How to Buy Carisma Therapeutics Stock
Carisma Therapeutics Inc
Carisma Therapeutics, Inc. , a biopharmaceutical company, develops chimeric antigen receptors (CAR) macrophages for the treatment of solid tumors.
Carisma Therapeutics stock last closed at $0.19, down 1.56% from the previous day, and has decreased 89.89% in one year. It has underperformed other stocks in the Biotechnology industry by 0.12 percentage points. Carisma Therapeutics stock is currently +18.13% from its 52-week low of $0.16, and -90.1% from its 52-week high of $1.91.
There are currently 41.79M CARM shares outstanding. The market cap of CARM is $7.90M. In the past 24 hours, 163,231 CARM shares were traded.
How to Buy Carisma Therapeutics Stock
Not sure how to invest in Carisma Therapeutics stock? Here's how.
- Choose where to buy Carisma Therapeutics stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Carisma Therapeutics stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your info.
- Research Carisma Therapeutics stock: The Carisma Therapeutics ticker symbol is CARM. Is Carisma Therapeutics stock a good investment? Should you buy shares of CARM? How do CARM's underlying business fundamentals look? Do top analysts think Carisma Therapeutics is a good buy? Why has CARM's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CARM is a good stock to buy).
- Place your CARM buy order: Decide if you will purchase CARM shares at the current market price or use a limit order to buy CARM stock at a particular price.
- Keep an eye on your investment in CARM: Create a watchlist to the latest updates on your investment in Carisma Therapeutics stock.
Step 1: Choose where to buy Carisma Therapeutics stock
You will need a brokerage account to access the NASDAQ market and buy CARM stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you are able to buy CARM 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.
- Input your personal data to open a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on stock market app, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring money into your new brokerage account.
Step 4: Research Carisma Therapeutics stock
After you have decided on the best place to buy Carisma Therapeutics stock, it's very important to evaluate their stock prior to buying, so you truly understand the risk and upside.
Carisma Therapeutics shares data
CARM Due Diligence Score
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on CARM's stock page.
Is CARM stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge CARM's intrinsic value.
You can do more valuation analysis on CARM's stock here.
Is CARM a healthy company?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the CARM balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the CARM balance sheet.
- CARM debt to equity ratio of -2.09 is negative.
- CARM has $17.91M in cash and short term investments. This is not enough to cover its annual cash burn of $60.04M.
- CARM profit margin has gone up by 2.74 percentage points in the past year, but the company is still unprofitable.
- CARM has cash burn of 60040000. It does not have enough cash and short-term investments to cover this.
- Total CARM debt is still negative.
Is it a good time to buy CARM stock, according to analysts?
Out of 4 Wall Street analysts who give recommendations on CARM, the consensus analyst rating on CARM is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Carisma Therapeutics stock forecast page.
CARM Technical Indicators
CARM Performance Metrics
Last year, CARM revenue was $19.63M. During the last four year, CARM's revenue has increased by 14.97% per year. This was slower than the Biotechnology industry average of 44.31%.
You can analyze CARM's earnings and revenue performance here.
Latest Insiders Trades at CARM
Over the past year, executives and large shareholders at CARM have not bought or sold any shares.
Get more info about who owns CARM shares here.
Can I rely on CARM as an income stream?
No, Carisma Therapeutics doesn't provide an income stream by paying out dividends.
What do other investors have to say about CARM?
One of the primary 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: Place your CARM buy order
You have two main types of orders:
- 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 allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open button and your broker will place your order.
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Step 6: Keep an eye on your investment in CARM
Now that you own some CARM shares, you'll want to keep up with your new investment.
Start a watchlist to get the latest updates about your CARM stock.
CARM Feed
How to Buy Stock in Carisma Therapeutics
To summarize, here are the 6 steps to buy Carisma Therapeutics stock:
- Choose where to buy Carisma Therapeutics stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Carisma Therapeutics stock
- Place your CARM buy order
- Keep an eye on your investment in CARM
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Carisma Therapeutics, click the button below.
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