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 $2.58, up 2.79% from the previous day, and has decreased 68.73% in one year. It has underperformed other stocks in the Biotechnology industry by 0.46 percentage points. Adaptive Biotechnologies stock is currently +13.16% from its 52-week low of $2.28, and -71.59% from its 52-week high of $9.08.
At the moment, there are 145.09M ADPT shares outstanding. The market cap of ADPT is $374.34M. In the last 24 hours, 1.52M ADPT shares were traded.
How to Buy Adaptive Biotechnologies Stock
Not sure how to invest in Adaptive Biotechnologies stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your information.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 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.
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.
- Provide your personal details to open your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
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:
Check out the tutorial below if you need help depositing funds into your brokerage account.
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
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 1.21x, relative to Biotechnology industry P/B ratio of 5.93x
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 $349.33M in cash and short term investments. This is sufficient to cover its annual cash burn of $167.02M.
- Total ADPT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ADPT balance sheet.
- ADPT has cash burn of 167021000. It has sufficient cash and short-term investments to cover this for at least one year.
Cons:
- ADPT has a relatively high debt to equity ratio of 1.14.
- ADPT profit margin has gone down from -108% to -132.3% in the past year.
Is it a good time to buy ADPT stock, according to analysts?
Out of 5 Wall Street analysts who monitor ADPT, the consensus analyst rating on ADPT is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Adaptive Biotechnologies stock forecast page.
ADPT Technical Indicators
ADPT Performance Metrics
Last year, ADPT revenue was $170.28M. Over the past 5 year, ADPT's revenue has increased by 25.06% per year. This was slower than the Biotechnology industry average of 28.88%.
Dive into ADPT's earnings and revenue performance here.
Latest Insiders Trades at ADPT
Over the last 12 months, executives and large shareholders 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 $12,600.00 worth of ADPT shares on Mar 12, 2024.
Learn more about who owns ADPT stock here.
Does ADPT provide a stable income stream?
No, Adaptive Biotechnologies doesn't provide an income stream by paying out dividends.
What others are saying about ADPT
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your ADPT purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - 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 a particular price limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require more help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your ADPT investment
Now that you own some shares in ADPT, you'll want to keep up with your shares.
Create a watchlist to keep tabs on your ADPT stock.
ADPT Feed
How to Buy Stock in Adaptive Biotechnologies
To reiterate, here are the 6 steps for buying Adaptive Biotechnologies stock:
- Choose where to buy Adaptive Biotechnologies stock
- Create your brokerage account
- Fund your investment account
- Research Adaptive Biotechnologies stock
- Place your ADPT purchase
- Keep tabs on your ADPT investment
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Adaptive Biotechnologies, create your watchlist below.
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