How to Buy Standard Biotools Stock
Standard Biotools Inc
Standard BioTools Inc. creates, manufactures, and markets instruments, consumables, reagents, and software for researchers and clinical laboratories worldwide.
Standard Biotools stock last closed at $2.21, down 3.07% from the previous day, and has increased 6.76% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.12 percentage points. Standard Biotools stock is currently +140.22% from its 52-week low of $0.92, and -16.6% from its 52-week high of $2.65.
At the moment, there are 78.38M LAB shares outstanding. The market cap of LAB is $173.23M. In the past 24 hours, 222,311 LAB shares were traded.
How to Buy Standard Biotools Stock
Not sure how to invest in Standard Biotools stock? Here's how.
- Figure out where to buy Standard Biotools stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Standard Biotools stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your method of payment and add your details.
- Analyze Standard Biotools stock: The Standard Biotools ticker symbol is LAB. Is Standard Biotools stock a good investment? Should you buy shares of LAB? How do LAB's underlying business fundamentals look? Do top analysts think Standard Biotools is a good buy? Why has LAB's stock price moved recently? (Hint: Our stock market research website can help you evaluate if LAB is a good stock to buy).
- Execute your LAB buy order: Decide if you will purchase LAB shares at the current market price or use a limit order to purchase LAB shares at a given price.
- Get the latest news on your investment in LAB: Create a watchlist to get the latest news on your position in Standard Biotools shares.
Step 1: Figure out where to buy Standard Biotools stock
You will need a brokerage account in order to access the NASDAQ market and buy LAB shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Energy, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to buy LAB today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Input your personal data to create a new trading account.
- Send your information by clicking the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock trading app, your next step is to transfer the money for your investment:
Watch the video below for more details depositing funds into your new brokerage account.
Step 4: Analyze Standard Biotools stock
Once you have figured out the best place to buy Standard Biotools stock, it's crucial to evaluate their stock before you invest, so you actually comprehend the risk and upside.
Standard Biotools stock quick numbers
Standard Biotools Zen Score
WallStreetZen was built to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on LAB's stock page.
What is the fair value of LAB stock?
Investors use many financial metrics, analyses, models, and charts to gauge LAB's fair value.
You can do more valuation analysis on LAB's stock here.
Is LAB a healthy company?
Signs that LAB is financially healthy:
- LAB has cash burn of 86232000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the LAB balance sheet.
- There are more short-term assets than long-term liabilities on the LAB balance sheet.
Signs that LAB is not financially healthy:
- Total LAB debt is still negative.
- LAB has $154.54M in cash and short term investments. This is not sufficient to cover its annual cash burn of $86.23M.
- LAB profit margin has gone down from -93.9% to -135.3% in the past year.
- LAB debt to equity ratio of -1.62 is negative.
LAB Technicals
Is LAB Making Money?
Last year, LAB revenue was $96.56M. During the last 5 year, LAB's revenue has increased by -1.02% per year. This was slower than the Diagnostics & Research industry average of 15.19%.
Find out more about LAB's earnings and revenue performance here.
Latest Insiders Trades at LAB
In the past year, insiders at LAB have bought more shares than they have sold.
Jeffrey G. Black, SVP Chief Financial Officer of LAB, was the latest LAB insider to buy. They bought $97,221.70 worth of LAB stock on May 19, 2023.
Learn more about who owns LAB stock here.
Can I rely on LAB as an income stream?
No, Standard Biotools doesn't provide an income stream by paying out dividends.
What do other investors have to say about LAB?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your LAB buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will place your order.
If you need more assistance buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in LAB
Now that you own some LAB stock, you'll want to keep up with your stock purchase.
Start a watchlist to track your LAB stock.
LAB Feed
How to Buy Stock in Standard Biotools
To summarize, here are the 6 steps for buying Standard Biotools stock:
- Figure out where to buy Standard Biotools stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Standard Biotools stock
- Execute your LAB buy order
- Get the latest news on your investment in LAB
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Standard Biotools, hit the button below to create your watchlist.
Other Stock Buying Guides You May Find Useful
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation 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.