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 $3.15, up 0.32% from the previous day, and has decreased 77.34% in one year. It has underperformed other stocks in the Biotechnology industry by 0.45 percentage points. 2seventy Bio stock is currently +4.65% from its 52-week low of $3.01, and -82.06% from its 52-week high of $17.56.
At the moment, there are 50.46M TSVT shares outstanding. The market capitalization of TSVT is $158.96M. In the past 24 hours, 1.23M TSVT shares were traded.
How to Buy 2seventy Bio Stock
Wondering how to invest in 2seventy Bio stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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Open eToro AccountStep 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.
How to Create a New Account on eToro
- Click here to get started.
- Enter your personal details to start a new brokerage account.
- Submit your data by hitting the "Create Account" button.
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.
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
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 0.43x, relative to Biotechnology industry P/B ratio of 5.11x
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 224794000. It has enough cash and short-term investments to cover this for at least one year.
- TSVT has $282.84M in cash and short term investments. This is sufficient to cover its annual cash burn of $224.79M.
- There are more short-term assets than long-term liabilities on the TSVT balance sheet.
Cons:
- TSVT has a relatively high debt to equity ratio of 0.92.
- TSVT profit margin has gone up by 3.74 percentage points in the past year, but the company is still unprofitable.
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 Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent TSVT Analyst Forecasts
Salveen Richter, a top 20% analyst from Goldman Sachs downgrades TSVT to a hold rating and announces their TSVT price target of $5.00, on Sep 13, 2023.
Kelsey Goodwin, a bottom 20% analyst from Guggenheim maintains TSVT with a strong buy rating and lowers their TSVT price target from $27.00 to $26.00, on Aug 15, 2023.
David Nierengarten, a top 11% analyst from Wedbush maintains TSVT with a buy rating and lowers their TSVT price target from $26.00 to $22.00, on Jul 28, 2023.
Matthew Harrison, a bottom 3% analyst from Morgan Stanley downgrades TSVT to a hold rating and lowers their TSVT price target from $25.00 to $13.00, on Jul 28, 2023.
You can dig deeper into what analysts are projecting on the 2seventy Bio stock forecast page.
TSVT Technicals
TSVT Growth Numbers
Last year, TSVT revenue was $147.25M. In the last 2 year, TSVT's revenue has grown by 75.94% per year. This was slower than the Biotechnology industry average of 108.03%.
Dig into TSVT's earnings and revenue performance here.
Are TSVT insiders buying or selling the stock?
In the past year, insiders at TSVT have bought more shares than they have sold.
William D. Baird Iii, Chief Financial Officer of TSVT, was the latest TSVT insider to sell. They sold $38,579.10 worth of TSVT shares on Aug 22, 2023.
Dig into more 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.
Get opinions from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your TSVT purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - 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 particular dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your TSVT position
Now that you own some shares in TSVT, you'll want to keep up with your new shares.
Put TSVT on a watchlist to monitor your TSVT stock.
TSVT Feed
How to Buy Stock in 2seventy Bio
To summarize, here are the 6 steps for buying 2seventy Bio stock:
- Choose where to buy 2seventy Bio stock
- Create your brokerage account
- Put funds into your brokerage account
- Research 2seventy Bio stock
- Place your TSVT purchase
- Get the latest scoop on your TSVT position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in 2seventy Bio, create a watchlist on WallStreetZen today.
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