How to Buy Cargo Therapeutics Stock
Cargo Therapeutics Inc
CARGO Therapeutics, Inc. , a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients.
Cargo Therapeutics stock last closed at $20.24, up 1.4% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Biotechnology industry by N/A percentage points. Cargo Therapeutics stock is currently +54.03% from its 52-week low of $13.14, and -40.33% from its 52-week high of $33.92.
There are currently 39.36M CRGX shares outstanding. The market cap of CRGX is $796.71M. In the last 24 hours, 77,256 CRGX shares were traded.
How to Buy Cargo Therapeutics Stock
Wondering how to invest in Cargo Therapeutics stock? Here's how.
- Decide where to buy Cargo Therapeutics stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Cargo Therapeutics stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Research Cargo Therapeutics stock: The Cargo Therapeutics ticker symbol is CRGX. Is Cargo Therapeutics stock a good investment? Should you buy shares of CRGX? How do CRGX's underlying business fundamentals look? Do top analysts think Cargo Therapeutics is a good buy? Why has CRGX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CRGX is a good stock to buy).
- Place your CRGX purchase: Decide if you will purchase CRGX shares at the current market price or use a limit order to purchase CRGX shares at a given price.
- Get key alerts regarding your CRGX position: Create a watchlist to the latest updates on your investment in Cargo Therapeutics shares.
Step 1: Decide where to buy Cargo Therapeutics stock
You need an online brokerage account to access the NASDAQ market and buy CRGX shares.
Our recommended brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Technology to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to buy CRGX today.
How to Open a New Brokerage 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.
- Provide your personal info to create a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on app for investing, you need to deposit funds:
Watch this video walkthrough for more details transferring funds into your new brokerage account.
Step 4: Research Cargo Therapeutics stock
After you have identified the best place to buy Cargo Therapeutics stock, it's critical to research their stock prior to investing, so you actually comprehend the risk and opportunity.
Cargo Therapeutics Metrics
CRGX Fundamentals
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CRGX's stock page.
What is the fair value of CRGX stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CRGX's intrinsic value.
Using relative valuations methods:
- CRGX could be undervalued based on its P/B ratio of 1.97x, relative to Biotechnology industry P/B ratio of 6.06x
You can do additional valuation analysis on CRGX's stock here.
CRGX Financial Summary
Pros:
- CRGX has a low debt to equity ratio of 0.12.
- CRGX has $406.30M in cash and short term investments. This is enough to cover its annual cash burn of $89.44M.
- There are more short-term assets than short-term liabilities on the CRGX balance sheet.
- There are more short-term assets than long-term liabilities on the CRGX balance sheet.
- CRGX has cash burn of 89441000. It has sufficient cash and short-term investments to cover this for at least one year.
Is CRGX stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who track CRGX, the consensus analyst rating on Cargo Therapeutics is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Cargo Therapeutics stock forecast page.
CRGX Momentum
Latest Insiders Trades at CRGX
Over the past year, insiders at CRGX have bought more shares than they have sold.
Perceptive Advisors LLC, was the latest CRGX insider to buy. They bought $4,999,995.00 worth of CRGX shares on Nov 14, 2023.
Learn more about who owns CRGX shares here.
Can I get consistent income from CRGX stock?
No, Cargo Therapeutics doesn't provide an income stream by paying out dividends.
What do other traders have to say about CRGX?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your CRGX purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - 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 a given dollar amount, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you require additional help with buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your CRGX position
Now that you own some CRGX stock, you'll want to stay up-to-date on your new investment.
Put CRGX on a watchlist to keep track of your CRGX stock.
CRGX Feed
How to Buy Stock in Cargo Therapeutics
To reiterate, here are the 6 steps you need to take to buy Cargo Therapeutics stock right now:
- Decide where to buy Cargo Therapeutics stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Cargo Therapeutics stock
- Place your CRGX purchase
- Get key alerts regarding your CRGX position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Cargo Therapeutics, create your watchlist below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.