How to Buy Altimmune Stock
Altimmune Inc
Altimmune, Inc. , a clinical stage biopharmaceutical company, focuses on developing treatments for obesity and liver diseases.
Altimmune stock last closed at $6.89, down 2.13% from the previous day, and has increased 20.88% in one year. It has overperformed other stocks in the Biotechnology industry by 0.47 percentage points. Altimmune stock is currently +229.67% from its 52-week low of $2.09, and -53.57% from its 52-week high of $14.84.
There are currently 70.9M shares of ALT outstanding. The market value of ALT is $488.47M. In the last 24 hours, 3.2M ALT shares were traded.
How to Buy Altimmune Stock
Wondering how to invest in Altimmune stock? Here's how.
- Choose where to buy Altimmune stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Altimmune stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your information.
- Evaluate Altimmune stock: The Altimmune ticker symbol is ALT. Is Altimmune stock a good investment? Should you buy shares of ALT? How do ALT's underlying business fundamentals look? Do top analysts think Altimmune is a good buy? Why has ALT's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if ALT is a good stock to buy).
- Make your ALT trade: Decide if you will purchase ALT shares at the current market price or use a limit order to buy ALT stock at a given price.
- Get notifications regarding your ALT investment: Create a watchlist to keep tabs on your investment in Altimmune stock.
Step 1: Choose where to buy Altimmune stock
You need a brokerage account to access the NASDAQ market and buy ALT stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy ALT stock today.
How to Set Up 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.
- Enter your personal data to start a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on one of the best stock apps, you need to deposit funds:
Watch the walkthrough below for more details depositing money into your new brokerage account.
Step 4: Evaluate Altimmune stock
After you have selected the best place to buy Altimmune stock, it's important to evaluate their stock prior to investing, so you can wrap your head around the risk and upside.
Altimmune stock at a glance
ALT Overview
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on ALT's stock page.
What is the fair value of ALT stock?
You can use many financial metrics, analyses, models, and charts to gauge ALT's intrinsic value.
Using relative valuations ratios:
- ALT may be undervalued based on its P/B ratio of 2.52x, relative to Biotechnology industry P/B ratio of 5.76x
You can access additional valuation analysis on ALT's stock here.
ALT Financials at a glance
Pros:
- Total ALT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ALT balance sheet.
- ALT has $197.86M in cash and short term investments. This is enough to cover its annual cash burn of $75.86M.
- ALT has cash burn of 75857000. It has sufficient cash and short-term investments to cover this for at least one year.
- ALT has a low debt to equity ratio of 0.09.
- There are more short-term assets than short-term liabilities on the ALT balance sheet.
Cons:
- ALT profit margin has gone down from 124,577.9% to -20,762.2% in the past year.
Is it a good time to buy ALT stock, according to Wall Street analysts?
Out of 3 Equities analysts who give forecasts on ALT, the consensus analyst rating on Altimmune is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Altimmune stock forecast page.
ALT Trading Indicators
ALT Performance Numbers
Last year, ALT revenue was $426.00k. In the last five year, ALT's revenue has increased by -47.15% per year. This was slower than the Biotechnology industry average of 28.98%.
Dive into ALT's earnings and revenue performance here.
Who is buying/selling ALT?
Over the past 12 months, insiders at ALT have sold more shares than they have bought.
Vipin K. Garg, President and CEO of ALT, was the latest ALT insider to sell. They sold $78,064.32 worth of ALT stock on Feb 2, 2024.
Research more about who owns ALT stock here.
Can I get consistent income from ALT stock?
No, Altimmune doesn't provide an income stream by paying out dividends.
What others are saying about ALT
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your ALT trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your ALT investment
Now that you own some shares in ALT, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of the latest news about your ALT stock.
ALT Feed
How to Buy Stock in Altimmune
To reiterate, here are the 6 steps to buy stock in Altimmune:
- Choose where to buy Altimmune stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Altimmune stock
- Make your ALT trade
- Get notifications regarding your ALT investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Altimmune, click the button below.
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