How to Buy Nkarta Stock
Nkarta Inc
Nkarta, Inc. , a a clinical-stage biopharmaceutical company, develops and commercializes cell therapies for cancer treatment.
Nkarta stock last closed at $7.79, down 0.89% from the previous day, and has increased 67.17% in one year. It has overperformed other stocks in the Biotechnology industry by 0.94 percentage points. Nkarta stock is currently +508.59% from its 52-week low of $1.28, and -52.03% from its 52-week high of $16.24.
As of Apr 18, 2024, there are 49.42M shares of NKTX outstanding. The market cap of NKTX is $384.95M. In the past 24 hours, 680,232 NKTX shares were traded.
How to Buy Nkarta Stock
Wondering how to invest in Nkarta stock? Here's how.
- Decide where to buy Nkarta stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Nkarta stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your payment method and add your details.
- Research Nkarta stock: The Nkarta ticker symbol is NKTX. Is Nkarta stock a good investment? Should you buy shares of NKTX? How do NKTX's underlying business fundamentals look? Do top analysts think Nkarta is a good buy? Why has NKTX's stock price moved recently? (Hint: Our stock research tools can help you decide if NKTX is a good stock to buy).
- Execute your NKTX trade: Decide if you will purchase NKTX shares at the current market price or use a limit order to purchase NKTX shares at a specific price.
- Get notifications regarding your investment in NKTX: Create a watchlist to important updates regarding your investment in Nkarta stock.
Step 1: Decide where to buy Nkarta stock
You will need a brokerage account to access the NASDAQ market and buy NKTX shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios 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 purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can buy NKTX 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.
- Provide your personal info to start your new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on app for investing, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help transferring money into your investment account.
Step 4: Research Nkarta stock
After you have chosen the best place to buy Nkarta stock, it's very important to research their stock before you buy, so you truly understand the risk and opportunity.
Nkarta Numbers
Nkarta Overview
WallStreetZen was built to help average investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on NKTX's stock page.
What is the fair value of NKTX stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NKTX's fair value.
Using relative valuations ratios:
- NKTX could be undervalued based on its P/B ratio of 1.41x, relative to Biotechnology industry P/B ratio of 5.76x
You can access more valuation analysis on NKTX's stock here.
NKTX Financials at a glance
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the NKTX balance sheet.
- NKTX has cash burn of 114307000. It has enough cash and short-term investments to cover this for at least one year.
- NKTX has $250.93M in cash and short term investments. This is sufficient to cover its annual cash burn of $114.31M.
- There are more short-term assets than short-term liabilities on the NKTX balance sheet.
- Total NKTX debt is lower than 5 years ago, relative to shareholder equity.
- NKTX has a low debt to equity ratio of 0.39.
Do analysts think it's a good time to buy Nkarta stock
Out of 5 Equities analysts who give ratings on NKTX, the consensus analyst rating on NKTX is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Nkarta stock forecast page.
Metrics for Advanced NKTX Traders
NKTX Growth Numbers
Last year, NKTX revenue was $0.00. During the last five year, NKTX's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 28.98%.
Find out more about NKTX's earnings and revenue performance here.
Latest Insiders Trades at NKTX
Over the past 12 months, executives and large shareholders at NKTX have bought more shares than they have sold.
Simeon George, Director of NKTX, was the latest NKTX insider to buy. They bought $4,516,590.00 worth of NKTX stock on Mar 27, 2024.
Dig into more about who owns NKTX stock here.
Does NKTX stock generate passive income?
No, Nkarta doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our highest-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 NKTX trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order allows 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 given dollar amount, place a limit order.
Click the Open button and your broker will place the order.
If you need more help investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in NKTX
Now that you own some NKTX shares, you'll want to keep up with your company.
Put NKTX on a watchlist to keep tabs on your NKTX stock.
NKTX Feed
How to Buy Stock in Nkarta
To reiterate, here are the 6 steps to buy stock in Nkarta:
- Decide where to buy Nkarta stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Nkarta stock
- Execute your NKTX trade
- Get notifications regarding your investment in NKTX
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Nkarta, create your watchlist below.
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