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The closing price of Allakos Inc (NASDAQ: ALLK) was $0.71 for the day, up 0.84% from the previous closing price of $0.70. In other words, the price has increased by $0.84 from its previous closing price. On the day, 0.16 million shares were traded. ALLK stock price reached its highest trading level at $0.7449 during the session, while it also had its lowest trading level at $0.7089.
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 3.57 and its Current Ratio is at 3.57. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.44.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 28 ’24 when Radford Harlan Baird sold 87,064 shares for $1.01 per share. The transaction valued at 87,935 led to the insider holds 204,390 shares of the business.
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 62986260 and an Enterprise Value of -20400730.
Stock Price History:
Over the past 52 weeks, ALLK has reached a high of $3.40, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -14.09%, while the 200-Day Moving Average is calculated to be -50.18%.
Shares Statistics:
ALLK traded an average of 577.11K shares per day over the past three months and 380080 shares per day over the past ten days. A total of 87.75M shares are outstanding, with a floating share count of 75.97M. Insiders hold about 14.50% of the company’s shares, while institutions hold 74.26% stake in the company. Shares short for ALLK as of 1723680000 were 2313140 with a Short Ratio of 4.01, compared to 1721001600 on 2924370. Therefore, it implies a Short% of Shares Outstanding of 2313140 and a Short% of Float of 3.6999999999999997.
