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After finishing at $1.37 in the prior trading day, Allakos Inc (NASDAQ: ALLK) closed at $1.30, down -5.11%. In other words, the price has decreased by -$5.11 from its previous closing price. On the day, 0.34 million shares were traded. ALLK stock price reached its highest trading level at $1.3 during the session, while it also had its lowest trading level at $1.25.
Ratios:
Our goal is to gain a better understanding of ALLK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.08 and its Current Ratio is at 6.08. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.49.
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, Jefferies on January 17, 2024, Downgraded its rating to Hold and sets its target price to $1.50 from $6 previously.
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 Sep 11 ’24 when Alexander Robert bought 37,311 shares for $0.58 per share.
Lee Chin Hyok bought 45,320 shares of ALLK for $29,336 on Sep 09 ’24. On Sep 06 ’24, another insider, Radford Harlan Baird, who serves as the Officer of the company, bought 13,665 shares for $0.64 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLK now has a Market Capitalization of 116146672 and an Enterprise Value of 62433724.
Stock Price History:
Over the past 52 weeks, ALLK has reached a high of $3.40, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is 51.82%, while the 200-Day Moving Average is calculated to be 24.83%.
Shares Statistics:
The stock has traded on average 617.35K shares per day over the past 3-months and 520780 shares per day over the last 10 days, according to various share statistics. A total of 87.75M shares are outstanding, with a floating share count of 76.54M. Insiders hold about 14.33% of the company’s shares, while institutions hold 74.98% stake in the company. Shares short for ALLK as of 1730332800 were 1711669 with a Short Ratio of 2.77, compared to 1727654400 on 1985704. Therefore, it implies a Short% of Shares Outstanding of 1711669 and a Short% of Float of 2.7199999999999998.
