How to Buy Precision Biosciences Stock
Precision Biosciences Inc
Precision BioSciences, Inc. , a clinical stage gene editing company, develops in vivo gene editing and ex vivo allogeneic CAR T therapies in the United States.
Precision Biosciences stock last closed at $10.41, up 5.79% from the previous day, and has decreased 59.3% in one year. It has underperformed other stocks in the Biotechnology industry by 0.36 percentage points. Precision Biosciences stock is currently +26.18% from its 52-week low of $8.25, and -61.47% from its 52-week high of $27.02.
As of Apr 30, 2024, there are 6.92M shares of DTIL outstanding. The market cap of DTIL is $72.00M. In the past 24 hours, 39,750 DTIL shares were traded.
How to Buy Precision Biosciences Stock
Not sure how to invest in Precision Biosciences stock? Here's how.
- Decide where to buy Precision Biosciences stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Precision Biosciences stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your payment method and add your details.
- Evaluate Precision Biosciences stock: The Precision Biosciences ticker symbol is DTIL. Is Precision Biosciences stock a good investment? Should you buy shares of DTIL? How do DTIL's underlying business fundamentals look? Do top analysts think Precision Biosciences is a good buy? Why has DTIL's stock price moved recently? (Hint: Our stock research website can help you understand if DTIL is a good stock to buy).
- Make your DTIL purchase: Decide if you will purchase DTIL shares at the current market price or use a limit order to purchase DTIL stock at a specific price.
- Track your DTIL position: Create a watchlist to key updates about your investment in Precision Biosciences shares.
Step 1: Decide where to buy Precision Biosciences stock
You will need an online brokerage account in order to access the NASDAQ market and buy DTIL stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you can buy DTIL today.
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- 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 create a new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on a mobile trading app, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing money into your investment account.
Step 4: Evaluate Precision Biosciences stock
After you have selected the best place to buy Precision Biosciences stock, it's important to research their stock prior to buying, so you truly wrap your head around the risk and upside.
Overview of key DTIL info
Fundamentals of Precision Biosciences
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on DTIL's stock page.
Is DTIL stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DTIL's fair value.
Using relative valuations measures:
- DTIL may be undervalued based on its P/B ratio of 3.82x, relative to Biotechnology industry P/B ratio of 5.89x
You can access more valuation research on DTIL's stock here.
DTIL Financial Health
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the DTIL balance sheet.
- DTIL has $128.58M in cash and short term investments. This is enough to cover its annual cash burn of $85.96M.
- DTIL has cash burn of 85964000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the DTIL balance sheet.
Negative Financial Indicators:
- DTIL profit margin has gone up by 3.19 percentage points in the past year, but the company is still unprofitable.
- Total DTIL debt is higher than 5 years ago, relative to shareholder equity.
- DTIL has a relatively high debt to equity ratio of 7.47.
Is DTIL stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who monitor DTIL, the consensus analyst rating on DTIL is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Precision Biosciences stock forecast page.
DTIL Technicals
DTIL Revenue
Last year, DTIL revenue was $48.73M. During the past 5 year, DTIL's revenue has gone up by 34.96% per year. This was faster than the Biotechnology industry average of 28.43%.
Dive into DTIL's earnings and revenue performance here.
Latest Insiders Trades at DTIL
In the last 12 months, executives and large shareholders at DTIL have sold more shares than they have bought.
Alan List, Chief Medical Officer of DTIL, was the latest DTIL insider to sell. They sold $2,386.43 worth of DTIL shares on Apr 30, 2024.
Dig into more about who owns DTIL stock here.
Can I get consistent income from DTIL stock?
No, Precision Biosciences doesn't provide an income stream by paying out dividends.
DTIL Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your DTIL purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Track your DTIL position
Now that you own some shares in DTIL, you'll want to stay up-to-date on your new investment.
Make a watchlist to track the latest developments regarding your DTIL stock.
DTIL Feed
How to Buy Stock in Precision Biosciences
To reiterate, here are the 6 steps to buy stock in Precision Biosciences:
- Decide where to buy Precision Biosciences stock
- Sign up for your brokerage account
- Fund your investment account
- Evaluate Precision Biosciences stock
- Make your DTIL purchase
- Track your DTIL position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Precision Biosciences, click below.
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