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How to buy Purple Biotech stock | $4.04

Own Purple Biotech stock in just a few minutes.

Fact checked

Purple Biotech Ltd is a biotechnology business based in the US. Purple Biotech shares (PPBT) are listed on the NASDAQ and all prices are listed in US Dollars. Purple Biotech employs 9 staff and has a trailing 12-month revenue of around USD$1 million.

How to buy shares in Purple Biotech

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Purple Biotech. Find the stock by name or ticker symbol: PPBT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Purple Biotech reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$4.04, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Purple Biotech, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Purple Biotech. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Purple Biotech share price

Use our graph to track the performance of PPBT stocks over time.

Purple Biotech shares at a glance

Information last updated 2021-01-12.
Latest market closeUSD$4.04
52-week rangeUSD$0.22 - USD$4.7
50-day moving average USD$3.9928
200-day moving average USD$6.3955
Wall St. target priceUSD$25
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Purple Biotech stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Purple Biotech price performance over time

Historical closes compared with the close of $4.04 from 2021-01-11

1 week (2021-01-07) 1.76%
1 month (2020-12-17) -0.49%
3 months (2020-10-16) -6.70%
6 months (2020-07-17) 425.36%
1 year (2020-01-17) 381.12%
2 years (2019-01-17) 180.56%
3 years (2018-01-17) 72.65%
5 years (2016-01-15) 53.03%

Purple Biotech financials

Revenue TTM USD$1 million
Gross profit TTM USD$1 million
Return on assets TTM -9.15%
Return on equity TTM -92.04%
Profit margin 0%
Book value N/A
Market capitalisation USD$69.1 million

TTM: trailing 12 months

Shorting Purple Biotech shares

There are currently 41,881 Purple Biotech shares held short by investors – that's known as Purple Biotech's "short interest". This figure is 214% up from 13,339 last month.

There are a few different ways that this level of interest in shorting Purple Biotech shares can be evaluated.

Purple Biotech's "short interest ratio" (SIR)

Purple Biotech's "short interest ratio" (SIR) is the quantity of Purple Biotech shares currently shorted divided by the average quantity of Purple Biotech shares traded daily (recently around 1.0 million). Purple Biotech's SIR currently stands at 0.04. In other words for every 100,000 Purple Biotech shares traded daily on the market, roughly 40 shares are currently held short.

However Purple Biotech's short interest can also be evaluated against the total number of Purple Biotech shares, or, against the total number of tradable Purple Biotech shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Purple Biotech's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Purple Biotech shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Purple Biotech shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Purple Biotech.

Find out more about how you can short Purple Biotech stock.

Purple Biotech share dividends

We're not expecting Purple Biotech to pay a dividend over the next 12 months.

Purple Biotech share price volatility

Over the last 12 months, Purple Biotech's shares have ranged in value from as little as $0.22 up to $4.7. A popular way to gauge a stock's volatility is its "beta".

PPBT.US volatility(beta: 2.01)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Purple Biotech's is 2.01. This would suggest that Purple Biotech's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Purple Biotech overview

Purple Biotech Ltd., a clinical-stage pharmaceutical company, focuses on the development and commercialization of various pharmaceutical drugs. It operates through two segments, Oncology, and Pain and Hypertension. The company's marketed products include Consensi, a fixed-dose combination of celecoxib and amlodipine besylate for the simultaneous treatment of osteoarthritis pain and hypertension in the United States, as well as in China and South Korea. Its oncology pipeline includes NT-219, a small molecule that is advancing as a monotherapy treatment of advanced solid tumors and in combination with cetuximab for the treatment of recurrent or metastatic squamous cell carcinoma of head and neck cancer in a planned phase 1/2 study; and CM-24, a monoclonal antibody blocking CEACAM1 that is being developed as a combination therapy with anti-PD1 checkpoint inhibitors for the treatment of non-small cell lung cancer and pancreatic cancer. The company was formerly known as Kitov Pharma Ltd and changed its name to Purple Biotech Ltd. in December 2020. Purple Biotech Ltd. is headquartered in Tel Aviv, Israel.

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