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How to Buy Synlogic Stock

Synlogic Inc

Synlogic, Inc. , a clinical-stage biopharmaceutical company, engages in the discovery and development of synthetic biotic medicines to treat metabolic and immunological diseases in the United States.

Synlogic stock last closed at $1.78, up 0% from the previous day, and has decreased 79.58% in one year. It has underperformed other stocks in the Biotechnology industry by 0.74 percentage points. Synlogic stock is currently +14.84% from its 52-week low of $1.55, and -83.27% from its 52-week high of $10.64.

As of Mar 27, 2024, there are 11.65M shares of SYBX outstanding. The market capitalization of SYBX is $20.73M. In the last 24 hours, 3110 SYBX shares were traded.

How to Buy Synlogic Stock

Wondering how to invest in Synlogic stock? Here's how.
  1. Figure out where to buy Synlogic stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Synlogic stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your payment method and add your information.
  4. Analyze Synlogic stock: The Synlogic ticker symbol is SYBX. Is Synlogic stock a good investment? Should you buy shares of SYBX? How do SYBX's underlying business fundamentals look? Do top analysts think Synlogic is a good buy? Why has SYBX's stock price moved recently? (Hint: Our stock market research tools can help you decide if SYBX is a good stock to buy).
  5. Execute your SYBX trade: Decide if you will purchase SYBX shares at the current market price or use a limit order to buy SYBX stock at a particular price.
  6. Get the latest scoop on your SYBX position: Create a watchlist to watch your position in Synlogic stock.

Step 1: Figure out where to buy Synlogic stock

You need a brokerage account in order to access the NASDAQ market and buy SYBX shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can buy SYBX today.

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Step 3: Deposit money your investment account

Now that you have created your account on the best stock market app for beginners, you need to deposit funds:

Watch the video below to see the process of depositing money into your new brokerage account.

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Step 4: Analyze Synlogic stock

After you have decided on the best place to buy Synlogic stock, it's important to analyze their stock before you buy, so you can understand the risk as well as the upside.

Synlogic quick stats

SYBX Price
$1.78
1w %
2.89%
1y %
-79.58%
5y %
-98.43%
P/E
-0.2x
P/B
0.49x
P/S
3.44x
PEG
N/A
Revenue
$3.37M
Earnings
-$57.28M
Fore. Rev. Growth
86.35%
Fore. Earn. Growth
N/A
Market Cap
$20.73M
Next Earnings
May 9, 2024
Next Dividend
N/A

Synlogic Fundamentals

WallStreetZen was built to help average investors perform more accurate fundamental analysis quickly.

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

Is SYBX stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge SYBX's fair value.

Using relative valuations metrics:

  • SYBX could be undervalued based on its P/B ratio of 0.49x, relative to Biotechnology industry P/B ratio of 6.2x

You can access more valuation analysis on SYBX's stock here.

SYBX Financial Health Summary

Positive Health Checks:

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

Negative Health Checks:

  • Total SYBX debt is higher than 5 years ago, relative to shareholder equity.
  • SYBX profit margin has gone up by 39.06 percentage points in the past year, but the company is still unprofitable.
  • SYBX has cash burn of 51812000. It does not have sufficient cash and short-term investments to cover this.
  • SYBX has a relatively high debt to equity ratio of 0.77.
  • SYBX has $48.84M in cash and short term investments. This is not enough to cover its annual cash burn of $51.81M.

Is SYBX stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Wall Street analysts who give forecasts on SYBX, the consensus analyst rating on SYBX is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Synlogic stock forecast page.

SYBX Technicals

SMA10
1.79
SMA20
1.82
SMA50
2.34
SMA100
2.64
SMA200
4.26
MACD
-0.14
MACD Signal
-0.18
MACD Histogram
0.04
RSI
38.43
Stochastic %K
25.49
Stochastic %D
25.82
StochRSI %K
74.3
StochRSI %D
74.42

SYBX Revenue

Last year, SYBX revenue was $3.37M. In the last 5 year, SYBX's revenue has increased by 5.99% per year. This was slower than the Biotechnology industry average of 29.77%.

Learn more about SYBX's earnings and revenue performance here.

Who is buying/selling SYBX?

In the past 12 months, insiders at SYBX have sold more shares than they have bought.

Antoine Awad, Chief Operating Officer of SYBX, was the latest SYBX insider to sell. They sold $3,708.29 worth of SYBX stock on Apr 3, 2023.

Learn more about who owns SYBX stock here.

Can I get consistent income from SYBX stock?

No, Synlogic doesn't provide an income stream by paying out dividends.

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Step 5: Execute your SYBX 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 price on the market.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get the latest scoop on your SYBX position

Now that you own some shares in SYBX, you'll want to stay up-to-date on your company.

Make a watchlist to track the most important metrics related to your SYBX stock.

SYBX Feed

How to Buy Stock in Synlogic

To summarize, here are the 6 steps you need to take to buy Synlogic stock right now:

  1. Figure out where to buy Synlogic stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Analyze Synlogic stock
  5. Execute your SYBX trade
  6. Get the latest scoop on your SYBX position

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If you would like to keep track of your investment in Synlogic, click below.

NASDAQ: SYBX
$1.78+0.00 (+0%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: SYBX
$1.78+0.00 (+0%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Synlogic share?

As of Mar 27, 2024, it costs $1.78 to buy one share of Synlogic stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.89, you can buy 0.5 shares of SYBX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Synlogic stock?

According to 2 Wall Street analysts who monitor Synlogic, their consensus recommendation is to buy Synlogic stock.

What is the best way to buy Synlogic stock?

One way to place an order for Synlogic 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.