How to Buy Sagimet Biosciences Stock
Sagimet Biosciences Inc
Sagimet Biosciences Inc. , a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways.
Sagimet Biosciences stock last closed at $4.33, up 1.17% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Biotechnology industry by N/A percentage points. Sagimet Biosciences stock is currently +103.29% from its 52-week low of $2.13, and -79.09% from its 52-week high of $20.71.
There are currently 31.91M SGMT shares outstanding. The market cap of SGMT is $138.19M. In the last 24 hours, 288,024 SGMT shares were traded.
How to Buy Sagimet Biosciences Stock
Not sure how to invest in Sagimet Biosciences stock? Here's how.
- Figure out where to buy Sagimet Biosciences stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Sagimet Biosciences stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your method of payment and add your details.
- Research Sagimet Biosciences stock: The Sagimet Biosciences ticker symbol is SGMT. Is Sagimet Biosciences stock a good investment? Should you buy shares of SGMT? How do SGMT's underlying business fundamentals look? Do top analysts think Sagimet Biosciences is a good buy? Why has SGMT's stock price moved recently? (Hint: Our stock research tools can help you understand if SGMT is a good stock to buy).
- Make your SGMT buy order: Decide if you will purchase SGMT shares at the current market price or use a limit order to buy SGMT stock at a given price.
- Watch your investment in SGMT: Create a watchlist to monitor your new investment in Sagimet Biosciences stock.
Step 1: Figure out where to buy Sagimet Biosciences stock
You need a brokerage account to access the NASDAQ market and buy SGMT stock.
Our preferred brokerage: eToro
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- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to buy SGMT stock today.
How to Set Up a New Brokerage 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 details to open your new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've filled out your info on apps for stocks, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your new brokerage account.
Step 4: Research Sagimet Biosciences stock
Once you have chosen the best place to buy Sagimet Biosciences stock, it's crucial to research their stock prior to investing, so you actually comprehend the risk and upside.
Sagimet Biosciences Metrics
Sagimet Biosciences Overview
WallStreetZen was designed to help average investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on SGMT's stock page.
Is SGMT stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SGMT's intrinsic value.
Using relative valuations methods:
- SGMT may be undervalued based on its P/B ratio of 1.52x, relative to Biotechnology industry P/B ratio of 6.06x
You can access more valuation research on SGMT's stock here.
A quick look at SGMT Financials
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the SGMT balance sheet.
- SGMT has $94.90M in cash and short term investments. This is sufficient to cover its annual cash burn of $23.77M.
- SGMT has cash burn of 23766000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the SGMT balance sheet.
- SGMT has a low debt to equity ratio of 0.06.
Failed Health Checks:
- SGMT profit margin has gone down from N/A to -1,393.8% in the past year.
Is Sagimet Biosciences stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Wall Street analysts who give forecasts on SGMT, the consensus analyst rating on SGMT is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Sagimet Biosciences stock forecast page.
SGMT Trading Indicators
Who is buying/selling SGMT?
Over the last year, insiders at SGMT have bought more shares than they have sold.
David Happel, President CEO of SGMT, was the latest SGMT insider to buy. They bought $63,730.70 worth of SGMT stock on Mar 26, 2024.
Get more info about who owns SGMT shares here.
Can I rely on SGMT as an income stream?
No, Sagimet Biosciences doesn't provide an income stream by paying out dividends.
What do other investors have to say about SGMT?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your SGMT buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will place your order.
If you want more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in SGMT
Now that you own some shares in SGMT, you'll want to keep up with your new stock purchase.
Put SGMT on a watchlist to get notified of the latest news about your SGMT stock.
SGMT Feed
How to Buy Stock in Sagimet Biosciences
To summarize, here are the 6 steps for buying Sagimet Biosciences stock:
- Figure out where to buy Sagimet Biosciences stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research Sagimet Biosciences stock
- Make your SGMT buy order
- Watch your investment in SGMT
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in Sagimet Biosciences, create your watchlist below.
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