How to Buy Citius Pharmaceuticals Stock
Citius Pharmaceuticals Inc
Citius Pharmaceuticals, Inc. , a specialty pharmaceutical company, engages in the development and commercialization of critical care products focusing on anti-infective products in adjunct cancer care, prescription products, and mesenchymal stem cell therapy.
Citius Pharmaceuticals stock last closed at $0.86, down 11.16% from the previous day, and has decreased 95.31% in one year. It has underperformed other stocks in the Biotechnology industry by 0.18 percentage points. Citius Pharmaceuticals stock is currently +6.3% from its 52-week low of $0.81, and -96.72% from its 52-week high of $26.25.
There are currently 8.59M shares of CTXR outstanding. The market cap of CTXR is $7.39M. In the last 24 hours, 244,088 CTXR shares were traded.
How to Buy Citius Pharmaceuticals Stock
Wondering how to invest in Citius Pharmaceuticals stock? Here's how.
- Figure out where to buy Citius Pharmaceuticals stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Citius Pharmaceuticals stock.
- Sign up for 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 method of payment and add your details.
- Analyze Citius Pharmaceuticals stock: The Citius Pharmaceuticals ticker symbol is CTXR. Is Citius Pharmaceuticals stock a good investment? Should you buy shares of CTXR? How do CTXR's underlying business fundamentals look? Do top analysts think Citius Pharmaceuticals is a good buy? Why has CTXR's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if CTXR is a good stock to buy).
- Place your CTXR buy order: Decide if you will purchase CTXR shares at the current market price or use a limit order to purchase CTXR stock at a particular price.
- Get the latest news on your CTXR investment: Create a watchlist to get live updates on your position in Citius Pharmaceuticals stock.
Step 1: Figure out where to buy Citius Pharmaceuticals stock
You need a brokerage account to access the NASDAQ market and buy CTXR shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to invest in CTXR today.
How to Start a New Brokerage 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 info to create a new brokerage account.
- Submit your data 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 our top ranked stock trading app, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring money into your brokerage account.
Step 4: Analyze Citius Pharmaceuticals stock
After you have chosen the best place to buy Citius Pharmaceuticals stock, it's crucial to research their stock prior to buying, so you actually understand the risk as well as the upside.
Citius Pharmaceuticals stock data
Citius Pharmaceuticals Due Diligence Score
WallStreetZen was created to help average investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CTXR's stock page.
Is CTXR stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge CTXR's true value.
Using relative valuations measures:
- CTXR may be undervalued based on its P/B ratio of 0.11x, relative to Biotechnology industry P/B ratio of 4.04x
You can access more valuation analysis on CTXR's stock here.
CTXR Financial Health Overview
Pros:
- There are more short-term assets than long-term liabilities on the CTXR balance sheet.
Cons:
- CTXR has $1.14M in cash and short term investments. This is not enough to cover its annual cash burn of $26.79M.
- Total CTXR debt is higher than 5 years ago, relative to shareholder equity.
- CTXR has a relatively high debt to equity ratio of 0.79.
- CTXR has cash burn of 26791917. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the CTXR balance sheet.
Do analysts think it's a good time to buy CTXR stock
Out of 2 sell side analysts who give forecasts on CTXR, the consensus analyst rating on Citius Pharmaceuticals is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Citius Pharmaceuticals stock forecast page.
CTXR Technical Indicators
Are CTXR executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at CTXR have not bought or sold any shares.
Get more info about who owns CTXR stock here.
Can I rely on CTXR as an income stream?
No, Citius Pharmaceuticals doesn't provide an income stream by paying out dividends.
What do other investors have to say about CTXR?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your CTXR buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you want additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your CTXR investment
Now that you own some CTXR stock, you'll want to keep up with your new investment.
Make a watchlist to track the most important metrics related to your CTXR stock.
CTXR Feed
How to Buy Stock in Citius Pharmaceuticals
To reiterate, here are the 6 steps for buying Citius Pharmaceuticals stock:
- Figure out where to buy Citius Pharmaceuticals stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze Citius Pharmaceuticals stock
- Place your CTXR buy order
- Get the latest news on your CTXR investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Citius Pharmaceuticals, create a watchlist today.
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