How to Buy Xortx Therapeutics Stock
Xortx Therapeutics Inc
XORTX Therapeutics Inc. , a bio-pharmaceutical company, engages in the development and commercialization of therapies to treat progressive kidney diseases, diabetes, insulin resistance, metabolic syndrome, diabetes, diabetic nephropathy, and infection.
Xortx Therapeutics stock last closed at $1.02, down 0.49% from the previous day, and has decreased 60% in one year. It has overperformed other stocks in the Biotechnology industry by 0.17 percentage points. Xortx Therapeutics stock is currently +27.18% from its 52-week low of $0.80, and -67.41% from its 52-week high of $3.13.
There are currently 3.48M XRTX shares outstanding. The market value of XRTX is $3.55M. In the past 24 hours, 108,647 XRTX shares were traded.
How to Buy Xortx Therapeutics Stock
Not sure how to invest in Xortx Therapeutics stock? Here's how.
- Decide where to buy Xortx Therapeutics 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 determine where to buy Xortx Therapeutics stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Research Xortx Therapeutics stock: The Xortx Therapeutics ticker symbol is XRTX. Is Xortx Therapeutics stock a good investment? Should you buy shares of XRTX? How do XRTX's underlying business fundamentals look? Do top analysts think Xortx Therapeutics is a good buy? Why has XRTX's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if XRTX is a good stock to buy).
- Execute your XRTX purchase: Decide if you will purchase XRTX shares at the current market price or use a limit order to purchase XRTX shares at a particular price.
- Watch your XRTX position: Create a watchlist to keep tabs on your investment in Xortx Therapeutics shares.
Step 1: Decide where to buy Xortx Therapeutics stock
You need an online brokerage account in order to access the NASDAQ market and buy XRTX shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you are able to buy XRTX today.
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Step 3: Deposit funds into your investment account
Now that you've finished signing up on stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing funds into your investment account.
Step 4: Research Xortx Therapeutics stock
Once you have selected the best place to buy Xortx Therapeutics stock, it's important to evaluate their stock prior to buying, so you truly understand the risk as well as the opportunity.
Overview of key XRTX info
XRTX Fundamentals
WallStreetZen was created to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on XRTX's stock page.
How is XRTX stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge XRTX's true value.
Using relative valuations ratios:
- XRTX could be undervalued based on its P/B ratio of 1.53x, relative to Biotechnology industry P/B ratio of 4.45x
You can access more valuation research on XRTX's stock here.
XRTX Financial Health Summary
Signs that XRTX is financially healthy:
- XRTX has a low debt to equity ratio of 0.23.
- There are more short-term assets than long-term liabilities on the XRTX balance sheet.
- XRTX has $1.72M in cash and short term investments. This is enough to cover its annual cash burn of $2.55M.
- There are more short-term assets than short-term liabilities on the XRTX balance sheet.
- Total XRTX debt is lower than 5 years ago, relative to shareholder equity.
Signs that XRTX is not financially healthy:
- XRTX has cash burn of 2554616. It does not have sufficient cash and short-term investments to cover this.
XRTX Technical Indicators
Who is buying/selling XRTX?
Over the past year, executives and large shareholders at XRTX have not bought or sold any shares.
Learn more about who owns XRTX stock here.
Does XRTX provide a stable income stream?
No, Xortx Therapeutics doesn't provide an income stream by paying out dividends.
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Step 5: Execute your XRTX purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Watch your XRTX position
Now that you own some shares in XRTX, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to track the latest developments regarding your XRTX stock.
XRTX Feed
How to Buy Stock in Xortx Therapeutics
To summarize, here are the 6 steps you need to take to buy Xortx Therapeutics stock right now:
- Decide where to buy Xortx Therapeutics stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Xortx Therapeutics stock
- Execute your XRTX purchase
- Watch your XRTX position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Xortx Therapeutics, add XRTX to your watchlist by clicking the button below.
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