How to Buy Korro Bio Stock
Korro Bio Inc
Korro Bio, Inc. , a biopharmaceutical company, discovers, develops, and commercializes genetic medicines based on editing RNA for the treatment of rare and highly prevalent diseases. Korro Bio, Inc.
Korro Bio stock last closed at $13.64, down 1.87% from the previous day, and has decreased 80.05% in one year. It has underperformed other stocks in the Biotechnology industry by 0.02 percentage points. Korro Bio stock is currently +22.55% from its 52-week low of $11.13, and -86.08% from its 52-week high of $98.00.
At the moment, there are 9.39M shares of KRRO outstanding. The market cap of KRRO is $128.06M. In the past 24 hours, 73,468 KRRO shares were traded.
How to Buy Korro Bio Stock
Not sure how to invest in Korro Bio stock? Here's how.
- Decide where to buy Korro Bio stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Korro Bio stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your details.
- Research Korro Bio stock: The Korro Bio ticker symbol is KRRO. Is Korro Bio stock a good investment? Should you buy shares of KRRO? How do KRRO's underlying business fundamentals look? Do top analysts think Korro Bio is a good buy? Why has KRRO's stock price moved recently? (Hint: Our stock analysis website can help you figure out if KRRO is a good stock to buy).
- Make your KRRO trade: Decide if you will purchase KRRO shares at the current market price or use a limit order to purchase KRRO shares at a particular price.
- Track your investment in KRRO: Create a watchlist to key updates about your position in Korro Bio shares.
Step 1: Decide where to buy Korro Bio stock
You will need a brokerage account in order to access the NASDAQ market and buy KRRO stock.
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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 info so you are able to invest in KRRO stock 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.
- Input your personal details to start your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the best stock investing app, you need to deposit funds:
Check out the tutorial below if you need help depositing funds into your new investment account.
Step 4: Research Korro Bio stock
Once you have figured out the best place to buy Korro Bio stock, it's critical to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.
Overview of key KRRO info
Korro Bio Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on KRRO's stock page.
What is the fair value of KRRO stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge KRRO's fair value.
Using relative valuations metrics:
- KRRO could be undervalued based on its P/B ratio of 0.8x, relative to Biotechnology industry P/B ratio of 4.04x
You can access additional valuation analysis on KRRO's stock here.
Is KRRO a healthy company?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the KRRO balance sheet.
- KRRO has $126.10M in cash and short term investments. This is sufficient to cover its annual cash burn of $77.98M.
- KRRO has cash burn of 77976000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the KRRO balance sheet.
Negative Financial Indicators:
- KRRO profit margin has gone down from N/A to -3,680.4% in the past year.
- Total KRRO debt is higher than 5 years ago, relative to shareholder equity.
- KRRO has a relatively high debt to equity ratio of 0.41.
Is it a good time to buy KRRO stock, according to Wall Street analysts?
Out of 4 Equities analysts who research KRRO, the consensus analyst rating on Korro Bio is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Korro Bio stock forecast page.
KRRO Trading Indicators
KRRO Revenue
Last year, KRRO revenue was $2.27M. During the past 5 year, KRRO's revenue has gone up by -39.89% per year. This was slower than the Biotechnology industry average of 44.31%.
You can research KRRO's earnings and revenue performance here.
Latest Insiders Trades at KRRO
In the past year, insiders at KRRO have bought as many shares as they have sold.
Vineet Agarwal, Chief Financial Officer of KRRO, was the latest KRRO insider to sell. They sold $56,000.00 worth of KRRO shares on Nov 11, 2024.
Research more about who owns KRRO shares here.
Does KRRO stock generate passive income?
No, Korro Bio doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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Step 5: Make your KRRO trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Track your investment in KRRO
Now that you own some KRRO shares, you'll want to keep up with your new company.
Make a watchlist to keep track of your KRRO stock.
KRRO Feed
How to Buy Stock in Korro Bio
To summarize, here are the 6 steps you need to take to buy Korro Bio stock right now:
- Decide where to buy Korro Bio stock
- Sign up for a brokerage account
- Fund your investment account
- Research Korro Bio stock
- Make your KRRO trade
- Track your investment in KRRO
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your investment in Korro Bio, click below.
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