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How to Buy Alternus Clean Energy Stock

Alternus Clean Energy Inc

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks.

Alternus Clean Energy stock last closed at $0.34, down 1.16% from the previous day, and has decreased 96.7% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.87 percentage points. Alternus Clean Energy stock is currently +17.59% from its 52-week low of $0.29, and -96.94% from its 52-week high of $11.13.

There are currently 80.08M ALCE shares outstanding. The market cap of ALCE is $27.31M. In the past 24 hours, 16,711 ALCE shares were traded.

How to Buy Alternus Clean Energy Stock

Wondering how to invest in Alternus Clean Energy stock? Here's how.
  1. Choose where to buy Alternus Clean Energy stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Alternus Clean Energy stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your payment method and add your info.
  4. Research Alternus Clean Energy stock: The Alternus Clean Energy ticker symbol is ALCE. Is Alternus Clean Energy stock a good investment? Should you buy shares of ALCE? How do ALCE's underlying business fundamentals look? Do top analysts think Alternus Clean Energy is a good buy? Why has ALCE's stock price moved recently? (Hint: Our stock market research website can help you figure out if ALCE is a good stock to buy).
  5. Execute your ALCE buy order: Decide if you will purchase ALCE shares at the current market price or use a limit order to purchase ALCE stock at a particular price.
  6. Get the latest scoop on your ALCE investment: Create a watchlist to track your investment in Alternus Clean Energy shares.

Step 1: Choose where to buy Alternus Clean Energy stock

You will need an online brokerage account in order to access the NASDAQ market and buy ALCE stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal information so you can buy ALCE stock today.

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Step 3: Deposit money your investment account

Now that you have created your account on the best stock market app for beginners, you can securely and quickly fund your account:

Check out the video below if you need help transferring funds into your brokerage account.

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Step 4: Research Alternus Clean Energy stock

Once you have selected the best place to buy Alternus Clean Energy stock, it's very important to analyze their stock prior to buying, so you can understand the risk as well as the upside.

Alternus Clean Energy quick stats

ALCE Price
$0.34
1w %
0.89%
1y %
-96.7%
5y %
N/A
P/E
-0.37x
P/B
-0.43x
P/S
0.98x
PEG
N/A
Revenue
$20.08M
Earnings
-$53.65M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$27.31M
Next Earnings
N/A
Next Dividend
N/A

Alternus Clean Energy Fundamentals

WallStreetZen was built to help everyday investors do more accurate fundamental analysis quickly.

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

Is ALCE stock undervalued?

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

You can do additional valuation research on ALCE's stock here.

A look at ALCE Cashflows and Balance Sheet

Signs that ALCE is financially healthy:

  • There are more short-term assets than long-term liabilities on the ALCE balance sheet.

Signs that ALCE is not financially healthy:

  • ALCE's operating cash flow of $10.44M allows it to safely service it's debt of $198.97M.
  • ALCE profit margin has gone down from -108.7% to -267.1% in the past year.
  • ALCE debt to equity ratio of -3.93 is negative.
  • Total ALCE debt is still negative.
  • ALCE earnings of -$35.08M is not sufficient to cover its interest payments.
  • There are more short-term liabilities than short-term assets on the ALCE balance sheet.

ALCE Technicals

SMA10
0.34
SMA20
0.38
SMA50
0.41
SMA100
1.39
SMA200
5.94
MACD
-0.04
MACD Signal
-0.05
MACD Histogram
0.01
RSI
36.75
Stochastic %K
31.01
Stochastic %D
26.09
StochRSI %K
71.54
StochRSI %D
52.51

ALCE Growth Numbers

Last year, ALCE revenue was $20.08M. During the past 2 year, ALCE's revenue has increased by -3.11% per year. This was slower than the Utilities - Regulated Electric industry average of 4%.

Learn more about ALCE's earnings and revenue performance here.

Who is buying/selling ALCE?

Over the past 12 months, executives and large shareholders at ALCE have not bought or sold any shares.

Research more about who owns ALCE stock here.

Does ALCE stock generate passive income?

No, Alternus Clean Energy doesn't provide an income stream by paying out dividends.

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Step 5: Execute your ALCE buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, place a limit order.

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

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Step 6: Get the latest scoop on your ALCE investment

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

Create a watchlist to see the latest developments about your ALCE stock.

ALCE Feed

How to Buy Stock in Alternus Clean Energy

To reiterate, here are the 6 steps for buying Alternus Clean Energy stock:

  1. Choose where to buy Alternus Clean Energy stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Alternus Clean Energy stock
  5. Execute your ALCE buy order
  6. Get the latest scoop on your ALCE investment

If you require a place to buy stocks, eToro is our recommended 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 would like to keep tabs on your investment in Alternus Clean Energy, create your watchlist below.

NASDAQ: ALCE
$0.34-0.00 (-1.16%)
Updated Apr 30, 2024
Open eToro Account
NASDAQ: ALCE
$0.34-0.00 (-1.16%)
Updated Apr 30, 2024
Open eToro Account

FAQ

How much does it cost to buy one Alternus Clean Energy share?

As of Apr 30, 2024, it costs $0.34 to buy one share of Alternus Clean Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.17, you can buy 0.5 shares of ALCE.

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 Alternus Clean Energy stock?

One way to place an order for Alternus Clean Energy 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.