How to Buy Entrada Therapeutics Stock
Entrada Therapeutics Inc
Entrada Therapeutics, Inc. , a biotechnology company, develops endosomal escape vehicle (EEV) therapeutics for the treatment of multiple neuromuscular diseases.
Entrada Therapeutics stock last closed at $13.16, down 2.95% from the previous day, and has increased 7.52% in one year. It has overperformed other stocks in the Biotechnology industry by 0.26 percentage points. Entrada Therapeutics stock is currently +23.92% from its 52-week low of $10.62, and -28.63% from its 52-week high of $18.44.
At the moment, there are 33.6M shares of TRDA outstanding. The market value of TRDA is $442.19M. In the last 24 hours, 38,162 TRDA shares were traded.
How to Buy Entrada Therapeutics Stock
Wondering how to invest in Entrada Therapeutics stock? Here's how.
- Figure out where to buy Entrada Therapeutics stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Entrada Therapeutics stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your method of payment and add your details.
- Analyze Entrada Therapeutics stock: The Entrada Therapeutics ticker symbol is TRDA. Is Entrada Therapeutics stock a good investment? Should you buy shares of TRDA? How do TRDA's underlying business fundamentals look? Do top analysts think Entrada Therapeutics is a good buy? Why has TRDA's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if TRDA is a good stock to buy).
- Execute your TRDA purchase: Decide if you will purchase TRDA shares at the current market price or use a limit order to buy TRDA stock at a specific price.
- Keep tabs on your TRDA investment: Create a watchlist to get live updates on your new investment in Entrada Therapeutics shares.
Step 1: Figure out where to buy Entrada Therapeutics stock
You need a brokerage account to access the NASDAQ market and buy TRDA stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you can invest in TRDA today.
How to Start 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.
- Input your personal details to start your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on one of the best stock trading apps, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Analyze Entrada Therapeutics stock
After you have decided on the best place to buy Entrada Therapeutics stock, it's critical to evaluate their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Overview of key TRDA info
TRDA Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on TRDA's stock page.
Is TRDA stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge TRDA's fair value.
Using relative valuations measures:
- TRDA could be undervalued based on its P/B ratio of 1.82x, relative to Biotechnology industry P/B ratio of 6.01x
You can do more valuation analysis on TRDA's stock here.
Is TRDA a healthy company?
Signs that TRDA is financially healthy:
- There are more short-term assets than short-term liabilities on the TRDA balance sheet.
- There are more short-term assets than long-term liabilities on the TRDA balance sheet.
- TRDA's operating cash flow of $139.80M allows it to safely service it's debt of $68.23M.
- TRDA earnings of $12.06M is not sufficient to cover its interest payments.
Signs that TRDA is not financially healthy:
- TRDA has a relatively high debt to equity ratio of 0.94.
Is it a good time to buy Entrada Therapeutics stock, according to analysts?
Out of 2 Equities analysts who give recommendations on TRDA, the consensus analyst rating on TRDA is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Entrada Therapeutics stock forecast page.
TRDA Trading Indicators
Who is buying/selling TRDA?
Over the past year, insiders at TRDA have sold more shares than they have bought.
Peter S. Kim, Director of TRDA, was the latest TRDA insider to buy. They bought $35,289.80 worth of TRDA stock on Apr 8, 2024.
Get more info about who owns TRDA stock here.
Can I rely on TRDA as an income stream?
No, Entrada Therapeutics doesn't provide an income stream by paying out dividends.
What do other traders have to say about TRDA?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your TRDA purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open button and your broker will execute the order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your TRDA investment
Now that you own some TRDA shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to monitor your TRDA stock.
TRDA Feed
How to Buy Stock in Entrada Therapeutics
To summarize, here are the 6 steps for buying Entrada Therapeutics stock:
- Figure out where to buy Entrada Therapeutics stock
- Open a brokerage account
- Deposit funds into your investment account
- Analyze Entrada Therapeutics stock
- Execute your TRDA purchase
- Keep tabs on your TRDA investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Entrada Therapeutics, click the button below.
More Content You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.