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 $1.88, down 10.71% from the previous day, and has decreased 69.31% in one year. It has underperformed other stocks in the Biotechnology industry by 0.46 percentage points. Adicet Bio stock is currently +70.45% from its 52-week low of $1.10, and -75% from its 52-week high of $7.50.
There are currently 82.15M ACET shares outstanding. The market value of ACET is $154.04M. In the last 24 hours, 1.35M ACET shares were traded.
How to Buy Adicet Bio Stock
Not sure how to invest in Adicet Bio stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your method of payment and add your info.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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Open eToro AccountStep 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.
How to Open a New Brokerage 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.
- Input your personal data to start your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
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.
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 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 0.91x, relative to Biotechnology industry P/B ratio of 5.86x
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 cash burn of 98181000. 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 ACET balance sheet.
- There are more short-term assets than short-term liabilities on the ACET balance sheet.
- ACET has a low debt to equity ratio of 0.22.
Signs that ACET is not financially healthy:
- ACET has $159.71M in cash and short term investments. This is not sufficient to cover its annual cash burn of $98.18M.
- 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
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 28.91%.
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.
Carl L. Gordon, Director of ACET, was the latest ACET insider to buy. They bought $2,500,080.00 worth of ACET shares on Jan 25, 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.
Get opinions from other traders
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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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.
If you require more info about investing in stocks on eToro, click the how to video below:
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:
- Decide where to buy Adicet Bio stock
- Create a brokerage account
- Fund your investment account
- Research Adicet Bio stock
- Make your ACET purchase
- Keep an eye on your ACET position
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Adicet Bio, create a watchlist on WallStreetZen today.
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