Is There Now an Opportunity in Alvotech (ALVO) After a 64% One-Year Share Price Slide?
- Wondering whether Alvotech at US$4.64 is a potential bargain or a value trap? This article will walk you through what the current price might be implying about the company.
- The stock has had a tough run, with a 9.7% decline over the last week, 5.7% over the last month and 7.2% year to date, while the 1 year return sits at a 64.3% loss.
- Recent trading has been shaped by ongoing investor reaction to Alvotech’s progress and risks in the biosimilars space, as the market weighs its prospects against regulatory and competitive pressures. Evergreen coverage like this aims to step back from short term headlines and focus on what the current share price could mean for long term investors.
- On our valuation checks, Alvotech scores a 5 out of 6….
Source link
