How to Buy Allovir Stock
Allovir Inc
Allovir, Inc. , a clinical-stage cell therapy company, engages in the research and development of allogeneic, off-the-shelf multi-virus specific T cell (VST) therapies to prevent and treat devastating viral-associated diseases.
Allovir stock last closed at $0.80, up 2.56% from the previous day, and has decreased 77.01% in one year. It has underperformed other stocks in the Biotechnology industry by 0.53 percentage points. Allovir stock is currently +28.41% from its 52-week low of $0.62, and -86.93% from its 52-week high of $6.12.
As of Apr 25, 2024, there are 114.87M shares of ALVR outstanding. The market cap of ALVR is $91.90M. In the past 24 hours, 566,527 ALVR shares were traded.
How to Buy Allovir Stock
Not sure how to invest in Allovir stock? Here's how.
- Choose where to buy Allovir stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Allovir stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your info.
- Analyze Allovir stock: The Allovir ticker symbol is ALVR. Is Allovir stock a good investment? Should you buy shares of ALVR? How do ALVR's underlying business fundamentals look? Do top analysts think Allovir is a good buy? Why has ALVR's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ALVR is a good stock to buy).
- Execute your ALVR trade: Decide if you will purchase ALVR shares at the current market price or use a limit order to buy ALVR stock at a particular price.
- Keep tabs on your ALVR position: Create a watchlist to watch your new investment in Allovir shares.
Step 1: Choose where to buy Allovir stock
You will need a brokerage account in order to access the NASDAQ market and buy ALVR shares.
Our favorite brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
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- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can buy ALVR stock today.
How to Create 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 application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on apps for stocks, you need to deposit funds:
Check out the video below to see the process of depositing funds into your investment account.
Step 4: Analyze Allovir stock
After you have decided on the best place to buy Allovir stock, it's crucial to analyze their stock prior to investing, so you can wrap your head around the risk and opportunity.
Allovir shares at a glance
Allovir Zen Score
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ALVR's stock page.
How is ALVR stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge ALVR's intrinsic value.
Using relative valuations methods:
- ALVR may be undervalued based on its P/B ratio of 0.63x, relative to Biotechnology industry P/B ratio of 5.8x
You can access additional valuation research on ALVR's stock here.
ALVR Financials at a glance
Positive Health Checks:
- Total ALVR debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ALVR balance sheet.
- ALVR has cash burn of 124451000. 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 ALVR balance sheet.
- ALVR has a low debt to equity ratio of 0.31.
Negative Health Checks:
- ALVR has $184.80M in cash and short term investments. This is not enough to cover its annual cash burn of $124.45M.
Do analysts think it's a good time to buy ALVR stock
Out of 3 sell side analysts who give recommendations on ALVR, the consensus analyst rating on Allovir is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Allovir stock forecast page.
Metrics for Advanced ALVR Traders
ALVR Performance Metrics
Last year, ALVR revenue was $0.00. In the past 5 year, ALVR's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 28.62%.
Find out more about ALVR's earnings and revenue performance here.
Latest Insiders Trades at ALVR
Over the past 12 months, executives and large shareholders at ALVR have bought more shares than they have sold.
Brett R. Hagen, Chief Accounting Officer of ALVR, was the latest ALVR insider to sell. They sold $360.00 worth of ALVR shares on Apr 22, 2024.
Dig into more about who owns ALVR stock here.
Does ALVR stock generate passive income?
No, Allovir doesn't provide an income stream by paying out dividends.
ALVR Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your ALVR trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your ALVR position
Now that you own some shares in ALVR, you'll want to keep up with your stock purchase.
Put ALVR on a watchlist to get the latest updates about your ALVR stock.
ALVR Feed
How to Buy Stock in Allovir
To reiterate, here are the 6 steps to buy stock in Allovir:
- Choose where to buy Allovir stock
- Open your brokerage account
- Fund your investment account
- Analyze Allovir stock
- Execute your ALVR trade
- Keep tabs on your ALVR position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your investment in Allovir, create a watchlist today.
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