As of close of business last night, Allakos Inc’s stock clocked out at $1.26, down -1.56% from its previous closing price of $1.28. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 524912 shares were traded.
Ratios:
To gain a deeper understanding of ALLK’s stock, we examine its different ratios. 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 110.72M and an Enterprise Value of -18.61M.
Stock Price History:
Over the past 52 weeks, ALLK has reached a high of $5.64, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 1.3226, while the 200-Day Moving Average is calculated to be 2.6452.
Shares Statistics:
It appears that ALLK traded 1.51M shares on average per day over the past three months and 573.9k 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 Mar 15, 2024 were 5.6M with a Short Ratio of 3.72, compared to 5.04M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.37% and a Short% of Float of 8.35%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.44 for the current quarter, with a high estimate of -$0.36 and a low estimate of -$0.6, while EPS last year was -$0.49. The consensus estimate for the next quarter is -$0.34, with high estimates of -$0.23 and low estimates of -$0.58.
Analysts are recommending an EPS of between -$0.95 and -$1.58 for the fiscal current year, implying an average EPS of -$1.19. EPS for the following year is -$0.7, with 7 analysts recommending between -$0.44 and -$1.
