Alpine 4 Holdings Inc. (NASDAQ: ALPP) closed the day trading at $0.75 up 8.70% from the previous closing price of $0.69. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 966452 shares were traded. ALPP stock price reached its highest trading level at $0.7600 during the session, while it also had its lowest trading level at $0.7000.
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Ratios:
For a better understanding of ALPP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, Alliance Global Partners on August 23, 2022, initiated with a Buy rating and assigned the stock a target price of $2.75.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 1.97.
Stock Price History:
Over the past 52 weeks, ALPP has reached a high of $2.26, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is 0.5762, while the 200-Day Moving Average is calculated to be 0.6817.
Shares Statistics:
Over the past 3-months, ALPP traded about 540.46K shares per day on average, while over the past 10 days, ALPP traded about 520.63k shares per day. A total of 183.20M shares are outstanding, with a floating share count of 153.38M. Insiders hold about 2.15% of the company’s shares, while institutions hold 11.40% stake in the company. Shares short for ALPP as of Oct 13, 2022 were 13.86M with a Short Ratio of 11.49M, compared to 13.65M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 6.95% and a Short% of Float of 7.94%.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between -$0.05 and -$0.05 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is -$0.06, with 1 analysts recommending between -$0.06 and -$0.06.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $146.03M in the next fiscal year. The high estimate is $146.03M and the low estimate is $146.03M. The average revenue growth estimate for next year is up 33.00% from the average revenue estimate for this year.
