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In the latest session, Altimmune Inc (NASDAQ: ALT) closed at $6.80 down -1.45% from its previous closing price of $6.90. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 0.9 million shares were traded. ALT stock price reached its highest trading level at $6.96 during the session, while it also had its lowest trading level at $6.67.
Ratios:
For a deeper understanding of Altimmune Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.30 and its Current Ratio is at 11.30. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 19 ’24 when Drutz David sold 16,011 shares for $6.90 per share. The transaction valued at 110,547 led to the insider holds 41,958 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 483282816 and an Enterprise Value of 327343552. For the stock, the TTM Price-to-Sale (P/S) ratio is 1178.72 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 800.351 whereas that against EBITDA is -3.379.
Stock Price History:
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 0.93%, while the 200-Day Moving Average is calculated to be -13.87%.
Shares Statistics:
For the past three months, ALT has traded an average of 2.23M shares per day and 1689990 over the past ten days. A total of 70.68M shares are outstanding, with a floating share count of 70.48M. Insiders hold about 0.83% of the company’s shares, while institutions hold 59.48% stake in the company. Shares short for ALT as of 1727654400 were 22397958 with a Short Ratio of 10.03, compared to 1724976000 on 22002654. Therefore, it implies a Short% of Shares Outstanding of 22397958 and a Short% of Float of 31.6.
