The price of Allakos Inc (NASDAQ: ALLK) closed at $1.45 in the last session, down -11.89% from day before closing price of $1.64. In other words, the price has decreased by -$0.1950 from its previous closing price. On the day, 547137 shares were traded.
Ratios:
We take a closer look at ALLK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.31 and its Current Ratio is at 9.31. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
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 142.59M and an Enterprise Value of -9.55M.
Stock Price History:
Over the past 52 weeks, ALLK has reached a high of $6.74, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 1.8290, while the 200-Day Moving Average is calculated to be 2.9845.
Shares Statistics:
According to the various share statistics, ALLK traded on average about 1.73M shares per day over the past 3-months and 864.69k shares per day over the past 10 days. A total of 85.39M shares are outstanding, with a floating share count of 71.41M. Insiders hold about 18.36% of the company’s shares, while institutions hold 73.98% stake in the company. Shares short for ALLK as of Feb 15, 2024 were 5.04M with a Short Ratio of 2.91, compared to 4.55M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.76% and a Short% of Float of 7.56%.
Earnings Estimates
The company has 9 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.47 for the current quarter, with a high estimate of -$0.25 and a low estimate of -$0.56, while EPS last year was -$0.5. The consensus estimate for the next quarter is -$0.5, with high estimates of -$0.34 and low estimates of -$0.64.
Analysts are recommending an EPS of between -$1.68 and -$1.99 for the fiscal current year, implying an average EPS of -$1.9. EPS for the following year is -$1.37, with 9 analysts recommending between -$0.92 and -$2.21.
