How to Buy Silence Therapeutics Stock
Silence Therapeutics PLC
Silence Therapeutics plc, a biotechnology company, focuses on the discovery and development of novel ribonucleic acid (RNA) therapeutics in hematology, cardiovascular, and other rare and metabolic indications.
Silence Therapeutics stock last closed at $18.61, down 0.16% from the previous day, and has increased 99.25% in one year. It has overperformed other stocks in the Biotechnology industry by 1.11 percentage points. Silence Therapeutics stock is currently +202.6% from its 52-week low of $6.15, and -32.86% from its 52-week high of $27.72.
At the moment, there are 140.21M SLN shares outstanding. The market cap of SLN is $868.89M. In the last 24 hours, 85,337 SLN shares were traded.
How to Buy Silence Therapeutics Stock
Wondering how to invest in Silence Therapeutics stock? Here's how.
- Choose where to buy Silence Therapeutics stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Silence Therapeutics stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Analyze Silence Therapeutics stock: The Silence Therapeutics ticker symbol is SLN. Is Silence Therapeutics stock a good investment? Should you buy shares of SLN? How do SLN's underlying business fundamentals look? Do top analysts think Silence Therapeutics is a good buy? Why has SLN's stock price moved recently? (Hint: Our stock market research tools can help you figure out if SLN is a good stock to buy).
- Execute your SLN buy order: Decide if you will purchase SLN shares at the current market price or use a limit order to purchase SLN shares at a particular price.
- Track your investment in SLN: Create a watchlist to key updates about your position in Silence Therapeutics shares.
Step 1: Choose where to buy Silence Therapeutics stock
You will need a brokerage account in order to access the NASDAQ market and buy SLN shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to invest in SLN today.
How to Create a New 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 data to start a new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on stock market app, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your brokerage account.
Step 4: Analyze Silence Therapeutics stock
After you have identified the best place to buy Silence Therapeutics stock, it's crucial to research their stock before you invest, so you can understand the risk and opportunity.
Silence Therapeutics Numbers
Silence Therapeutics Due Diligence Checks
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SLN's stock page.
Is SLN stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge SLN's true value.
Using relative valuations methods:
- SLN may be overvalued based on its P/B ratio of 6.02x, relative to Biotechnology industry P/B ratio of 5.95x
You can access additional valuation research on SLN's stock here.
A look at SLN Cashflows and Balance Sheet
Positive Financial Indicators:
- SLN has cash burn of 37352564. It has enough 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 SLN balance sheet.
- SLN has $191.79M in cash and short term investments. This is enough to cover its annual cash burn of $37.35M.
- There are more short-term assets than short-term liabilities on the SLN balance sheet.
Negative Financial Indicators:
- SLN has a relatively high debt to equity ratio of 0.68.
- Total SLN debt is higher than 5 years ago, relative to shareholder equity.
- SLN profit margin has gone down from -144.9% to -224% in the past year.
Do analysts think it's a good time to buy Silence Therapeutics stock
Out of 3 Equities analysts who give ratings on SLN, the consensus analyst rating on SLN is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Silence Therapeutics stock forecast page.
SLN Trading Indicators
SLN Growth Metrics
Last year, SLN revenue was $22.95M. In the last 4 year, SLN's revenue has grown by 89.44% per year. This was faster than the Biotechnology industry average of 59.82%.
Learn more about SLN's earnings and revenue performance here.
What are SLN insiders up to?
In the last 12 months, executives and large shareholders at SLN have not bought or sold any shares.
Get more info about who owns SLN shares here.
Can I get consistent income from SLN stock?
No, Silence Therapeutics doesn't provide an income stream by paying out dividends.
What do other traders have to say about SLN?
One of the 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: Execute your SLN buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables 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 particular price limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Track your investment in SLN
Now that you own some SLN shares, you'll want to keep up with your new company.
Add SLN to a watchlist to get alerted to the latest events about your SLN stock.
SLN Feed
How to Buy Stock in Silence Therapeutics
To reiterate, here are the 6 steps to buy Silence Therapeutics stock:
- Choose where to buy Silence Therapeutics stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Silence Therapeutics stock
- Execute your SLN buy order
- Track your investment in SLN
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Silence Therapeutics, click below.
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