How to Buy Lexeo Therapeutics Stock
Lexeo Therapeutics Inc
Lexeo Therapeutics, Inc. operates as a clinical-stage genetic medicine company that focuses on hereditary and acquired diseases.
Lexeo Therapeutics stock last closed at $13.14, down 9.38% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Biotechnology industry by N/A percentage points. Lexeo Therapeutics stock is currently +46% from its 52-week low of $9.00, and -41.16% from its 52-week high of $22.33.
As of May 10, 2024, there are 32.95M shares of LXEO outstanding. The market value of LXEO is $432.90M. In the last 24 hours, 92,011 LXEO shares were traded.
How to Buy Lexeo Therapeutics Stock
Wondering how to invest in Lexeo Therapeutics stock? Here's how.
- Decide where to buy Lexeo Therapeutics stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Lexeo Therapeutics stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Analyze Lexeo Therapeutics stock: The Lexeo Therapeutics ticker symbol is LXEO. Is Lexeo Therapeutics stock a good investment? Should you buy shares of LXEO? How do LXEO's underlying business fundamentals look? Do top analysts think Lexeo Therapeutics is a good buy? Why has LXEO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if LXEO is a good stock to buy).
- Make your LXEO buy order: Decide if you will purchase LXEO shares at the current market price or use a limit order to purchase LXEO shares at a specific price.
- Keep an eye on your LXEO investment: Create a watchlist to the latest updates on your position in Lexeo Therapeutics stock.
Step 1: Decide where to buy Lexeo Therapeutics stock
You need an online brokerage account to access the NASDAQ market and buy LXEO stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal info so you can invest in LXEO stock today.
How to Create a New Brokerage 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.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on stock market apps, you can securely and quickly fund your account:
Watch the video below to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Lexeo Therapeutics stock
Once you have identified the best place to buy Lexeo Therapeutics stock, it's absolutely critical to research their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Lexeo Therapeutics stock data
Fundamentals of LXEO
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LXEO's stock page.
Is LXEO stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LXEO's true value.
Using relative valuations methods:
- LXEO may be undervalued based on its P/B ratio of 2.37x, relative to Biotechnology industry P/B ratio of 5.91x
You can do additional valuation research on LXEO's stock here.
LXEO Financial Health Summary
Positive Health Checks:
- LXEO has a low debt to equity ratio of 0.17.
- There are more short-term assets than short-term liabilities on the LXEO balance sheet.
- There are more short-term assets than long-term liabilities on the LXEO balance sheet.
Is it a good time to buy LXEO stock, according to Wall Street analysts?
Out of 5 Equities analysts who monitor LXEO, the consensus analyst rating on Lexeo Therapeutics is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Lexeo Therapeutics stock forecast page.
LXEO Momentum
LXEO Performance Metrics
Last year, LXEO revenue was $0.00. During the last 1 years, LXEO's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 31.46%.
Find out more about LXEO's earnings and revenue performance here.
Are LXEO insiders buying or selling the stock?
In the last year, executives and large shareholders at LXEO have bought more shares than they have sold.
Longitude Capital Partners Iv LLC, 10% Owner of LXEO, was the latest LXEO insider to buy. They bought $4,999,995.00 worth of LXEO shares on Nov 7, 2023.
Research more about who owns LXEO shares here.
Does LXEO stock generate passive income?
No, Lexeo Therapeutics doesn't provide an income stream by paying out dividends.
What others are saying about LXEO
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your LXEO buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and eToro will place the order.
If you require more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your LXEO investment
Now that you own some shares in LXEO, you'll want to stay up-to-date on your new stock purchase.
Add LXEO to a watchlist to track the latest developments regarding your LXEO stock.
LXEO Feed
How to Buy Stock in Lexeo Therapeutics
To reiterate, here are the 6 steps to buy Lexeo Therapeutics stock:
- Decide where to buy Lexeo Therapeutics stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Lexeo Therapeutics stock
- Make your LXEO buy order
- Keep an eye on your LXEO investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Lexeo Therapeutics, click below.
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