How to Buy Alx Oncology Holdings Stock
Alx Oncology Holdings Inc
ALX Oncology Holdings Inc. , a clinical-stage immuno-oncology company, focuses on developing therapies for patients fighting cancer.
Alx Oncology Holdings stock last closed at $16.62, down 1.89% from the previous day, and has increased 187.29% in one year. It has overperformed other stocks in the Biotechnology industry by 2.06 percentage points. Alx Oncology Holdings stock is currently +322.26% from its 52-week low of $3.94, and -4.87% from its 52-week high of $17.47.
There are currently 50.15M shares of ALXO outstanding. The market cap of ALXO is $833.53M. In the last 24 hours, 494,353 ALXO shares were traded.
How to Buy Alx Oncology Holdings Stock
Wondering how to invest in Alx Oncology Holdings stock? Here's how.
- Figure out where to buy Alx Oncology Holdings stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Alx Oncology Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your details.
- Evaluate Alx Oncology Holdings stock: The Alx Oncology Holdings ticker symbol is ALXO. Is Alx Oncology Holdings stock a good investment? Should you buy shares of ALXO? How do ALXO's underlying business fundamentals look? Do top analysts think Alx Oncology Holdings is a good buy? Why has ALXO's stock price moved recently? (Hint: Our stock market research website can help you figure out if ALXO is a good stock to buy).
- Execute your ALXO trade: Decide if you will purchase ALXO shares at the current market price or use a limit order to purchase ALXO stock at a particular price.
- Track your investment in ALXO: Create a watchlist to watch your new investment in Alx Oncology Holdings stock.
Step 1: Figure out where to buy Alx Oncology Holdings stock
You need an online brokerage account in order to access the NASDAQ market and buy ALXO shares.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you can buy ALXO stock today.
How to Open 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 info to open your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best investment app, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring money into your investment account.
Step 4: Evaluate Alx Oncology Holdings stock
Once you have figured out the best place to buy Alx Oncology Holdings stock, it's crucial to analyze their stock before you invest, so you can understand the risk as well as the upside.
Alx Oncology Holdings Numbers
Alx Oncology Holdings Overview
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ALXO's stock page.
Is ALXO stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ALXO's intrinsic value.
Using relative valuations metrics:
- ALXO may be undervalued based on its P/B ratio of 4.39x, relative to Biotechnology industry P/B ratio of 5.99x
You can access additional valuation analysis on ALXO's stock here.
ALXO Financial Summary
Pros:
- ALXO has cash burn of 131638000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ALXO balance sheet.
- Total ALXO debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ALXO balance sheet.
- ALXO has a low debt to equity ratio of 0.28.
Cons:
- ALXO has $182.74M in cash and short term investments. This is not sufficient to cover its annual cash burn of $131.64M.
Do analysts think it's a good time to buy ALXO stock
Out of 4 Wall Street analysts who research ALXO, the consensus analyst rating on Alx Oncology Holdings is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Alx Oncology Holdings stock forecast page.
ALXO Technical Indicators
ALXO Revenue
Last year, ALXO revenue was $0.00. Over the last five year, ALXO's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 29.57%.
You can analyze ALXO's earnings and revenue performance here.
Are ALXO executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at ALXO have sold more shares than they have bought.
Jaume Pons, PRESIDENT CSO of ALXO, was the latest ALXO insider to sell. They sold $710,200.00 worth of ALXO stock on Apr 16, 2024.
Dig into more about who owns ALXO stock here.
Does ALXO provide a stable income stream?
No, Alx Oncology Holdings doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your ALXO trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - 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 a given dollar amount limit, use a limit order.
Click the Open Trade button and eToro will place the order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Track your investment in ALXO
Now that you own some ALXO stock, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get the latest updates about your ALXO stock.
ALXO Feed
How to Buy Stock in Alx Oncology Holdings
To reiterate, here are the 6 steps you need to take to buy Alx Oncology Holdings stock right now:
- Figure out where to buy Alx Oncology Holdings stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Alx Oncology Holdings stock
- Execute your ALXO trade
- Track your investment in ALXO
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Alx Oncology Holdings, get started below.
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