How to Buy Tao Synergies Stock
Tao Synergies Inc
Clinical-stage biopharmaceutical company developing a bryostatin‑1 platform for Alzheimer’s and other neurodegenerative/cognitive diseases. Also pivoting to a digital-asset treasury strategy focused on acquiring and staking TAO cryptocurrency. .
Tao Synergies stock last closed at $7.85, up 29.86% from the previous day, and has increased 89.16% in one year. It has overperformed other stocks in the Biotechnology industry by 1.6 percentage points. Tao Synergies stock is currently +326.63% from its 52-week low of $1.84, and +0% from its 52-week high of $7.85.
At the moment, there are 1.39M TAOX shares outstanding. The market cap of TAOX is $10.91M. In the last 24 hours, 1.02M TAOX shares were traded.
How to Buy Tao Synergies Stock
Not sure how to invest in Tao Synergies stock? Here's how.
- Decide where to buy Tao Synergies stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Tao Synergies stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your details.
- Evaluate Tao Synergies stock: The Tao Synergies ticker symbol is TAOX. Is Tao Synergies stock a good investment? Should you buy shares of TAOX? How do TAOX's underlying business fundamentals look? Do top analysts think Tao Synergies is a good buy? Why has TAOX's stock price moved recently? (Hint: Our stock market research tools can help you decide if TAOX is a good stock to buy).
- Execute your TAOX purchase: Decide if you will purchase TAOX shares at the current market price or use a limit order to buy TAOX stock at a given price.
- Keep tabs on your investment in TAOX: Create a watchlist to track your position in Tao Synergies stock.
Step 1: Decide where to buy Tao Synergies stock
You need a brokerage account in order to access the NASDAQ market and buy TAOX stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can buy TAOX today.
How to Create 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 details to open your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best stock trading app, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring money into your new investment account.
Step 4: Evaluate Tao Synergies stock
After you have identified the best place to buy Tao Synergies stock, it's very important to evaluate their stock prior to investing, so you can understand the risk as well as the opportunity.
Tao Synergies Numbers
Tao Synergies Due Diligence Checks
WallStreetZen was built to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on TAOX's stock page.
Is TAOX stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge TAOX's true value.
Using relative valuations ratios:
- TAOX could be undervalued based on its P/B ratio of 2.11x, relative to Biotechnology industry P/B ratio of 4.52x
You can do additional valuation research on TAOX's stock here.
Is TAOX a healthy company?
Signs that TAOX is financially healthy:
- TAOX has cash burn of 5053043. It has sufficient cash and short-term investments to cover this for at least one year.
- TAOX has $14.83M in cash and short term investments. This is sufficient to cover its annual cash burn of $5.05M.
- There are more short-term assets than short-term liabilities on the TAOX balance sheet.
- There are more short-term assets than long-term liabilities on the TAOX balance sheet.
Signs that TAOX is not financially healthy:
- TAOX has a relatively high debt to equity ratio of 1.72.
Are TAOX insiders buying or selling the stock?
Over the last 12 months, insiders at TAOX have not bought or sold any shares.
Dig into more about who owns TAOX stock here.
Can I get consistent income from TAOX stock?
No, Tao Synergies doesn't provide an income stream by paying out dividends.
TAOX Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your TAOX purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and eToro will execute your order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in TAOX
Now that you own some TAOX shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to get alerted to the latest events about your TAOX stock.
TAOX Feed
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How to Buy Stock in Tao Synergies
To summarize, here are the 6 steps for buying Tao Synergies stock:
- Decide where to buy Tao Synergies stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Tao Synergies stock
- Execute your TAOX purchase
- Keep tabs on your investment in TAOX
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Tao Synergies, create a watchlist today.
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