How to Buy Alto Neuroscience Stock
Alto Neuroscience Inc
Alto Neuroscience is a biotech company located in California, United States, which is part of the Healthcare sector, and is traded under the ticker ANRO on the NYSE exchange.
Alto Neuroscience stock last closed at $13.49, down 7.6% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Biotechnology industry by N/A percentage points. Alto Neuroscience stock is currently +5.56% from its 52-week low of $12.78, and -43.79% from its 52-week high of $24.00.
There are currently 26.88M ANRO shares outstanding. The market cap of ANRO is $362.66M. In the last 24 hours, 59,200 ANRO shares were traded.
How to Buy Alto Neuroscience Stock
Wondering how to invest in Alto Neuroscience stock? Here's how.
- Decide where to buy Alto Neuroscience stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Alto Neuroscience stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your information.
- Analyze Alto Neuroscience stock: The Alto Neuroscience ticker symbol is ANRO. Is Alto Neuroscience stock a good investment? Should you buy shares of ANRO? How do ANRO's underlying business fundamentals look? Do top analysts think Alto Neuroscience is a good buy? Why has ANRO's stock price moved recently? (Hint: Our stock research tools can help you evaluate if ANRO is a good stock to buy).
- Place your ANRO buy order: Decide if you will purchase ANRO shares at the current market price or use a limit order to buy ANRO shares at a given price.
- Track your ANRO position: Create a watchlist to important updates regarding your position in Alto Neuroscience stock.
Step 1: Decide where to buy Alto Neuroscience stock
You need an online brokerage account to access the NYSE market and buy ANRO shares.
Our recommended brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to buy ANRO stock today.
How to Start a New 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 your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out the video below for more details depositing money into your investment account.
Step 4: Analyze Alto Neuroscience stock
After you have selected the best place to buy Alto Neuroscience stock, it's critical to analyze their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Alto Neuroscience Numbers
Alto Neuroscience Zen Score
WallStreetZen was built to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on ANRO's stock page.
Is ANRO stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ANRO's fair value.
You can do more valuation research on ANRO's stock here.
ANRO Financial Health
Positive Financial Indicators:
- ANRO has $82.55M in cash and short term investments. This is enough to cover its annual cash burn of $33.92M.
- There are more short-term assets than short-term liabilities on the ANRO balance sheet.
- ANRO has cash burn of 33918000. 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 ANRO balance sheet.
Negative Financial Indicators:
- Total ANRO debt is still negative.
- ANRO debt to equity ratio of -0.24 is negative.
Is ANRO stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Wall Street analysts who research ANRO, the consensus analyst rating on Alto Neuroscience is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Alto Neuroscience stock forecast page.
ANRO Trading Indicators
ANRO Growth Metrics
Last year, ANRO revenue was $0.00. During the last two year, ANRO's revenue has grown by -100% per year. This was slower than the Biotechnology industry average of 31.46%.
Dive into ANRO's earnings and revenue performance here.
What are ANRO insiders up to?
In the last year, insiders at ANRO have bought more shares than they have sold.
Nicholas Conrad Smith, CHIEF FINANCIAL OFFICER of ANRO, was the latest ANRO insider to buy. They bought $75,348.00 worth of ANRO stock on Mar 28, 2024.
Get more info about who owns ANRO shares here.
Does ANRO stock generate passive income?
No, Alto Neuroscience doesn't provide an income stream by paying out dividends.
ANRO Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your ANRO buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Track your ANRO position
Now that you own some ANRO shares, you'll want to keep up with your new shares.
Create a watchlist to track the most important metrics related to your ANRO stock.
ANRO Feed
How to Buy Stock in Alto Neuroscience
To reiterate, here are the 6 steps to buy stock in Alto Neuroscience:
- Decide where to buy Alto Neuroscience stock
- Sign up for your brokerage account
- Deposit money your investment account
- Analyze Alto Neuroscience stock
- Place your ANRO buy order
- Track your ANRO position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Alto Neuroscience, add ANRO to your watchlist by clicking the button below.
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