In terms of market performance, Alvotech had a fairly even. The highest value for the stock in the past year was $18.00 on 02/26/24, and the lowest value was recorded at $9.15 on 10/17/24.
52-week price history of ALVO Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Alvotech’s current trading price is -26.28% away from its 52-week high, while its distance from the 52-week low is 45.03%. The stock’s price range during this period has spanned from $9.15 to $18.00. In the Healthcare sector, the Alvotech’s shares surpassed a trading volume of approximately 0.2 million for the day, which was noticeably higher compared to the average daily volume of 9.0.12 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Alvotech (ALVO) has experienced a quarterly rise of 7.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.00B and boasts a workforce of 1026 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.15, with a change in price of +1.38. Similarly, Alvotech recorded 111,655 in trading volume during the last 100 days, posting a change of +11.61%.
ALVO Stock Stochastic Average
Today’s raw stochastic average for Alvotech over the last 50 days is 82.80%.This indicates a increase from the raw stochastic average of the past 20 days, which was 78.50%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 76.67% and 77.40%, respectively.
ALVO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 0.30% this year. Over the last six months, there has been a weaker performance of 11.42%. The price of ALVO fallen by 10.12% during the last 30 days period. For the last 5-days stocks have slided -1.85%.
