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After finishing at $1.64 in the prior trading day, Alector Inc (NASDAQ: ALEC) closed at $1.41, down -14.02%. In other words, the price has decreased by -$14.02 from its previous closing price. On the day, 2.37 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ALEC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.40 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.27.
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, Mizuho on December 17, 2024, Downgraded its rating to Neutral and sets its target price to $2.50 from $9 previously.
On December 16, 2024, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.
BofA Securities Downgraded its Neutral to Underperform on December 04, 2024, whereas the target price for the stock was revised from $9 to $1.
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 Mar 03 ’25 when Arnon Rosenthal bought 50,242 shares for $1.64 per share.
Gary Romano bought 14,306 shares of ALEC for $23,462 on Mar 03 ’25. On Mar 03 ’25, another insider, Sara Kenkare-Mitra, who serves as the Officer of the company, bought 25,516 shares for $1.64 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 1.10.
Stock Price History:
Over the past 52 weeks, ALEC has reached a high of $7.57, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -20.14%, while the 200-Day Moving Average is calculated to be -65.14%.
Shares Statistics:
A total of 99.09M shares are outstanding, with a floating share count of 74.55M. Insiders hold about 24.77% of the company’s shares, while institutions hold 68.31% stake in the company.
