reiterate, here are the 6 steps to buy Relmada Therapeutics stock:
- Choose where to buy Relmada Therapeutics stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Relmada Therapeutics stock
- Execute your RLMD purchase
- Get key alerts regarding your RLMD investment
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Relmada Therapeutics, add RLMD to your watchlist by clicking the button below.
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