How to Buy Candel Therapeutics Stock
Candel Therapeutics Inc
Candel Therapeutics, Inc. , a clinical stage biopharmaceutical company, engages in the development immunotherapies for the cancer patients.
Candel Therapeutics stock last closed at $5.46, up 0.37% from the previous day, and has increased 261.59% in one year. It has overperformed other stocks in the Biotechnology industry by 2.88 percentage points. Candel Therapeutics stock is currently +727.27% from its 52-week low of $0.66, and -52.11% from its 52-week high of $11.40.
As of Apr 18, 2024, there are 29.35M CADL shares outstanding. The market cap of CADL is $160.24M. In the last 24 hours, 738,970 CADL shares were traded.
How to Buy Candel Therapeutics Stock
Wondering how to invest in Candel Therapeutics stock? Here's how.
- Decide where to buy Candel Therapeutics stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Candel Therapeutics stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Analyze Candel Therapeutics stock: The Candel Therapeutics ticker symbol is CADL. Is Candel Therapeutics stock a good investment? Should you buy shares of CADL? How do CADL's underlying business fundamentals look? Do top analysts think Candel Therapeutics is a good buy? Why has CADL's stock price moved recently? (Hint: Our stock market analysis website can help you decide if CADL is a good stock to buy).
- Make your CADL purchase: Decide if you will purchase CADL shares at the current market price or use a limit order to buy CADL stock at a given price.
- Get notifications regarding your CADL position: Create a watchlist to keep track of your position in Candel Therapeutics stock.
Step 1: Decide where to buy Candel Therapeutics stock
You need an online brokerage account to access the NASDAQ market and buy CADL stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you are able to buy CADL stock today.
How to Create 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 info to create your new brokerage account.
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Step 3: Put funds into your brokerage account
Now that you have opened your account on a mobile trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing funds into your brokerage account.
Step 4: Analyze Candel Therapeutics stock
Once you have selected the best place to buy Candel Therapeutics stock, it's very important to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Candel Therapeutics Metrics
Fundamentals of Candel Therapeutics
WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CADL's stock page.
Is CADL stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge CADL's intrinsic value.
Using relative valuations ratios:
- CADL may be overvalued based on its P/B ratio of 12.57x, relative to Biotechnology industry P/B ratio of 5.76x
You can access additional valuation analysis on CADL's stock here.
CADL Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the CADL balance sheet.
- CADL has cash burn of 34524000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the CADL balance sheet.
Failed Financial Due Diligence Checks:
- CADL has $35.68M in cash and short term investments. This is not enough to cover its annual cash burn of $34.52M.
- CADL has a relatively high debt to equity ratio of 2.23.
Is it a good time to buy CADL stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who research CADL, the consensus analyst rating on CADL is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Candel Therapeutics stock forecast page.
CADL Trading Indicators
Who is buying/selling CADL?
In the past year, executives and large shareholders at CADL have sold more shares than they have bought.
Jason Amello, Chief Financial Officer of CADL, was the latest CADL insider to sell. They sold $18,137.70 worth of CADL stock on Nov 28, 2023.
Dig into more about who owns CADL shares here.
Can I get consistent income from CADL stock?
No, Candel Therapeutics doesn't provide an income stream by paying out dividends.
What others are saying about CADL
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your CADL purchase
You have two primary 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 best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and eToro will place your order.
If you require more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your CADL position
Now that you own some CADL shares, you'll want to keep up with your new stock purchase.
Create a watchlist to keep tabs on your CADL stock.
CADL Feed
How to Buy Stock in Candel Therapeutics
To reiterate, here are the 6 steps you need to take to buy Candel Therapeutics stock right now:
- Decide where to buy Candel Therapeutics stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Candel Therapeutics stock
- Make your CADL purchase
- Get notifications regarding your CADL position
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your investment in Candel Therapeutics, click the button below.
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