How to Buy Theratechnologies Stock
Theratechnologies Inc
Theratechnologies Inc. , a biopharmaceutical company, focuses on the development and commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe.
Theratechnologies stock last closed at $2.55, up 1.19% from the previous day, and has increased 90.3% in one year. It has overperformed other stocks in the Biotechnology industry by 1.68 percentage points. Theratechnologies stock is currently +136.11% from its 52-week low of $1.08, and -18.53% from its 52-week high of $3.13.
There are currently 45.98M THTX shares outstanding. The market value of THTX is $117.25M. In the last 24 hours, 1.08M THTX shares were traded.
How to Buy Theratechnologies Stock
Wondering how to invest in Theratechnologies stock? Here's how.
- Decide where to buy Theratechnologies stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Theratechnologies stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your payment method and add your details.
- Evaluate Theratechnologies stock: The Theratechnologies ticker symbol is THTX. Is Theratechnologies stock a good investment? Should you buy shares of THTX? How do THTX's underlying business fundamentals look? Do top analysts think Theratechnologies is a good buy? Why has THTX's stock price moved recently? (Hint: Our stock analysis website can help you understand if THTX is a good stock to buy).
- Make your THTX trade: Decide if you will purchase THTX shares at the current market price or use a limit order to buy THTX shares at a specific price.
- Keep an eye on your THTX position: Create a watchlist to important updates regarding your position in Theratechnologies stock.
Step 1: Decide where to buy Theratechnologies stock
You need a brokerage account to access the NASDAQ market and buy THTX stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Buy other financial assets: Such as ETFs and cryptos.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to invest in THTX stock today.
How to Open a New 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 start a new brokerage account.
- Submit your information 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 our top ranked stock trading app, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing funds into your investment account.
Step 4: Evaluate Theratechnologies stock
Once you have decided on the best place to buy Theratechnologies stock, it's important to research their stock before you invest, so you can comprehend the risk and upside.
Theratechnologies shares at a glance
THTX Fundamentals
WallStreetZen was created to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on THTX's stock page.
How is THTX stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge THTX's intrinsic value.
You can do more valuation analysis on THTX's stock here.
How do THTX Financials look?
Passed Financial Due Diligence Checks:
- THTX profit margin has gone up from -23% to -4.2% in the past year.
- THTX has $3.03M in cash and short term investments. This is enough to cover its annual cash burn of $3.96M.
- There are more short-term assets than short-term liabilities on the THTX balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the THTX balance sheet.
- THTX debt to equity ratio of -3.31 is negative.
- Total THTX debt is still negative.
- THTX has cash burn of 3958041. It does not have sufficient cash and short-term investments to cover this.
You can dig deeper into what analysts are saying on the Theratechnologies stock forecast page.
THTX Technicals
THTX Revenue
Last year, THTX revenue was $62.00M. During the past five year, THTX's revenue has grown by 5.56% per year. This was slower than the Biotechnology industry average of 44.31%.
Dive into THTX's earnings and revenue performance here.
Who is buying/selling THTX?
Over the last year, insiders at THTX have not bought or sold any shares.
Research more about who owns THTX stock here.
Can I rely on THTX as an income stream?
No, Theratechnologies doesn't provide an income stream by paying out dividends.
THTX Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your THTX trade
You have two main options:
- 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. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you need more assistance buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your THTX position
Now that you own some THTX shares, you'll want to stay up-to-date on your stock purchase.
Put THTX on a watchlist to get notified of important updates regarding your THTX stock.
THTX Feed
How to Buy Stock in Theratechnologies
To reiterate, here are the 6 steps you need to take to buy Theratechnologies stock right now:
- Decide where to buy Theratechnologies stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Theratechnologies stock
- Make your THTX trade
- Keep an eye on your THTX position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your new investment in Theratechnologies, add THTX to your watchlist below.
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