How to Buy Rigel Pharmaceuticals Stock

Rigel Pharmaceuticals Inc

Rigel Pharmaceuticals, Inc. , a biotechnology company, discovers and develops small molecule drugs to treat hematologic disorders, cancer, and rare immune diseases.

Rigel Pharmaceuticals stock last closed at $21.57, up 3.4% from the previous day, and has increased 82.8% in one year. It has overperformed other stocks in the Biotechnology industry by 1.16 percentage points. Rigel Pharmaceuticals stock is currently +188.21% from its 52-week low of $7.48, and -27.67% from its 52-week high of $29.82.

As of Feb 14, 2025, there are 17.62M shares of RIGL outstanding. The market value of RIGL is $379.96M. In the past 24 hours, 194,023 RIGL shares were traded.

How to Buy Rigel Pharmaceuticals Stock

Wondering how to invest in Rigel Pharmaceuticals stock? Here's how.

  1. Figure out where to buy Rigel Pharmaceuticals stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Rigel Pharmaceuticals stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your payment method and add your info.
  4. Evaluate Rigel Pharmaceuticals stock: The Rigel Pharmaceuticals ticker symbol is RIGL. Is Rigel Pharmaceuticals stock a good investment? Should you buy shares of RIGL? How do RIGL's underlying business fundamentals look? Do top analysts think Rigel Pharmaceuticals is a good buy? Why has RIGL's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if RIGL is a good stock to buy).
  5. Make your RIGL purchase: Decide if you will purchase RIGL shares at the current market price or use a limit order to buy RIGL shares at a particular price.
  6. Get the latest news on your RIGL position: Create a watchlist to monitor your position in Rigel Pharmaceuticals stock.

Step 1: Figure out where to buy Rigel Pharmaceuticals stock

You need an online brokerage account to access the NASDAQ market and buy RIGL shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to invest in RIGL stock today.

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  1. Send your information by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've opened your account on the best stock app to use, you need to deposit funds:

Check out the video below for more details transferring funds into your new investment account.

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Step 4: Evaluate Rigel Pharmaceuticals stock

Once you have figured out the best place to buy Rigel Pharmaceuticals stock, it's important to evaluate their stock before you invest, so you truly understand the risk and opportunity.

Rigel Pharmaceuticals Metrics

RIGL Price
$21.57
1w %
-1.69%
1y %
82.8%
5y %
-2.84%
P/E
86.28x
P/B
-25.96x
P/S
2.41x
PEG
0.77x
Revenue
$157.47M
Earnings
$3.88M
Fore. Rev. Growth
17.15%
Fore. Earn. Growth
111.84%
Market Cap
$379.96M
Next Earnings
Mar 3, 2025
Next Dividend
N/A

Rigel Pharmaceuticals Overview

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on RIGL's stock page.

What is the fair value of RIGL stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge RIGL's true value.

Using relative valuations metrics:

  • RIGL could be undervalued based on its P/E ratio of 86.28x, relative to Biotechnology industry P/E ratio of -169.22x
  • RIGL may be undervalued based on its PEG ratio of 0.77x

You can do additional valuation analysis on RIGL's stock here.

A look at RIGL Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the RIGL balance sheet.
  • RIGL profit margin has gone up from -18.5% to 2.5% in the past year.
  • There are more short-term assets than long-term liabilities on the RIGL balance sheet.

Failed Financial Due Diligence Checks:

  • RIGL debt to equity ratio of -10.53 is negative.
  • RIGL earnings of $11.75M is not sufficient to cover its interest payments.
  • Total RIGL debt is still negative.
  • RIGL's operating cash flow of $10.73M allows it to safely service it's debt of $60.23M.

Do Wall Street analysts think it's a good time to buy Rigel Pharmaceuticals stock

Out of 5 Equities analysts who monitor RIGL, the consensus analyst rating on RIGL is a Buy

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

You can dig deeper into what analysts are projecting on the Rigel Pharmaceuticals stock forecast page.

RIGL Technical Indicators

SMA10
21.67
SMA20
21.77
SMA50
20.03
SMA100
19.28
SMA200
14.98
MACD
0.49
MACD Signal
0.66
MACD Histogram
-0.17
RSI
53.5
Stochastic %K
23.28
Stochastic %D
19.1
StochRSI %K
6.95
StochRSI %D
2.44

RIGL Growth Metrics

Last year, RIGL revenue was $157.47M. During the last five year, RIGL's revenue has gone up by 14.01% per year. This was slower than the Biotechnology industry average of 59.48%.

You can analyze RIGL's earnings and revenue performance here.

Are RIGL insiders buying or selling the stock?

Over the past 12 months, insiders at RIGL have sold more shares than they have bought.

Raymond J. Furey, EVP GC CCO Corp Sec of RIGL, was the latest RIGL insider to sell. They sold $29,358.91 worth of RIGL stock on Feb 5, 2025.

Get more info about who owns RIGL shares here.

Can I rely on RIGL as an income stream?

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

What others are saying about RIGL

One of the major 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: Make your RIGL purchase

You have 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 usually fine for most investors.
  • 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 a particular dollar amount, use a limit order.

Press the Open button and eToro will place the order.

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Step 6: Get the latest news on your RIGL position

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

Make a watchlist to keep tabs on your RIGL stock.

RIGL Feed

How to Buy Stock in Rigel Pharmaceuticals

To summarize, here are the 6 steps to buy Rigel Pharmaceuticals stock:

  1. Figure out where to buy Rigel Pharmaceuticals stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Rigel Pharmaceuticals stock
  5. Make your RIGL purchase
  6. Get the latest news on your RIGL position

If you are looking for 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 keep an eye on your investment in Rigel Pharmaceuticals, create a watchlist today.

NASDAQ: RIGL
$21.57+0.71 (+3.4%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: RIGL
$21.57+0.71 (+3.4%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Rigel Pharmaceuticals share?

As of Feb 14, 2025, it costs $21.57 to buy one share of Rigel Pharmaceuticals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.464 shares of RIGL.

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 Rigel Pharmaceuticals stock?

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

What is the best way to buy Rigel Pharmaceuticals stock?

One way to place an order for Rigel Pharmaceuticals 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.