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The price of Altimmune Inc (NASDAQ: ALT) closed at $8.10 in the last session, up 2.53% from day before closing price of $7.90. In other words, the price has increased by $2.53 from its previous closing price. On the day, 2.62 million shares were traded. ALT stock price reached its highest trading level at $8.26 during the session, while it also had its lowest trading level at $7.7502.
Ratios:
We take a closer look at ALT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 16.55 and its Current Ratio is at 16.55. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 574307840 and an Enterprise Value of 392835744. For the stock, the TTM Price-to-Sale (P/S) ratio is 1400.71 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 958.136 whereas that against EBITDA is -4.46.
Stock Price History:
The Beta on a monthly basis for ALT is 0.12, which has changed by 1.53125 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, 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 13.76%, while the 200-Day Moving Average is calculated to be 13.46%.
Shares Statistics:
According to the various share statistics, ALT traded on average about 3.61M shares per day over the past 3-months and 3044940 shares per day over the past 10 days. A total of 70.68M shares are outstanding, with a floating share count of 70.34M. Insiders hold about 0.79% of the company’s shares, while institutions hold 56.59% stake in the company. Shares short for ALT as of 1719532800 were 22240848 with a Short Ratio of 6.16, compared to 1717113600 on 23473600. Therefore, it implies a Short% of Shares Outstanding of 22240848 and a Short% of Float of 31.61.
