How to Buy Burning Rock Biotech Stock
Burning Rock Biotech Ltd
Burning Rock Biotech Limited primarily develops and provides cancer therapy selection tests in the People's Republic of China.
Burning Rock Biotech stock last closed at $0.76, up 1.47% from the previous day, and has decreased 74.7% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.74 percentage points. Burning Rock Biotech stock is currently +32.69% from its 52-week low of $0.57, and -75.06% from its 52-week high of $3.04.
As of May 2, 2024, there are 102.44M BNR shares outstanding. The market value of BNR is $77.75M. In the past 24 hours, 18,802 BNR shares were traded.
How to Buy Burning Rock Biotech Stock
Wondering how to invest in Burning Rock Biotech stock? Here's how.
- Choose where to buy Burning Rock Biotech stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Burning Rock Biotech stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Analyze Burning Rock Biotech stock: The Burning Rock Biotech ticker symbol is BNR. Is Burning Rock Biotech stock a good investment? Should you buy shares of BNR? How do BNR's underlying business fundamentals look? Do top analysts think Burning Rock Biotech is a good buy? Why has BNR's stock price moved recently? (Hint: Our stock analysis website can help you decide if BNR is a good stock to buy).
- Make your BNR buy order: Decide if you will purchase BNR shares at the current market price or use a limit order to purchase BNR shares at a particular price.
- Get the latest news on your BNR investment: Create a watchlist to important updates regarding your investment in Burning Rock Biotech shares.
Step 1: Choose where to buy Burning Rock Biotech stock
You will need an online brokerage account to access the NASDAQ market and buy BNR stock.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you can invest in BNR stock today.
How to Create a New 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.
- Input your personal info to start your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on the best free stock trading app, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your brokerage account.
Step 4: Analyze Burning Rock Biotech stock
Once you have chosen the best place to buy Burning Rock Biotech stock, it's crucial to analyze their stock prior to investing, so you can understand the risk as well as the opportunity.
Burning Rock Biotech stock data
Fundamentals of Burning Rock Biotech
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on BNR's stock page.
Is BNR stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge BNR's fair value.
Using relative valuations measures:
- BNR may be undervalued based on its P/B ratio of 0.73x, relative to Diagnostics & Research industry P/B ratio of 4.16x
You can do more valuation research on BNR's stock here.
BNR Financial Health Summary
Signs that BNR is financially healthy:
- There are more short-term assets than long-term liabilities on the BNR balance sheet.
- There are more short-term assets than short-term liabilities on the BNR balance sheet.
- BNR has $85.09M in cash and short term investments. This is enough to cover its annual cash burn of $36.49M.
- BNR has cash burn of 36487275. It has sufficient cash and short-term investments to cover this for at least one year.
- BNR has a low debt to equity ratio of 0.35.
Signs that BNR is not financially healthy:
- BNR profit margin has gone up by 0.51 percentage points in the past year, but the company is still unprofitable.
You can dive deeper into what analysts are forecasting on the Burning Rock Biotech stock forecast page.
BNR Momentum
BNR Revenue
Last year, BNR revenue was $74.33M. During the past five year, BNR's revenue has grown by 20.19% per year. This was faster than the Diagnostics & Research industry average of 12.54%.
Learn more about BNR's earnings and revenue performance here.
What are BNR executives and large shareholders up to?
In the last 12 months, insiders at BNR have not bought or sold any shares.
Dig into more about who owns BNR stock here.
Does BNR provide a stable income stream?
No, Burning Rock Biotech doesn't provide an income stream by paying out dividends.
BNR Social Trading Data
One of the major 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: Make your BNR buy order
There are two main order types:
- 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 is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Press the Open button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your BNR investment
Now that you own some BNR shares, you'll want to keep up with your investment.
Put BNR on a watchlist to track the most important metrics related to your BNR stock.
BNR Feed
How to Buy Stock in Burning Rock Biotech
To reiterate, here are the 6 steps you need to take to buy Burning Rock Biotech stock right now:
- Choose where to buy Burning Rock Biotech stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Burning Rock Biotech stock
- Make your BNR buy order
- Get the latest news on your BNR investment
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Burning Rock Biotech, add BNR to your watchlist by clicking the button below.
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