How to Buy Unity Biotechnology Stock
Unity Biotechnology Inc
Unity Biotechnology, Inc. , a biotechnology company, engages in the research and development of therapeutics to slow, halt, or reverse diseases of aging.
Unity Biotechnology stock last closed at $1.48, up 0.68% from the previous day, and has decreased 27.45% in one year. It has underperformed other stocks in the Biotechnology industry by 0.04 percentage points. Unity Biotechnology stock is currently +1.37% from its 52-week low of $1.46, and -61.26% from its 52-week high of $3.82.
As of Apr 25, 2024, there are 16.79M UBX shares outstanding. The market cap of UBX is $24.84M. In the last 24 hours, 16,451 UBX shares were traded.
How to Buy Unity Biotechnology Stock
Not sure how to invest in Unity Biotechnology stock? Here's how.
- Choose where to buy Unity Biotechnology stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Unity Biotechnology stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your details.
- Evaluate Unity Biotechnology stock: The Unity Biotechnology ticker symbol is UBX. Is Unity Biotechnology stock a good investment? Should you buy shares of UBX? How do UBX's underlying business fundamentals look? Do top analysts think Unity Biotechnology is a good buy? Why has UBX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if UBX is a good stock to buy).
- Make your UBX buy order: Decide if you will purchase UBX shares at the current market price or use a limit order to buy UBX shares at a given price.
- Watch your UBX position: Create a watchlist to keep tabs on your investment in Unity Biotechnology stock.
Step 1: Choose where to buy Unity Biotechnology stock
You need a brokerage account in order to access the NASDAQ market and buy UBX shares.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to buy UBX today.
How to Start a New Investment 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.
- Input your personal details to start your new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on the highest rated stock app, you need to deposit funds:
Check out this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Evaluate Unity Biotechnology stock
After you have identified the best place to buy Unity Biotechnology stock, it's absolutely critical to analyze their stock before you invest, so you truly comprehend the risk and opportunity.
Unity Biotechnology Metrics
UBX Fundamentals
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can view all of the due diligence checks on UBX's stock page.
Is UBX stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge UBX's intrinsic value.
Using relative valuations methods:
- UBX could be undervalued based on its P/B ratio of 0.87x, relative to Biotechnology industry P/B ratio of 5.8x
You can access more valuation research on UBX's stock here.
A quick look at UBX Financials
Passed Financial Due Diligence Checks:
- UBX has $43.20M in cash and short term investments. This is enough to cover its annual cash burn of $36.98M.
- There are more short-term assets than long-term liabilities on the UBX balance sheet.
- There are more short-term assets than short-term liabilities on the UBX balance sheet.
- UBX has cash burn of 36984000. It has enough cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- Total UBX debt is higher than 5 years ago, relative to shareholder equity.
- UBX has a relatively high debt to equity ratio of 1.31.
Is it a good time to buy Unity Biotechnology stock, according to Wall Street analysts?
Out of 2 Equities analysts who give recommendations on UBX, the consensus analyst rating on Unity Biotechnology is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Unity Biotechnology stock forecast page.
UBX Trading Indicators
How are UBX Revenues/Earnings doing?
Last year, UBX revenue was $0.00. During the last two year, UBX's revenue has increased by -100% per year. This was slower than the Biotechnology industry average of 28.62%.
Find out more about UBX's earnings and revenue performance here.
Who is buying/selling UBX?
Over the past year, executives and large shareholders at UBX have sold more shares than they have bought.
Anirvan Ghosh, Chief Executive Officer of UBX, was the latest UBX insider to sell. They sold $1,162.80 worth of UBX shares on Feb 2, 2024.
Learn more about who owns UBX shares here.
Can I rely on UBX as an income stream?
No, Unity Biotechnology doesn't provide an income stream by paying out dividends.
What do other traders have to say about UBX?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your UBX 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 available price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Watch your UBX position
Now that you own some shares in UBX, you'll want to stay up-to-date on your new investment.
Put UBX on a watchlist to see the latest developments about your UBX stock.
UBX Feed
How to Buy Stock in Unity Biotechnology
To reiterate, here are the 6 steps to buy stock in Unity Biotechnology:
- Choose where to buy Unity Biotechnology stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Unity Biotechnology stock
- Make your UBX buy order
- Watch your UBX position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Unity Biotechnology, create a watchlist on WallStreetZen today.
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