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 $2.32, up 2.65% from the previous day, and has decreased 82.99% in one year. It has underperformed other stocks in the Biotechnology industry by 0.05 percentage points. Alto Neuroscience stock is currently +45% from its 52-week low of $1.60, and -86.78% from its 52-week high of $17.55.
There are currently 27.07M ANRO shares outstanding. The market cap of ANRO is $62.81M. In the last 24 hours, 182,507 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.
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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 Due Diligence 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.
Using relative valuations methods:
- ANRO may be undervalued based on its P/B ratio of 0.41x, relative to Biotechnology industry P/B ratio of 4.04x
You can do more valuation analysis on ANRO's stock here.
ANRO Financial Overview
Positive Financial Indicators:
- ANRO has a low debt to equity ratio of 0.17.
- ANRO has $168.73M in cash and short term investments. This is enough to cover its annual cash burn of $49.50M.
- ANRO has cash burn of 49499000. It has sufficient 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 ANRO balance sheet.
- There are more short-term assets than long-term liabilities on the ANRO balance sheet.
Is it a good time to buy ANRO stock, according to analysts?
Out of 5 sell side analysts who give ratings on ANRO, the consensus analyst rating on Alto Neuroscience is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Alto Neuroscience stock forecast page.
ANRO Trading Indicators
ANRO Growth Metrics
Last year, ANRO revenue was $0.00. Over the last 3 year, ANRO's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 44.31%.
Find out more about ANRO's earnings and revenue performance here.
Are ANRO insiders buying or selling the stock?
Over the last 12 months, insiders at ANRO have bought more shares than they have sold.
Adam Savitz, CHIEF MEDICAL OFFICER of ANRO, was the latest ANRO insider to buy. They bought $38,747.82 worth of ANRO stock on Jul 10, 2024.
Learn more about who owns ANRO stock here.
Does ANRO stock generate passive income?
No, Alto Neuroscience doesn't provide an income stream by paying out dividends.
What others are saying about ANRO
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your ANRO buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, place a limit order.
Click the Open button and your broker will place the order.
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Step 6: Track your ANRO position
Now that you own some ANRO shares, you'll want to stay up-to-date on your investment.
Add ANRO to a watchlist to keep track of your ANRO stock.
ANRO Feed
How to Buy Stock in Alto Neuroscience
To summarize, here are the 6 steps you need to take to buy Alto Neuroscience stock right now:
- 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 would like to get updates on your investment in Alto Neuroscience, add ANRO to your watchlist by clicking the button below.
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