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.
As of close of business last night, Altimmune Inc’s stock clocked out at $7.30, up 1.53% from its previous closing price of $7.19. In other words, the price has increased by $1.53 from its previous closing price. On the day, 2.02 million shares were traded. ALT stock price reached its highest trading level at $7.63 during the session, while it also had its lowest trading level at $7.19.
Ratios:
To gain a deeper understanding of ALT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.25 and its Current Ratio is at 17.25. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 24, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $13.
Goldman Downgraded its Buy to Neutral on March 22, 2023, whereas the target price for the stock was revised from $20 to $6.
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 Aug 15 ’23 when Drutz David bought 300 shares for $2.88 per share. The transaction valued at 862 led to the insider holds 29,785 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, ALT now has a Market Capitalization of 517535680 and an Enterprise Value of 320391584. For the stock, the TTM Price-to-Sale (P/S) ratio is 1203.65 while its Price-to-Book (P/B) ratio in mrq is 2.66. Its current Enterprise Value per Revenue stands at 752.093 whereas that against EBITDA is -3.859.
Stock Price History:
The Beta on a monthly basis for ALT is 0.09, which has changed by 0.46138215 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is -19.93%, while the 200-Day Moving Average is calculated to be 20.11%.
Shares Statistics:
It appears that ALT traded 4.68M shares on average per day over the past three months and 3080170 shares per day over the past ten days. A total of 70.68M shares are outstanding, with a floating share count of 70.17M. Insiders hold about 1.02% of the company’s shares, while institutions hold 62.57% stake in the company. Shares short for ALT as of 1713139200 were 20369893 with a Short Ratio of 4.36, compared to 1710460800 on 12511448. Therefore, it implies a Short% of Shares Outstanding of 20369893 and a Short% of Float of 28.959998.
