The closing price of Allakos Inc (NASDAQ: ALLK) was $1.31 for the day, up 0.38% from the previous closing price of $1.30. In other words, the price has increased by $+0.0050 from its previous closing price. On the day, 682344 shares were traded.
Ratios:
Our analysis of ALLK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.92 and its Current Ratio is at 4.92. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.23.
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, Jefferies on January 17, 2024, Downgraded its rating to Hold and sets its target price to $1.50 from $6 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLK now has a Market Capitalization of 114.16M and an Enterprise Value of -15.17M.
Stock Price History:
Over the past 52 weeks, ALLK has reached a high of $5.66, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 1.5558, while the 200-Day Moving Average is calculated to be 2.8110.
Shares Statistics:
ALLK traded an average of 1.66M shares per day over the past three months and 675.98k shares per day over the past ten days. A total of 87.75M shares are outstanding, with a floating share count of 71.88M. Insiders hold about 18.20% of the company’s shares, while institutions hold 73.64% stake in the company. Shares short for ALLK as of Feb 29, 2024 were 5.5M with a Short Ratio of 3.32, compared to 4.73M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.29% and a Short% of Float of 8.25%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of -$0.47 for the current quarter, with a high estimate of -$0.34 and a low estimate of -$0.64, while EPS last year was -$0.49. The consensus estimate for the next quarter is -$0.34, with high estimates of -$0.19 and low estimates of -$0.59.
Analysts are recommending an EPS of between -$0.92 and -$1.63 for the fiscal current year, implying an average EPS of -$1.25. EPS for the following year is -$0.7, with 8 analysts recommending between -$0.26 and -$1.02.
