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 $0.61, up 1.67% from the previous day, and has decreased 46.96% in one year. It has overperformed other stocks in the Biotechnology industry by 0.31 percentage points. Unicycive Therapeutics stock is currently +201.98% from its 52-week low of $0.20, and -52.68% from its 52-week high of $1.29.
At the moment, there are 119.71M UNCY shares outstanding. The market cap of UNCY is $73.02M. In the last 24 hours, 822,381 UNCY shares were traded.
How to Buy Unicycive Therapeutics Stock
Not sure how to invest in Unicycive Therapeutics stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
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Open eToro AccountStep 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.
How to Create a New 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 info to create your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
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.
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 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.
Using relative valuations methods:
- UNCY may be overvalued based on its P/B ratio of 9.83x, relative to Biotechnology industry P/B ratio of 4.04x
You can do additional valuation research on UNCY's stock here.
UNCY Financial Health
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the UNCY balance sheet.
- There are more short-term assets than long-term liabilities on the UNCY balance sheet.
- Total UNCY debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- UNCY has cash burn of 28647000. It does not have enough cash and short-term investments to cover this.
- UNCY has a relatively high debt to equity ratio of 3.26.
- UNCY has $26.14M in cash and short term investments. This is not sufficient to cover its annual cash burn of $28.65M.
Do Wall Street analysts think it's a good time to buy Unicycive Therapeutics stock
Out of 3 Wall Street analysts who track UNCY, the consensus analyst rating on Unicycive Therapeutics is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Unicycive Therapeutics stock forecast page.
UNCY Technicals
Are UNCY insiders buying or selling the stock?
Over the past 12 months, insiders at UNCY have not bought or sold any shares.
Get more info about who owns UNCY stock here.
Does UNCY provide a stable income stream?
No, Unicycive Therapeutics doesn't provide an income stream by paying out dividends.
UNCY Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your UNCY purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available 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 specific dollar amount, place a limit order.
Click the Open button and your broker will execute the order.
If you want additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in UNCY
Now that you own some shares in UNCY, you'll want to stay up-to-date on your new investment.
Create a watchlist to get notified of important updates regarding your UNCY stock.
UNCY Feed
How to Buy Stock in Unicycive Therapeutics
To summarize, here are the 6 steps to buy stock in Unicycive Therapeutics:
- Decide where to buy Unicycive Therapeutics stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Unicycive Therapeutics stock
- Execute your UNCY purchase
- Get the latest news on your investment in UNCY
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Unicycive Therapeutics, click the button below.
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