Allakos Inc (NASDAQ: ALLK) closed the day trading at $1.35 up 4.65% from the previous closing price of $1.29. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 517308 shares were traded.
Ratios:
For a better understanding of ALLK, let’s look at 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 119.51M and an Enterprise Value of -9.82M.
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 1.3850, while the 200-Day Moving Average is calculated to be 2.7166.
Shares Statistics:
Over the past 3-months, ALLK traded about 1.58M shares per day on average, while over the past 10 days, ALLK traded about 639.64k shares per day. 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 3.49, 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
Current recommendations for the stock of the company come from 7 analysts. 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.
