How to Buy Zai Lab Stock
Zai Lab Ltd
Zai Lab Limited develops and commercializes therapies to treat oncology, autoimmune disorders, infectious diseases, and neuroscience primarily in Mainland China and Hong Kong.
Zai Lab stock last closed at $16.59, up 4.34% from the previous day, and has decreased 49.03% in one year. It has underperformed other stocks in the Biotechnology industry by 0.31 percentage points. Zai Lab stock is currently +23.07% from its 52-week low of $13.48, and -58% from its 52-week high of $39.50.
As of May 2, 2024, there are 992.09M ZLAB shares outstanding. The market cap of ZLAB is $1.65B. In the past 24 hours, 1.15M ZLAB shares were traded.
How to Buy Zai Lab Stock
Wondering how to invest in Zai Lab stock? Here's how.
- Choose where to buy Zai Lab stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Zai Lab stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your information.
- Research Zai Lab stock: The Zai Lab ticker symbol is ZLAB. Is Zai Lab stock a good investment? Should you buy shares of ZLAB? How do ZLAB's underlying business fundamentals look? Do top analysts think Zai Lab is a good buy? Why has ZLAB's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if ZLAB is a good stock to buy).
- Execute your ZLAB purchase: Decide if you will purchase ZLAB shares at the current market price or use a limit order to purchase ZLAB shares at a specific price.
- Get key alerts regarding your ZLAB position: Create a watchlist to key updates about your investment in Zai Lab shares.
Step 1: Choose where to buy Zai Lab stock
You need an online brokerage account in order to access the NASDAQ market and buy ZLAB stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to buy ZLAB today.
How to Set Up 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 open a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the best app for stock investing, you need to deposit funds:
Watch this video walkthrough to see the process of depositing money into your new investment account.
Step 4: Research Zai Lab stock
Once you have decided on the best place to buy Zai Lab stock, it's absolutely critical to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
Overview of key ZLAB info
Fundamentals of Zai Lab
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ZLAB's stock page.
Is ZLAB stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ZLAB's true value.
Using relative valuations methods:
- ZLAB could be undervalued based on its P/B ratio of 2.07x, relative to Biotechnology industry P/B ratio of 5.99x
You can access more valuation research on ZLAB's stock here.
ZLAB Financial Health
Pros:
- There are more short-term assets than long-term liabilities on the ZLAB balance sheet.
- There are more short-term assets than short-term liabilities on the ZLAB balance sheet.
- ZLAB has cash burn of 191375000. It has enough cash and short-term investments to cover this for at least one year.
- ZLAB has a low debt to equity ratio of 0.3.
- ZLAB has $812.59M in cash and short term investments. This is enough to cover its annual cash burn of $191.38M.
Cons:
- Total ZLAB debt is higher than 5 years ago, relative to shareholder equity.
- ZLAB profit margin has gone up by 0.81 percentage points in the past year, but the company is still unprofitable.
Is ZLAB stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who track ZLAB, the consensus analyst rating on ZLAB is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Zai Lab stock forecast page.
ZLAB Technical Indicators
ZLAB Revenue
Last year, ZLAB revenue was $266.72M. In the last 5 year, ZLAB's revenue has gone up by 360.35% per year. This was faster than the Biotechnology industry average of 29.57%.
Dig into ZLAB's earnings and revenue performance here.
Who is buying/selling ZLAB?
Over the last 12 months, insiders at ZLAB have bought more shares than they have sold.
Rafael Amado, President Head of Global Oncology Research and Development of ZLAB, was the latest ZLAB insider to sell. They sold $30,593.70 worth of ZLAB stock on Apr 4, 2024.
Dig into more about who owns ZLAB shares here.
Does ZLAB stock generate passive income?
No, Zai Lab doesn't provide an income stream by paying out dividends.
What do other traders have to say about ZLAB?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your ZLAB purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order 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, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your ZLAB position
Now that you own some ZLAB stock, you'll want to stay up-to-date on your company.
Add ZLAB to a watchlist to get alerted to the latest events about your ZLAB stock.
ZLAB Feed
How to Buy Stock in Zai Lab
To reiterate, here are the 6 steps for buying Zai Lab stock:
- Choose where to buy Zai Lab stock
- Open your brokerage account
- Fund your investment account
- Research Zai Lab stock
- Execute your ZLAB purchase
- Get key alerts regarding your ZLAB position
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Zai Lab, add ZLAB to your watchlist by clicking the button below.
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