How to Buy Spero Therapeutics Stock
Spero Therapeutics Inc
Spero Therapeutics, Inc. , a clinical-stage biopharmaceutical company, focuses on identifying, developing, and commercializing treatments for multi-drug resistant (MDR) bacterial infections and rare diseases in the United States.
Spero Therapeutics stock last closed at $1.44, up 2.14% from the previous day, and has decreased 16.08% in one year. It has overperformed other stocks in the Biotechnology industry by 0.07 percentage points. Spero Therapeutics stock is currently +44.95% from its 52-week low of $0.99, and -28.07% from its 52-week high of $2.00.
As of Apr 23, 2024, there are 53.87M SPRO shares outstanding. The market value of SPRO is $77.30M. In the last 24 hours, 123,860 SPRO shares were traded.
How to Buy Spero Therapeutics Stock
Not sure how to invest in Spero Therapeutics stock? Here's how.
- Decide where to buy Spero Therapeutics stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Spero Therapeutics stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Research Spero Therapeutics stock: The Spero Therapeutics ticker symbol is SPRO. Is Spero Therapeutics stock a good investment? Should you buy shares of SPRO? How do SPRO's underlying business fundamentals look? Do top analysts think Spero Therapeutics is a good buy? Why has SPRO's stock price moved recently? (Hint: Our stock analysis website can help you understand if SPRO is a good stock to buy).
- Execute your SPRO trade: Decide if you will purchase SPRO shares at the current market price or use a limit order to purchase SPRO stock at a particular price.
- Get the latest scoop on your investment in SPRO: Create a watchlist to monitor your new investment in Spero Therapeutics shares.
Step 1: Decide where to buy Spero Therapeutics stock
You need an online brokerage account in order to access the NASDAQ market and buy SPRO shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you can invest in SPRO stock today.
How to Open 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 info to start a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on one of the best stock trading apps, you need to deposit funds:
Check out the tutorial below to see the process of depositing money into your new investment account.
Step 4: Research Spero Therapeutics stock
After you have chosen the best place to buy Spero Therapeutics stock, it's absolutely critical to research their stock prior to buying, so you can comprehend the risk and upside.
Spero Therapeutics quick stats
Spero Therapeutics Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on SPRO's stock page.
Is SPRO stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge SPRO's true value.
Using relative valuations ratios:
- SPRO may be undervalued based on its P/E ratio of 3.34x, relative to Biotechnology industry P/E ratio of 16.46x
- SPRO could be undervalued based on its P/B ratio of 0.72x, relative to Biotechnology industry P/B ratio of 5.93x
You can access additional valuation analysis on SPRO's stock here.
SPRO Financial Summary
Positive Financial Indicators:
- SPRO has $76.33M in cash and short term investments. This is enough to cover its annual cash burn of $33.00M.
- SPRO has cash burn of 32995000. 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 SPRO balance sheet.
- There are more short-term assets than short-term liabilities on the SPRO balance sheet.
- SPRO profit margin has gone up from -86.7% to 22% in the past year.
Negative Financial Indicators:
- Total SPRO debt is higher than 5 years ago, relative to shareholder equity.
- SPRO has a relatively high debt to equity ratio of 0.71.
Is it a good time to buy SPRO stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who monitor SPRO, the consensus analyst rating on SPRO is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Spero Therapeutics stock forecast page.
SPRO Technical Indicators
SPRO Performance Metrics
Last year, SPRO revenue was $103.78M. In the last 5 year, SPRO's revenue has gone up by 92.11% per year. This was faster than the Biotechnology industry average of 28.88%.
Find out more about SPRO's earnings and revenue performance here.
Who is buying/selling SPRO?
Over the past year, insiders at SPRO have sold more shares than they have bought.
Sath Shukla, CEO and President of SPRO, was the latest SPRO insider to sell. They sold $65,384.85 worth of SPRO shares on Feb 5, 2024.
Learn more about who owns SPRO stock here.
Does SPRO stock generate passive income?
No, Spero Therapeutics doesn't provide an income stream by paying out dividends.
What others are saying about SPRO
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your SPRO trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - 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 given price limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in SPRO
Now that you own some SPRO stock, you'll want to keep up with your company.
Start a watchlist to see the latest developments about your SPRO stock.
SPRO Feed
How to Buy Stock in Spero Therapeutics
To reiterate, here are the 6 steps to buy Spero Therapeutics stock:
- Decide where to buy Spero Therapeutics stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Spero Therapeutics stock
- Execute your SPRO trade
- Get the latest scoop on your investment in SPRO
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Spero Therapeutics, click below.
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