How to Buy Engene Holdings Stock
Engene Holdings Inc
enGene Holdings Inc. , through its subsidiary enGene, Inc. , operates as a clinical-stage biotechnology company that develops genetic medicines through the delivery of therapeutics to mucosal tissues and other organs.
Engene Holdings stock last closed at $3.99, down 0.25% from the previous day, and has decreased 73.04% in one year. It has overperformed other stocks in the Biotechnology industry by 0.05 percentage points. Engene Holdings stock is currently +14% from its 52-week low of $3.50, and -75.99% from its 52-week high of $16.62.
There are currently 50.98M shares of ENGN outstanding. The market capitalization of ENGN is $203.40M. In the last 24 hours, 15,765 ENGN shares were traded.
How to Buy Engene Holdings Stock
Wondering how to invest in Engene Holdings stock? Here's how.
- Choose where to buy Engene Holdings stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Engene Holdings stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your info.
- Research Engene Holdings stock: The Engene Holdings ticker symbol is ENGN. Is Engene Holdings stock a good investment? Should you buy shares of ENGN? How do ENGN's underlying business fundamentals look? Do top analysts think Engene Holdings is a good buy? Why has ENGN's stock price moved recently? (Hint: Our stock research website can help you understand if ENGN is a good stock to buy).
- Make your ENGN purchase: Decide if you will purchase ENGN shares at the current market price or use a limit order to buy ENGN shares at a given price.
- Watch your ENGN investment: Create a watchlist to the latest updates on your new investment in Engene Holdings stock.
Step 1: Choose where to buy Engene Holdings stock
You need a brokerage account in order to access the NASDAQ market and buy ENGN shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to invest in ENGN stock today.
How to Start a New Brokerage 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.
- Provide your personal data to create a new brokerage account.
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Step 3: Put funds into your investment account
Now that you've opened your account on the best stock buying app, you need to deposit funds:
Check out the walkthrough below if you need help depositing money into your investment account.
Step 4: Research Engene Holdings stock
After you have identified the best place to buy Engene Holdings stock, it's crucial to analyze their stock prior to buying, so you actually understand the risk as well as the upside.
Engene Holdings shares quick numbers
Fundamentals of ENGN
WallStreetZen was designed to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on ENGN's stock page.
Is ENGN stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ENGN's intrinsic value.
Using relative valuations methods:
- ENGN may be undervalued based on its P/B ratio of 0.81x, relative to Biotechnology industry P/B ratio of 4.04x
You can access more valuation research on ENGN's stock here.
ENGN Financial Health Overview
Positive Health Checks:
- ENGN has a low debt to equity ratio of 0.14.
- ENGN has cash burn of 67325000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ENGN balance sheet.
- There are more short-term assets than long-term liabilities on the ENGN balance sheet.
- ENGN has $213.89M in cash and short term investments. This is enough to cover its annual cash burn of $67.33M.
Do Wall Street analysts think it's a good time to buy ENGN stock
Out of 6 Wall Street analysts who monitor ENGN, the consensus analyst rating on Engene Holdings is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent ENGN Analyst Forecasts
Sean McCutcheon, a bottom 19% analyst from Raymond James initiates coverage on ENGN with a buy rating and announces their ENGN price target of $23.00, on Nov 27, 2024.
You can dig deeper into what analysts are saying on the Engene Holdings stock forecast page.
ENGN Technical Indicators
Who is buying/selling ENGN?
Over the past year, insiders at ENGN have bought more shares than they have sold.
Forbion Growth Opportunities Fund I Cooperatief Ua, 10% Owner of ENGN, was the latest ENGN insider to buy. They bought $4,999,993.30 worth of ENGN shares on Oct 30, 2024.
Get more info about who owns ENGN stock here.
Does ENGN provide a stable income stream?
No, Engene Holdings doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your ENGN purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, use a limit order.
Hit the Open button and your broker will place your order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Watch your ENGN investment
Now that you own some shares in ENGN, you'll want to stay up-to-date on your investment.
Put ENGN on a watchlist to track the latest developments regarding your ENGN stock.
ENGN Feed
How to Buy Stock in Engene Holdings
To reiterate, here are the 6 steps to buy Engene Holdings stock:
- Choose where to buy Engene Holdings stock
- Create a brokerage account
- Put funds into your investment account
- Research Engene Holdings stock
- Make your ENGN purchase
- Watch your ENGN investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Engene Holdings, get started below.
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