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How to Buy Unicycive Therapeutics Stock

Unicycive Therapeutics Inc

Unicycive Therapeutics, Inc. , a biotechnology company, engages in developing novel therapies for kidney diseases in the United States.

Unicycive Therapeutics stock last closed at $1.07, down 1.83% from the previous day, and has decreased 37.06% in one year. It has underperformed other stocks in the Biotechnology industry by 0.12 percentage points. Unicycive Therapeutics stock is currently +127.66% from its 52-week low of $0.47, and -41.31% from its 52-week high of $1.82.

At the moment, there are 34.76M UNCY shares outstanding. The market cap of UNCY is $37.19M. In the last 24 hours, 226,754 UNCY shares were traded.

How to Buy Unicycive Therapeutics Stock

Not sure how to invest in Unicycive Therapeutics stock? Here's how.
  1. Decide where to buy Unicycive Therapeutics 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 Unicycive Therapeutics stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. Analyze Unicycive Therapeutics stock: The Unicycive Therapeutics ticker symbol is UNCY. Is Unicycive Therapeutics stock a good investment? Should you buy shares of UNCY? How do UNCY's underlying business fundamentals look? Do top analysts think Unicycive Therapeutics is a good buy? Why has UNCY's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if UNCY is a good stock to buy).
  5. Execute your UNCY purchase: Decide if you will purchase UNCY shares at the current market price or use a limit order to purchase UNCY stock at a given price.
  6. Get the latest news on your investment in UNCY: Create a watchlist to track your position in Unicycive Therapeutics stock.

Step 1: Decide where to buy Unicycive Therapeutics stock

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

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

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Step 2: Create a brokerage account

Now that you've selected your brokerage, you need to fill out some personal details so you are able to invest in UNCY today.

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  2. Input your personal info to create your new brokerage account.
  1. Submit your application by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have finished signing up on our top ranked stock market app, you can securely and quickly fund your account:

Check out the tutorial below if you need help transferring funds into your investment account.

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Step 4: Analyze Unicycive Therapeutics stock

After you have identified the best place to buy Unicycive Therapeutics stock, it's critical to analyze their stock prior to buying, so you can comprehend the risk as well as the upside.

Unicycive Therapeutics shares quick numbers

UNCY Price
$1.07
1w %
-12.3%
1y %
-37.06%
5y %
N/A
P/E
-0.84x
P/B
-9.76x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$31.41M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$37.19M
Next Earnings
May 9, 2024
Next Dividend
N/A

UNCY Fundamentals

WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on UNCY's stock page.

Is UNCY stock properly valued?

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

You can do more valuation research on UNCY's stock here.

UNCY Financial Summary

Passed Financial Due Diligence Checks:

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

Failed Financial Due Diligence Checks:

  • Total UNCY debt is still negative.
  • There are more short-term liabilities than short-term assets on the UNCY balance sheet.
  • UNCY has cash burn of 18295000. It does not have enough cash and short-term investments to cover this.
  • UNCY debt to equity ratio of -4.73 is negative.
  • UNCY has $9.70M in cash and short term investments. This is not sufficient to cover its annual cash burn of $18.30M.

Is UNCY stock a Buy, Hold, or Sell, according to analysts?

Out of 4 Equities analysts who give ratings on UNCY, the consensus analyst rating on UNCY is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Unicycive Therapeutics stock forecast page.

UNCY Momentum

SMA10
0.09
SMA20
0.12
SMA50
0.1
SMA100
0.1
SMA200
0.2
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
-0.01
RSI
39.97
Stochastic %K
15.33
Stochastic %D
21.61
StochRSI %K
5.63
StochRSI %D
1.88

What are UNCY insiders up to?

Over the past year, insiders at UNCY have not bought or sold any shares.

Learn more about who owns UNCY shares here.

Can I rely on UNCY as an income stream?

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

What do other traders have to say about UNCY?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your UNCY purchase

You have two primary types of orders:

  • 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.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, use a limit order.

Hit the Open button and your broker will place your order.

If you need additional info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest news on your investment in UNCY

Now that you own some UNCY shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to keep tabs on your UNCY stock.

UNCY Feed

How to Buy Stock in Unicycive Therapeutics

To reiterate, here are the 6 steps to buy stock in Unicycive Therapeutics:

  1. Decide where to buy Unicycive Therapeutics stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Unicycive Therapeutics stock
  5. Execute your UNCY purchase
  6. Get the latest news on your investment in UNCY

If you require a place to buy stocks, eToro is our recommended option.

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.

If you would like to keep an eye on your new investment in Unicycive Therapeutics, create your watchlist below.

NASDAQ: UNCY
$1.07-0.02 (-1.83%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: UNCY
$1.07-0.02 (-1.83%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Unicycive Therapeutics share?

As of Apr 19, 2024, it costs $1.07 to buy one share of Unicycive Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.54, you can buy 0.5 shares of UNCY.

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 Unicycive Therapeutics stock?

According to 4 Wall Street analysts who monitor Unicycive Therapeutics, their consensus recommendation is to buy Unicycive Therapeutics stock.

What is the best way to buy Unicycive Therapeutics stock?

One way to place an order for Unicycive Therapeutics 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.