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How to Buy Elicio Therapeutics Stock

Elicio Therapeutics Inc

Elicio Therapeutics, Inc. , a clinical-stage biotechnology company, engages in developing a pipeline of novel immunotherapies for the treatment of cancer and other diseases.

Elicio Therapeutics stock last closed at $9.25, up 0.33% from the previous day, and has increased 20.84% in one year. It has overperformed other stocks in the Biotechnology industry by 0.45 percentage points. Elicio Therapeutics stock is currently +212.5% from its 52-week low of $2.96, and -62.07% from its 52-week high of $24.39.

At the moment, there are 10.24M ELTX shares outstanding. The market cap of ELTX is $94.68M. In the last 24 hours, 24,650 ELTX shares were traded.

How to Buy Elicio Therapeutics Stock

Not sure how to invest in Elicio Therapeutics stock? Here's how.
  1. Figure out where to buy Elicio Therapeutics stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Elicio Therapeutics stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  4. Analyze Elicio Therapeutics stock: The Elicio Therapeutics ticker symbol is ELTX. Is Elicio Therapeutics stock a good investment? Should you buy shares of ELTX? How do ELTX's underlying business fundamentals look? Do top analysts think Elicio Therapeutics is a good buy? Why has ELTX's stock price moved recently? (Hint: Our stock market analysis website can help you understand if ELTX is a good stock to buy).
  5. Make your ELTX buy order: Decide if you will purchase ELTX shares at the current market price or use a limit order to buy ELTX shares at a specific price.
  6. Monitor your ELTX investment: Create a watchlist to keep tabs on your investment in Elicio Therapeutics stock.

Step 1: Figure out where to buy Elicio Therapeutics stock

You need a brokerage account to access the NASDAQ market and buy ELTX shares.

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

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal details so you can buy ELTX stock today.

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Step 3: Deposit money your brokerage account

Now that you have filled out your info on the best stock broker app, you can securely and quickly fund your account:

Check out the video below for more details depositing money into your investment account.

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Step 4: Analyze Elicio Therapeutics stock

After you have chosen the best place to buy Elicio Therapeutics stock, it's very important to analyze their stock before you invest, so you actually comprehend the risk and opportunity.

Elicio Therapeutics Numbers

ELTX Price
$9.25
1w %
-0.54%
1y %
20.84%
5y %
N/A
P/E
-1.33x
P/B
8.32x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$35.20M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$94.68M
Next Earnings
May 8, 2024
Next Dividend
N/A

Elicio Therapeutics Zen Score

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.

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

What is the fair value of ELTX stock?

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

Using relative valuations methods:

  • ELTX could be overvalued based on its P/B ratio of 8.32x, relative to Biotechnology industry P/B ratio of 5.86x

You can do more valuation research on ELTX's stock here.

A look at ELTX Cashflows and Balance Sheet

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the ELTX balance sheet.
  • There are more short-term assets than short-term liabilities on the ELTX balance sheet.

Failed Health Checks:

  • ELTX has cash burn of 32726000. It does not have enough cash and short-term investments to cover this.
  • ELTX has $13.62M in cash and short term investments. This is not sufficient to cover its annual cash burn of $32.73M.
  • ELTX has a relatively high debt to equity ratio of 1.39.
  • Total ELTX debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Elicio Therapeutics stock

Out of 1 Wall Street analysts who research ELTX, the consensus analyst rating on ELTX is a Buy

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

You can dig deeper into what analysts are saying on the Elicio Therapeutics stock forecast page.

ELTX Technicals

SMA10
9.27
SMA20
8.62
SMA50
6.41
SMA100
5.99
SMA200
7.11
MACD
0.8
MACD Signal
0.89
MACD Histogram
-0.09
RSI
60.56
Stochastic %K
67.47
Stochastic %D
61.83
StochRSI %K
26.57
StochRSI %D
21.01

ELTX Earnings

Last year, ELTX revenue was $0.00. Over the last five year, ELTX's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 28.91%.

Learn more about ELTX's earnings and revenue performance here.

Are ELTX executives and large shareholders buying or selling the stock?

In the last year, insiders at ELTX have bought more shares than they have sold.

Yekaterina Chudnovsky, Director of ELTX, was the latest ELTX insider to buy. They bought $7,047,530.00 worth of ELTX shares on Dec 22, 2023.

Dig into more about who owns ELTX stock here.

Does ELTX stock generate passive income?

No, Elicio Therapeutics doesn't provide an income stream by paying out dividends.

What others are saying about ELTX

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your ELTX buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.

Click the Open button and eToro will place the order.

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Step 6: Monitor your ELTX investment

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

Create a watchlist to keep track of your ELTX stock.

ELTX Feed

How to Buy Stock in Elicio Therapeutics

To reiterate, here are the 6 steps you need to take to buy Elicio Therapeutics stock right now:

  1. Figure out where to buy Elicio Therapeutics stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Elicio Therapeutics stock
  5. Make your ELTX buy order
  6. Monitor your ELTX investment

If you require a place to buy stocks, eToro is our recommended option.

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If you want to keep track of your investment in Elicio Therapeutics, create your watchlist below.

NASDAQ: ELTX
$9.25+0.03 (+0.33%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: ELTX
$9.25+0.03 (+0.33%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Elicio Therapeutics share?

As of Apr 24, 2024, it costs $9.25 to buy one share of Elicio Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.432 shares of ELTX.

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 Elicio Therapeutics stock?

According to 1 Wall Street analysts who monitor Elicio Therapeutics, their consensus recommendation is to buy Elicio Therapeutics stock.

What is the best way to buy Elicio Therapeutics stock?

One way to place an order for Elicio Therapeutics 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.