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How to Buy Gyre Therapeutics Stock

Gyre Therapeutics Inc

Gyre Therapeutics Inc is a biopharmaceutical company headquartered in San Diego, CA, that is primarily focused on the development and commercialization of Hydronidone (F351) for the treatment of Metabolic Dysfunction Associated Steatohepatitis (MASH-associated liver fibrosis (MASH fibrosis), formerly known as Nonalcoholic Steatohepatitis (NASH)) in the United States.

Gyre Therapeutics stock last closed at $17.53, up 4.41% from the previous day, and has increased 484.33% in one year. It has overperformed other stocks in the Biotechnology industry by 4.9 percentage points. Gyre Therapeutics stock is currently +515.09% from its 52-week low of $2.85, and -42.34% from its 52-week high of $30.40.

As of Mar 27, 2024, there are 85.42M shares of GYRE outstanding. The market cap of GYRE is $1.50B. In the past 24 hours, 71,488 GYRE shares were traded.

How to Buy Gyre Therapeutics Stock

Not sure how to invest in Gyre Therapeutics stock? Here's how.
  1. Figure out where to buy Gyre 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 figure out where to buy Gyre Therapeutics stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your payment method and add your info.
  4. Research Gyre Therapeutics stock: The Gyre Therapeutics ticker symbol is GYRE. Is Gyre Therapeutics stock a good investment? Should you buy shares of GYRE? How do GYRE's underlying business fundamentals look? Do top analysts think Gyre Therapeutics is a good buy? Why has GYRE's stock price moved recently? (Hint: Our stock research tools can help you evaluate if GYRE is a good stock to buy).
  5. Place your GYRE trade: Decide if you will purchase GYRE shares at the current market price or use a limit order to purchase GYRE stock at a given price.
  6. Get key alerts regarding your investment in GYRE: Create a watchlist to keep track of your position in Gyre Therapeutics stock.

Step 1: Figure out where to buy Gyre Therapeutics stock

You need a brokerage account to access the NASDAQ market and buy GYRE stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in GYRE today.

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  2. Provide your personal data to open a new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have opened your account on the best app for stock investing, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing funds into your new investment account.

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Step 4: Research Gyre Therapeutics stock

After you have figured out the best place to buy Gyre Therapeutics stock, it's absolutely critical to research their stock prior to buying, so you actually comprehend the risk as well as the upside.

Gyre Therapeutics shares at a glance

GYRE Price
$17.53
1w %
-1.85%
1y %
484.33%
5y %
-85.92%
P/E
-12.43x
P/B
-94.61x
P/S
10.17x
PEG
N/A
Revenue
$113.45M
Earnings
-$92.93M
Fore. Rev. Growth
-23.95%
Fore. Earn. Growth
N/A
Market Cap
$1.50B
Next Earnings
Mar 28, 2024
Next Dividend
N/A

Fundamentals of GYRE

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on GYRE's stock page.

Is GYRE stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge GYRE's intrinsic value.

You can access more valuation research on GYRE's stock here.

GYRE Financial Summary

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the GYRE balance sheet.
  • There are more short-term assets than short-term liabilities on the GYRE balance sheet.
  • GYRE's operating cash flow of $25.89M allows it to safely service it's debt of $409.00k.

Failed Financial Due Diligence Checks:

  • Total GYRE debt is still negative.
  • GYRE debt to equity ratio of -2.41 is negative.
  • GYRE profit margin has gone down from 2.3% to -81.9% in the past year.
  • GYRE earnings of -$84.42M is not enough to cover its interest payments.

You can dive deeper into what analysts are saying on the Gyre Therapeutics stock forecast page.

GYRE Trading Indicators

SMA10
17.57
SMA20
18.34
SMA50
16.88
SMA100
18.2
SMA200
12.3
MACD
-0.22
MACD Signal
0.02
MACD Histogram
-0.24
RSI
48.91
Stochastic %K
20.21
Stochastic %D
19.34
StochRSI %K
29.23
StochRSI %D
22.46

GYRE Growth Metrics

Last year, GYRE revenue was $113.45M. In the past three year, GYRE's revenue has gone up by 164.06% per year. This was faster than the Biotechnology industry average of 29.77%.

You can research GYRE's earnings and revenue performance here.

What are GYRE insiders up to?

Over the last year, insiders at GYRE have bought as many shares as they have sold.

Nassim Usman, Director of GYRE, was the latest GYRE insider to sell. They sold $345,200.00 worth of GYRE shares on Mar 15, 2024.

Research more about who owns GYRE stock here.

Can I get consistent income from GYRE stock?

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

What others are saying about GYRE

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your GYRE trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order allows you 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 given price, use a limit order.

Click the Open button and your broker will place your order.

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Step 6: Get key alerts regarding your investment in GYRE

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

Add GYRE to a watchlist to track the most important metrics related to your GYRE stock.

GYRE Feed

How to Buy Stock in Gyre Therapeutics

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

  1. Figure out where to buy Gyre Therapeutics stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Research Gyre Therapeutics stock
  5. Place your GYRE trade
  6. Get key alerts regarding your investment in GYRE

If you are looking for a online brokerage, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Gyre Therapeutics, click below.

NASDAQ: GYRE
$17.53+0.74 (+4.41%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: GYRE
$17.53+0.74 (+4.41%)
Updated Mar 27, 2024
Open eToro Account

FAQ

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

As of Mar 27, 2024, it costs $17.53 to buy one share of Gyre Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.456 shares of GYRE.

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.

What is the best way to buy Gyre Therapeutics stock?

One way to place an order for Gyre 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.