How to Buy Gritstone Bio Stock
Gritstone Bio Inc
Gritstone bio, Inc. , a clinical-stage biotechnology company, engages in developing immunotherapies against multiple cancer types and infectious diseases.
Gritstone Bio stock last closed at $0.96, up 10.69% from the previous day, and has decreased 61.17% in one year. It has underperformed other stocks in the Biotechnology industry by 0.43 percentage points. Gritstone Bio stock is currently +43.3% from its 52-week low of $0.67, and -71.08% from its 52-week high of $3.33.
At the moment, there are 98.07M shares of GRTS outstanding. The market value of GRTS is $94.44M. In the past 24 hours, 4.19M GRTS shares were traded.
How to Buy Gritstone Bio Stock
Wondering how to invest in Gritstone Bio stock? Here's how.
- Choose where to buy Gritstone Bio stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Gritstone Bio stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Research Gritstone Bio stock: The Gritstone Bio ticker symbol is GRTS. Is Gritstone Bio stock a good investment? Should you buy shares of GRTS? How do GRTS's underlying business fundamentals look? Do top analysts think Gritstone Bio is a good buy? Why has GRTS's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if GRTS is a good stock to buy).
- Make your GRTS trade: Decide if you will purchase GRTS shares at the current market price or use a limit order to buy GRTS stock at a given price.
- Keep tabs on your GRTS investment: Create a watchlist to monitor your new investment in Gritstone Bio shares.
Step 1: Choose where to buy Gritstone Bio stock
You will need a brokerage account in order to access the NASDAQ market and buy GRTS shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you can buy GRTS today.
How to Create 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.
- Enter your personal data to start a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring funds into your new brokerage account.
Step 4: Research Gritstone Bio stock
Once you have chosen the best place to buy Gritstone Bio stock, it's very important to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Gritstone Bio quick stats
Gritstone Bio Zen Score
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on GRTS's stock page.
What is the fair value of GRTS stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge GRTS's intrinsic value.
Using relative valuations measures:
- GRTS may be undervalued based on its P/B ratio of 1.82x, relative to Biotechnology industry P/B ratio of 6.01x
You can access more valuation analysis on GRTS's stock here.
GRTS Financial Health Overview
Signs that GRTS is financially healthy:
- There are more short-term assets than short-term liabilities on the GRTS balance sheet.
Signs that GRTS is not financially healthy:
- Total GRTS debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the GRTS balance sheet.
- GRTS has a relatively high debt to equity ratio of 2.43.
- GRTS has cash burn of 126220000. It does not have sufficient cash and short-term investments to cover this.
- GRTS has $81.57M in cash and short term investments. This is not enough to cover its annual cash burn of $126.22M.
- GRTS profit margin has gone down from -600.1% to -847.3% in the past year.
Is Gritstone Bio stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Equities analysts who give ratings on GRTS, the consensus analyst rating on GRTS is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Gritstone Bio stock forecast page.
Metrics for Advanced GRTS Traders
GRTS Growth Numbers
Last year, GRTS revenue was $16.34M. Over the last five year, GRTS's revenue has grown by 68.96% per year. This was faster than the Biotechnology industry average of 29.63%.
You can research GRTS's earnings and revenue performance here.
Latest Insiders Trades at GRTS
In the last year, executives and large shareholders at GRTS have bought more shares than they have sold.
Vassiliki Economides, Executive Vice President Chief Financial Officer of GRTS, was the latest GRTS insider to buy. They bought $22,824.00 worth of GRTS shares on May 23, 2023.
Dig into more about who owns GRTS stock here.
Does GRTS provide a stable income stream?
No, Gritstone Bio doesn't provide an income stream by paying out dividends.
What do other investors have to say about GRTS?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your GRTS trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will execute your order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your GRTS investment
Now that you own some GRTS shares, you'll want to keep up with your investment.
Start a watchlist to get the latest updates about your GRTS stock.
GRTS Feed
How to Buy Stock in Gritstone Bio
To summarize, here are the 6 steps to buy stock in Gritstone Bio:
- Choose where to buy Gritstone Bio stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Gritstone Bio stock
- Make your GRTS trade
- Keep tabs on your GRTS investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Gritstone Bio, create a watchlist today.
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