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How to Buy Alimera Sciences Stock

Alimera Sciences Inc

Alimera Sciences, Inc. , a pharmaceutical company, engages in the development and commercialization of ophthalmic pharmaceuticals in the United States and internationally.

Alimera Sciences stock last closed at $5.56, down 0.36% from the previous day, and has increased 57.06% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.57 percentage points. Alimera Sciences stock is currently +113.35% from its 52-week low of $2.61, and -1.59% from its 52-week high of $5.65.

As of Jul 17, 2024, there are 52.39M shares of ALIM outstanding. The market value of ALIM is $291.28M. In the past 24 hours, 88,313 ALIM shares were traded.

How to Buy Alimera Sciences Stock

Wondering how to invest in Alimera Sciences stock? Here's how.
  1. Choose where to buy Alimera Sciences stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Alimera Sciences stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your payment method and add your information.
  4. Evaluate Alimera Sciences stock: The Alimera Sciences ticker symbol is ALIM. Is Alimera Sciences stock a good investment? Should you buy shares of ALIM? How do ALIM's underlying business fundamentals look? Do top analysts think Alimera Sciences is a good buy? Why has ALIM's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if ALIM is a good stock to buy).
  5. Execute your ALIM buy order: Decide if you will purchase ALIM shares at the current market price or use a limit order to purchase ALIM shares at a specific price.
  6. Get the latest scoop on your ALIM investment: Create a watchlist to get live updates on your position in Alimera Sciences shares.

Step 1: Choose where to buy Alimera Sciences stock

You will need an online brokerage account to access the NASDAQ market and buy ALIM shares.

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

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can buy ALIM stock today.

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Step 3: Deposit money your brokerage account

Now that you have finished signing up on one of the most highly reviewed stock apps, you can securely and quickly fund your account:

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Step 4: Evaluate Alimera Sciences stock

After you have selected the best place to buy Alimera Sciences stock, it's important to analyze their stock prior to buying, so you truly understand the risk as well as the upside.

Alimera Sciences Numbers

ALIM Price
$5.56
1w %
0%
1y %
57.06%
5y %
-56.77%
P/E
-4.52x
P/B
7.17x
P/S
3.35x
PEG
N/A
Revenue
$90.22M
Earnings
-$22.66M
Fore. Rev. Growth
16.57%
Fore. Earn. Growth
N/A
Market Cap
$291.28M
Next Earnings
Aug 8, 2024
Next Dividend
N/A

Alimera Sciences Overview

WallStreetZen was designed to help average investors do better fundamental analysis.

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

Is ALIM stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge ALIM's true value.

Using relative valuations methods:

  • ALIM may be overvalued based on its P/B ratio of 7.17x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.28x

You can do more valuation analysis on ALIM's stock here.

ALIM Financial Overview

Signs that ALIM is financially healthy:

  • Total ALIM debt is lower than 5 years ago, relative to shareholder equity.
  • ALIM has cash burn of 12890000. 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 ALIM balance sheet.

Signs that ALIM is not financially healthy:

  • ALIM has a relatively high debt to equity ratio of 2.75.
  • ALIM profit margin has gone up by 0.06 percentage points in the past year, but the company is still unprofitable.
  • There are more long-term liabilities than short-term assets on the ALIM balance sheet.
  • ALIM has $14.35M in cash and short term investments. This is not enough to cover its annual cash burn of $12.89M.

Do analysts think it's a good time to buy ALIM stock

Out of 2 Equities analysts who give recommendations on ALIM, the consensus analyst rating on ALIM is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Alimera Sciences stock forecast page.

ALIM Technicals

SMA10
5.56
SMA20
5.18
SMA50
3.98
SMA100
3.86
SMA200
3.69
MACD
0.51
MACD Signal
0.55
MACD Histogram
-0.04
RSI
79.33
Stochastic %K
49.7
Stochastic %D
58.75
StochRSI %K
2.8
StochRSI %D
20.3

How is ALIM performing as a company?

Last year, ALIM revenue was $90.22M. Over the past 5 year, ALIM's revenue has grown by 12.59% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 20.19%.

You can research ALIM's earnings and revenue performance here.

Latest Insiders Trades at ALIM

In the past year, executives and large shareholders at ALIM have bought more shares than they have sold.

Philip Ashman, President of Intl Operations of ALIM, was the latest ALIM insider to sell. They sold $46,354.49 worth of ALIM shares on Mar 26, 2024.

Learn more about who owns ALIM stock here.

Does ALIM provide a stable income stream?

No, Alimera Sciences doesn't provide an income stream by paying out dividends.

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Step 5: Execute your ALIM buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order enables 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 specific price limit, place a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Get the latest scoop on your ALIM investment

Now that you own some shares in ALIM, you'll want to keep up with your new stock purchase.

Start a watchlist to track the most important metrics related to your ALIM stock.

ALIM Feed

How to Buy Stock in Alimera Sciences

To reiterate, here are the 6 steps you need to take to buy Alimera Sciences stock right now:

  1. Choose where to buy Alimera Sciences stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Alimera Sciences stock
  5. Execute your ALIM buy order
  6. Get the latest scoop on your ALIM investment

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If you would like to keep tabs on your investment in Alimera Sciences, click below.

NASDAQ: ALIM
$5.56-0.02 (-0.36%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: ALIM
$5.56-0.02 (-0.36%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Alimera Sciences share?

As of Jul 17, 2024, it costs $5.56 to buy one share of Alimera Sciences stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.36 shares of ALIM.

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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 Alimera Sciences stock?

According to 2 Wall Street analysts who monitor Alimera Sciences, their consensus recommendation is to buy Alimera Sciences stock.

What is the best way to buy Alimera Sciences stock?

One way to place an order for Alimera Sciences 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.