How to Buy Design Therapeutics Stock
Design Therapeutics Inc
Design Therapeutics, Inc. a preclinical-stage biopharmaceutical company, engages in the development of therapies for the treatment of genetic diseases caused by nucleotide repeat expansions.
Design Therapeutics stock last closed at $3.62, up 2.84% from the previous day, and has decreased 48.73% in one year. It has underperformed other stocks in the Biotechnology industry by 0.28 percentage points. Design Therapeutics stock is currently +86.6% from its 52-week low of $1.94, and -57.26% from its 52-week high of $8.47.
At the moment, there are 56.49M shares of DSGN outstanding. The market capitalization of DSGN is $204.51M. In the past 24 hours, 144,926 DSGN shares were traded.
How to Buy Design Therapeutics Stock
Wondering how to invest in Design Therapeutics stock? Here's how.
- Figure out where to buy Design Therapeutics stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Design Therapeutics stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your details.
- Research Design Therapeutics stock: The Design Therapeutics ticker symbol is DSGN. Is Design Therapeutics stock a good investment? Should you buy shares of DSGN? How do DSGN's underlying business fundamentals look? Do top analysts think Design Therapeutics is a good buy? Why has DSGN's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if DSGN is a good stock to buy).
- Place your DSGN buy order: Decide if you will purchase DSGN shares at the current market price or use a limit order to purchase DSGN shares at a given price.
- Monitor your DSGN position: Create a watchlist to the latest updates on your investment in Design Therapeutics shares.
Step 1: Figure out where to buy Design Therapeutics stock
You will need a brokerage account in order to access the NASDAQ market and buy DSGN shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you are able to buy DSGN stock today.
How to Start 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.
- Input your personal info to create your new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on the highest rated stock app, you need to deposit funds:
Check out this video walkthrough if you need help transferring money into your new investment account.
Step 4: Research Design Therapeutics stock
Once you have chosen the best place to buy Design Therapeutics stock, it's critical to evaluate their stock prior to investing, so you can understand the risk and upside.
Design Therapeutics shares at a glance
DSGN Fundamentals
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DSGN's stock page.
How is DSGN stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge DSGN's fair value.
Using relative valuations measures:
- DSGN may be undervalued based on its P/B ratio of 0.74x, relative to Biotechnology industry P/B ratio of 6.02x
You can access more valuation analysis on DSGN's stock here.
DSGN Financial Health
Positive Health Checks:
- DSGN has a low debt to equity ratio of 0.04.
- There are more short-term assets than long-term liabilities on the DSGN balance sheet.
- DSGN has cash burn of 58816000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the DSGN balance sheet.
- DSGN has $281.80M in cash and short term investments. This is enough to cover its annual cash burn of $58.82M.
Is DSGN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who give forecasts on DSGN, the consensus analyst rating on DSGN is a Hold
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Design Therapeutics stock forecast page.
Metrics for Advanced DSGN Traders
How is DSGN performing as a company?
Last year, DSGN revenue was $0.00. In the last 4 year, DSGN's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 28.49%.
Find out more about DSGN's earnings and revenue performance here.
Who is buying/selling DSGN?
In the last year, insiders at DSGN have bought more shares than they have sold.
Heather A. Berger, Director of DSGN, was the latest DSGN insider to buy. They bought $4,865.90 worth of DSGN shares on Mar 25, 2024.
Dig into more about who owns DSGN shares here.
Does DSGN stock generate passive income?
No, Design Therapeutics doesn't provide an income stream by paying out dividends.
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Step 5: Place your DSGN buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, place a limit order.
Click the Open button and eToro will place the order.
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Step 6: Monitor your DSGN position
Now that you own some DSGN stock, you'll want to stay up-to-date on your new stock purchase.
Add DSGN to a watchlist to keep tabs on your DSGN stock.
DSGN Feed
How to Buy Stock in Design Therapeutics
To reiterate, here are the 6 steps for buying Design Therapeutics stock:
- Figure out where to buy Design Therapeutics stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Design Therapeutics stock
- Place your DSGN buy order
- Monitor your DSGN position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Design Therapeutics, click the button below.
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