How to Buy Bicycle Therapeutics Stock
Bicycle Therapeutics PLC
Bicycle Therapeutics plc, a clinical-stage biopharmaceutical company, develops a class of medicines for diseases that are underserved by existing therapeutics.
Bicycle Therapeutics stock last closed at $19.95, up 3.85% from the previous day, and has increased 37.3% in one year. It has overperformed other stocks in the Biotechnology industry by 0.53 percentage points. Bicycle Therapeutics stock is currently +37.4% from its 52-week low of $14.52, and -30.42% from its 52-week high of $28.67.
At the moment, there are 69.05M BCYC shares outstanding. The market cap of BCYC is $1.38B. In the last 24 hours, 139,585 BCYC shares were traded.
How to Buy Bicycle Therapeutics Stock
Not sure how to invest in Bicycle Therapeutics stock? Here's how.
- Decide where to buy Bicycle Therapeutics stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Bicycle Therapeutics stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Analyze Bicycle Therapeutics stock: The Bicycle Therapeutics ticker symbol is BCYC. Is Bicycle Therapeutics stock a good investment? Should you buy shares of BCYC? How do BCYC's underlying business fundamentals look? Do top analysts think Bicycle Therapeutics is a good buy? Why has BCYC's stock price moved recently? (Hint: Our stock analysis website can help you figure out if BCYC is a good stock to buy).
- Place your BCYC trade: Decide if you will purchase BCYC shares at the current market price or use a limit order to purchase BCYC shares at a specific price.
- Watch your BCYC investment: Create a watchlist to important updates regarding your new investment in Bicycle Therapeutics shares.
Step 1: Decide where to buy Bicycle Therapeutics stock
You need a brokerage account in order to access the NASDAQ market and buy BCYC stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can buy BCYC today.
How to Set Up a New Investment 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 data to open your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on a investment app, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Bicycle Therapeutics stock
Once you have chosen the best place to buy Bicycle Therapeutics stock, it's critical to analyze their stock before you invest, so you truly wrap your head around the risk and opportunity.
Bicycle Therapeutics quick stats
Bicycle Therapeutics Due Diligence Checks
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BCYC's stock page.
What is the fair value of BCYC stock?
You can use many financial metrics, analyses, models, and charts to gauge BCYC's intrinsic value.
Using relative valuations measures:
- BCYC could be undervalued based on its P/B ratio of 1.66x, relative to Biotechnology industry P/B ratio of 5.68x
You can do additional valuation analysis on BCYC's stock here.
A look at BCYC Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- BCYC has $890.86M in cash and short term investments. This is enough to cover its annual cash burn of $203.53M.
- BCYC has a low debt to equity ratio of 0.2.
- There are more short-term assets than short-term liabilities on the BCYC balance sheet.
- There are more short-term assets than long-term liabilities on the BCYC balance sheet.
- BCYC has cash burn of 203534000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total BCYC debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- BCYC profit margin has gone up by 2 percentage points in the past year, but the company is still unprofitable.
Is BCYC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 7 sell side analysts who track BCYC, the consensus analyst rating on BCYC is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest BCYC Analyst Upgrades/Downgrades
Jay Olson, a top 5% analyst from Oppenheimer maintains BCYC with a buy rating and maintains their BCYC price target from $48.00 to $48.00, on Aug 7, 2024.
Kalpit Patel, a top 27% analyst from B. Riley Securities downgrades BCYC to a hold rating and lowers their BCYC price target from $33.00 to $28.00, on Aug 7, 2024.
You can dive deeper into what analysts are projecting on the Bicycle Therapeutics stock forecast page.
BCYC Technical Indicators
BCYC Growth Numbers
Last year, BCYC revenue was $36.90M. In the past five year, BCYC's revenue has gone up by 30.96% per year. This was slower than the Biotechnology industry average of 65.8%.
Dive into BCYC's earnings and revenue performance here.
Who is buying/selling BCYC?
Over the past 12 months, executives and large shareholders at BCYC have sold more shares than they have bought.
Travis Alvin Thompson, CHIEF ACCOUNTING OFFICER of BCYC, was the latest BCYC insider to sell. They sold $5,733.42 worth of BCYC stock on Nov 11, 2024.
Dig into more about who owns BCYC shares here.
Does BCYC provide a stable income stream?
No, Bicycle Therapeutics doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your BCYC trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you want more help buying stocks on eToro, watch the helpful video below:
Step 6: Watch your BCYC investment
Now that you own some BCYC shares, you'll want to stay up-to-date on your company.
Add BCYC to a watchlist to get notified of important updates regarding your BCYC stock.
BCYC Feed
How to Buy Stock in Bicycle Therapeutics
To summarize, here are the 6 steps to buy stock in Bicycle Therapeutics:
- Decide where to buy Bicycle Therapeutics stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Bicycle Therapeutics stock
- Place your BCYC trade
- Watch your BCYC investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Bicycle Therapeutics, add BCYC to your watchlist below.
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