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How to Buy Alpha Teknova Stock

Alpha Teknova Inc

Alpha Teknova, Inc. provides critical reagents for life sciences market in the United States and internationally.

Alpha Teknova stock last closed at $2.00, down 0.5% from the previous day, and has decreased 5.66% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.07 percentage points. Alpha Teknova stock is currently +23.46% from its 52-week low of $1.62, and -53.16% from its 52-week high of $4.27.

There are currently 40.82M shares of TKNO outstanding. The market value of TKNO is $81.65M. In the last 24 hours, 2764 TKNO shares were traded.

How to Buy Alpha Teknova Stock

Wondering how to invest in Alpha Teknova stock? Here's how.
  1. Choose where to buy Alpha Teknova stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Alpha Teknova stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your payment method and add your information.
  4. Research Alpha Teknova stock: The Alpha Teknova ticker symbol is TKNO. Is Alpha Teknova stock a good investment? Should you buy shares of TKNO? How do TKNO's underlying business fundamentals look? Do top analysts think Alpha Teknova is a good buy? Why has TKNO's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if TKNO is a good stock to buy).
  5. Make your TKNO buy order: Decide if you will purchase TKNO shares at the current market price or use a limit order to purchase TKNO stock at a given price.
  6. Monitor your investment in TKNO: Create a watchlist to key updates about your position in Alpha Teknova stock.

Step 1: Choose where to buy Alpha Teknova stock

You will need a brokerage account to access the NASDAQ market and buy TKNO stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best place to buy stocks. eToro gives you:

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to buy TKNO today.

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  2. Provide your personal data to create a new trading account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on the greatest app to buy stocks, you can securely and quickly fund your account:

Check out this video walkthrough for more details depositing funds into your new investment account.

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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.

Step 4: Research Alpha Teknova stock

After you have selected the best place to buy Alpha Teknova stock, it's critical to evaluate their stock before you invest, so you actually comprehend the risk as well as the opportunity.

Alpha Teknova stock at a glance

TKNO Price
$2.00
1w %
-17.01%
1y %
-5.66%
5y %
N/A
P/E
-1.72x
P/B
0.91x
P/S
1.73x
PEG
N/A
Revenue
$36.68M
Earnings
-$36.78M
Fore. Rev. Growth
26.98%
Fore. Earn. Growth
N/A
Market Cap
$81.65M
Next Earnings
May 8, 2024
Next Dividend
N/A

Fundamentals of TKNO

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on TKNO's stock page.

Is TKNO stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge TKNO's true value.

Using relative valuations measures:

  • TKNO may be undervalued based on its P/B ratio of 0.91x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.03x

You can do additional valuation analysis on TKNO's stock here.

A quick look at TKNO Financials

Passed Health Checks:

  • TKNO has cash burn of 26551000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the TKNO balance sheet.
  • There are more short-term assets than short-term liabilities on the TKNO balance sheet.

Failed Health Checks:

  • TKNO has $28.48M in cash and short term investments. This is not enough to cover its annual cash burn of $26.55M.
  • TKNO profit margin has gone up by 0.14 percentage points in the past year, but the company is still unprofitable.
  • TKNO has a relatively high debt to equity ratio of 0.43.

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

TKNO Technicals

SMA10
2.36
SMA20
2.44
SMA50
2.78
SMA100
3
SMA200
2.71
MACD
-0.18
MACD Signal
-0.14
MACD Histogram
-0.04
RSI
32.67
Stochastic %K
0.79
Stochastic %D
10
StochRSI %K
0
StochRSI %D
24.11

How is TKNO performing as a company?

Last year, TKNO revenue was $36.68M. During the last 4 year, TKNO's revenue has grown by 16.24% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 30.96%.

Find out more about TKNO's earnings and revenue performance here.

Who is buying/selling TKNO?

Over the past 12 months, insiders at TKNO have bought more shares than they have sold.

Ken Gelhaus, Chief Commercial Officer of TKNO, was the latest TKNO insider to buy. They bought $6,219.86 worth of TKNO shares on Nov 30, 2023.

Dig into more about who owns TKNO shares here.

Can I rely on TKNO as an income stream?

No, Alpha Teknova doesn't provide an income stream by paying out dividends.

What do other investors have to say about TKNO?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your TKNO buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.

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

If you require more help with investing in stocks on eToro, watch the how to video below:

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Step 6: Monitor your investment in TKNO

Now that you own some shares in TKNO, you'll want to stay up-to-date on your shares.

Start a watchlist to see the latest developments about your TKNO stock.

TKNO Feed

How to Buy Stock in Alpha Teknova

To summarize, here are the 6 steps to buy stock in Alpha Teknova:

  1. Choose where to buy Alpha Teknova stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Alpha Teknova stock
  5. Make your TKNO buy order
  6. Monitor your investment in TKNO

If you need a brokerage account, eToro is our recommended venue.

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 track your new investment in Alpha Teknova, create a watchlist today.

NASDAQ: TKNO
$2.00-0.01 (-0.5%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: TKNO
$2.00-0.01 (-0.5%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Alpha Teknova share?

As of Apr 19, 2024, it costs $2.00 to buy one share of Alpha Teknova stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.5 shares of TKNO.

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 Alpha Teknova stock?

One way to place an order for Alpha Teknova 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.