How to Buy Carisma Therapeutics Stock
Carisma Therapeutics Inc
Carisma Therapeutics, Inc. , a biopharmaceutical company, develops chimeric antigen receptors (CAR) macrophages for the treatment of solid tumors.
Carisma Therapeutics stock last closed at $1.70, down 9.09% from the previous day, and has decreased 59.04% in one year. It has underperformed other stocks in the Biotechnology industry by 0.36 percentage points. Carisma Therapeutics stock is currently +11.11% from its 52-week low of $1.53, and -82.59% from its 52-week high of $9.77.
There are currently 41.54M CARM shares outstanding. The market cap of CARM is $70.62M. In the past 24 hours, 125,467 CARM shares were traded.
How to Buy Carisma Therapeutics Stock
Not sure how to invest in Carisma Therapeutics stock? Here's how.
- Choose where to buy Carisma Therapeutics stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Carisma Therapeutics stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your info.
- Research Carisma Therapeutics stock: The Carisma Therapeutics ticker symbol is CARM. Is Carisma Therapeutics stock a good investment? Should you buy shares of CARM? How do CARM's underlying business fundamentals look? Do top analysts think Carisma Therapeutics is a good buy? Why has CARM's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CARM is a good stock to buy).
- Place your CARM buy order: Decide if you will purchase CARM shares at the current market price or use a limit order to buy CARM stock at a particular price.
- Keep an eye on your investment in CARM: Create a watchlist to the latest updates on your investment in Carisma Therapeutics stock.
Step 1: Choose where to buy Carisma Therapeutics stock
You will need a brokerage account to access the NASDAQ market and buy CARM stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you are able to buy CARM today.
How to Start a New Investment 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 application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on stock market app, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring money into your new brokerage account.
Step 4: Research Carisma Therapeutics stock
After you have decided on the best place to buy Carisma Therapeutics stock, it's very important to evaluate their stock prior to buying, so you truly understand the risk and upside.
Carisma Therapeutics shares data
CARM Zen Score
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on CARM's stock page.
Is CARM stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge CARM's intrinsic value.
Using relative valuations measures:
- CARM may be undervalued based on its P/B ratio of 2.66x, relative to Biotechnology industry P/B ratio of 5.93x
You can access more valuation research on CARM's stock here.
How do CARM Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the CARM balance sheet.
- There are more short-term assets than long-term liabilities on the CARM balance sheet.
Failed Financial Due Diligence Checks:
- CARM has $77.61M in cash and short term investments. This is not enough to cover its annual cash burn of $82.31M.
- CARM profit margin has gone up by 0.4 percentage points in the past year, but the company is still unprofitable.
- CARM has cash burn of 82309000. It does not have enough cash and short-term investments to cover this.
- CARM has a relatively high debt to equity ratio of 2.38.
- Total CARM debt is higher than 5 years ago, relative to shareholder equity.
Is Carisma Therapeutics stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Wall Street analysts who give ratings on CARM, the consensus analyst rating on CARM is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Carisma Therapeutics stock forecast page.
CARM Trading Indicators
CARM Growth Numbers
Last year, CARM revenue was $14.92M. Over the last three year, CARM's revenue has gone up by 68.95% per year. This was faster than the Biotechnology industry average of 28.88%.
Find out more about CARM's earnings and revenue performance here.
Are CARM executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at CARM have not bought or sold any shares.
Get more info about who owns CARM shares here.
Can I rely on CARM as an income stream?
Get more data about Carisma Therapeutics dividend yield and history here.
CARM Social Trading Data
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Step 5: Place your CARM buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you require more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in CARM
Now that you own some CARM shares, you'll want to keep up with your company.
Add CARM to a watchlist to track the most important metrics related to your CARM stock.
CARM Feed
How to Buy Stock in Carisma Therapeutics
To summarize, here are the 6 steps to buy Carisma Therapeutics stock:
- Choose where to buy Carisma Therapeutics stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Carisma Therapeutics stock
- Place your CARM buy order
- Keep an eye on your investment in CARM
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Carisma Therapeutics, hit the button below to create your watchlist.
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