How to Buy Sana Biotechnology Stock
Sana Biotechnology Inc
Sana Biotechnology, Inc. , a biotechnology company, focuses on utilizing engineered cells as medicines.
Sana Biotechnology stock last closed at $9.63, up 7% from the previous day, and has increased 76.05% in one year. It has overperformed other stocks in the Biotechnology industry by 0.97 percentage points. Sana Biotechnology stock is currently +250.82% from its 52-week low of $2.75, and -19.75% from its 52-week high of $12.00.
At the moment, there are 220.45M SANA shares outstanding. The market capitalization of SANA is $2.12B. In the past 24 hours, 2.47M SANA shares were traded.
How to Buy Sana Biotechnology Stock
Not sure how to invest in Sana Biotechnology stock? Here's how.
- Decide where to buy Sana Biotechnology stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Sana Biotechnology stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your method of payment and add your info.
- Analyze Sana Biotechnology stock: The Sana Biotechnology ticker symbol is SANA. Is Sana Biotechnology stock a good investment? Should you buy shares of SANA? How do SANA's underlying business fundamentals look? Do top analysts think Sana Biotechnology is a good buy? Why has SANA's stock price moved recently? (Hint: Our stock analysis website can help you figure out if SANA is a good stock to buy).
- Make your SANA purchase: Decide if you will purchase SANA shares at the current market price or use a limit order to purchase SANA stock at a specific price.
- Keep an eye on your SANA position: Create a watchlist to get the latest news on your new investment in Sana Biotechnology shares.
Step 1: Decide where to buy Sana Biotechnology stock
You will need an online brokerage account to access the NASDAQ market and buy SANA stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you are able to invest in SANA today.
How to Start a New Investment 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 data to create your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on the stocks app, you can securely and quickly fund your account:
Watch the video below for more details transferring money into your new brokerage account.
Step 4: Analyze Sana Biotechnology stock
After you have identified the best place to buy Sana Biotechnology stock, it's important to analyze their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Sana Biotechnology quick stats
Sana Biotechnology Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SANA's stock page.
Is SANA stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SANA's true value.
Using relative valuations metrics:
- SANA could be overvalued based on its P/B ratio of 7.38x, relative to Biotechnology industry P/B ratio of 6.02x
You can access more valuation research on SANA's stock here.
SANA Financial Health Summary
Signs that SANA is financially healthy:
- There are more short-term assets than short-term liabilities on the SANA balance sheet.
- Total SANA debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the SANA balance sheet.
Signs that SANA is not financially healthy:
- SANA has $209.03M in cash and short term investments. This is not sufficient to cover its annual cash burn of $273.61M.
- SANA has a relatively high debt to equity ratio of 0.97.
- SANA has cash burn of 273614000. It does not have enough cash and short-term investments to cover this.
Do analysts think it's a good time to buy SANA stock
Out of 2 Wall Street analysts who give recommendations on SANA, the consensus analyst rating on Sana Biotechnology is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Sana Biotechnology stock forecast page.
SANA Technical Indicators
Are SANA insiders buying or selling the stock?
In the last 12 months, insiders at SANA have bought more shares than they have sold.
Patrick Y. Yang, Director of SANA, was the latest SANA insider to sell. They sold $236,300.00 worth of SANA stock on Mar 8, 2024.
Learn more about who owns SANA shares here.
Can I rely on SANA as an income stream?
No, Sana Biotechnology doesn't provide an income stream by paying out dividends.
SANA Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your SANA purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and eToro will execute the order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your SANA position
Now that you own some SANA shares, you'll want to stay up-to-date on your investment.
Start a watchlist to see the latest developments about your SANA stock.
SANA Feed
How to Buy Stock in Sana Biotechnology
To reiterate, here are the 6 steps you need to take to buy Sana Biotechnology stock right now:
- Decide where to buy Sana Biotechnology stock
- Sign up for your brokerage account
- Deposit money your investment account
- Analyze Sana Biotechnology stock
- Make your SANA purchase
- Keep an eye on your SANA position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Sana Biotechnology, click the button below.
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