How to Buy Fusion Pharmaceuticals Stock
Fusion Pharmaceuticals Inc
Fusion Pharmaceuticals Inc. , a clinical-stage oncology company, focuses on developing radiopharmaceuticals as precision medicines.
Fusion Pharmaceuticals stock last closed at $21.51, up 0.23% from the previous day, and has increased 392.22% in one year. It has overperformed other stocks in the Biotechnology industry by 4.12 percentage points. Fusion Pharmaceuticals stock is currently +831.17% from its 52-week low of $2.31, and -0.32% from its 52-week high of $21.58.
At the moment, there are 85.06M shares of FUSN outstanding. The market value of FUSN is $1.83B. In the past 24 hours, 183,299 FUSN shares were traded.
How to Buy Fusion Pharmaceuticals Stock
Wondering how to invest in Fusion Pharmaceuticals stock? Here's how.
- Figure out where to buy Fusion Pharmaceuticals stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Fusion Pharmaceuticals stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your info.
- Research Fusion Pharmaceuticals stock: The Fusion Pharmaceuticals ticker symbol is FUSN. Is Fusion Pharmaceuticals stock a good investment? Should you buy shares of FUSN? How do FUSN's underlying business fundamentals look? Do top analysts think Fusion Pharmaceuticals is a good buy? Why has FUSN's stock price moved recently? (Hint: Our stock research website can help you understand if FUSN is a good stock to buy).
- Execute your FUSN purchase: Decide if you will purchase FUSN shares at the current market price or use a limit order to buy FUSN shares at a specific price.
- Keep an eye on your FUSN investment: Create a watchlist to the latest updates on your new investment in Fusion Pharmaceuticals shares.
Step 1: Figure out where to buy Fusion Pharmaceuticals stock
You will need a brokerage account in order to access the NASDAQ market and buy FUSN stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to invest in FUSN today.
How to Open a New 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.
- Enter your personal info to open a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've finished signing up on apps for stock market, your next step is to transfer the money for your investment:
Check out the video below for more details depositing funds into your new brokerage account.
Step 4: Research Fusion Pharmaceuticals stock
Once you have decided on the best place to buy Fusion Pharmaceuticals stock, it's critical to research their stock before you buy, so you can comprehend the risk and opportunity.
Fusion Pharmaceuticals stock quick numbers
FUSN Zen Score
WallStreetZen was created to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on FUSN's stock page.
Is FUSN stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FUSN's true value.
Using relative valuations metrics:
- FUSN could be overvalued based on its P/B ratio of 7.57x, relative to Biotechnology industry P/B ratio of 6.01x
You can access additional valuation analysis on FUSN's stock here.
FUSN Financial Health Overview
Signs that FUSN is financially healthy:
- There are more short-term assets than short-term liabilities on the FUSN balance sheet.
- FUSN has $211.84M in cash and short term investments. This is enough to cover its annual cash burn of $87.67M.
- There are more short-term assets than long-term liabilities on the FUSN balance sheet.
- FUSN has a low debt to equity ratio of 0.34.
- FUSN has cash burn of 87674000. It has enough cash and short-term investments to cover this for at least one year.
Signs that FUSN is not financially healthy:
- FUSN profit margin has gone up by 50.65 percentage points in the past year, but the company is still unprofitable.
Is FUSN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Equities analysts who give forecasts on FUSN, the consensus analyst rating on FUSN is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest FUSN Analyst Recommendations
Faisal Khurshid, a bottom 26% analyst from Leerink Partners downgrades FUSN to a hold rating and raises their FUSN price target from $17.00 to $21.00, on Mar 19, 2024.
Rahul Sarugaser, a top 14% analyst from Raymond James maintains FUSN with a strong buy rating and raises their FUSN price target from $15.00 to $16.00, on Jan 5, 2024.
Raymond James's Rahul Sarugaser raised their price target on Fusion Pharmaceuticals (NASDAQ: FUSN) by 6.7% from $15 to $16 on 2024/01/05. The analyst maintained their Strong Buy rating on the stock.
Sarugaser explained that their price target increase followed Fusion Pharmaceuticals's "clinical and manufacturing updates ahead of the JPMorgan Healthcare conference scheduled for 2024/01/08 to 11."
There has recently been "a flurry of M&As in the radiopharmaceuticals and targeted oncology spaces," the analyst noted, predicting that "any move on Fusion Pharmaceuticals would come at a significant premium."
Jeff Jones, a top 7% analyst from Oppenheimer maintains FUSN with a buy rating and raises their FUSN price target from $13.00 to $15.00, on Jan 5, 2024.
You can dive deeper into what analysts are saying on the Fusion Pharmaceuticals stock forecast page.
Metrics for Advanced FUSN Traders
How is FUSN performing as a company?
Last year, FUSN revenue was $2.04M. Over the last two year, FUSN's revenue has increased by 0.37% per year. This was slower than the Biotechnology industry average of 32.19%.
Find out more about FUSN's earnings and revenue performance here.
Latest Insiders Trades at FUSN
In the last year, insiders at FUSN have not bought or sold any shares.
Learn more about who owns FUSN stock here.
Can I get consistent income from FUSN stock?
No, Fusion Pharmaceuticals doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your FUSN purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will place the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your FUSN investment
Now that you own some FUSN shares, you'll want to keep up with your company.
Put FUSN on a watchlist to get alerted to the latest events about your FUSN stock.
FUSN Feed
How to Buy Stock in Fusion Pharmaceuticals
To reiterate, here are the 6 steps for buying Fusion Pharmaceuticals stock:
- Figure out where to buy Fusion Pharmaceuticals stock
- Open a brokerage account
- Put funds into your investment account
- Research Fusion Pharmaceuticals stock
- Execute your FUSN purchase
- Keep an eye on your FUSN investment
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Fusion Pharmaceuticals, add FUSN to your watchlist by clicking the button below.
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