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After finishing at $37.53 in the prior trading day, Alkami Technology Inc (NASDAQ: ALKT) closed at $35.90, down -4.34%. In other words, the price has decreased by -$4.34 from its previous closing price. On the day, 0.54 million shares were traded. ALKT stock price reached its highest trading level at $37.915 during the session, while it also had its lowest trading level at $35.79.
Ratios:
Our goal is to gain a better understanding of ALKT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 667.17. For the most recent quarter (mrq), Quick Ratio is recorded 3.27 and its Current Ratio is at 3.27. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, Goldman on January 23, 2024, Downgraded its rating to Neutral and sets its target price to $27 from $23 previously.
On December 07, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $22 to $24.
On July 12, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $21.Goldman initiated its Buy rating on July 12, 2023, with a $21 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when HILL W BRYAN sold 100,000 shares for $39.77 per share. The transaction valued at 3,976,850 led to the insider holds 353,841 shares of the business.
W. Bryan Hill bought 200,000 shares of ALKT for $7,922,000 on Dec 16 ’24. On Dec 12 ’24, another insider, Linebarger Douglas A., who serves as the Chief Legal Officer of the company, sold 50,000 shares for $40.05 each. As a result, the insider received 2,002,435 and left with 191,668 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, ALKT now has a Market Capitalization of 3607842560 and an Enterprise Value of 3525544960. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.63 while its Price-to-Book (P/B) ratio in mrq is 10.66. Its current Enterprise Value per Revenue stands at 11.172 whereas that against EBITDA is -80.83.
Stock Price History:
The Beta on a monthly basis for ALKT is 0.48, which has changed by 0.507229 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, ALKT has reached a high of $42.29, while it has fallen to a 52-week low of $22.65. The 50-Day Moving Average of the stock is -6.49%, while the 200-Day Moving Average is calculated to be 14.13%.
Shares Statistics:
The stock has traded on average 845.85K shares per day over the past 3-months and 552500 shares per day over the last 10 days, according to various share statistics. A total of 100.50M shares are outstanding, with a floating share count of 64.12M. Insiders hold about 36.20% of the company’s shares, while institutions hold 46.99% stake in the company. Shares short for ALKT as of 1734048000 were 1149447 with a Short Ratio of 1.36, compared to 1731628800 on 847879. Therefore, it implies a Short% of Shares Outstanding of 1149447 and a Short% of Float of 2.4.
