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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 $23.77, up 2.63% from the previous day, and has decreased 7.69% in one year. It has overperformed other stocks in the Biotechnology industry by 0.16 percentage points. Bicycle Therapeutics stock is currently +89.55% from its 52-week low of $12.54, and -17.78% from its 52-week high of $28.91.

At the moment, there are 42.78M BCYC shares outstanding. The market cap of BCYC is $1.02B. In the last 24 hours, 307,189 BCYC shares were traded.

How to Buy Bicycle Therapeutics Stock

Not sure how to invest in Bicycle Therapeutics stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

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

Our preferred brokerage: eToro

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Step 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

  1. Click here to get started.
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  2. Enter your personal data to open your new brokerage account.
  1. Send your info by hitting the "Create Account" button.
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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.

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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

BCYC Price
$23.77
1w %
4.53%
1y %
-7.69%
5y %
99.75%
P/E
-5.38x
P/B
2.86x
P/S
24.3x
PEG
N/A
Revenue
$41.61M
Earnings
-$168.16M
Fore. Rev. Growth
-3.38%
Fore. Earn. Growth
N/A
Market Cap
$1.02B
Next Earnings
Aug 1, 2024
Next Dividend
N/A

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 2.86x, relative to Biotechnology industry P/B ratio of 6.25x

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 $457.00M in cash and short term investments. This is enough to cover its annual cash burn of $85.93M.
  • BCYC has cash burn of 85928000. It has sufficient cash and short-term investments to cover this for at least one year.
  • 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.

Failed Financial Due Diligence Checks:

  • BCYC has a relatively high debt to equity ratio of 0.54.
  • BCYC profit margin has gone up by 3.97 percentage points in the past year, but the company is still unprofitable.

Do Wall Street analysts think it's a good time to buy BCYC stock

Out of 4 Equities analysts who give ratings on BCYC, the consensus analyst rating on BCYC is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Bicycle Therapeutics stock forecast page.

BCYC Trading Indicators

SMA10
22.81
SMA20
22.51
SMA50
22.85
SMA100
22.44
SMA200
20.2
MACD
0.11
MACD Signal
-0.05
MACD Histogram
0.16
RSI
57.83
Stochastic %K
44.44
Stochastic %D
42.29
StochRSI %K
90.42
StochRSI %D
88.64

BCYC Performance Numbers

Last year, BCYC revenue was $41.61M. In the past five year, BCYC's revenue has grown by 31.18% per year. This was slower than the Biotechnology industry average of 31.53%.

Dig into BCYC's earnings and revenue performance here.

What are BCYC executives and large shareholders up to?

Over the past year, executives and large shareholders at BCYC have sold more shares than they have bought.

Michael Charles Ferguson Hannay, CHIEF PROD SUPPLY CHAIN OFF of BCYC, was the latest BCYC insider to sell. They sold $5,779.93 worth of BCYC stock on Apr 11, 2024.

Get more info about who owns BCYC stock here.

Can I get consistent income from BCYC stock?

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

What others are saying about BCYC

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 traders have to say.

Step 5: Place your BCYC trade

You have two primary options:

  • 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 lets you 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 dollar amount, use a limit order.

Click the Open button and eToro will place your order.

If you require more help with investing in stocks on eToro, click the how to video below:

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Step 6: Watch your BCYC investment

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

Start a watchlist to track the most important metrics related to your BCYC stock.

BCYC Feed

How to Buy Stock in Bicycle Therapeutics

To summarize, here are the 6 steps to buy Bicycle Therapeutics stock:

  1. Decide where to buy Bicycle Therapeutics stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Bicycle Therapeutics stock
  5. Place your BCYC trade
  6. Watch your BCYC investment

If you require a online brokerage, eToro is our recommended venue.

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.

If you want to get notifications regarding your new investment in Bicycle Therapeutics, add BCYC to your watchlist by clicking the button below.

NASDAQ: BCYC
$23.77+0.61 (+2.63%)
Updated Jun 11, 2024
Open eToro Account
NASDAQ: BCYC
$23.77+0.61 (+2.63%)
Updated Jun 11, 2024
Open eToro Account

FAQ

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

As of Jun 11, 2024, it costs $23.77 to buy one share of Bicycle Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.421 shares of BCYC.

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 Bicycle Therapeutics stock?

According to 4 Wall Street analysts who monitor Bicycle Therapeutics, their consensus recommendation is to buy Bicycle Therapeutics stock.

What is the best way to buy Bicycle Therapeutics stock?

One way to place an order for Bicycle 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.