How to Buy Cingulate Stock
Cingulate Inc
Cingulate Inc. , a clinical-stage biopharmaceutical company, focuses on the development of product candidates for the treatment of attention-deficit/hyperactivity disorder.
Cingulate stock last closed at $0.89, up 1.36% from the previous day, and has decreased 22.64% in one year. It has underperformed other stocks in the Biotechnology industry by 0.24 percentage points. Cingulate stock is currently +34.34% from its 52-week low of $0.66, and -55.4% from its 52-week high of $2.00.
There are currently 11.7M shares of CING outstanding. The market capitalization of CING is $10.44M. In the last 24 hours, 47,009 CING shares were traded.
How to Buy Cingulate Stock
Wondering how to invest in Cingulate stock? Here's how.
- Figure out where to buy Cingulate stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Cingulate stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your information.
- Research Cingulate stock: The Cingulate ticker symbol is CING. Is Cingulate stock a good investment? Should you buy shares of CING? How do CING's underlying business fundamentals look? Do top analysts think Cingulate is a good buy? Why has CING's stock price moved recently? (Hint: Our stock research website can help you evaluate if CING is a good stock to buy).
- Make your CING buy order: Decide if you will purchase CING shares at the current market price or use a limit order to purchase CING stock at a specific price.
- Get key alerts regarding your investment in CING: Create a watchlist to get the latest news on your position in Cingulate stock.
Step 1: Figure out where to buy Cingulate stock
You will need a brokerage account in order to access the NASDAQ market and buy CING shares.
Our favorite brokerage: eToro
We believe that eToro is the best stock brokerage. eToro gives you:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in CING stock today.
How to Create a New Account on eToro
- Click here to get started.
- Enter your personal info to start your new trading account.
- Submit your data by clicking the "Create Account" button.
Step 3: Deposit money your investment account
Now that you've filled out your info on mobile trading apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help transferring money into your investment account.
Step 4: Research Cingulate stock
After you have selected the best place to buy Cingulate stock, it's important to evaluate their stock prior to investing, so you actually understand the risk and opportunity.
Cingulate Numbers
CING Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on CING's stock page.
Is CING stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CING's true value.
Using relative valuations metrics:
- CING could be overvalued based on its P/B ratio of 127.92x, relative to Biotechnology industry P/B ratio of 5.18x
You can access additional valuation analysis on CING's stock here.
CING Financial Health
Signs that CING is financially healthy:
- There are more short-term assets than long-term liabilities on the CING balance sheet.
Signs that CING is not financially healthy:
- CING has a relatively high debt to equity ratio of 86.77.
- CING has $1.74M in cash and short term investments. This is not sufficient to cover its annual cash burn of $15.77M.
- CING has cash burn of 15774941. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the CING balance sheet.
Do Wall Street analysts think it's a good time to buy CING stock
Out of 1 Wall Street analysts who give ratings on CING, the consensus analyst rating on Cingulate is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest CING Analyst Forecasts
Raghuram Selvaraju, a bottom 1% analyst from HC Wainwright & Co. initiates coverage on CING with a buy rating and announces their CING price target of $5.50, on Jan 17, 2023.
You can dive deeper into what analysts are projecting on the Cingulate stock forecast page.
CING Technical Indicators
Who is buying/selling CING?
Over the last year, insiders at CING have bought more shares than they have sold.
Jennifer L. Callahan, Corporate Controller of CING, was the latest CING insider to buy. They bought $2,020.00 worth of CING shares on May 15, 2023.
Get more info about who owns CING shares here.
Can I get consistent income from CING stock?
No, Cingulate doesn't provide an income stream by paying out dividends.
What do other investors have to say about CING?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your CING buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you 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 limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in CING
Now that you own some CING stock, you'll want to keep up with your new shares.
Create a watchlist to keep tabs on your CING stock.
CING Feed
How to Buy Stock in Cingulate
To reiterate, here are the 6 steps for buying Cingulate stock:
- Figure out where to buy Cingulate stock
- Open your brokerage account
- Deposit money your investment account
- Research Cingulate stock
- Make your CING buy order
- Get key alerts regarding your investment in CING
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Cingulate, add CING to your watchlist below.
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