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The price of Alector Inc (NASDAQ: ALEC) closed at $1.55 in the last session, up 4.73% from day before closing price of $1.48. In other words, the price has increased by $4.73 from its previous closing price. On the day, 0.66 million shares were traded.
Ratios:
We take a closer look at ALEC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.34 and its Current Ratio is at 3.34. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.34.
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 the company, Mizuho on December 17, 2024, Downgraded its rating to Neutral and sets its target price to $2.50 from $9 previously.
On December 16, 2024, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.
BofA Securities Downgraded its Neutral to Underperform on December 04, 2024, whereas the target price for the stock was revised from $9 to $1.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 02 ’25 when GRASSO MARC sold 16,488 shares for $1.34 per share. The transaction valued at 22,068 led to the insider holds 296,072 shares of the business.
Kenkare-Mitra Sara sold 23,890 shares of ALEC for $31,974 on Jun 02 ’25. The President and Head of R&D now owns 512,252 shares after completing the transaction at $1.34 per share. On Jun 02 ’25, another insider, Rosenthal Arnon, who serves as the Chief Executive Officer of the company, sold 52,087 shares for $1.34 each. As a result, the insider received 69,713 and left with 2,414,657 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 1.64.
Stock Price History:
Over the past 52 weeks, ALEC has reached a high of $6.78, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is 32.18%, while the 200-Day Moving Average is calculated to be -44.08%.
Shares Statistics:
A total of 99.99M shares are outstanding, with a floating share count of 75.60M. Insiders hold about 24.39% of the company’s shares, while institutions hold 66.72% stake in the company.
