How to Buy Prelude Therapeutics Stock
Prelude Therapeutics Inc
Prelude Therapeutics Incorporated, a clinical-stage precision oncology company, focuses on the discovery and development of novel precision cancer medicines to underserved patients.
Prelude Therapeutics stock last closed at $3.70, down 3.39% from the previous day, and has decreased 41.92% in one year. It has underperformed other stocks in the Biotechnology industry by 0.23 percentage points. Prelude Therapeutics stock is currently +122.89% from its 52-week low of $1.66, and -46.22% from its 52-week high of $6.88.
At the moment, there are 54.93M shares of PRLD outstanding. The market cap of PRLD is $203.24M. In the past 24 hours, 36,872 PRLD shares were traded.
How to Buy Prelude Therapeutics Stock
Not sure how to invest in Prelude Therapeutics stock? Here's how.
- Choose where to buy Prelude Therapeutics stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Prelude Therapeutics stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your information.
- Research Prelude Therapeutics stock: The Prelude Therapeutics ticker symbol is PRLD. Is Prelude Therapeutics stock a good investment? Should you buy shares of PRLD? How do PRLD's underlying business fundamentals look? Do top analysts think Prelude Therapeutics is a good buy? Why has PRLD's stock price moved recently? (Hint: Our stock research website can help you evaluate if PRLD is a good stock to buy).
- Make your PRLD purchase: Decide if you will purchase PRLD shares at the current market price or use a limit order to purchase PRLD shares at a particular price.
- Keep an eye on your PRLD investment: Create a watchlist to important notifications about your new investment in Prelude Therapeutics shares.
Step 1: Choose where to buy Prelude Therapeutics stock
You will need a brokerage account to access the NASDAQ market and buy PRLD shares.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades 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 share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in PRLD today.
How to Open 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 info to open a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on apps for stock market, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing money into your brokerage account.
Step 4: Research Prelude Therapeutics stock
After you have decided on the best place to buy Prelude Therapeutics stock, it's very important to research their stock before you invest, so you actually understand the risk as well as the opportunity.
Prelude Therapeutics Numbers
Prelude Therapeutics Due Diligence Checks
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PRLD's stock page.
Is PRLD stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PRLD's true value.
Using relative valuations ratios:
- PRLD may be undervalued based on its P/B ratio of 0.96x, relative to Biotechnology industry P/B ratio of 6.06x
You can do more valuation research on PRLD's stock here.
A quick look at PRLD Financials
Positive Health Checks:
- PRLD has a low debt to equity ratio of 0.17.
- There are more short-term assets than short-term liabilities on the PRLD balance sheet.
- PRLD has cash burn of 111712000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the PRLD balance sheet.
Negative Health Checks:
- PRLD has $205.97M in cash and short term investments. This is not sufficient to cover its annual cash burn of $111.71M.
Is Prelude Therapeutics stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who give forecasts on PRLD, the consensus analyst rating on Prelude Therapeutics is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Prelude Therapeutics stock forecast page.
Metrics for Advanced PRLD Traders
Are PRLD executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at PRLD have bought more shares than they have sold.
Jane Huang, President CMO of PRLD, was the latest PRLD insider to sell. They sold $15,864.78 worth of PRLD shares on Apr 4, 2024.
Dig into more about who owns PRLD stock here.
Does PRLD stock generate passive income?
No, Prelude Therapeutics doesn't provide an income stream by paying out dividends.
What others are saying about PRLD
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your PRLD purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally 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 an exact price, use a limit order.
Hit the Open button and eToro will execute your order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your PRLD investment
Now that you own some PRLD stock, you'll want to keep up with your new investment.
Add PRLD to a watchlist to get alerted to the latest events about your PRLD stock.
PRLD Feed
How to Buy Stock in Prelude Therapeutics
To summarize, here are the 6 steps you need to take to buy Prelude Therapeutics stock right now:
- Choose where to buy Prelude Therapeutics stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Prelude Therapeutics stock
- Make your PRLD purchase
- Keep an eye on your PRLD investment
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Prelude Therapeutics, create a watchlist today.
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