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 $9.74, down 1.02% from the previous day, and has decreased 31.79% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.04 percentage points. Alvotech stock is currently +32.52% from its 52-week low of $7.35, and -31.12% from its 52-week high of $14.14.
At the moment, there are 301.81M ALVO shares outstanding. The market capitalization of ALVO is $2.94B. In the last 24 hours, 130,000 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.
Our recommended brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world markets: From Technology to Industrials, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now. This offer is only for US users.
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.
How to Create 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.
- Input your personal info to start a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
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 23.76x, relative to Drug Manufacturers - Specialty & Generic industry P/E ratio of -23.1x
- ALVO may be undervalued based on its PEG ratio of 0.67x
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 -432.1% to 16.4% in the past year.
Failed Financial Due Diligence Checks:
- ALVO debt to equity ratio of -5.12 is negative.
- Total ALVO debt is still negative.
- ALVO has $38.54M in cash and short term investments. This is not enough to cover its annual cash burn of $169.06M.
- There are more long-term liabilities than short-term assets on the ALVO balance sheet.
- ALVO has cash burn of 169056000. It does not have enough cash and short-term investments to cover this.
You can dive deeper into what analysts are projecting on the Alvotech stock forecast page.
ALVO Trading Indicators
How is ALVO performing as a company?
Last year, ALVO revenue was $587.89M. In the last three year, ALVO's revenue has increased by 238.25% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 9.6%.
You can analyze ALVO's earnings and revenue performance here.
Are ALVO insiders buying or selling the stock?
Over the last 12 months, insiders at ALVO have not bought or sold any shares.
Research more about who owns ALVO stock here.
Can I get consistent income from ALVO stock?
No, Alvotech doesn't provide an income stream by paying out dividends.
What others are saying about ALVO
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your ALVO purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to 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, use a limit order.
Press the Open button and eToro will place the order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your ALVO investment
Now that you own some ALVO shares, you'll want to stay up-to-date on your stock purchase.
Put ALVO on a watchlist to get notified of the latest news about your ALVO stock.
ALVO Feed
How to Buy Stock in Alvotech
To summarize, here are the 6 steps to buy Alvotech stock:
- 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 need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Alvotech, click below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp 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.