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How to Buy Adaptive Biotechnologies Stock

Adaptive Biotechnologies Corp

Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases.

Adaptive Biotechnologies stock last closed at $4.15, down 2.81% from the previous day, and has decreased 51.46% in one year. It has underperformed other stocks in the Biotechnology industry by 0.32 percentage points. Adaptive Biotechnologies stock is currently +59.31% from its 52-week low of $2.61, and -54.74% from its 52-week high of $9.17.

At the moment, there are 144.77M ADPT shares outstanding. The market cap of ADPT is $600.81M. In the last 24 hours, 1.26M ADPT shares were traded.

How to Buy Adaptive Biotechnologies Stock

Not sure how to invest in Adaptive Biotechnologies stock? Here's how.
  1. Choose where to buy Adaptive Biotechnologies stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Adaptive Biotechnologies stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Choose your payment method and add your information.
  4. Research Adaptive Biotechnologies stock: The Adaptive Biotechnologies ticker symbol is ADPT. Is Adaptive Biotechnologies stock a good investment? Should you buy shares of ADPT? How do ADPT's underlying business fundamentals look? Do top analysts think Adaptive Biotechnologies is a good buy? Why has ADPT's stock price moved recently? (Hint: Our stock research website can help you figure out if ADPT is a good stock to buy).
  5. Place your ADPT purchase: Decide if you will purchase ADPT shares at the current market price or use a limit order to buy ADPT shares at a particular price.
  6. Keep tabs on your ADPT investment: Create a watchlist to get live updates on your position in Adaptive Biotechnologies shares.

Step 1: Choose where to buy Adaptive Biotechnologies stock

You need an online brokerage account to access the NASDAQ market and buy ADPT shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal details so you are able to buy ADPT today.

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Step 3: Fund your investment account

Now that you have finished signing up on apps for stocks, your next step is to transfer the money for your investment:

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Step 4: Research Adaptive Biotechnologies stock

Once you have figured out the best place to buy Adaptive Biotechnologies stock, it's very important to analyze their stock prior to buying, so you truly understand the risk and opportunity.

Adaptive Biotechnologies Numbers

ADPT Price
$4.15
1w %
8.64%
1y %
-51.46%
5y %
N/A
P/E
-3.05x
P/B
1.66x
P/S
3.34x
PEG
N/A
Revenue
$179.69M
Earnings
-$195.94M
Fore. Rev. Growth
12.79%
Fore. Earn. Growth
N/A
Market Cap
$600.81M
Next Earnings
N/A
Next Dividend
N/A

Adaptive Biotechnologies Due Diligence Checks

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ADPT's stock page.

Is ADPT stock overvalued?

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

Using relative valuations metrics:

  • ADPT may be undervalued based on its P/B ratio of 1.66x, relative to Biotechnology industry P/B ratio of 6.14x

You can access additional valuation research on ADPT's stock here.

How do ADPT Financials look?

Pros:

  • There are more short-term assets than short-term liabilities on the ADPT balance sheet.
  • ADPT has $374.05M in cash and short term investments. This is sufficient to cover its annual cash burn of $171.35M.
  • ADPT has cash burn of 171352000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the ADPT balance sheet.

Cons:

  • ADPT profit margin has gone up by 0.23 percentage points in the past year, but the company is still unprofitable.
  • ADPT has a relatively high debt to equity ratio of 0.98.

Is ADPT stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 4 Wall Street analysts who track ADPT, the consensus analyst rating on ADPT is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Adaptive Biotechnologies stock forecast page.

Metrics for Advanced ADPT Traders

SMA10
3.99
SMA20
3.84
SMA50
4.27
SMA100
4.36
SMA200
5.56
MACD
-0.01
MACD Signal
-0.09
MACD Histogram
0.08
RSI
53.82
Stochastic %K
86.56
Stochastic %D
82.34
StochRSI %K
92.82
StochRSI %D
96.7

How is ADPT performing as a company?

Last year, ADPT revenue was $179.69M. During the past 4 year, ADPT's revenue has grown by 23.18% per year. This was slower than the Biotechnology industry average of 30.66%.

You can research ADPT's earnings and revenue performance here.

Who is buying/selling ADPT?

Over the last year, insiders at ADPT have sold more shares than they have bought.

Peter M. Neupert, Director of ADPT, was the latest ADPT insider to buy. They bought $84,000.00 worth of ADPT shares on Dec 13, 2023.

Dig into more about who owns ADPT shares here.

Does ADPT stock generate passive income?

No, Adaptive Biotechnologies doesn't provide an income stream by paying out dividends.

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Step 5: Place your ADPT purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, place a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Keep tabs on your ADPT investment

Now that you own some ADPT stock, you'll want to stay up-to-date on your company.

Put ADPT on a watchlist to keep track of your ADPT stock.

ADPT Feed

How to Buy Stock in Adaptive Biotechnologies

To reiterate, here are the 6 steps for buying Adaptive Biotechnologies stock:

  1. Choose where to buy Adaptive Biotechnologies stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Research Adaptive Biotechnologies stock
  5. Place your ADPT purchase
  6. Keep tabs on your ADPT investment

If you are looking for a brokerage account, eToro is our favorite 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 would like to keep tabs on your new investment in Adaptive Biotechnologies, create a watchlist on WallStreetZen today.

NASDAQ: ADPT
$4.15-0.12 (-2.81%)
Updated Feb 28, 2024
Open eToro Account
NASDAQ: ADPT
$4.15-0.12 (-2.81%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Adaptive Biotechnologies share?

As of Feb 28, 2024, it costs $4.15 to buy one share of Adaptive Biotechnologies 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 0.482 shares of ADPT.

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 Adaptive Biotechnologies stock?

According to 4 Wall Street analysts who monitor Adaptive Biotechnologies, their consensus recommendation is to buy Adaptive Biotechnologies stock.

What is the best way to buy Adaptive Biotechnologies stock?

One way to place an order for Adaptive Biotechnologies 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.