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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 $0.76, up 1.74% from the previous day, and has decreased 78.03% in one year. It has underperformed other stocks in the Biotechnology industry by 0.66 percentage points. Allovir stock is currently +30.69% from its 52-week low of $0.58, and -79.79% from its 52-week high of $3.75.

As of Jul 22, 2024, there are 115M shares of ALVR outstanding. The market cap of ALVR is $87.17M. In the past 24 hours, 340,218 ALVR shares were traded.

How to Buy Allovir Stock

Not sure how to invest in Allovir stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

We believe that eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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  • Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • 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.

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Step 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.

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  2. Input your personal details to open a new trading account.
  1. Submit your application by clicking the "Create Account" button.
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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.

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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

ALVR Price
$0.76
1w %
-4.05%
1y %
-78.03%
5y %
N/A
P/E
-0.46x
P/B
0.72x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$179.53M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$87.17M
Next Earnings
Aug 1, 2024
Next Dividend
N/A

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 0.72x, relative to Biotechnology industry P/B ratio of 6.3x

You can access additional valuation research on ALVR's stock here.

ALVR Financials at a glance

Positive Health Checks:

  • ALVR has a low debt to equity ratio of 0.2.
  • There are more short-term assets than long-term liabilities on the ALVR balance sheet.
  • ALVR has cash burn of 136713000. 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.

Negative Health Checks:

  • ALVR has $141.08M in cash and short term investments. This is not enough to cover its annual cash burn of $136.71M.

You can dive deeper into what analysts are saying on the Allovir stock forecast page.

Metrics for Advanced ALVR Traders

SMA10
0.78
SMA20
0.76
SMA50
0.76
SMA100
0.76
SMA200
1.04
MACD
0
MACD Signal
0
MACD Histogram
0
RSI
48.72
Stochastic %K
38.81
Stochastic %D
52.62
StochRSI %K
39.3
StochRSI %D
56.89

What are ALVR executives and large shareholders up to?

Over the past 12 months, executives and large shareholders at ALVR have sold more shares than they have bought.

Diana Brainard, Chief Executive Officer of ALVR, was the latest ALVR insider to sell. They sold $1,072.08 worth of ALVR shares on Jul 2, 2024.

Learn 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.

What do other investors have to say about ALVR?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your ALVR trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.

Press the Open button and eToro will execute the order.

If you want additional help investing in stocks on eToro, watch the how to video below:

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Step 6: Keep tabs on your ALVR position

Now that you own some ALVR shares, you'll want to keep up with your investment.

Create a watchlist to get alerted to the latest events about your ALVR stock.

ALVR Feed

How to Buy Stock in Allovir

To summarize, here are the 6 steps to buy Allovir stock:

  1. Choose where to buy Allovir stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Analyze Allovir stock
  5. Execute your ALVR trade
  6. Keep tabs on your ALVR position

If you are looking for a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Allovir, add ALVR to your watchlist by clicking the button below.

NASDAQ: ALVR
$0.76+0.01 (+1.74%)
Updated Jul 22, 2024
Open eToro Account
NASDAQ: ALVR
$0.76+0.01 (+1.74%)
Updated Jul 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Allovir share?

As of Jul 22, 2024, it costs $0.76 to buy one share of Allovir stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.38, you can buy 0.5 shares of ALVR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Allovir stock?

One way to place an order for Allovir 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.