Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Alto Ingredients Inc (NASDAQ: ALTO) was $1.50 for the day, up 0.67% from the previous closing price of $1.49. In other words, the price has increased by $0.67 from its previous closing price. On the day, 0.64 million shares were traded. ALTO stock price reached its highest trading level at $1.56 during the session, while it also had its lowest trading level at $1.47.
Ratios:
Our analysis of ALTO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.22. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 3.22. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 13 ’24 when NATHAN GILBERT E bought 25,000 shares for $1.34 per share. The transaction valued at 33,475 led to the insider holds 700,575 shares of the business.
NATHAN GILBERT E bought 5,000 shares of ALTO for $6,625 on Nov 13 ’24. The Director now owns 31,200 shares after completing the transaction at $1.32 per share. On Nov 12 ’24, another insider, McGregor Bryon T, who serves as the President & CEO of the company, bought 37,000 shares for $1.36 each. As a result, the insider paid 50,424 and bolstered with 834,265 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, ALTO now has a Market Capitalization of 114970496 and an Enterprise Value of 184902528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 0.184 whereas that against EBITDA is -288.91.
Stock Price History:
The Beta on a monthly basis for ALTO is 1.75, which has changed by -0.23195875 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, ALTO has reached a high of $2.40, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -5.63%, while the 200-Day Moving Average is calculated to be -4.28%.
Shares Statistics:
ALTO traded an average of 766.42K shares per day over the past three months and 387070 shares per day over the past ten days. A total of 76.62M shares are outstanding, with a floating share count of 72.72M. Insiders hold about 5.13% of the company’s shares, while institutions hold 37.43% stake in the company. Shares short for ALTO as of 1736899200 were 622030 with a Short Ratio of 0.81, compared to 1734048000 on 585330. Therefore, it implies a Short% of Shares Outstanding of 622030 and a Short% of Float of 0.8500000000000001.
