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 $0.70, up 15.21% from the previous day, and has decreased 31.67% in one year. It has underperformed other stocks in the Biotechnology industry by 0.08 percentage points. Rallybio stock is currently +216.82% from its 52-week low of $0.22, and -43.79% 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 $29.13M. In the last 24 hours, 1.11M 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
Based on our research, eToro is the best brokerage. eToro gives you:
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- 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 top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
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 0.63x, relative to Biotechnology industry P/B ratio of 4.97x
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.
You can dig deeper into what analysts are projecting on the Rallybio stock forecast page.
RLYB Technical Indicators
RLYB Performance Metrics
Last year, RLYB revenue was $761.00k. During the past 1 years, RLYB's revenue has gone up by 154.52% per year. This was faster than the Biotechnology industry average of 70.04%.
Dig into RLYB's earnings and revenue performance here.
Latest Insiders Trades at RLYB
In the last 12 months, insiders at RLYB have not bought or sold any shares.
Learn more about who owns RLYB shares here.
Does RLYB provide a stable income stream?
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 favorite 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 order types:
- 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 the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you want more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Track your investment in RLYB
Now that you own some RLYB shares, you'll want to stay up-to-date on your company.
Make a watchlist to track the most important metrics related to your RLYB stock.
RLYB Feed
How to Buy Stock in Rallybio
To summarize, here are the 6 steps for buying 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 need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Rallybio, add RLYB to your watchlist by clicking the button below.
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