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After finishing at $7.20 in the prior trading day, Altimmune Inc (NASDAQ: ALT) closed at $6.74, down -6.39%. In other words, the price has decreased by -$6.39 from its previous closing price. On the day, 3.45 million shares were traded. ALT stock price reached its highest trading level at $7.47 during the session, while it also had its lowest trading level at $6.71.
Ratios:
Our goal is to gain a better understanding of ALT by taking a closer look at its different ratios. 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:
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 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 510495680 and an Enterprise Value of 296408768. For the stock, the TTM Price-to-Sale (P/S) ratio is 1165.53 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 722.948 whereas that against EBITDA is -3.365.
Stock Price History:
The Beta on a monthly basis for ALT is 0.12, which has changed by 0.982353 over the last 52 weeks, in comparison to a change of 0.23886502 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 -5.02%, while the 200-Day Moving Average is calculated to be -2.84%.
Shares Statistics:
The stock has traded on average 3.59M shares per day over the past 3-months and 7604260 shares per day over the last 10 days, according to various share statistics. A total of 70.68M shares are outstanding, with a floating share count of 70.35M. Insiders hold about 0.78% of the company’s shares, while institutions hold 62.72% stake in the company. Shares short for ALT as of 1718323200 were 23143297 with a Short Ratio of 6.45, compared to 1715731200 on 23064510. Therefore, it implies a Short% of Shares Outstanding of 23143297 and a Short% of Float of 32.900003.
