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How to Buy Adicet Bio Stock

Adicet Bio Inc

Adicet Bio, Inc. , a biotechnology company, discovers and develops allogeneic gamma delta T cell therapies for cancer and other diseases.

Adicet Bio stock last closed at $1.21, down 3.97% from the previous day, and has decreased 64.41% in one year. It has underperformed other stocks in the Biotechnology industry by 0.53 percentage points. Adicet Bio stock is currently +15.24% from its 52-week low of $1.05, and -67.9% from its 52-week high of $3.77.

There are currently 82.17M ACET shares outstanding. The market value of ACET is $99.43M. In the last 24 hours, 932,573 ACET shares were traded.

How to Buy Adicet Bio Stock

Not sure how to invest in Adicet Bio stock? Here's how.
  1. Decide where to buy Adicet Bio stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Adicet Bio stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Select your method of payment and add your info.
  4. Research Adicet Bio stock: The Adicet Bio ticker symbol is ACET. Is Adicet Bio stock a good investment? Should you buy shares of ACET? How do ACET's underlying business fundamentals look? Do top analysts think Adicet Bio is a good buy? Why has ACET's stock price moved recently? (Hint: Our stock analysis website can help you figure out if ACET is a good stock to buy).
  5. Make your ACET purchase: Decide if you will purchase ACET shares at the current market price or use a limit order to buy ACET stock at a specific price.
  6. Keep an eye on your ACET position: Create a watchlist to keep tabs on your new investment in Adicet Bio shares.

Step 1: Decide where to buy Adicet Bio stock

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

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

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Step 2: Create a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal details so you can buy ACET stock today.

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  1. Submit your info by pressing the "Create Account" button.
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Step 3: Fund your investment account

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

Watch this video walkthrough for more details transferring funds into your new investment account.

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Step 4: Research Adicet Bio stock

Once you have identified the best place to buy Adicet Bio stock, it's very important to research their stock prior to buying, so you can comprehend the risk as well as the opportunity.

Adicet Bio stock data

ACET Price
$1.21
1w %
13.08%
1y %
-64.41%
5y %
-98.25%
P/E
-0.41x
P/B
0.38x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$139.79M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$99.43M
Next Earnings
Aug 7, 2024
Next Dividend
N/A

ACET Due Diligence Checks

WallStreetZen was created to help part-time investors do more accurate fundamental analysis.

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

Is ACET stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ACET's intrinsic value.

Using relative valuations methods:

  • ACET could be undervalued based on its P/B ratio of 0.38x, relative to Biotechnology industry P/B ratio of 6.45x

You can access more valuation research on ACET's stock here.

A look at ACET Cashflows and Balance Sheet

Signs that ACET is financially healthy:

  • ACET has $247.59M in cash and short term investments. This is sufficient to cover its annual cash burn of $95.26M.
  • There are more short-term assets than long-term liabilities on the ACET balance sheet.
  • There are more short-term assets than short-term liabilities on the ACET balance sheet.
  • ACET has cash burn of 95260000. It has sufficient cash and short-term investments to cover this for at least one year.
  • ACET has a low debt to equity ratio of 0.13.

Signs that ACET is not financially healthy:

  • Total ACET debt is higher than 5 years ago, relative to shareholder equity.

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

Out of 3 Equities analysts who track ACET, the consensus analyst rating on Adicet Bio is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Adicet Bio stock forecast page.

Metrics for Advanced ACET Traders

SMA10
68.84
SMA20
67.75
SMA50
70.09
SMA100
69.55
SMA200
67.83
MACD
-0.19
MACD Signal
-0.47
MACD Histogram
0.28
RSI
52.32
Stochastic %K
54.7
Stochastic %D
52.86
StochRSI %K
60.44
StochRSI %D
59.33

ACET Performance Metrics

Last year, ACET revenue was $0.00. During the past 5 year, ACET's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 32.01%.

Dig into ACET's earnings and revenue performance here.

Latest Insiders Trades at ACET

In the last 12 months, insiders at ACET have bought more shares than they have sold.

Michael Kauffman, Director of ACET, was the latest ACET insider to sell. They sold $8,437.00 worth of ACET shares on Jun 5, 2024.

Learn more about who owns ACET shares here.

Can I rely on ACET as an income stream?

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

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Step 5: Make your ACET 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 generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.

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

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Step 6: Keep an eye on your ACET position

Now that you own some ACET shares, you'll want to keep up with your new shares.

Create a watchlist to track your ACET stock.

ACET Feed

How to Buy Stock in Adicet Bio

To summarize, here are the 6 steps to buy Adicet Bio stock:

  1. Decide where to buy Adicet Bio stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Adicet Bio stock
  5. Make your ACET purchase
  6. Keep an eye on your ACET position

If you are looking for a brokerage account, eToro is our recommended venue.

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.

If you want to monitor your new investment in Adicet Bio, create a watchlist on WallStreetZen today.

NASDAQ: ACET
$1.21-0.05 (-3.97%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: ACET
$1.21-0.05 (-3.97%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Adicet Bio share?

As of Jul 12, 2024, it costs $1.21 to buy one share of Adicet Bio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.61, you can buy 0.5 shares of ACET.

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 Adicet Bio stock?

According to 3 Wall Street analysts who monitor Adicet Bio, their consensus recommendation is to buy Adicet Bio stock.

What is the best way to buy Adicet Bio stock?

One way to place an order for Adicet 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.