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How to Buy Sunshine Biopharma Stock

Sunshine Biopharma Inc

Sunshine Biopharma, Inc. , a pharmaceutical and nutritional supplement company, focuses on the research and development of anticancer drugs.

Sunshine Biopharma stock last closed at $0.06, up 5.26% from the previous day, and has decreased 91.67% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.93 percentage points. Sunshine Biopharma stock is currently +36.36% from its 52-week low of $0.04, and -95.71% from its 52-week high of $1.40.

As of Mar 28, 2024, there are 99.45M shares of SBFM outstanding. The market cap of SBFM is $5.97M. In the last 24 hours, 13.17M SBFM shares were traded.

How to Buy Sunshine Biopharma Stock

Not sure how to invest in Sunshine Biopharma stock? Here's how.
  1. Choose where to buy Sunshine Biopharma stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Sunshine Biopharma stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your payment method and add your info.
  4. Research Sunshine Biopharma stock: The Sunshine Biopharma ticker symbol is SBFM. Is Sunshine Biopharma stock a good investment? Should you buy shares of SBFM? How do SBFM's underlying business fundamentals look? Do top analysts think Sunshine Biopharma is a good buy? Why has SBFM's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SBFM is a good stock to buy).
  5. Place your SBFM purchase: Decide if you will purchase SBFM shares at the current market price or use a limit order to purchase SBFM shares at a particular price.
  6. Watch your SBFM investment: Create a watchlist to important notifications about your position in Sunshine Biopharma stock.

Step 1: Choose where to buy Sunshine Biopharma stock

You will need a brokerage account in order to access the NASDAQ market and buy SBFM stock.

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

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, you need to fill out some personal info so you are able to invest in SBFM today.

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Step 3: Put funds into your investment account

Now that you've finished signing up on the stock trading app, you need to deposit funds:

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Step 4: Research Sunshine Biopharma stock

Once you have figured out the best place to buy Sunshine Biopharma stock, it's very important to evaluate their stock prior to buying, so you can comprehend the risk as well as the opportunity.

Sunshine Biopharma shares data

SBFM Price
$0.06
1w %
0%
1y %
-91.67%
5y %
-99.83%
P/E
-0.32x
P/B
0.28x
P/S
0.06x
PEG
N/A
Revenue
$24.09M
Earnings
-$4.51M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$5.97M
Next Earnings
May 9, 2024
Next Dividend
N/A

Fundamentals of SBFM

WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on SBFM's stock page.

Is SBFM stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SBFM's true value.

Using relative valuations methods:

  • SBFM could be undervalued based on its P/B ratio of 0.28x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.19x

You can do additional valuation research on SBFM's stock here.

A quick look at SBFM Financials

Positive Health Checks:

  • SBFM has cash burn of 8725413. It has enough cash and short-term investments to cover this for at least one year.
  • Total SBFM debt is lower than 5 years ago, relative to shareholder equity.
  • SBFM profit margin has gone up from -615.4% to -18.7% in the past year.
  • SBFM has a low debt to equity ratio of 0.29.
  • There are more short-term assets than long-term liabilities on the SBFM balance sheet.
  • There are more short-term assets than short-term liabilities on the SBFM balance sheet.

Negative Health Checks:

  • SBFM has $16.29M in cash and short term investments. This is not enough to cover its annual cash burn of $8.73M.

SBFM Technicals

SMA10
0.06
SMA20
0.06
SMA50
0.12
SMA100
0.19
SMA200
0.31
MACD
-0.01
MACD Signal
-0.02
MACD Histogram
0.01
RSI
39.38
Stochastic %K
57.89
Stochastic %D
45.31
StochRSI %K
89.51
StochRSI %D
88.43

Is SBFM Making Money?

Last year, SBFM revenue was $24.09M. Over the last four year, SBFM's revenue has grown by 481.16% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 29.43%.

Find out more about SBFM's earnings and revenue performance here.

Who is buying/selling SBFM?

In the past year, executives and large shareholders at SBFM have bought more shares than they have sold.

Steve N. Slilaty, Chief Executive Officer of SBFM, was the latest SBFM insider to buy. They bought $10,000.00 worth of SBFM stock on Mar 4, 2024.

Research more about who owns SBFM shares here.

Does SBFM provide a stable income stream?

No, Sunshine Biopharma doesn't provide an income stream by paying out dividends.

SBFM Social Trading Data

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Step 5: Place your SBFM purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.

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Step 6: Watch your SBFM investment

Now that you own some shares in SBFM, you'll want to keep up with your new investment.

Put SBFM on a watchlist to track your SBFM stock.

SBFM Feed

How to Buy Stock in Sunshine Biopharma

To summarize, here are the 6 steps for buying Sunshine Biopharma stock:

  1. Choose where to buy Sunshine Biopharma stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Research Sunshine Biopharma stock
  5. Place your SBFM purchase
  6. Watch your SBFM investment

If you need a place to buy stocks, eToro is our recommended venue.

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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.

If you want to get the latest news on your investment in Sunshine Biopharma, add SBFM to your watchlist below.

NASDAQ: SBFM
$0.06+0.00 (+5.26%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: SBFM
$0.06+0.00 (+5.26%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sunshine Biopharma share?

As of Mar 28, 2024, it costs $0.06 to buy one share of Sunshine Biopharma stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.03, you can buy 0.5 shares of SBFM.

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 Sunshine Biopharma stock?

One way to place an order for Sunshine Biopharma 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.