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As of close of business last night, Allogene Therapeutics Inc’s stock clocked out at $3.50, up 17.45% from its previous closing price of $2.98. In other words, the price has increased by $17.45 from its previous closing price. On the day, 8.96 million shares were traded. ALLO stock price reached its highest trading level at $3.66 during the session, while it also had its lowest trading level at $3.0.
Ratios:
To gain a deeper understanding of ALLO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.80 and its Current Ratio is at 12.80. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 this company, Piper Sandler on May 31, 2024, initiated with a Overweight rating and assigned the stock a target price of $11.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 18 ’24 when MESSEMER DEBORAH M. sold 18,641 shares for $2.28 per share. The transaction valued at 42,488 led to the insider holds 166,765 shares of the business.
Humer Franz B sold 11,200 shares of ALLO for $26,181 on May 30 ’24. The Director now owns 255,253 shares after completing the transaction at $2.34 per share. On May 16 ’24, another insider, Belldegrun Arie, who serves as the Director of the company, bought 1,724,137 shares for $2.90 each. As a result, the insider paid 4,999,997 and bolstered with 1,724,137 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, ALLO now has a Market Capitalization of 730744000 and an Enterprise Value of 308972832. For the stock, the TTM Price-to-Sale (P/S) ratio is 5621.00 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 3551.412 whereas that against EBITDA is -1.142.
Stock Price History:
The Beta on a monthly basis for ALLO is 0.89, which has changed by -0.35304993 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, ALLO has reached a high of $5.78, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 36.91%, while the 200-Day Moving Average is calculated to be 7.19%.
Shares Statistics:
It appears that ALLO traded 2.78M shares on average per day over the past three months and 3090100 shares per day over the past ten days. A total of 208.78M shares are outstanding, with a floating share count of 136.69M. Insiders hold about 34.53% of the company’s shares, while institutions hold 50.45% stake in the company. Shares short for ALLO as of 1719532800 were 41384695 with a Short Ratio of 14.89, compared to 1717113600 on 40567051. Therefore, it implies a Short% of Shares Outstanding of 41384695 and a Short% of Float of 27.92.
