How to Buy Shattuck Labs Stock
Shattuck Labs Inc
Shattuck Labs, Inc. , a clinical-stage biotechnology company, develops therapeutics for the treatment of cancer and autoimmune disease in the United States.
Shattuck Labs stock last closed at $10.86, up 3.63% from the previous day, and has increased 252.6% in one year. It has overperformed other stocks in the Biotechnology industry by 2.74 percentage points. Shattuck Labs stock is currently +716.54% from its 52-week low of $1.33, and -6.22% from its 52-week high of $11.58.
As of May 1, 2024, there are 47.47M shares of STTK outstanding. The market value of STTK is $515.58M. In the past 24 hours, 202,349 STTK shares were traded.
How to Buy Shattuck Labs Stock
Not sure how to invest in Shattuck Labs stock? Here's how.
- Choose where to buy Shattuck Labs stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Shattuck Labs stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Research Shattuck Labs stock: The Shattuck Labs ticker symbol is STTK. Is Shattuck Labs stock a good investment? Should you buy shares of STTK? How do STTK's underlying business fundamentals look? Do top analysts think Shattuck Labs is a good buy? Why has STTK's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if STTK is a good stock to buy).
- Place your STTK trade: Decide if you will purchase STTK shares at the current market price or use a limit order to buy STTK stock at a specific price.
- Get the latest scoop on your STTK investment: Create a watchlist to the latest updates on your investment in Shattuck Labs stock.
Step 1: Choose where to buy Shattuck Labs stock
You will need a brokerage account to access the NASDAQ market and buy STTK stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to buy STTK 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.
- Enter your personal info to open a new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on our top ranked stock market app, you need to deposit funds:
Watch the video below to see the process of transferring money into your brokerage account.
Step 4: Research Shattuck Labs stock
After you have figured out the best place to buy Shattuck Labs stock, it's crucial to analyze their stock prior to investing, so you can comprehend the risk and opportunity.
Shattuck Labs Numbers
STTK Overview
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on STTK's stock page.
Is STTK stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge STTK's true value.
Using relative valuations ratios:
- STTK may be undervalued based on its P/B ratio of 3.56x, relative to Biotechnology industry P/B ratio of 6.02x
You can access additional valuation research on STTK's stock here.
A look at STTK Cashflows and Balance Sheet
Positive Financial Indicators:
- STTK has cash burn of 81635000. It has enough 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 STTK balance sheet.
- Total STTK debt is lower than 5 years ago, relative to shareholder equity.
- STTK has a low debt to equity ratio of 0.1.
- There are more short-term assets than long-term liabilities on the STTK balance sheet.
Negative Financial Indicators:
- STTK profit margin has gone up by 103.67 percentage points in the past year, but the company is still unprofitable.
- STTK has $130.63M in cash and short term investments. This is not sufficient to cover its annual cash burn of $81.64M.
Is Shattuck Labs stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who give forecasts on STTK, the consensus analyst rating on Shattuck Labs is a Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Shattuck Labs stock forecast page.
STTK Technical Indicators
STTK Growth Metrics
Last year, STTK revenue was $1.66M. In the last five year, STTK's revenue has increased by -40.62% per year. This was slower than the Biotechnology industry average of 28.49%.
Dig into STTK's earnings and revenue performance here.
What are STTK insiders up to?
In the past year, executives and large shareholders at STTK have sold more shares than they have bought.
Stephen Stout, General Counsel Corporate Secretary and Chief Ethics and Compliance Officer of STTK, was the latest STTK insider to sell. They sold $51,544.35 worth of STTK stock on Mar 6, 2024.
Learn more about who owns STTK stock here.
Does STTK provide a stable income stream?
No, Shattuck Labs doesn't provide an income stream by paying out dividends.
STTK Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your STTK trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - 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 dollar amount limit, place a limit order.
Click the Open button and your broker will place the order.
If you require more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your STTK investment
Now that you own some STTK shares, you'll want to keep up with your new shares.
Create a watchlist to track the most important metrics related to your STTK stock.
STTK Feed
How to Buy Stock in Shattuck Labs
To reiterate, here are the 6 steps you need to take to buy Shattuck Labs stock right now:
- Choose where to buy Shattuck Labs stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Shattuck Labs stock
- Place your STTK trade
- Get the latest scoop on your STTK investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in Shattuck Labs, hit the button below to create your watchlist.
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