How to Buy Kineta Stock
Kineta Inc
Kineta, Inc. , a clinical stage biotechnology company, develops immunotherapies for oncology, neuroscience, and biodefense. It serves private, government, and industry partners.
Kineta stock last closed at $0.62, down 7.46% from the previous day, and has decreased 84.46% in one year. It has underperformed other stocks in the Biotechnology industry by 0.61 percentage points. Kineta stock is currently +85.63% from its 52-week low of $0.33, and -88.5% from its 52-week high of $5.39.
As of Apr 24, 2024, there are 10.96M shares of KA outstanding. The market value of KA is $6.80M. In the last 24 hours, 172,143 KA shares were traded.
How to Buy Kineta Stock
Wondering how to invest in Kineta stock? Here's how.
- Figure out where to buy Kineta 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 Kineta stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Research Kineta stock: The Kineta ticker symbol is KA. Is Kineta stock a good investment? Should you buy shares of KA? How do KA's underlying business fundamentals look? Do top analysts think Kineta is a good buy? Why has KA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if KA is a good stock to buy).
- Execute your KA purchase: Decide if you will purchase KA shares at the current market price or use a limit order to buy KA shares at a given price.
- Keep tabs on your KA position: Create a watchlist to track your position in Kineta shares.
Step 1: Figure out where to buy Kineta stock
You need a brokerage account to access the NASDAQ market and buy KA shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you are able to invest in KA 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 data to start your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the best app for stock investing, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring funds into your brokerage account.
Step 4: Research Kineta stock
Once you have selected the best place to buy Kineta stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk as well as the upside.
Overview of key KA info
Fundamentals of Kineta
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on KA's stock page.
How is KA stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge KA's true value.
Using relative valuations methods:
- KA may be undervalued based on its P/B ratio of 2.35x, relative to Biotechnology industry P/B ratio of 5.86x
You can do additional valuation research on KA's stock here.
KA Financial Health
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the KA balance sheet.
Negative Health Checks:
- Total KA debt is higher than 5 years ago, relative to shareholder equity.
- KA has $5.86M in cash and short term investments. This is not enough to cover its annual cash burn of $15.88M.
- There are more short-term liabilities than short-term assets on the KA balance sheet.
- KA profit margin has gone up by 29.88 percentage points in the past year, but the company is still unprofitable.
- KA has a relatively high debt to equity ratio of 2.5.
- KA has cash burn of 15878000. It does not have sufficient cash and short-term investments to cover this.
Is KA stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who give recommendations on KA, the consensus analyst rating on KA is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Kineta stock forecast page.
KA Trading Indicators
KA Performance Numbers
Last year, KA revenue was $5.44M. In the last five year, KA's revenue has grown by 13.89% per year. This was slower than the Biotechnology industry average of 28.91%.
Dive into KA's earnings and revenue performance here.
What are KA insiders up to?
In the last year, insiders at KA have bought more shares than they have sold.
Raymond J. Bartoszek, Director of KA, was the latest KA insider to buy. They bought $1,125.00 worth of KA stock on Dec 6, 2023.
Get more info about who owns KA shares here.
Does KA stock generate passive income?
No, Kineta doesn't provide an income stream by paying out dividends.
KA Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your KA 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 usually the best for newer investors. - Limit order: A limit order allows 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 a given dollar amount, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your KA position
Now that you own some shares in KA, you'll want to keep up with your new investment.
Start a watchlist to track your KA stock.
KA Feed
How to Buy Stock in Kineta
To summarize, here are the 6 steps to buy Kineta stock:
- Figure out where to buy Kineta stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Kineta stock
- Execute your KA purchase
- Keep tabs on your KA position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Kineta, get started below.
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