How to Buy Puretech Health Stock
Puretech Health PLC
PureTech Health plc, a clinical-stage biotherapeutics company, discovers, develops, and commercializes medicines for inflammatory, fibrotic and immunological, intractable cancers, lymphatic and gastrointestinal, neurological and neuropsychological, and other diseases in the United States.
Puretech Health stock last closed at $27.48, up 0% from the previous day, and has increased 3.27% in one year. It has overperformed other stocks in the Biotechnology industry by 0.27 percentage points. Puretech Health stock is currently +60.89% from its 52-week low of $17.08, and -19.18% from its 52-week high of $34.00.
As of Apr 25, 2024, there are 271.85M PRTC shares outstanding. The market cap of PRTC is $747.05M. In the past 24 hours, 41 PRTC shares were traded.
How to Buy Puretech Health Stock
Not sure how to invest in Puretech Health stock? Here's how.
- Figure out where to buy Puretech Health stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Puretech Health stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Evaluate Puretech Health stock: The Puretech Health ticker symbol is PRTC. Is Puretech Health stock a good investment? Should you buy shares of PRTC? How do PRTC's underlying business fundamentals look? Do top analysts think Puretech Health is a good buy? Why has PRTC's stock price moved recently? (Hint: Our stock market research website can help you evaluate if PRTC is a good stock to buy).
- Place your PRTC purchase: Decide if you will purchase PRTC shares at the current market price or use a limit order to buy PRTC shares at a given price.
- Get the latest scoop on your PRTC position: Create a watchlist to important notifications about your new investment in Puretech Health shares.
Step 1: Figure out where to buy Puretech Health stock
You need an online brokerage account in order to access the NASDAQ market and buy PRTC shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- 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 invest in the stock.
- Access to global financial markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts 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 assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you can buy PRTC 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 details to open your new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on the stock trading app, you need to deposit funds:
Watch the video below to see the process of transferring funds into your investment account.
Step 4: Evaluate Puretech Health stock
Once you have selected the best place to buy Puretech Health stock, it's very important to evaluate their stock prior to buying, so you can understand the risk as well as the opportunity.
Puretech Health quick stats
Puretech Health Overview
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on PRTC's stock page.
Is PRTC stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge PRTC's intrinsic value.
Using relative valuations measures:
- PRTC could be undervalued based on its P/B ratio of 1.61x, relative to Biotechnology industry P/B ratio of 5.8x
You can do additional valuation research on PRTC's stock here.
Is PRTC a healthy company?
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the PRTC balance sheet.
- PRTC has $328.77M in cash and short term investments. This is sufficient to cover its annual cash burn of $105.12M.
- Total PRTC debt is lower than 5 years ago, relative to shareholder equity.
- PRTC has cash burn of 105122000. It has enough 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 PRTC balance sheet.
Negative Health Checks:
- PRTC has a relatively high debt to equity ratio of 0.51.
- PRTC profit margin has gone down from -322.4% to -1,972.9% in the past year.
You can dive deeper into what analysts are forecasting on the Puretech Health stock forecast page.
PRTC Trading Indicators
PRTC Growth Numbers
Last year, PRTC revenue was $3.33M. Over the past five year, PRTC's revenue has grown by -30.64% per year. This was slower than the Biotechnology industry average of 28.62%.
Learn more about PRTC's earnings and revenue performance here.
What are PRTC executives and large shareholders up to?
In the past 12 months, executives and large shareholders at PRTC have not bought or sold any shares.
Learn more about who owns PRTC stock here.
Can I rely on PRTC as an income stream?
No, Puretech Health doesn't provide an income stream by paying out dividends.
What others are saying about PRTC
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your PRTC purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order 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 particular dollar amount limit, place a limit order.
Click the Open button and eToro will place the order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your PRTC position
Now that you own some PRTC shares, you'll want to stay up-to-date on your investment.
Create a watchlist to get notified of important updates regarding your PRTC stock.
PRTC Feed
How to Buy Stock in Puretech Health
To summarize, here are the 6 steps for buying Puretech Health stock:
- Figure out where to buy Puretech Health stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Puretech Health stock
- Place your PRTC purchase
- Get the latest scoop on your PRTC position
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Puretech Health, create a watchlist on WallStreetZen today.
More Content You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.