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 $2.77, down 0.72% from the previous day, and has increased 48.92% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.56 percentage points. Standard Biotools stock is currently +89.73% from its 52-week low of $1.46, and -12.34% from its 52-week high of $3.16.
At the moment, there are 290.12M LAB shares outstanding. The market cap of LAB is $803.63M. In the past 24 hours, 2.17M 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.
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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.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 create a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
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 $114.90M in cash and short term investments. This is sufficient to cover its annual cash burn of $46.12M.
- There are more short-term assets than short-term liabilities on the LAB balance sheet.
- LAB has cash burn of 46118000. 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 LAB balance sheet.
Signs that LAB is not financially healthy:
- LAB debt to equity ratio of -1.08 is negative.
- LAB profit margin has gone up by 1.24 percentage points in the past year, but the company is still unprofitable.
- Total LAB debt is still negative.
Do Wall Street analysts think it's a good time to buy LAB stock
Out of 1 Equities analysts who monitor LAB, the consensus analyst rating on Standard Biotools is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Standard Biotools stock forecast page.
LAB Technicals
How are LAB Revenues/Earnings doing?
Last year, LAB revenue was $106.34M. During the past 5 year, LAB's revenue has grown by -1.2% per year. This was slower than the Diagnostics & Research industry average of 12.91%.
You can analyze LAB's earnings and revenue performance here.
Who is buying/selling LAB?
In the past 12 months, insiders at LAB have bought more shares than they have sold.
Michael Egholm, President CEO of LAB, was the latest LAB insider to sell. They sold $277,948.44 worth of LAB shares on Apr 8, 2024.
Get more info about who owns LAB shares here.
Does LAB provide a stable income stream?
No, Standard Biotools doesn't provide an income stream by paying out dividends.
LAB Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your LAB buy order
You have 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 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 be certain you're buying or selling at a specific price limit, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you require more help with investing in 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 shares, you'll want to stay up-to-date on your new stock purchase.
Add LAB to a watchlist to get alerted to the latest events about your LAB stock.
LAB Feed
How to Buy Stock in Standard Biotools
To summarize, here are the 6 steps you need to take to buy Standard Biotools stock right now:
- 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 require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Standard Biotools, add LAB to your watchlist by clicking the button below.
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