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How to Buy 2seventy Bio Stock

2seventy Bio Inc

2seventy bio, Inc. , a cell and gene therapy company, focuses on the research, development, and commercialization of treatments for cancer in the United States.

2seventy Bio stock last closed at $4.77, up 7.43% from the previous day, and has decreased 53.87% in one year. It has underperformed other stocks in the Biotechnology industry by 0.41 percentage points. 2seventy Bio stock is currently +210.75% from its 52-week low of $1.54, and -56.2% from its 52-week high of $10.89.

At the moment, there are 51.41M TSVT shares outstanding. The market capitalization of TSVT is $245.20M. In the past 24 hours, 543,944 TSVT shares were traded.

How to Buy 2seventy Bio Stock

Wondering how to invest in 2seventy Bio stock? Here's how.
  1. Choose where to buy 2seventy Bio stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy 2seventy Bio stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your payment method and add your details.
  4. Research 2seventy Bio stock: The 2seventy Bio ticker symbol is TSVT. Is 2seventy Bio stock a good investment? Should you buy shares of TSVT? How do TSVT's underlying business fundamentals look? Do top analysts think 2seventy Bio is a good buy? Why has TSVT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if TSVT is a good stock to buy).
  5. Place your TSVT purchase: Decide if you will purchase TSVT shares at the current market price or use a limit order to purchase TSVT shares at a specific price.
  6. Get the latest scoop on your TSVT position: Create a watchlist to keep tabs on your new investment in 2seventy Bio shares.

Step 1: Choose where to buy 2seventy Bio stock

You will need an online brokerage account in order to access the NASDAQ market and buy TSVT shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal details so you are able to buy TSVT stock today.

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Step 3: Put funds into your brokerage account

Now that you have created your account on the stocks app, your next step is to transfer the money for your investment:

Watch the walkthrough below for more details transferring money into your new brokerage account.

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Step 4: Research 2seventy Bio stock

After you have selected the best place to buy 2seventy Bio stock, it's absolutely critical to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.

2seventy Bio Metrics

TSVT Price
$4.77
1w %
20.76%
1y %
-53.87%
5y %
N/A
P/E
-1.1x
P/B
1.18x
P/S
3.49x
PEG
N/A
Revenue
$71.20M
Earnings
-$223.22M
Fore. Rev. Growth
1.89%
Fore. Earn. Growth
N/A
Market Cap
$245.20M
Next Earnings
Aug 12, 2024
Next Dividend
N/A

2seventy Bio Fundamentals

WallStreetZen was designed to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on TSVT's stock page.

What is the fair value of TSVT stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TSVT's intrinsic value.

Using relative valuations metrics:

  • TSVT may be undervalued based on its P/B ratio of 1.18x, relative to Biotechnology industry P/B ratio of 6.46x

You can do additional valuation analysis on TSVT's stock here.

How do TSVT Financials look?

Pros:

  • There are more short-term assets than short-term liabilities on the TSVT balance sheet.
  • TSVT has cash burn of 167869000. It has enough cash and short-term investments to cover this for at least one year.
  • TSVT has $181.38M in cash and short term investments. This is sufficient to cover its annual cash burn of $167.87M.

Cons:

  • TSVT has a relatively high debt to equity ratio of 1.46.
  • There are more long-term liabilities than short-term assets on the TSVT balance sheet.
  • TSVT profit margin has gone down from -172.8% to -313.5% in the past year.

Do analysts think it's a good time to buy 2seventy Bio stock

Out of 4 Equities analysts who track TSVT, the consensus analyst rating on TSVT is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the 2seventy Bio stock forecast page.

TSVT Technicals

SMA10
4.1
SMA20
3.96
SMA50
4.25
SMA100
4.61
SMA200
4.08
MACD
0.04
MACD Signal
-0.07
MACD Histogram
0.11
RSI
65.76
Stochastic %K
83.83
Stochastic %D
71.68
StochRSI %K
100
StochRSI %D
89.61

Is TSVT Making Money?

Last year, TSVT revenue was $71.20M. In the last 2 year, TSVT's revenue has gone up by 18.1% per year. This was slower than the Biotechnology industry average of 31.95%.

Dive into TSVT's earnings and revenue performance here.

Are TSVT insiders buying or selling the stock?

In the past 12 months, insiders at TSVT have bought more shares than they have sold.

Victoria Eatwell, Chief Financial Officer of TSVT, was the latest TSVT insider to sell. They sold $48.22 worth of TSVT shares on Jul 2, 2024.

Get more info about who owns TSVT stock here.

Does TSVT stock generate passive income?

No, 2seventy Bio doesn't provide an income stream by paying out dividends.

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Step 5: Place your TSVT purchase

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 usually fine.
  • Limit order: A limit order lets you buy or sell a stock 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.

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Step 6: Get the latest scoop on your TSVT position

Now that you own some TSVT shares, you'll want to stay up-to-date on your new shares.

Make a watchlist to get the latest updates about your TSVT stock.

TSVT Feed

How to Buy Stock in 2seventy Bio

To summarize, here are the 6 steps you need to take to buy 2seventy Bio stock right now:

  1. Choose where to buy 2seventy Bio stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Research 2seventy Bio stock
  5. Place your TSVT purchase
  6. Get the latest scoop on your TSVT position

If you require a brokerage, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in 2seventy Bio, add TSVT to your watchlist below.

NASDAQ: TSVT
$4.77+0.33 (+7.43%)
Updated Jul 15, 2024
Open eToro Account
NASDAQ: TSVT
$4.77+0.33 (+7.43%)
Updated Jul 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one 2seventy Bio share?

As of Jul 15, 2024, it costs $4.77 to buy one share of 2seventy Bio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.419 shares of TSVT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy 2seventy Bio stock?

According to 4 Wall Street analysts who monitor 2seventy Bio, their consensus recommendation is to buy 2seventy Bio stock.

What is the best way to buy 2seventy Bio stock?

One way to place an order for 2seventy Bio stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.