Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Alx Oncology Holdings Inc (NASDAQ: ALXO) was $1.51 for the day, down -7.06% from the previous closing price of $1.63. In other words, the price has decreased by -$7.06 from its previous closing price. On the day, 1.45 million shares were traded. ALXO stock price reached its highest trading level at $1.55 during the session, while it also had its lowest trading level at $1.45.
Ratios:
Our analysis of ALXO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.82 and its Current Ratio is at 4.82. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 December 19, 2024, Downgraded its rating to Hold and sets its target price to $2 from $12 previously.
On March 08, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also upped its target price recommendation from $10 to $14.
Jefferies Upgraded its Hold to Buy on December 08, 2023, whereas the target price for the stock was revised from $8 to $18.
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 Jan 06 ’25 when Pinto Shelly sold 2,221 shares for $1.80 per share. The transaction valued at 3,998 led to the insider holds 87,902 shares of the business.
Pinto Shelly sold 1,426 shares of ALXO for $2,253 on Dec 30 ’24. The Interim CFO now owns 90,123 shares after completing the transaction at $1.58 per share. On Dec 30 ’24, another insider, Pons Jaume, who serves as the PRESIDENT & CSO of the company, sold 10,796 shares for $1.58 each. As a result, the insider received 17,060 and left with 580,714 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, ALXO now has a Market Capitalization of 79905792 and an Enterprise Value of -51310196.
Stock Price History:
The Beta on a monthly basis for ALXO is 0.97, which has changed by -0.8987976 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, ALXO has reached a high of $17.83, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is -4.23%, while the 200-Day Moving Average is calculated to be -71.64%.
Shares Statistics:
ALXO traded an average of 1.12M shares per day over the past three months and 1466850 shares per day over the past ten days. A total of 52.74M shares are outstanding, with a floating share count of 30.92M. Insiders hold about 41.38% of the company’s shares, while institutions hold 55.64% stake in the company. Shares short for ALXO as of 1735603200 were 7599378 with a Short Ratio of 6.80, compared to 1732838400 on 7171358. Therefore, it implies a Short% of Shares Outstanding of 7599378 and a Short% of Float of 24.97.
