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How to Buy Taysha Gene Therapies Stock

Taysha Gene Therapies Inc

Taysha Gene Therapies, Inc. , a gene therapy company, focuses on developing and commercializing adeno-associated virus-based gene therapies for the treatment of monogenic diseases of the central nervous system.

Taysha Gene Therapies stock last closed at $3.17, up 3.59% from the previous day, and has increased 356.12% in one year. It has overperformed other stocks in the Biotechnology industry by 3.62 percentage points. Taysha Gene Therapies stock is currently +534% from its 52-week low of $0.50, and -18.51% from its 52-week high of $3.89.

As of Mar 27, 2024, there are 187.02M shares of TSHA outstanding. The market capitalization of TSHA is $592.85M. In the last 24 hours, 2.5M TSHA shares were traded.

How to Buy Taysha Gene Therapies Stock

Not sure how to invest in Taysha Gene Therapies stock? Here's how.
  1. Choose where to buy Taysha Gene Therapies stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Taysha Gene Therapies stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Pick your payment method and add your information.
  4. Analyze Taysha Gene Therapies stock: The Taysha Gene Therapies ticker symbol is TSHA. Is Taysha Gene Therapies stock a good investment? Should you buy shares of TSHA? How do TSHA's underlying business fundamentals look? Do top analysts think Taysha Gene Therapies is a good buy? Why has TSHA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if TSHA is a good stock to buy).
  5. Make your TSHA purchase: Decide if you will purchase TSHA shares at the current market price or use a limit order to purchase TSHA shares at a specific price.
  6. Keep an eye on your TSHA investment: Create a watchlist to keep tabs on your investment in Taysha Gene Therapies shares.

Step 1: Choose where to buy Taysha Gene Therapies stock

You need an online brokerage account to access the NASDAQ market and buy TSHA stock.

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to buy TSHA stock today.

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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on the stock trading app, your next step is to transfer the money for your investment:

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Step 4: Analyze Taysha Gene Therapies stock

Once you have selected the best place to buy Taysha Gene Therapies stock, it's critical to analyze their stock before you invest, so you can understand the risk as well as the upside.

Overview of key TSHA info

TSHA Price
$3.17
1w %
7.09%
1y %
356.12%
5y %
N/A
P/E
-3.3x
P/B
7.91x
P/S
23.83x
PEG
N/A
Revenue
$15.45M
Earnings
-$111.57M
Fore. Rev. Growth
135.35%
Fore. Earn. Growth
N/A
Market Cap
$592.85M
Next Earnings
May 9, 2024
Next Dividend
N/A

TSHA Fundamentals

WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.

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

Is TSHA stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge TSHA's intrinsic value.

Using relative valuations ratios:

  • TSHA could be overvalued based on its P/B ratio of 7.91x, relative to Biotechnology industry P/B ratio of 6.2x

You can access additional valuation analysis on TSHA's stock here.

TSHA Financial Summary

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the TSHA balance sheet.
  • TSHA has cash burn of 76887000. It has sufficient 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 TSHA balance sheet.

Failed Health Checks:

  • TSHA profit margin has gone up by 59.13 percentage points in the past year, but the company is still unprofitable.
  • TSHA has a relatively high debt to equity ratio of 1.31.
  • TSHA has $146.54M in cash and short term investments. This is not sufficient to cover its annual cash burn of $76.89M.

Is Taysha Gene Therapies stock a Buy, Hold, or Sell, according to analysts?

Out of 5 sell side analysts who give recommendations on TSHA, the consensus analyst rating on TSHA is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Taysha Gene Therapies stock forecast page.

TSHA Trading Indicators

SMA10
2.74
SMA20
2.71
SMA50
2.14
SMA100
1.95
SMA200
1.89
MACD
0.24
MACD Signal
0.19
MACD Histogram
0.05
RSI
64.69
Stochastic %K
75.67
Stochastic %D
77.29
StochRSI %K
78.86
StochRSI %D
82.94

Is TSHA Growing Revenue?

Last year, TSHA revenue was $15.45M. In the past 1 years, TSHA's revenue has gone up by 517.55% per year. This was faster than the Biotechnology industry average of 29.77%.

Dig into TSHA's earnings and revenue performance here.

Latest Insiders Trades at TSHA

Over the last 12 months, insiders at TSHA have bought more shares than they have sold.

Kamran Alam, CHIEF FINANCIAL OFFICER of TSHA, was the latest TSHA insider to sell. They sold $1,944.88 worth of TSHA shares on Feb 2, 2024.

Get more info about who owns TSHA stock here.

Does TSHA stock generate passive income?

No, Taysha Gene Therapies doesn't provide an income stream by paying out dividends.

TSHA Social Trading Data

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Step 5: Make your TSHA purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain 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.

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Step 6: Keep an eye on your TSHA investment

Now that you own some shares in TSHA, you'll want to keep up with your company.

Put TSHA on a watchlist to track the most important metrics related to your TSHA stock.

TSHA Feed

How to Buy Stock in Taysha Gene Therapies

To summarize, here are the 6 steps for buying Taysha Gene Therapies stock:

  1. Choose where to buy Taysha Gene Therapies stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Taysha Gene Therapies stock
  5. Make your TSHA purchase
  6. Keep an eye on your TSHA investment

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If you would like to get the latest news on your new investment in Taysha Gene Therapies, create your watchlist below.

NASDAQ: TSHA
$3.17+0.11 (+3.59%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: TSHA
$3.17+0.11 (+3.59%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Taysha Gene Therapies share?

As of Mar 27, 2024, it costs $3.17 to buy one share of Taysha Gene Therapies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.315 shares of TSHA.

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 Taysha Gene Therapies stock?

According to 5 Wall Street analysts who monitor Taysha Gene Therapies, their consensus recommendation is to buy Taysha Gene Therapies stock.

What is the best way to buy Taysha Gene Therapies stock?

One way to place an order for Taysha Gene Therapies 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.