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How to Buy Tourmaline Bio Stock

Tourmaline Bio Inc

Tourmaline Bio, Inc. operates as a clinical biotechnology company that develops medicines for patients with life-altering immune diseases.

Tourmaline Bio stock last closed at $15.04, up 0.27% from the previous day, and has decreased 41.48% in one year. It has underperformed other stocks in the Biotechnology industry by 0.22 percentage points. Tourmaline Bio stock is currently +63.83% from its 52-week low of $9.18, and -68.87% from its 52-week high of $48.31.

There are currently 25.65M shares of TRML outstanding. The market value of TRML is $385.72M. In the past 24 hours, 184,922 TRML shares were traded.

How to Buy Tourmaline Bio Stock

Wondering how to invest in Tourmaline Bio stock? Here's how.
  1. Choose where to buy Tourmaline Bio stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Tourmaline Bio stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your details.
  4. Analyze Tourmaline Bio stock: The Tourmaline Bio ticker symbol is TRML. Is Tourmaline Bio stock a good investment? Should you buy shares of TRML? How do TRML's underlying business fundamentals look? Do top analysts think Tourmaline Bio is a good buy? Why has TRML's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if TRML is a good stock to buy).
  5. Execute your TRML buy order: Decide if you will purchase TRML shares at the current market price or use a limit order to buy TRML shares at a given price.
  6. Get the latest news on your investment in TRML: Create a watchlist to track your position in Tourmaline Bio stock.

Step 1: Choose where to buy Tourmaline Bio stock

You need an online brokerage account to access the NASDAQ market and buy TRML shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal info so you are able to invest in TRML today.

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Step 3: Deposit funds into your brokerage account

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

Check out the video below for more details transferring funds into your new investment account.

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Step 4: Analyze Tourmaline Bio stock

Once you have identified the best place to buy Tourmaline Bio stock, it's very important to analyze their stock prior to investing, so you can comprehend the risk and upside.

Tourmaline Bio Numbers

TRML Price
$15.04
1w %
3.72%
1y %
-41.48%
5y %
N/A
P/E
-3.69x
P/B
1.09x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$32.94M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$385.72M
Next Earnings
Jun 5, 2024
Next Dividend
N/A

TRML Zen Score

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

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

What is the fair value of TRML stock?

You can use many financial metrics, analyses, models, and charts to gauge TRML's intrinsic value.

Using relative valuations metrics:

  • TRML could be undervalued based on its P/B ratio of 1.09x, relative to Biotechnology industry P/B ratio of 6.01x

You can do additional valuation analysis on TRML's stock here.

How do TRML Financials look?

Positive Health Checks:

  • TRML has cash burn of 25838000. 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 TRML balance sheet.
  • TRML has $293.29M in cash and short term investments. This is sufficient to cover its annual cash burn of $25.84M.
  • There are more short-term assets than long-term liabilities on the TRML balance sheet.
  • TRML has a low debt to equity ratio of 0.01.

Is TRML stock a Buy, Hold, or Sell, according to analysts?

Out of 3 sell side analysts who research TRML, the consensus analyst rating on TRML is a Strong Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Tourmaline Bio stock forecast page.

TRML Technical Indicators

SMA10
15.13
SMA20
15.39
SMA50
22.83
SMA100
28.71
SMA200
26.01
MACD
-1.86
MACD Signal
-2.36
MACD Histogram
0.5
RSI
33.3
Stochastic %K
36.06
Stochastic %D
27.44
StochRSI %K
92.13
StochRSI %D
67.84

Latest Insiders Trades at TRML

Over the last 12 months, executives and large shareholders at TRML have sold more shares than they have bought.

Mark McDade, Director of TRML, was the latest TRML insider to buy. They bought $3,250,000.00 worth of TRML shares on Jan 29, 2024.

Get more info about who owns TRML stock here.

Does TRML provide a stable income stream?

No, Tourmaline Bio doesn't provide an income stream by paying out dividends.

What do other investors have to say about TRML?

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your TRML buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • 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 an exact dollar amount, place a limit order.

Hit the Open button and eToro will execute your order.

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Step 6: Get the latest news on your investment in TRML

Now that you own some TRML stock, you'll want to stay up-to-date on your investment.

Start a watchlist to track your TRML stock.

TRML Feed

How to Buy Stock in Tourmaline Bio

To reiterate, here are the 6 steps for buying Tourmaline Bio stock:

  1. Choose where to buy Tourmaline Bio stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Tourmaline Bio stock
  5. Execute your TRML buy order
  6. Get the latest news on your investment in TRML

If you are looking for a place to buy stocks, eToro is our favorite option.

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If you want to get the latest news on your new investment in Tourmaline Bio, create your watchlist below.

NASDAQ: TRML
$15.04+0.04 (+0.27%)
Updated May 17, 2024
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NASDAQ: TRML
$15.04+0.04 (+0.27%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Tourmaline Bio share?

As of May 17, 2024, it costs $15.04 to buy one share of Tourmaline Bio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.465 shares of TRML.

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.

Is now a good time to buy Tourmaline Bio stock?

According to 3 Wall Street analysts who monitor Tourmaline Bio, their consensus recommendation is to buy Tourmaline Bio stock.

What is the best way to buy Tourmaline Bio stock?

One way to place an order for Tourmaline Bio 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.