In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Alvotech (NASDAQ: ALVO) closed at $10.83 down -5.41% from its previous closing price of $11.45. In other words, the price has decreased by -$5.41 from its previous closing price. On the day, 0.52 million shares were traded.
Ratios:
For a deeper understanding of Alvotech’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on February 14, 2025, initiated with a Buy rating and assigned the stock a target price of $18.
On January 29, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $10 to $17.
Citigroup Upgraded its Sell to Neutral on October 20, 2023, whereas the target price for the stock was revised from $5 to $10.
Valuation Measures:
As of this moment, Alvotech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.12, and their Forward P/E ratio for the next fiscal year is 21.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.81.
Stock Price History:
Over the past 52 weeks, ALVO has reached a high of $14.65, while it has fallen to a 52-week low of $7.35. The 50-Day Moving Average of the stock is 14.99%, while the 200-Day Moving Average is calculated to be -5.44%.
Shares Statistics:
A total of 301.81M shares are outstanding, with a floating share count of 108.97M. Insiders hold about 63.90% of the company’s shares, while institutions hold 5.64% stake in the company.
