How to Buy Silo Pharma Stock
Silo Pharma Inc
Silo Pharma Inc. operates as a developmental stage biopharmaceutical company. The company is developing therapeutics that address underserved conditions, including stress-induced psychiatric disorders, chronic pain conditions, and central nervous system (CNS) diseases.
Silo Pharma stock last closed at $1.06, down 1.4% from the previous day, and has decreased 46.73% in one year. It has overperformed other stocks in the Biotechnology industry by 0.31 percentage points. Silo Pharma stock is currently +37.66% from its 52-week low of $0.77, and -76.44% from its 52-week high of $4.50.
At the moment, there are 4.48M shares of SILO outstanding. The market value of SILO is $4.75M. In the past 24 hours, 23,244 SILO shares were traded.
How to Buy Silo Pharma Stock
Not sure how to invest in Silo Pharma stock? Here's how.
- Choose where to buy Silo Pharma stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Silo Pharma stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Analyze Silo Pharma stock: The Silo Pharma ticker symbol is SILO. Is Silo Pharma stock a good investment? Should you buy shares of SILO? How do SILO's underlying business fundamentals look? Do top analysts think Silo Pharma is a good buy? Why has SILO's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if SILO is a good stock to buy).
- Place your SILO buy order: Decide if you will purchase SILO shares at the current market price or use a limit order to buy SILO stock at a particular price.
- Monitor your SILO position: Create a watchlist to important notifications about your position in Silo Pharma shares.
Step 1: Choose where to buy Silo Pharma stock
You need a brokerage account to access the NASDAQ market and buy SILO stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you are able to invest in SILO stock 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.
- Provide your personal data to create your new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on our top ranked stock app, you can securely and quickly fund your account:
Check out the video below to see the process of transferring money into your brokerage account.
Step 4: Analyze Silo Pharma stock
After you have chosen the best place to buy Silo Pharma stock, it's important to research their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Overview of key SILO info
Fundamentals of Silo Pharma
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SILO's stock page.
Is SILO stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SILO's true value.
Using relative valuations ratios:
- SILO may be undervalued based on its P/B ratio of 0.94x, relative to Biotechnology industry P/B ratio of 4.04x
You can access additional valuation analysis on SILO's stock here.
SILO Financials at a glance
Positive Financial Indicators:
- Total SILO debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the SILO balance sheet.
- SILO has cash burn of 3833914. 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 SILO balance sheet.
Negative Financial Indicators:
- SILO profit margin has gone down from -5,132.6% to -6,092.6% in the past year.
- SILO has $7.08M in cash and short term investments. This is not sufficient to cover its annual cash burn of $3.83M.
- SILO has a relatively high debt to equity ratio of 0.47.
SILO Trading Indicators
SILO Growth Metrics
Last year, SILO revenue was $72.10k. During the past 5 year, SILO's revenue has increased by 12.19% per year. This was slower than the Biotechnology industry average of 44.31%.
Find out more about SILO's earnings and revenue performance here.
Who is buying/selling SILO?
Over the last 12 months, executives and large shareholders at SILO have bought more shares than they have sold.
Eric Weisblum, CEO and President of SILO, was the latest SILO insider to buy. They bought $2,097.50 worth of SILO stock on Dec 13, 2024.
Dig into more about who owns SILO stock here.
Can I get consistent income from SILO stock?
No, Silo Pharma doesn't provide an income stream by paying out dividends.
What do other traders have to say about SILO?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your SILO 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 available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and your broker will execute your order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Monitor your SILO position
Now that you own some SILO shares, you'll want to keep up with your new company.
Start a watchlist to track the most important metrics related to your SILO stock.
SILO Feed
How to Buy Stock in Silo Pharma
To summarize, here are the 6 steps you need to take to buy Silo Pharma stock right now:
- Choose where to buy Silo Pharma stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Analyze Silo Pharma stock
- Place your SILO buy order
- Monitor your SILO position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Silo Pharma, add SILO to your watchlist below.
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