How to Buy Oric Pharmaceuticals Stock
Oric Pharmaceuticals Inc
ORIC Pharmaceuticals, Inc. , a clinical-stage biopharmaceutical company, discovers and develops therapies for treatment of cancers in the United States.
Oric Pharmaceuticals stock last closed at $9.71, up 2% from the previous day, and has increased 87.45% in one year. It has overperformed other stocks in the Biotechnology industry by 1.06 percentage points. Oric Pharmaceuticals stock is currently +98.16% from its 52-week low of $4.90, and -41.68% from its 52-week high of $16.65.
At the moment, there are 67.38M shares of ORIC outstanding. The market value of ORIC is $654.22M. In the past 24 hours, 277,183 ORIC shares were traded.
How to Buy Oric Pharmaceuticals Stock
Wondering how to invest in Oric Pharmaceuticals stock? Here's how.
- Choose where to buy Oric Pharmaceuticals stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Oric Pharmaceuticals stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your information.
- Evaluate Oric Pharmaceuticals stock: The Oric Pharmaceuticals ticker symbol is ORIC. Is Oric Pharmaceuticals stock a good investment? Should you buy shares of ORIC? How do ORIC's underlying business fundamentals look? Do top analysts think Oric Pharmaceuticals is a good buy? Why has ORIC's stock price moved recently? (Hint: Our stock research website can help you figure out if ORIC is a good stock to buy).
- Make your ORIC trade: Decide if you will purchase ORIC shares at the current market price or use a limit order to purchase ORIC stock at a given price.
- Get the latest news on your investment in ORIC: Create a watchlist to important updates regarding your investment in Oric Pharmaceuticals shares.
Step 1: Choose where to buy Oric Pharmaceuticals stock
You will need a brokerage account to access the NASDAQ market and buy ORIC shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. 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 world markets: From Technology to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to invest in ORIC today.
How to Create 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.
- Enter your personal info to create your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on investing apps, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing money into your investment account.
Step 4: Evaluate Oric Pharmaceuticals stock
Once you have decided on the best place to buy Oric Pharmaceuticals stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Oric Pharmaceuticals stock data
Fundamentals of ORIC
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ORIC's stock page.
How is ORIC stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge ORIC's true value.
Using relative valuations methods:
- ORIC may be undervalued based on its P/B ratio of 2.92x, relative to Biotechnology industry P/B ratio of 6.01x
You can do more valuation research on ORIC's stock here.
ORIC Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ORIC balance sheet.
- Total ORIC debt is lower than 5 years ago, relative to shareholder equity.
- ORIC has $208.19M in cash and short term investments. This is enough to cover its annual cash burn of $86.54M.
- There are more short-term assets than long-term liabilities on the ORIC balance sheet.
- ORIC has a low debt to equity ratio of 0.13.
- ORIC has cash burn of 86537000. It has enough cash and short-term investments to cover this for at least one year.
Do Wall Street analysts think it's a good time to buy Oric Pharmaceuticals stock
Out of 5 sell side analysts who give forecasts on ORIC, the consensus analyst rating on Oric Pharmaceuticals is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Oric Pharmaceuticals stock forecast page.
ORIC Technical Indicators
Who is buying/selling ORIC?
Over the last year, executives and large shareholders at ORIC have sold more shares than they have bought.
Jacob Chacko, PRESIDENT AND CEO of ORIC, was the latest ORIC insider to sell. They sold $648,360.00 worth of ORIC shares on Mar 6, 2024.
Dig into more about who owns ORIC stock here.
Can I get consistent income from ORIC stock?
No, Oric Pharmaceuticals doesn't provide an income stream by paying out dividends.
What do other investors have to say about ORIC?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your ORIC trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Press the Open button and your broker will place the order.
If you want additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in ORIC
Now that you own some ORIC shares, you'll want to stay up-to-date on your new shares.
Start a watchlist to monitor your ORIC stock.
ORIC Feed
How to Buy Stock in Oric Pharmaceuticals
To summarize, here are the 6 steps to buy stock in Oric Pharmaceuticals:
- Choose where to buy Oric Pharmaceuticals stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Oric Pharmaceuticals stock
- Make your ORIC trade
- Get the latest news on your investment in ORIC
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Oric Pharmaceuticals, create your watchlist below.
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