Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.89 in the prior trading day, Alto Ingredients Inc (NASDAQ: ALTO) closed at $0.83, down -6.51%. In other words, the price has decreased by -$6.51 from its previous closing price. On the day, 0.67 million shares were traded. ALTO stock price reached its highest trading level at $0.8937 during the session, while it also had its lowest trading level at $0.825.
Ratios:
Our goal is to gain a better understanding of ALTO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.49.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 13 ’24 when NATHAN GILBERT E bought 25,000 shares for $1.34 per share. The transaction valued at 33,475 led to the insider holds 700,575 shares of the business.
NATHAN GILBERT E bought 5,000 shares of ALTO for $6,625 on Nov 13 ’24. The Director now owns 31,200 shares after completing the transaction at $1.32 per share. On Nov 12 ’24, another insider, McGregor Bryon T, who serves as the President & CEO of the company, bought 37,000 shares for $1.36 each. As a result, the insider paid 50,424 and bolstered with 834,265 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALTO now has a Market Capitalization of 63603284 and an Enterprise Value of 142803264. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 0.148 whereas that against EBITDA is 32.5.
Stock Price History:
The Beta on a monthly basis for ALTO is 1.61, which has changed by -0.5765306 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, ALTO has reached a high of $2.09, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -38.38%, while the 200-Day Moving Average is calculated to be -44.85%.
Shares Statistics:
The stock has traded on average 678.55K shares per day over the past 3-months and 685700 shares per day over the last 10 days, according to various share statistics. A total of 76.57M shares are outstanding, with a floating share count of 67.52M. Insiders hold about 11.87% of the company’s shares, while institutions hold 35.76% stake in the company. Shares short for ALTO as of 1743379200 were 1144686 with a Short Ratio of 1.69, compared to 1740700800 on 882009. Therefore, it implies a Short% of Shares Outstanding of 1144686 and a Short% of Float of 1.5700001000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
