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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 $4.45, down 4.3% from the previous day, and has increased 44.95% in one year. It has overperformed other stocks in the Biotechnology industry by 0.69 percentage points. Relmada Therapeutics stock is currently +88.56% from its 52-week low of $2.36, and -38.39% from its 52-week high of $7.22.

As of Apr 15, 2024, there are 30.17M shares of RLMD outstanding. The market cap of RLMD is $134.28M. In the past 24 hours, 125,022 RLMD shares were traded.

How to Buy Relmada Therapeutics Stock

Not sure how to invest in Relmada Therapeutics stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 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.

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  2. Provide your personal info to create a new trading account.
  1. Submit your info by clicking the "Create Account" button.
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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.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 Price
$4.45
1w %
-8.44%
1y %
44.95%
5y %
-34.56%
P/E
-1.36x
P/B
1.57x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$98.79M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$134.28M
Next Earnings
May 9, 2024
Next Dividend
N/A

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 1.57x, relative to Biotechnology industry P/B ratio of 5.88x

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

SMA10
4.69
SMA20
4.77
SMA50
5.33
SMA100
4.24
SMA200
3.62
MACD
-0.2
MACD Signal
-0.18
MACD Histogram
-0.02
RSI
40.44
Stochastic %K
35.63
Stochastic %D
41.95
StochRSI %K
43.91
StochRSI %D
48.38

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

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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:

Open eToro Account

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:

  1. Choose where to buy Relmada Therapeutics stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Relmada Therapeutics stock
  5. Execute your RLMD purchase
  6. Get key alerts regarding your RLMD investment

If you need a online brokerage, eToro is our recommended venue.

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.

If you want to monitor your new investment in Relmada Therapeutics, add RLMD to your watchlist by clicking the button below.

NASDAQ: RLMD
$4.45-0.20 (-4.3%)
Updated Apr 15, 2024
Open eToro Account
NASDAQ: RLMD
$4.45-0.20 (-4.3%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Relmada Therapeutics share?

As of Apr 15, 2024, it costs $4.45 to buy one share of Relmada Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.449 shares of RLMD.

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 Relmada Therapeutics stock?

One way to place an order for Relmada Therapeutics 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.