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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 $1.74, down 1.69% from the previous day, and has decreased 64.27% in one year. It has underperformed other stocks in the Biotechnology industry by 0.41 percentage points. Rallybio stock is currently +42.04% from its 52-week low of $1.23, and -80.96% from its 52-week high of $9.14.

At the moment, there are 37.81M shares of RLYB outstanding. The market capitalization of RLYB is $65.79M. In the last 24 hours, 237,569 RLYB shares were traded.

How to Buy Rallybio Stock

Wondering how to invest in Rallybio stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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

RLYB Price
$1.74
1w %
-3.33%
1y %
-64.27%
5y %
N/A
P/E
-0.95x
P/B
0.62x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$74.56M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$65.79M
Next Earnings
May 7, 2024
Next Dividend
N/A

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 0.62x, relative to Biotechnology industry P/B ratio of 5.93x

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 a low debt to equity ratio of 0.09.
  • There are more short-term assets than short-term liabilities on the RLYB balance sheet.
  • RLYB has cash burn of 60277000. It has enough cash and short-term investments to cover this for at least one year.

Cons:

  • RLYB has $109.93M in cash and short term investments. This is not sufficient to cover its annual cash burn of $60.28M.

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

Out of 5 Wall Street analysts who give ratings on RLYB, the consensus analyst rating on RLYB is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Rallybio stock forecast page.

Metrics for Advanced RLYB Traders

SMA10
17.54
SMA20
18.32
SMA50
16.95
SMA100
14.19
SMA200
12.22
MACD
-0.03
MACD Signal
0.25
MACD Histogram
-0.28
RSI
50.1
Stochastic %K
23.4
Stochastic %D
17.08
StochRSI %K
24.31
StochRSI %D
10.81

Are RLYB insiders buying or selling the stock?

In the last 12 months, insiders at RLYB have not bought or sold any shares.

Dig into more about who owns RLYB stock here.

Can I get consistent income from RLYB stock?

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

What do other traders have to say about RLYB?

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your RLYB purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you 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, use a limit order.

Click the Open button and eToro will execute your order.

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Step 6: Track your investment in RLYB

Now that you own some shares in RLYB, you'll want to stay up-to-date on your new company.

Start a watchlist to get the latest updates about your RLYB stock.

RLYB Feed

How to Buy Stock in Rallybio

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

  1. Choose where to buy Rallybio stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Evaluate Rallybio stock
  5. Place your RLYB purchase
  6. Track your investment in RLYB

If you require a brokerage, eToro is our recommended venue.

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 would like to get the latest news on your investment in Rallybio, create a watchlist on WallStreetZen today.

NASDAQ: RLYB
$1.74-0.03 (-1.69%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: RLYB
$1.74-0.03 (-1.69%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Rallybio share?

As of Apr 23, 2024, it costs $1.74 to buy one share of Rallybio stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.87, you can buy 0.5 shares of RLYB.

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 Rallybio stock?

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

What is the best way to buy Rallybio stock?

One way to place an order for Rallybio 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.