How to Buy Arcellx Stock
Arcellx Inc
Arcellx, Inc. , a clinical-stage biotechnology company, engages in the development of various immunotherapies for patients with cancer and other incurable diseases.
Arcellx stock last closed at $52.69, down 1.13% from the previous day, and has increased 21.18% in one year. It has overperformed other stocks in the Biotechnology industry by 0.39 percentage points. Arcellx stock is currently +71.41% from its 52-week low of $30.74, and -29.84% from its 52-week high of $75.10.
At the moment, there are 52.8M shares of ACLX outstanding. The market cap of ACLX is $2.78B. In the past 24 hours, 397,791 ACLX shares were traded.
How to Buy Arcellx Stock
Not sure how to invest in Arcellx stock? Here's how.
- Choose where to buy Arcellx stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Arcellx stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your details.
- Analyze Arcellx stock: The Arcellx ticker symbol is ACLX. Is Arcellx stock a good investment? Should you buy shares of ACLX? How do ACLX's underlying business fundamentals look? Do top analysts think Arcellx is a good buy? Why has ACLX's stock price moved recently? (Hint: Our stock market research tools can help you decide if ACLX is a good stock to buy).
- Execute your ACLX buy order: Decide if you will purchase ACLX shares at the current market price or use a limit order to purchase ACLX shares at a given price.
- Get key alerts regarding your ACLX investment: Create a watchlist to get the latest news on your investment in Arcellx stock.
Step 1: Choose where to buy Arcellx stock
You need a brokerage account in order to access the NASDAQ market and buy ACLX shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you are able to invest in ACLX today.
How to Create 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.
- Enter your personal info to open a new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the best stock app for beginners, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring funds into your new investment account.
Step 4: Analyze Arcellx stock
After you have figured out the best place to buy Arcellx stock, it's critical to research their stock prior to buying, so you actually comprehend the risk and upside.
Arcellx stock at a glance
Fundamentals of ACLX
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ACLX's stock page.
How is ACLX stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ACLX's intrinsic value.
Using relative valuations methods:
- ACLX may be undervalued based on its P/B ratio of 5.73x, relative to Biotechnology industry P/B ratio of 6.01x
You can do additional valuation analysis on ACLX's stock here.
ACLX Financial Health Overview
Passed Financial Due Diligence Checks:
- ACLX's operating cash flow of $207.57M allows it to safely service it's debt of $97.63M.
- There are more short-term assets than short-term liabilities on the ACLX balance sheet.
- There are more short-term assets than long-term liabilities on the ACLX balance sheet.
Failed Financial Due Diligence Checks:
- ACLX profit margin has gone down from N/A to -64.1% in the past year.
- ACLX has a relatively high debt to equity ratio of 0.7.
- ACLX earnings of -$66.19M is not sufficient to cover its interest payments.
Is it a good time to buy ACLX stock, according to analysts?
Out of 9 Equities analysts who give forecasts on ACLX, the consensus analyst rating on Arcellx is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Latest ACLX Analyst Recommendations
John Newman, a bottom 20% analyst from Canaccord Genuity maintains ACLX with a strong buy rating and raises their ACLX price target from $66.00 to $85.00, on Feb 29, 2024.
Carter Gould, a top 20% analyst from Barclays maintains ACLX with a strong buy rating and raises their ACLX price target from $62.00 to $73.00, on Feb 29, 2024.
Jack Allen, a bottom 1% analyst from Baird maintains ACLX with a buy rating and raises their ACLX price target from $63.00 to $77.00, on Feb 29, 2024.
George Farmer, a top 26% analyst from ScotiaBank initiates coverage on ACLX with a buy rating and announces their ACLX price target of $66.00, on Dec 19, 2023.
You can dive deeper into what analysts are projecting on the Arcellx stock forecast page.
ACLX Momentum
Are ACLX insiders buying or selling the stock?
In the last year, executives and large shareholders at ACLX have sold more shares than they have bought.
Christopher Heery, CHIEF MEDICAL OFFICER of ACLX, was the latest ACLX insider to sell. They sold $5,355.00 worth of ACLX stock on May 1, 2024.
Research more about who owns ACLX stock here.
Does ACLX provide a stable income stream?
No, Arcellx doesn't provide an income stream by paying out dividends.
What others are saying about ACLX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your ACLX buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you need additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your ACLX investment
Now that you own some ACLX shares, you'll want to stay up-to-date on your company.
Put ACLX on a watchlist to get notified of the latest news about your ACLX stock.
ACLX Feed
How to Buy Stock in Arcellx
To reiterate, here are the 6 steps to buy Arcellx stock:
- Choose where to buy Arcellx stock
- Create your brokerage account
- Fund your investment account
- Analyze Arcellx stock
- Execute your ACLX buy order
- Get key alerts regarding your ACLX investment
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Arcellx, create a watchlist on WallStreetZen today.
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