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How to Buy Eliem Therapeutics Stock

Eliem Therapeutics Inc

Eliem Therapeutics, Inc. , a clinical-stage biotechnology company, focuses on developing therapies for neuronal excitability disorders to address unmet needs in chronic pain, neuropsychiatry, epilepsy, and other disorders of the peripheral and central nervous systems.

Eliem Therapeutics stock last closed at $6.85, down 2.97% from the previous day, and has increased 132.99% in one year. It has overperformed other stocks in the Biotechnology industry by 1.47 percentage points. Eliem Therapeutics stock is currently +191.49% from its 52-week low of $2.35, and -40.69% from its 52-week high of $11.55.

There are currently 29.09M shares of ELYM outstanding. The market capitalization of ELYM is $199.27M. In the last 24 hours, 64,331 ELYM shares were traded.

How to Buy Eliem Therapeutics Stock

Not sure how to invest in Eliem Therapeutics stock? Here's how.
  1. Choose where to buy Eliem Therapeutics stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Eliem Therapeutics stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Pick your method of payment and add your information.
  4. Evaluate Eliem Therapeutics stock: The Eliem Therapeutics ticker symbol is ELYM. Is Eliem Therapeutics stock a good investment? Should you buy shares of ELYM? How do ELYM's underlying business fundamentals look? Do top analysts think Eliem Therapeutics is a good buy? Why has ELYM's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ELYM is a good stock to buy).
  5. Execute your ELYM buy order: Decide if you will purchase ELYM shares at the current market price or use a limit order to purchase ELYM stock at a particular price.
  6. Get the latest scoop on your ELYM investment: Create a watchlist to watch your position in Eliem Therapeutics stock.

Step 1: Choose where to buy Eliem Therapeutics stock

You will need an online brokerage account to access the NASDAQ market and buy ELYM shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal info so you can buy ELYM stock today.

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  2. Enter your personal details to start a new trading account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring funds into your new investment account.

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Step 4: Evaluate Eliem Therapeutics stock

After you have decided on the best place to buy Eliem Therapeutics stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.

Eliem Therapeutics Metrics

ELYM Price
$6.85
1w %
-4.46%
1y %
132.99%
5y %
N/A
P/E
-12.92x
P/B
1.87x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$14.53M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$199.27M
Next Earnings
N/A
Next Dividend
N/A

Eliem Therapeutics Zen Score

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.

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

How is ELYM stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ELYM's intrinsic value.

Using relative valuations ratios:

  • ELYM may be undervalued based on its P/B ratio of 1.87x, relative to Biotechnology industry P/B ratio of 6.35x

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

How do ELYM Financials look?

Signs that ELYM is financially healthy:

  • ELYM has $105.03M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.24M.
  • There are more short-term assets than long-term liabilities on the ELYM balance sheet.
  • ELYM has cash burn of 7241000. It has sufficient cash and short-term investments to cover this for at least one year.
  • ELYM has a low debt to equity ratio of 0.03.
  • There are more short-term assets than short-term liabilities on the ELYM balance sheet.

You can dig deeper into what analysts are saying on the Eliem Therapeutics stock forecast page.

ELYM Momentum

SMA10
6.92
SMA20
7.19
SMA50
7.86
SMA100
5.71
SMA200
4.18
MACD
-0.21
MACD Signal
-0.2
MACD Histogram
-0.01
RSI
44.31
Stochastic %K
24.54
Stochastic %D
28.69
StochRSI %K
57.1
StochRSI %D
61.4

Latest Insiders Trades at ELYM

In the past year, executives and large shareholders at ELYM have bought more shares than they have sold.

Valerie Morisset, EVP RD AND CSO of ELYM, was the latest ELYM insider to sell. They sold $356,500.00 worth of ELYM stock on Jul 16, 2024.

Learn more about who owns ELYM shares here.

Does ELYM stock generate passive income?

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

What do other investors have to say about ELYM?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your ELYM buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually 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 be sure you're buying or selling at a particular dollar amount limit, place a limit order.

Hit the Open button and eToro will execute your order.

If you require more help with investing in stocks on eToro, watch the helpful video below:

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Step 6: Get the latest scoop on your ELYM investment

Now that you own some ELYM stock, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to see the latest developments about your ELYM stock.

ELYM Feed

How to Buy Stock in Eliem Therapeutics

To summarize, here are the 6 steps for buying Eliem Therapeutics stock:

  1. Choose where to buy Eliem Therapeutics stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Eliem Therapeutics stock
  5. Execute your ELYM buy order
  6. Get the latest scoop on your ELYM investment

If you require a brokerage account, eToro is our favorite venue.

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.

If you want to get the latest news on your new investment in Eliem Therapeutics, get started below.

NASDAQ: ELYM
$6.85-0.21 (-2.97%)
Updated Jul 17, 2024
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NASDAQ: ELYM
$6.85-0.21 (-2.97%)
Updated Jul 17, 2024
Open eToro Account

FAQ

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

As of Jul 17, 2024, it costs $6.85 to buy one share of Eliem Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.438 shares of ELYM.

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 Eliem Therapeutics stock?

One way to place an order for Eliem 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.