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 $4.18, down 3.91% from the previous day, and has decreased 60.15% in one year. It has overperformed other stocks in the Biotechnology industry by 0.17 percentage points. Cingulate stock is currently +132.22% from its 52-week low of $1.80, and -79.93% from its 52-week high of $20.83.
There are currently 3.77M shares of CING outstanding. The market capitalization of CING is $15.75M. In the last 24 hours, 256,266 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.
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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.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 start your new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
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 undervalued based on its P/B ratio of 2.11x, relative to Biotechnology industry P/B ratio of 4.37x
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.
- There are more short-term assets than short-term liabilities on the CING balance sheet.
- Total CING debt is lower than 5 years ago, relative to shareholder equity.
Signs that CING is not financially healthy:
- CING has cash burn of 18663187. It does not have sufficient cash and short-term investments to cover this.
- CING has $12.21M in cash and short term investments. This is not sufficient to cover its annual cash burn of $18.66M.
- CING has a relatively high debt to equity ratio of 0.99.
Is it a good time to buy CING stock, according to Wall Street analysts?
Out of 3 sell side analysts who give recommendations on CING, the consensus analyst rating on CING is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Cingulate stock forecast page.
CING Technical Indicators
Latest Insiders Trades at CING
Over the last year, executives and large shareholders at CING have sold more shares than they have bought.
Laurie Myers, EVP and COO of CING, was the latest CING insider to sell. They sold $841.33 worth of CING stock on Aug 15, 2024.
Dig into more about who owns CING shares here.
Can I rely on CING as an income stream?
No, Cingulate doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your CING buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place the order.
If you want additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in CING
Now that you own some CING shares, you'll want to keep up with your investment.
Put CING on a watchlist to keep track of your CING stock.
CING Feed
How to Buy Stock in Cingulate
To reiterate, here are the 6 steps you need to take to buy Cingulate stock right now:
- 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 favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Cingulate, create a watchlist on WallStreetZen today.
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