How to Buy Elevation Oncology Stock
Elevation Oncology Inc
Elevation Oncology, Inc. , a clinical-stage biopharmaceutical company, focuses on developing therapeutics for the treatment of cancer in genomically defined patient populations in the United States.
Elevation Oncology stock last closed at $3.88, down 10.19% from the previous day, and has increased 110.87% in one year. It has overperformed other stocks in the Biotechnology industry by 1.35 percentage points. Elevation Oncology stock is currently +968.87% from its 52-week low of $0.36, and -34.13% from its 52-week high of $5.89.
There are currently 48.65M shares of ELEV outstanding. The market cap of ELEV is $188.77M. In the past 24 hours, 655,451 ELEV shares were traded.
How to Buy Elevation Oncology Stock
Not sure how to invest in Elevation Oncology stock? Here's how.
- Figure out where to buy Elevation Oncology stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Elevation Oncology stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your details.
- Analyze Elevation Oncology stock: The Elevation Oncology ticker symbol is ELEV. Is Elevation Oncology stock a good investment? Should you buy shares of ELEV? How do ELEV's underlying business fundamentals look? Do top analysts think Elevation Oncology is a good buy? Why has ELEV's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if ELEV is a good stock to buy).
- Make your ELEV purchase: Decide if you will purchase ELEV shares at the current market price or use a limit order to purchase ELEV stock at a given price.
- Get notifications regarding your investment in ELEV: Create a watchlist to the latest updates on your new investment in Elevation Oncology stock.
Step 1: Figure out where to buy Elevation Oncology stock
You need a brokerage account in order to access the NASDAQ market and buy ELEV shares.
Our preferred brokerage: eToro
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to buy ELEV 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 details to open a new trading account.
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Step 3: Deposit money your brokerage account
Now that you've filled out your info on our top ranked stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing funds into your new brokerage account.
Step 4: Analyze Elevation Oncology stock
Once you have identified the best place to buy Elevation Oncology stock, it's crucial to evaluate their stock prior to buying, so you actually understand the risk as well as the upside.
Elevation Oncology Metrics
ELEV Zen Score
WallStreetZen was built to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ELEV's stock page.
Is ELEV stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ELEV's fair value.
Using relative valuations ratios:
- ELEV could be undervalued based on its P/B ratio of 3.44x, relative to Biotechnology industry P/B ratio of 5.86x
You can access more valuation analysis on ELEV's stock here.
ELEV Financial Health Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the ELEV balance sheet.
- There are more short-term assets than long-term liabilities on the ELEV balance sheet.
- ELEV has cash burn of 56180000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- ELEV has $83.11M in cash and short term investments. This is not enough to cover its annual cash burn of $56.18M.
- ELEV has a relatively high debt to equity ratio of 0.63.
Is Elevation Oncology stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who give recommendations on ELEV, the consensus analyst rating on Elevation Oncology is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Elevation Oncology stock forecast page.
ELEV Technicals
Latest Insiders Trades at ELEV
In the last 12 months, executives and large shareholders at ELEV have sold more shares than they have bought.
Joseph J. Ferra Jr., CHIEF EXECUTIVE OFFICER of ELEV, was the latest ELEV insider to sell. They sold $20,953.47 worth of ELEV shares on Mar 16, 2024.
Research more about who owns ELEV stock here.
Can I get consistent income from ELEV stock?
No, Elevation Oncology doesn't provide an income stream by paying out dividends.
What others are saying about ELEV
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your ELEV purchase
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 mostly the best for newer investors. - 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 an exact dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in ELEV
Now that you own some ELEV stock, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get alerted to the latest events about your ELEV stock.
ELEV Feed
How to Buy Stock in Elevation Oncology
To reiterate, here are the 6 steps you need to take to buy Elevation Oncology stock right now:
- Figure out where to buy Elevation Oncology stock
- Create your brokerage account
- Deposit money your brokerage account
- Analyze Elevation Oncology stock
- Make your ELEV purchase
- Get notifications regarding your investment in ELEV
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Elevation Oncology, create your watchlist below.
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