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How to Buy Revance Therapeutics Stock

Revance Therapeutics Inc

Revance Therapeutics, Inc. , a biotechnology company, engages in the development, manufacture, and commercialization of neuromodulators for various aesthetic and therapeutic indications in the United States and internationally.

Revance Therapeutics stock last closed at $3.58, up 9.48% from the previous day, and has decreased 84.67% in one year. It has underperformed other stocks in the Biotechnology industry by 0.73 percentage points. Revance Therapeutics stock is currently +55.65% from its 52-week low of $2.30, and -85.61% from its 52-week high of $24.87.

There are currently 104.45M RVNC shares outstanding. The market value of RVNC is $373.93M. In the last 24 hours, 2.79M RVNC shares were traded.

How to Buy Revance Therapeutics Stock

Wondering how to invest in Revance Therapeutics stock? Here's how.
  1. Choose where to buy Revance Therapeutics stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Revance Therapeutics stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your method of payment and add your details.
  4. Analyze Revance Therapeutics stock: The Revance Therapeutics ticker symbol is RVNC. Is Revance Therapeutics stock a good investment? Should you buy shares of RVNC? How do RVNC's underlying business fundamentals look? Do top analysts think Revance Therapeutics is a good buy? Why has RVNC's stock price moved recently? (Hint: Our stock research website can help you understand if RVNC is a good stock to buy).
  5. Make your RVNC buy order: Decide if you will purchase RVNC shares at the current market price or use a limit order to buy RVNC shares at a specific price.
  6. Track your RVNC investment: Create a watchlist to important updates regarding your investment in Revance Therapeutics shares.

Step 1: Choose where to buy Revance Therapeutics stock

You will need a brokerage account to access the NASDAQ market and buy RVNC stock.

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

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal details so you are able to buy RVNC today.

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Step 3: Deposit funds into your brokerage account

Now that you have created your account on the best stock broker app, you need to deposit funds:

Watch the walkthrough below for more details transferring funds into your new investment account.

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Step 4: Analyze Revance Therapeutics stock

Once you have figured out the best place to buy Revance Therapeutics stock, it's very important to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.

Revance Therapeutics Metrics

RVNC Price
$3.58
1w %
34.08%
1y %
-84.67%
5y %
-71.52%
P/E
-0.98x
P/B
-3.79x
P/S
1.39x
PEG
N/A
Revenue
$236.65M
Earnings
-$317.35M
Fore. Rev. Growth
27.06%
Fore. Earn. Growth
N/A
Market Cap
$373.93M
Next Earnings
Aug 5, 2024
Next Dividend
N/A

RVNC Overview

WallStreetZen was created to help average investors do more accurate fundamental analysis in less time.

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

Is RVNC stock overvalued?

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

You can access additional valuation analysis on RVNC's stock here.

RVNC Financial Health

Positive Financial Indicators:

  • RVNC has $277.62M in cash and short term investments. This is sufficient to cover its annual cash burn of $220.74M.
  • RVNC has cash burn of 220742000. It has sufficient 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 RVNC balance sheet.

Negative Financial Indicators:

  • RVNC profit margin has gone up by 0.96 percentage points in the past year, but the company is still unprofitable.
  • RVNC debt to equity ratio of -6.15 is negative.
  • Total RVNC debt is still negative.
  • There are more long-term liabilities than short-term assets on the RVNC balance sheet.

Do analysts think it's a good time to buy Revance Therapeutics stock

Out of 6 Wall Street analysts who research RVNC, the consensus analyst rating on RVNC is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest RVNC Analyst Forecasts

Balaji Prasad, a bottom 8% analyst from Barclays maintains RVNC with a strong buy rating and lowers their RVNC price target from $35.00 to $10.00, on Jan 29, 2024.

You can dive deeper into what analysts are forecasting on the Revance Therapeutics stock forecast page.

RVNC Trading Indicators

SMA10
2.84
SMA20
2.76
SMA50
3.04
SMA100
3.98
SMA200
5.83
MACD
0.04
MACD Signal
-0.09
MACD Histogram
0.13
RSI
69.17
Stochastic %K
87.91
Stochastic %D
83.62
StochRSI %K
100
StochRSI %D
100

RVNC Revenue

Last year, RVNC revenue was $236.65M. Over the last 5 year, RVNC's revenue has increased by 128.33% per year. This was faster than the Biotechnology industry average of 32.01%.

Dig into RVNC's earnings and revenue performance here.

Latest Insiders Trades at RVNC

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

Mark J. Foley, CEO of RVNC, was the latest RVNC insider to buy. They bought $2,184.00 worth of RVNC shares on Jun 30, 2024.

Dig into more about who owns RVNC shares here.

Does RVNC stock generate passive income?

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

RVNC Social Trading Data

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

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Step 5: Make your RVNC buy order

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 make sure you're buying or selling at a given price, place a limit order.

Press the Open button and eToro will place your order.

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Step 6: Track your RVNC investment

Now that you own some RVNC shares, you'll want to keep up with your stock purchase.

Start a watchlist to keep tabs on your RVNC stock.

RVNC Feed

How to Buy Stock in Revance Therapeutics

To summarize, here are the 6 steps for buying Revance Therapeutics stock:

  1. Choose where to buy Revance Therapeutics stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Revance Therapeutics stock
  5. Make your RVNC buy order
  6. Track your RVNC investment

If you require a online brokerage, eToro is our favorite venue.

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If you want to monitor your new investment in Revance Therapeutics, add RVNC to your watchlist by clicking the button below.

NASDAQ: RVNC
$3.58+0.31 (+9.48%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: RVNC
$3.58+0.31 (+9.48%)
Updated Jul 12, 2024
Open eToro Account

FAQ

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

As of Jul 12, 2024, it costs $3.58 to buy one share of Revance Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.279 shares of RVNC.

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 Revance Therapeutics stock?

According to 6 Wall Street analysts who monitor Revance Therapeutics, their consensus recommendation is to buy Revance Therapeutics stock.

What is the best way to buy Revance Therapeutics stock?

One way to place an order for Revance 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.