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How to Buy Sqz Biotechnologies Co Stock

Sqz Biotechnologies Co

Sqz Biotechnologies Co is a biotech company located in Massachusetts, United States, which is part of the Healthcare sector, and is traded under the ticker SQZ on the NYSE exchange.

Sqz Biotechnologies Co stock last closed at $0.54, down 1.1% from the previous day, and has decreased 86.12% in one year. It has underperformed other stocks in the Biotechnology industry by 0.73 percentage points. Sqz Biotechnologies Co stock is currently +5.88% from its 52-week low of $0.51, and -85.52% from its 52-week high of $3.73.

There are currently 29.49M shares of SQZ outstanding. The market value of SQZ is $15.93M. In the last 24 hours, 72,431 SQZ shares were traded.

How to Buy Sqz Biotechnologies Co Stock

Wondering how to invest in Sqz Biotechnologies Co stock? Here's how.
  1. Figure out where to buy Sqz Biotechnologies Co stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Sqz Biotechnologies Co stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your details.
  4. Research Sqz Biotechnologies Co stock: The Sqz Biotechnologies Co ticker symbol is SQZ. Is Sqz Biotechnologies Co stock a good investment? Should you buy shares of SQZ? How do SQZ's underlying business fundamentals look? Do top analysts think Sqz Biotechnologies Co is a good buy? Why has SQZ's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SQZ is a good stock to buy).
  5. Execute your SQZ buy order: Decide if you will purchase SQZ shares at the current market price or use a limit order to buy SQZ stock at a given price.
  6. Monitor your SQZ investment: Create a watchlist to watch your investment in Sqz Biotechnologies Co shares.

Step 1: Figure out where to buy Sqz Biotechnologies Co stock

You need a brokerage account in order to access the NYSE market and buy SQZ shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal info so you can buy SQZ stock today.

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Step 3: Deposit funds into your brokerage account

Now that you have finished signing up on the best stock trading app, your next step is to transfer the money for your investment:

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Step 4: Research Sqz Biotechnologies Co stock

After you have identified the best place to buy Sqz Biotechnologies Co stock, it's very important to analyze their stock before you invest, so you can comprehend the risk and upside.

Sqz Biotechnologies Co Metrics

SQZ Price
$0.54
1w %
-10%
1y %
-86.12%
5y %
N/A
P/E
-0.21x
P/B
0.4x
P/S
0.86x
PEG
N/A
Revenue
$18.61M
Earnings
-$76.11M
Fore. Rev. Growth
89.95%
Fore. Earn. Growth
N/A
Market Cap
$15.93M
Next Earnings
Aug 2, 2023
Next Dividend
N/A

Fundamentals of SQZ

WallStreetZen was built to help part-time investors perform better fundamental analysis in less time.

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

What is the fair value of SQZ stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SQZ's true value.

Using relative valuations ratios:

  • SQZ could be undervalued based on its P/B ratio of 0.4x, relative to Biotechnology industry P/B ratio of 5.2x

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

SQZ Financial Overview

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the SQZ balance sheet.
  • There are more short-term assets than short-term liabilities on the SQZ balance sheet.

Negative Health Checks:

  • SQZ has a relatively high debt to equity ratio of 0.82.
  • SQZ has cash burn of 87246000. It does not have sufficient cash and short-term investments to cover this.
  • SQZ has $42.18M in cash and short term investments. This is not enough to cover its annual cash burn of $87.25M.
  • SQZ profit margin has gone down from -303.4% to -409% in the past year.

You can dig deeper into what analysts are projecting on the Sqz Biotechnologies Co stock forecast page.

SQZ Momentum

SMA10
13.32
SMA20
13.42
SMA50
12.91
SMA100
10.53
SMA200
9.45
MACD
0.14
MACD Signal
0.25
MACD Histogram
-0.11
RSI
49.9
Stochastic %K
33.35
Stochastic %D
39.77
StochRSI %K
0.93
StochRSI %D
6.21

How are SQZ Revenues/Earnings doing?

Last year, SQZ revenue was $18.61M. In the past two year, SQZ's revenue has increased by -3.64% per year. This was slower than the Biotechnology industry average of 90.3%.

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

Latest Insiders Trades at SQZ

In the last year, executives and large shareholders at SQZ have bought more shares than they have sold.

Richard Capasso, Officer Title - Principal Accounting Officer and Chief Accounting Officer of SQZ, was the latest SQZ insider to sell. They sold $3,934.66 worth of SQZ shares on Aug 15, 2022.

Learn more about who owns SQZ stock here.

Does SQZ stock generate passive income?

No, Sqz Biotechnologies Co doesn't provide an income stream by paying out dividends.

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Step 5: Execute your SQZ buy order

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 is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

Click the Open Trade button and eToro will place the order.

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Step 6: Monitor your SQZ investment

Now that you own some SQZ stock, you'll want to keep up with your new stock purchase.

Start a watchlist to keep tabs on your SQZ stock.

SQZ Feed

How to Buy Stock in Sqz Biotechnologies Co

To summarize, here are the 6 steps to buy stock in Sqz Biotechnologies Co:

  1. Figure out where to buy Sqz Biotechnologies Co stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Sqz Biotechnologies Co stock
  5. Execute your SQZ buy order
  6. Monitor your SQZ investment

If you require a online brokerage, eToro is our recommended venue.

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If you want to keep tabs on your new investment in Sqz Biotechnologies Co, click below.

NYSE: SQZ
$0.54-0.01 (-1.1%)
Updated Jun 9, 2023
Open eToro Account
NYSE: SQZ
$0.54-0.01 (-1.1%)
Updated Jun 9, 2023
Open eToro Account

FAQ

How much does it cost to buy one Sqz Biotechnologies Co share?

As of Jun 9, 2023, it costs $0.54 to buy one share of Sqz Biotechnologies Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.27, you can buy 0.5 shares of SQZ.

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What is the best way to buy Sqz Biotechnologies Co stock?

One way to place an order for Sqz Biotechnologies Co 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.