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How to Buy Ptc Therapeutics Stock

Ptc Therapeutics Inc

PTC Therapeutics, Inc. , a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients with rare disorders.

Ptc Therapeutics stock last closed at $33.62, down 1.58% from the previous day, and has decreased 38.84% in one year. It has underperformed other stocks in the Biotechnology industry by 0.2 percentage points. Ptc Therapeutics stock is currently +91.79% from its 52-week low of $17.53, and -43.82% from its 52-week high of $59.84.

As of May 2, 2024, there are 76.7M PTCT shares outstanding. The market cap of PTCT is $2.58B. In the past 24 hours, 695,083 PTCT shares were traded.

How to Buy Ptc Therapeutics Stock

Not sure how to invest in Ptc Therapeutics stock? Here's how.
  1. Choose where to buy Ptc Therapeutics stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Ptc Therapeutics stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your method of payment and add your information.
  4. Research Ptc Therapeutics stock: The Ptc Therapeutics ticker symbol is PTCT. Is Ptc Therapeutics stock a good investment? Should you buy shares of PTCT? How do PTCT's underlying business fundamentals look? Do top analysts think Ptc Therapeutics is a good buy? Why has PTCT's stock price moved recently? (Hint: Our stock market research website can help you decide if PTCT is a good stock to buy).
  5. Make your PTCT trade: Decide if you will purchase PTCT shares at the current market price or use a limit order to purchase PTCT stock at a given price.
  6. Get the latest scoop on your PTCT investment: Create a watchlist to important updates regarding your position in Ptc Therapeutics stock.

Step 1: Choose where to buy Ptc Therapeutics stock

You need a brokerage account to access the NASDAQ market and buy PTCT shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to invest in PTCT stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Enter your personal details to open a new trading account.
  1. Send your information by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your brokerage account

Now that you've filled out your info on a mobile trading app, you need to deposit funds:

Check out the video below if you need help depositing money into your new brokerage account.

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Step 4: Research Ptc Therapeutics stock

Once you have selected the best place to buy Ptc Therapeutics stock, it's crucial to research their stock before you buy, so you truly comprehend the risk as well as the opportunity.

Ptc Therapeutics stock at a glance

PTCT Price
$33.62
1w %
31.89%
1y %
-38.84%
5y %
-10.06%
P/E
-4.38x
P/B
-2.88x
P/S
2.77x
PEG
N/A
Revenue
$927.56M
Earnings
-$579.22M
Fore. Rev. Growth
-4.62%
Fore. Earn. Growth
N/A
Market Cap
$2.58B
Next Earnings
Jun 5, 2024
Next Dividend
N/A

Ptc Therapeutics Zen Score

WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.

You can see all of the due diligence checks on PTCT's stock page.

Is PTCT stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge PTCT's true value.

You can access more valuation research on PTCT's stock here.

A look at PTCT Cashflows and Balance Sheet

Positive Health Checks:

  • PTCT has $884.81M in cash and short term investments. This is sufficient to cover its annual cash burn of $85.92M.
  • There are more short-term assets than short-term liabilities on the PTCT balance sheet.
  • PTCT has cash burn of 85922000. It has enough cash and short-term investments to cover this for at least one year.

Negative Health Checks:

  • PTCT debt to equity ratio of -3 is negative.
  • Total PTCT debt is still negative.
  • PTCT profit margin has gone up by 0.12 percentage points in the past year, but the company is still unprofitable.
  • There are more long-term liabilities than short-term assets on the PTCT balance sheet.

Is it a good time to buy PTCT stock, according to analysts?

Out of 5 Wall Street analysts who monitor PTCT, the consensus analyst rating on Ptc Therapeutics is a Buy

It's important to 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 Ptc Therapeutics stock forecast page.

PTCT Technical Indicators

SMA10
28.8
SMA20
27.55
SMA50
28.66
SMA100
27.88
SMA200
28.56
MACD
1.09
MACD Signal
0.05
MACD Histogram
1.04
RSI
70.77
Stochastic %K
88.08
Stochastic %D
90.25
StochRSI %K
97.5
StochRSI %D
99.17

PTCT Growth Numbers

Last year, PTCT revenue was $927.56M. During the past 5 year, PTCT's revenue has grown by 28.74% per year. This was slower than the Biotechnology industry average of 29.57%.

You can analyze PTCT's earnings and revenue performance here.

Who is buying/selling PTCT?

In the last 12 months, executives and large shareholders at PTCT have sold more shares than they have bought.

Matthew B. Klein, CHIEF EXECUTIVE OFFICER of PTCT, was the latest PTCT insider to sell. They sold $83,668.73 worth of PTCT shares on Apr 19, 2024.

Learn more about who owns PTCT shares here.

Can I get consistent income from PTCT stock?

No, Ptc Therapeutics doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your PTCT trade

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, place a limit order.

Click the Open button and eToro will place your order.

If you want additional help with buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get the latest scoop on your PTCT investment

Now that you own some shares in PTCT, you'll want to stay up-to-date on your investment.

Add PTCT to a watchlist to keep tabs on your PTCT stock.

PTCT Feed

How to Buy Stock in Ptc Therapeutics

To reiterate, here are the 6 steps to buy stock in Ptc Therapeutics:

  1. Choose where to buy Ptc Therapeutics stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Research Ptc Therapeutics stock
  5. Make your PTCT trade
  6. Get the latest scoop on your PTCT investment

If you need a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Ptc Therapeutics, add PTCT to your watchlist below.

NASDAQ: PTCT
$33.62-0.54 (-1.58%)
Updated May 2, 2024
Open eToro Account
NASDAQ: PTCT
$33.62-0.54 (-1.58%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ptc Therapeutics share?

As of May 2, 2024, it costs $33.62 to buy one share of Ptc Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.297 shares of PTCT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ptc Therapeutics stock?

According to 5 Wall Street analysts who monitor Ptc Therapeutics, their consensus recommendation is to buy Ptc Therapeutics stock.

What is the best way to buy Ptc Therapeutics stock?

One way to place an order for Ptc Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.