How to Buy Verona Pharma Stock
Verona Pharma PLC
Verona Pharma plc, a clinical stage biopharmaceutical company, focuses on development and commercialization of therapies for the treatment of respiratory diseases with unmet medical needs.
Verona Pharma stock last closed at $15.47, up 1.05% from the previous day, and has decreased 30.75% in one year. It has underperformed other stocks in the Biotechnology industry by 0.09 percentage points. Verona Pharma stock is currently +30.77% from its 52-week low of $11.83, and -35.03% from its 52-week high of $23.81.
There are currently 646.52M VRNA shares outstanding. The market value of VRNA is $1.25B. In the last 24 hours, 260,511 VRNA shares were traded.
How to Buy Verona Pharma Stock
Wondering how to invest in Verona Pharma stock? Here's how.
- Choose where to buy Verona Pharma stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Verona Pharma stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Research Verona Pharma stock: The Verona Pharma ticker symbol is VRNA. Is Verona Pharma stock a good investment? Should you buy shares of VRNA? How do VRNA's underlying business fundamentals look? Do top analysts think Verona Pharma is a good buy? Why has VRNA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if VRNA is a good stock to buy).
- Execute your VRNA purchase: Decide if you will purchase VRNA shares at the current market price or use a limit order to purchase VRNA shares at a particular price.
- Watch your VRNA investment: Create a watchlist to key updates about your position in Verona Pharma stock.
Step 1: Choose where to buy Verona Pharma stock
You will need an online brokerage account to access the NASDAQ market and buy VRNA shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you are able to invest in VRNA today.
How to Start a New Investment 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.
- Provide your personal data to start your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on our top ranked stock market app, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Verona Pharma stock
Once you have chosen the best place to buy Verona Pharma stock, it's very important to evaluate their stock before you buy, so you actually understand the risk and upside.
Verona Pharma stock at a glance
Verona Pharma Zen Score
WallStreetZen was created to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on VRNA's stock page.
Is VRNA stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VRNA's intrinsic value.
Using relative valuations methods:
- VRNA may be undervalued based on its P/B ratio of 5.02x, relative to Biotechnology industry P/B ratio of 5.85x
You can do additional valuation research on VRNA's stock here.
VRNA Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the VRNA balance sheet.
- VRNA has $271.77M in cash and short term investments. This is sufficient to cover its annual cash burn of $50.22M.
- VRNA has cash burn of 50222000. 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 VRNA balance sheet.
- VRNA has a low debt to equity ratio of 0.24.
Failed Financial Due Diligence Checks:
- Total VRNA debt is higher than 5 years ago, relative to shareholder equity.
Is Verona Pharma stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who give ratings on VRNA, the consensus analyst rating on Verona Pharma is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Verona Pharma stock forecast page.
Metrics for Advanced VRNA Traders
Is VRNA Making Money?
Last year, VRNA revenue was $0.00. In the past 2 year, VRNA's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 28.56%.
You can research VRNA's earnings and revenue performance here.
Latest Insiders Trades at VRNA
Over the past 12 months, insiders at VRNA have sold more shares than they have bought.
Kathleen A. Rickard, Chief Medical Officer of VRNA, was the latest VRNA insider to sell. They sold $80,506.81 worth of VRNA shares on Feb 5, 2024.
Learn more about who owns VRNA shares here.
Does VRNA provide a stable income stream?
No, Verona Pharma doesn't provide an income stream by paying out dividends.
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Step 5: Execute your VRNA purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most 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 certain you're buying or selling at a particular price, place a limit order.
Press the Open button and eToro will place your order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Watch your VRNA investment
Now that you own some VRNA shares, you'll want to keep up with your new investment.
Put VRNA on a watchlist to get alerted to the latest events about your VRNA stock.
VRNA Feed
How to Buy Stock in Verona Pharma
To reiterate, here are the 6 steps for buying Verona Pharma stock:
- Choose where to buy Verona Pharma stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Verona Pharma stock
- Execute your VRNA purchase
- Watch your VRNA investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your investment in Verona Pharma, get started below.
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