How to Buy 60 Degrees Pharmaceuticals Stock
60 Degrees Pharmaceuticals Inc
60 Degrees Pharmaceuticals, Inc. operates as a specialty pharmaceutical company that engages in the development and commercialization of therapies for the prevention and treatment of infectious diseases.
60 Degrees Pharmaceuticals stock last closed at $3.16, up 0% from the previous day, and has decreased 79.03% in one year. It has underperformed other stocks in the Biotechnology industry by 0.01 percentage points. 60 Degrees Pharmaceuticals stock is currently +124.11% from its 52-week low of $1.41, and -91.22% from its 52-week high of $35.99.
At the moment, there are 1.47M shares of SXTP outstanding. The market value of SXTP is $4.65M. In the past 24 hours, 208,139 SXTP shares were traded.
How to Buy 60 Degrees Pharmaceuticals Stock
Wondering how to invest in 60 Degrees Pharmaceuticals stock? Here's how.
- Decide where to buy 60 Degrees Pharmaceuticals stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy 60 Degrees Pharmaceuticals stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Research 60 Degrees Pharmaceuticals stock: The 60 Degrees Pharmaceuticals ticker symbol is SXTP. Is 60 Degrees Pharmaceuticals stock a good investment? Should you buy shares of SXTP? How do SXTP's underlying business fundamentals look? Do top analysts think 60 Degrees Pharmaceuticals is a good buy? Why has SXTP's stock price moved recently? (Hint: Our stock research website can help you understand if SXTP is a good stock to buy).
- Make your SXTP trade: Decide if you will purchase SXTP shares at the current market price or use a limit order to purchase SXTP shares at a particular price.
- Get the latest news on your investment in SXTP: Create a watchlist to the latest updates on your position in 60 Degrees Pharmaceuticals stock.
Step 1: Decide where to buy 60 Degrees Pharmaceuticals stock
You will need an online brokerage account in order to access the NASDAQ market and buy SXTP stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Technology to Industrials, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you can invest in SXTP today.
How to Open 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 details to start your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on app for stock, you can securely and quickly fund your account:
Check out this video walkthrough for more details transferring funds into your new brokerage account.
Step 4: Research 60 Degrees Pharmaceuticals stock
After you have chosen the best place to buy 60 Degrees Pharmaceuticals stock, it's important to evaluate their stock prior to investing, so you can wrap your head around the risk and opportunity.
60 Degrees Pharmaceuticals Numbers
SXTP Overview
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on SXTP's stock page.
Is SXTP stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SXTP's fair value.
Using relative valuations methods:
- SXTP may be undervalued based on its P/B ratio of 1.15x, relative to Biotechnology industry P/B ratio of 4.04x
You can do additional valuation analysis on SXTP's stock here.
A quick look at SXTP Financials
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the SXTP balance sheet.
- There are more short-term assets than short-term liabilities on the SXTP balance sheet.
Negative Financial Indicators:
- SXTP has $3.39M in cash and short term investments. This is not enough to cover its annual cash burn of $5.80M.
- SXTP has cash burn of 5803828. It does not have sufficient cash and short-term investments to cover this.
- SXTP profit margin has gone up by 3.1 percentage points in the past year, but the company is still unprofitable.
- SXTP has a relatively high debt to equity ratio of 0.45.
You can dig deeper into what analysts are saying on the 60 Degrees Pharmaceuticals stock forecast page.
SXTP Technicals
SXTP Growth Numbers
Last year, SXTP revenue was $681.35k. During the past 4 year, SXTP's revenue has increased by -22.06% per year. This was slower than the Biotechnology industry average of 44.31%.
You can analyze SXTP's earnings and revenue performance here.
What are SXTP executives and large shareholders up to?
Over the last 12 months, insiders at SXTP have bought more shares than they have sold.
Cheryl Xu, Director of SXTP, was the latest SXTP insider to buy. They bought $2,900.00 worth of SXTP stock on Dec 16, 2024.
Learn more about who owns SXTP stock here.
Can I rely on SXTP as an income stream?
No, 60 Degrees Pharmaceuticals doesn't provide an income stream by paying out dividends.
What others are saying about SXTP
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your SXTP trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order allows 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 an exact price limit, use a limit order.
Hit the Open Trade 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: Get the latest news on your investment in SXTP
Now that you own some shares in SXTP, you'll want to stay up-to-date on your shares.
Start a watchlist to get the latest updates about your SXTP stock.
SXTP Feed
How to Buy Stock in 60 Degrees Pharmaceuticals
To reiterate, here are the 6 steps for buying 60 Degrees Pharmaceuticals stock:
- Decide where to buy 60 Degrees Pharmaceuticals stock
- Open a brokerage account
- Deposit money your investment account
- Research 60 Degrees Pharmaceuticals stock
- Make your SXTP trade
- Get the latest news on your investment in SXTP
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in 60 Degrees Pharmaceuticals, add SXTP to your watchlist below.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation 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.