How to Buy Alto Ingredients Stock
Alto Ingredients Inc
Alto Ingredients, Inc. produces and markets specialty alcohols and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Production, and Other Production.
Alto Ingredients stock last closed at $1.96, up 2.62% from the previous day, and has increased 49.62% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.4 percentage points. Alto Ingredients stock is currently +63.33% from its 52-week low of $1.20, and -60.6% from its 52-week high of $4.98.
As of Apr 24, 2024, there are 75.7M ALTO shares outstanding. The market cap of ALTO is $148.37M. In the last 24 hours, 359,695 ALTO shares were traded.
How to Buy Alto Ingredients Stock
Wondering how to invest in Alto Ingredients stock? Here's how.
- Decide where to buy Alto Ingredients stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Alto Ingredients stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your information.
- Analyze Alto Ingredients stock: The Alto Ingredients ticker symbol is ALTO. Is Alto Ingredients stock a good investment? Should you buy shares of ALTO? How do ALTO's underlying business fundamentals look? Do top analysts think Alto Ingredients is a good buy? Why has ALTO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ALTO is a good stock to buy).
- Place your ALTO trade: Decide if you will purchase ALTO shares at the current market price or use a limit order to buy ALTO stock at a specific price.
- Track your investment in ALTO: Create a watchlist to important notifications about your position in Alto Ingredients shares.
Step 1: Decide where to buy Alto Ingredients stock
You will need a brokerage account to access the NASDAQ market and buy ALTO shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you can buy ALTO 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.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've finished signing up on app for stock market, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Alto Ingredients stock
Once you have selected the best place to buy Alto Ingredients stock, it's very important to analyze their stock before you invest, so you actually understand the risk as well as the opportunity.
Alto Ingredients Numbers
ALTO Zen Score
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on ALTO's stock page.
Is ALTO stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ALTO's true value.
Using relative valuations measures:
- ALTO may be undervalued based on its P/B ratio of 0.53x, relative to Specialty Chemicals industry P/B ratio of 3.36x
You can access additional valuation research on ALTO's stock here.
A look at ALTO Cashflows and Balance Sheet
Signs that ALTO is financially healthy:
- ALTO has $45.48M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.51M.
- ALTO profit margin has gone up from -3.2% to -2.4% in the past year.
- There are more short-term assets than short-term liabilities on the ALTO balance sheet.
- Total ALTO debt is lower than 5 years ago, relative to shareholder equity.
- ALTO has cash burn of 7506000. It has enough 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 ALTO balance sheet.
Signs that ALTO is not financially healthy:
- ALTO has a relatively high debt to equity ratio of 0.63.
Do Wall Street analysts think it's a good time to buy Alto Ingredients stock
Out of 3 Wall Street analysts who track ALTO, the consensus analyst rating on ALTO is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Alto Ingredients stock forecast page.
ALTO Technical Indicators
ALTO Performance Numbers
Last year, ALTO revenue was $1.22B. During the past five year, ALTO's revenue has increased by -4.2% per year. This was slower than the Specialty Chemicals industry average of 9.4%.
Dive into ALTO's earnings and revenue performance here.
Are ALTO executives and large shareholders buying or selling the stock?
In the last year, insiders at ALTO have sold more shares than they have bought.
Todd E. Benton, Chief Operating Officer of ALTO, was the latest ALTO insider to sell. They sold $16,950.58 worth of ALTO shares on Apr 1, 2024.
Get more info about who owns ALTO stock here.
Can I get consistent income from ALTO stock?
No, Alto Ingredients doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your ALTO trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Track your investment in ALTO
Now that you own some ALTO stock, you'll want to stay up-to-date on your new investment.
Add ALTO to a watchlist to get alerted to the latest events about your ALTO stock.
ALTO Feed
How to Buy Stock in Alto Ingredients
To reiterate, here are the 6 steps for buying Alto Ingredients stock:
- Decide where to buy Alto Ingredients stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Alto Ingredients stock
- Place your ALTO trade
- Track your investment in ALTO
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in Alto Ingredients, create a watchlist today.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.