How to Buy Alvotech Stock
Alvotech
Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer.
Alvotech stock last closed at $7.97, down 3.28% from the previous day, and has decreased 36.24% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.12 percentage points. Alvotech stock is currently +8.44% from its 52-week low of $7.35, and -41.82% from its 52-week high of $13.70.
At the moment, there are 311.6M ALVO shares outstanding. The market capitalization of ALVO is $2.48B. In the last 24 hours, 273,000 ALVO shares were traded.
How to Buy Alvotech Stock
Wondering how to invest in Alvotech stock? Here's how.
- Decide where to buy Alvotech stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Alvotech stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your info.
- Analyze Alvotech stock: The Alvotech ticker symbol is ALVO. Is Alvotech stock a good investment? Should you buy shares of ALVO? How do ALVO's underlying business fundamentals look? Do top analysts think Alvotech is a good buy? Why has ALVO's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ALVO is a good stock to buy).
- Execute your ALVO purchase: Decide if you will purchase ALVO shares at the current market price or use a limit order to buy ALVO shares at a particular price.
- Get updates on your ALVO investment: Create a watchlist to keep tabs on your new investment in Alvotech stock.
Step 1: Decide where to buy Alvotech stock
You need an online brokerage account to access the NASDAQ market and buy ALVO stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you are able to invest in ALVO today.
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Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best stock app, your next step is to transfer the money for your investment:
Watch the video below for more details depositing money into your new investment account.
Step 4: Analyze Alvotech stock
Once you have identified the best place to buy Alvotech stock, it's very important to research their stock prior to investing, so you actually understand the risk as well as the upside.
Alvotech shares quick numbers
Fundamentals of Alvotech
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ALVO's stock page.
How is ALVO stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge ALVO's true value.
Using relative valuations methods:
- ALVO may be undervalued based on its P/E ratio of 33.21x, relative to Drug Manufacturers - Specialty & Generic industry P/E ratio of -47.05x
- ALVO may be undervalued based on its PEG ratio of 0.39x
You can access additional valuation analysis on ALVO's stock here.
ALVO Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ALVO balance sheet.
- ALVO profit margin has gone up from -200.3% to 11.3% in the past year.
- ALVO has cash burn of 103551000. It has enough cash and short-term investments to cover this for at least one year.
- ALVO has $151.45M in cash and short term investments. This is enough to cover its annual cash burn of $103.55M.
Failed Financial Due Diligence Checks:
- ALVO debt to equity ratio of -9.04 is negative.
- There are more long-term liabilities than short-term assets on the ALVO balance sheet.
- Total ALVO debt is still negative.
Do Wall Street analysts think it's a good time to buy Alvotech stock
Out of 1 Equities analysts who give forecasts on ALVO, the consensus analyst rating on ALVO is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Alvotech stock forecast page.
Metrics for Advanced ALVO Traders
Is ALVO Making Money?
Last year, ALVO earnings were $63.36M. In the last 3 year, ALVO's earnings have grown by -89.25% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 5.51%.
Last year, ALVO revenue was $562.48M. Over the last four year, ALVO's revenue has grown by 293.08% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 10.23%.
Dig into ALVO's earnings and revenue performance here.
Latest Insiders Trades at ALVO
Over the past year, executives and large shareholders at ALVO have not bought or sold any shares.
Get more info about who owns ALVO shares here.
Does ALVO stock generate passive income?
No, Alvotech doesn't provide an income stream by paying out dividends.
ALVO Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your ALVO purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Get updates on your ALVO investment
Now that you own some ALVO shares, you'll want to keep up with your investment.
Put ALVO on a watchlist to track the latest developments regarding your ALVO stock.
ALVO Feed
How to Buy Stock in Alvotech
To reiterate, here are the 6 steps you need to take to buy Alvotech stock right now:
- Decide where to buy Alvotech stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Alvotech stock
- Execute your ALVO purchase
- Get updates on your ALVO investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Alvotech, click the button below.
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