How to Buy Rallybio Stock
Rallybio Corp
Rallybio Corporation, a clinical-stage biotechnology company, engages in discovering, developing, manufacturing, and delivering therapies that enhance the lives of patients suffering from severe and rare diseases.
Rallybio stock last closed at $0.60, up 1.52% from the previous day, and has decreased 45.36% in one year. It has overperformed other stocks in the Biotechnology industry by 0.03 percentage points. Rallybio stock is currently +173.18% from its 52-week low of $0.22, and -51.53% from its 52-week high of $1.24.
At the moment, there are 41.79M shares of RLYB outstanding. The market capitalization of RLYB is $25.11M. In the last 24 hours, 99,000 RLYB shares were traded.
How to Buy Rallybio Stock
Wondering how to invest in Rallybio stock? Here's how.
- Choose where to buy Rallybio stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Rallybio stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your information.
- Evaluate Rallybio stock: The Rallybio ticker symbol is RLYB. Is Rallybio stock a good investment? Should you buy shares of RLYB? How do RLYB's underlying business fundamentals look? Do top analysts think Rallybio is a good buy? Why has RLYB's stock price moved recently? (Hint: Our stock research website can help you understand if RLYB is a good stock to buy).
- Place your RLYB purchase: Decide if you will purchase RLYB shares at the current market price or use a limit order to buy RLYB shares at a specific price.
- Track your investment in RLYB: Create a watchlist to key updates about your new investment in Rallybio stock.
Step 1: Choose where to buy Rallybio stock
You will need an online brokerage account to access the NASDAQ market and buy RLYB stock.
Our favorite brokerage: eToro
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Get $10 towards your stock purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy RLYB stock today.
How to Start 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.
- Provide your personal info to start a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on a mobile trading app, you need to deposit funds:
Watch the walkthrough below to see the process of depositing money into your new investment account.
Step 4: Evaluate Rallybio stock
Once you have figured out the best place to buy Rallybio stock, it's absolutely critical to evaluate their stock before you invest, so you truly wrap your head around the risk and upside.
Rallybio shares quick numbers
Fundamentals of Rallybio
WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on RLYB's stock page.
Is RLYB stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge RLYB's intrinsic value.
Using relative valuations measures:
- RLYB could be undervalued based on its P/B ratio of 0.55x, relative to Biotechnology industry P/B ratio of 4.65x
You can do more valuation research on RLYB's stock here.
Is RLYB a healthy company?
Pros:
- There are more short-term assets than long-term liabilities on the RLYB balance sheet.
- RLYB has cash burn of 41991000. It has enough cash and short-term investments to cover this for at least one year.
- RLYB has a low debt to equity ratio of 0.11.
- RLYB has $45.75M in cash and short term investments. This is sufficient to cover its annual cash burn of $41.99M.
- There are more short-term assets than short-term liabilities on the RLYB balance sheet.
Cons:
- RLYB profit margin has gone up by 192.36 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy Rallybio stock, according to analysts?
Out of 1 sell side analysts who track RLYB, the consensus analyst rating on RLYB is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Rallybio stock forecast page.
RLYB Technicals
RLYB Growth Numbers
Last year, RLYB revenue was $761.00k. In the past one years, RLYB's revenue has grown by 154.52% per year. This was faster than the Biotechnology industry average of 66.52%.
Learn more about RLYB's earnings and revenue performance here.
What are RLYB executives and large shareholders up to?
Over the last 12 months, insiders at RLYB have not bought or sold any shares.
Learn more about who owns RLYB shares here.
Does RLYB stock generate passive income?
No, Rallybio doesn't provide an income stream by paying out dividends.
What others are saying about RLYB
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your RLYB purchase
There are two primary order types:
- 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 sufficient. - Limit order: A limit order allows you to 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, place a limit order.
Click the Open button and eToro will execute your order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Track your investment in RLYB
Now that you own some RLYB stock, you'll want to keep up with your new investment.
Add RLYB to a watchlist to get the latest updates about your RLYB stock.
RLYB Feed
How to Buy Stock in Rallybio
To summarize, here are the 6 steps to buy Rallybio stock:
- Choose where to buy Rallybio stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Rallybio stock
- Place your RLYB purchase
- Track your investment in RLYB
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Rallybio, click below.
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