How to Buy Avrobio Stock
Avrobio Inc
AVROBIO, Inc. , a clinical-stage gene therapy company, develops ex vivo lentiviral-based gene therapies to treat rare diseases following a single dose worldwide.
Avrobio stock last closed at $1.24, up 1.64% from the previous day, and has increased 37.17% in one year. It has overperformed other stocks in the Biotechnology industry by 0.64 percentage points. Avrobio stock is currently +117.54% from its 52-week low of $0.57, and -27.06% from its 52-week high of $1.70.
There are currently 44.86M AVRO shares outstanding. The market value of AVRO is $55.63M. In the last 24 hours, 36,515 AVRO shares were traded.
How to Buy Avrobio Stock
Not sure how to invest in Avrobio stock? Here's how.
- Decide where to buy Avrobio stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Avrobio stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Analyze Avrobio stock: The Avrobio ticker symbol is AVRO. Is Avrobio stock a good investment? Should you buy shares of AVRO? How do AVRO's underlying business fundamentals look? Do top analysts think Avrobio is a good buy? Why has AVRO's stock price moved recently? (Hint: Our stock market research website can help you decide if AVRO is a good stock to buy).
- Place your AVRO trade: Decide if you will purchase AVRO shares at the current market price or use a limit order to buy AVRO shares at a given price.
- Watch your investment in AVRO: Create a watchlist to monitor your new investment in Avrobio stock.
Step 1: Decide where to buy Avrobio stock
You will need a brokerage account to access the NASDAQ market and buy AVRO stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you can buy AVRO stock today.
How to Open a New Brokerage 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 open a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing funds into your new investment account.
Step 4: Analyze Avrobio stock
Once you have chosen the best place to buy Avrobio stock, it's very important to research their stock before you buy, so you actually wrap your head around the risk and opportunity.
Avrobio shares data
AVRO Fundamentals
WallStreetZen was built to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on AVRO's stock page.
Is AVRO stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AVRO's intrinsic value.
Using relative valuations measures:
- AVRO could be undervalued based on its P/E ratio of 4.59x, relative to Biotechnology industry P/E ratio of 15.68x
- AVRO could be undervalued based on its P/B ratio of 0.59x, relative to Biotechnology industry P/B ratio of 5.76x
You can access more valuation research on AVRO's stock here.
A look at AVRO Cashflows and Balance Sheet
Positive Financial Indicators:
- AVRO has $98.30M in cash and short term investments. This is sufficient to cover its annual cash burn of $61.85M.
- There are more short-term assets than short-term liabilities on the AVRO balance sheet.
- Total AVRO debt is lower than 5 years ago, relative to shareholder equity.
- AVRO has cash burn of 61850000. 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 AVRO balance sheet.
- AVRO has a low debt to equity ratio of 0.07.
Is AVRO stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who track AVRO, the consensus analyst rating on Avrobio is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Avrobio stock forecast page.
AVRO Technical Indicators
Who is buying/selling AVRO?
Over the past 12 months, insiders at AVRO have sold more shares than they have bought.
Steven Avruch, Chief Legal Officer of AVRO, was the latest AVRO insider to sell. They sold $12,996.02 worth of AVRO shares on Feb 5, 2024.
Learn more about who owns AVRO stock here.
Can I rely on AVRO as an income stream?
No, Avrobio doesn't provide an income stream by paying out dividends.
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Step 5: Place your AVRO 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 available price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Hit the Open button and your broker will execute the order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in AVRO
Now that you own some AVRO stock, you'll want to keep up with your new company.
Put AVRO on a watchlist to get notified of important updates regarding your AVRO stock.
AVRO Feed
How to Buy Stock in Avrobio
To summarize, here are the 6 steps to buy Avrobio stock:
- Decide where to buy Avrobio stock
- Create a brokerage account
- Put funds into your brokerage account
- Analyze Avrobio stock
- Place your AVRO trade
- Watch your investment in AVRO
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Avrobio, create a watchlist today.
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