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How to Buy Benitec Biopharma Stock

Benitec Biopharma Inc

Benitec Biopharma Inc. , a development-stage biotechnology company, focuses on the development of novel genetic medicines. The company develops DNA-directed RNA interference based therapeutics for chronic and life-threatening human conditions.

Benitec Biopharma stock last closed at $6.88, up 9.21% from the previous day, and has increased 84.35% in one year. It has overperformed other stocks in the Biotechnology industry by 1.11 percentage points. Benitec Biopharma stock is currently +269.89% from its 52-week low of $1.86, and -35.7% from its 52-week high of $10.70.

As of Jun 21, 2024, there are 9.37M shares of BNTC outstanding. The market value of BNTC is $64.45M. In the last 24 hours, 381,454 BNTC shares were traded.

How to Buy Benitec Biopharma Stock

Wondering how to invest in Benitec Biopharma stock? Here's how.
  1. Decide where to buy Benitec Biopharma stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Benitec Biopharma stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your method of payment and add your info.
  4. Research Benitec Biopharma stock: The Benitec Biopharma ticker symbol is BNTC. Is Benitec Biopharma stock a good investment? Should you buy shares of BNTC? How do BNTC's underlying business fundamentals look? Do top analysts think Benitec Biopharma is a good buy? Why has BNTC's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if BNTC is a good stock to buy).
  5. Execute your BNTC buy order: Decide if you will purchase BNTC shares at the current market price or use a limit order to buy BNTC stock at a specific price.
  6. Get the latest news on your BNTC investment: Create a watchlist to key updates about your new investment in Benitec Biopharma shares.

Step 1: Decide where to buy Benitec Biopharma stock

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

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

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Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal details so you can invest in BNTC today.

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Step 3: Deposit funds into your investment account

Now that you've opened your account on app for stock, you can securely and quickly fund your account:

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Step 4: Research Benitec Biopharma stock

After you have selected the best place to buy Benitec Biopharma stock, it's critical to research their stock prior to buying, so you truly comprehend the risk and opportunity.

Benitec Biopharma quick stats

BNTC Price
$6.88
1w %
-5.88%
1y %
84.35%
5y %
-94.94%
P/E
-70.2x
P/B
5.6x
P/S
2,293.33x
PEG
N/A
Revenue
$7.00k
Earnings
-$21.69M
Fore. Rev. Growth
2,507.86%
Fore. Earn. Growth
N/A
Market Cap
$64.45M
Next Earnings
N/A
Next Dividend
N/A

Benitec Biopharma Overview

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

You can view all of the due diligence checks on BNTC's stock page.

Is BNTC stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge BNTC's fair value.

Using relative valuations ratios:

  • BNTC could be undervalued based on its P/B ratio of 5.6x, relative to Biotechnology industry P/B ratio of 6.2x

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

BNTC Financials at a glance

Signs that BNTC is financially healthy:

  • There are more short-term assets than short-term liabilities on the BNTC balance sheet.
  • BNTC has a low debt to equity ratio of 0.3.
  • There are more short-term assets than long-term liabilities on the BNTC balance sheet.

Signs that BNTC is not financially healthy:

  • BNTC profit margin has gone down from -29,364.7% to -309,885.7% in the past year.
  • BNTC has cash burn of 20384000. It does not have enough cash and short-term investments to cover this.
  • BNTC has $14.18M in cash and short term investments. This is not sufficient to cover its annual cash burn of $20.38M.

Is BNTC stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Equities analysts who give recommendations on BNTC, the consensus analyst rating on Benitec Biopharma is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Benitec Biopharma stock forecast page.

BNTC Trading Indicators

SMA10
7.25
SMA20
7.58
SMA50
7.7
SMA100
6.04
SMA200
4.64
MACD
-0.29
MACD Signal
-0.17
MACD Histogram
-0.12
RSI
41.51
Stochastic %K
30.58
Stochastic %D
31.4
StochRSI %K
31.25
StochRSI %D
39.7

BNTC Growth Metrics

Last year, BNTC revenue was $7.00k. In the last 3 year, BNTC's revenue has gone up by -88.01% per year. This was slower than the Biotechnology industry average of 31.33%.

Dig into BNTC's earnings and revenue performance here.

What are BNTC executives and large shareholders up to?

In the last year, insiders at BNTC have not bought or sold any shares.

Dig into more about who owns BNTC stock here.

Does BNTC stock generate passive income?

No, Benitec Biopharma doesn't provide an income stream by paying out dividends.

BNTC Social Trading Data

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Step 5: Execute your BNTC buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, place a limit order.

Hit the Open Trade button and your broker will place the order.

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Step 6: Get the latest news on your BNTC investment

Now that you own some BNTC shares, you'll want to stay up-to-date on your new investment.

Put BNTC on a watchlist to get alerted to the latest events about your BNTC stock.

BNTC Feed

How to Buy Stock in Benitec Biopharma

To reiterate, here are the 6 steps to buy Benitec Biopharma stock:

  1. Decide where to buy Benitec Biopharma stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Research Benitec Biopharma stock
  5. Execute your BNTC buy order
  6. Get the latest news on your BNTC investment

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If you want to keep tabs on your new investment in Benitec Biopharma, hit the button below to create your watchlist.

NASDAQ: BNTC
$6.88+0.58 (+9.21%)
Updated Jun 21, 2024
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NASDAQ: BNTC
$6.88+0.58 (+9.21%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Benitec Biopharma share?

As of Jun 21, 2024, it costs $6.88 to buy one share of Benitec Biopharma stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.436 shares of BNTC.

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 Benitec Biopharma stock?

According to 2 Wall Street analysts who monitor Benitec Biopharma, their consensus recommendation is to buy Benitec Biopharma stock.

What is the best way to buy Benitec Biopharma stock?

One way to place an order for Benitec Biopharma 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.