How to Buy Connect Biopharma Holdings Stock
Connect Biopharma Holdings Ltd
Connect Biopharma Holdings Limited, a clinical-stage biopharmaceutical company, focuses on the discovery and development of immune modulators for the treatment of serious autoimmune diseases and inflammation.
Connect Biopharma Holdings stock last closed at $0.74, down 10.96% from the previous day, and has decreased 52.32% in one year. It has overperformed other stocks in the Biotechnology industry by 0.26 percentage points. Connect Biopharma Holdings stock is currently +44.9% from its 52-week low of $0.51, and -64.47% from its 52-week high of $2.08.
At the moment, there are 55.35M CNTB shares outstanding. The market capitalization of CNTB is $40.90M. In the last 24 hours, 103,779 CNTB shares were traded.
How to Buy Connect Biopharma Holdings Stock
Not sure how to invest in Connect Biopharma Holdings stock? Here's how.
- Figure out where to buy Connect Biopharma Holdings stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Connect Biopharma Holdings stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your details.
- Research Connect Biopharma Holdings stock: The Connect Biopharma Holdings ticker symbol is CNTB. Is Connect Biopharma Holdings stock a good investment? Should you buy shares of CNTB? How do CNTB's underlying business fundamentals look? Do top analysts think Connect Biopharma Holdings is a good buy? Why has CNTB's stock price moved recently? (Hint: Our stock research tools can help you figure out if CNTB is a good stock to buy).
- Place your CNTB purchase: Decide if you will purchase CNTB shares at the current market price or use a limit order to purchase CNTB shares at a given price.
- Monitor your CNTB position: Create a watchlist to keep tabs on your new investment in Connect Biopharma Holdings stock.
Step 1: Figure out where to buy Connect Biopharma Holdings stock
You need a brokerage account to access the NASDAQ market and buy CNTB stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to invest in CNTB today.
How to Set Up 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 details to open a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on stock market apps, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your new brokerage account.
Step 4: Research Connect Biopharma Holdings stock
After you have figured out the best place to buy Connect Biopharma Holdings stock, it's critical to analyze their stock before you buy, so you truly comprehend the risk as well as the upside.
Connect Biopharma Holdings shares at a glance
CNTB Due Diligence Checks
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on CNTB's stock page.
Is CNTB stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge CNTB's true value.
Using relative valuations metrics:
- CNTB could be undervalued based on its P/B ratio of 0.44x, relative to Biotechnology industry P/B ratio of 4.05x
You can do more valuation research on CNTB's stock here.
CNTB Financial Summary
Signs that CNTB is financially healthy:
- CNTB has a low debt to equity ratio of 0.1.
- Total CNTB debt is lower than 5 years ago, relative to shareholder equity.
- CNTB has $93.71M in cash and short term investments. This is sufficient to cover its annual cash burn of $24.36M.
- There are more short-term assets than long-term liabilities on the CNTB balance sheet.
- CNTB has cash burn of 24362000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the CNTB balance sheet.
Signs that CNTB is not financially healthy:
- CNTB profit margin has gone down from N/A to -60% in the past year.
Is CNTB stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who give forecasts on CNTB, the consensus analyst rating on Connect Biopharma Holdings is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Connect Biopharma Holdings stock forecast page.
CNTB Trading Indicators
Latest Insiders Trades at CNTB
Over the last year, executives and large shareholders at CNTB have not bought or sold any shares.
Research more about who owns CNTB stock here.
Does CNTB provide a stable income stream?
No, Connect Biopharma Holdings doesn't provide an income stream by paying out dividends.
What others are saying about CNTB
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your CNTB purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Press the Open button and your broker will place your order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Monitor your CNTB position
Now that you own some shares in CNTB, you'll want to stay up-to-date on your investment.
Start a watchlist to monitor your CNTB stock.
CNTB Feed
How to Buy Stock in Connect Biopharma Holdings
To summarize, here are the 6 steps you need to take to buy Connect Biopharma Holdings stock right now:
- Figure out where to buy Connect Biopharma Holdings stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Connect Biopharma Holdings stock
- Place your CNTB purchase
- Monitor your CNTB position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Connect Biopharma Holdings, create a watchlist on WallStreetZen today.
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