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The price of Allogene Therapeutics Inc (NASDAQ: ALLO) closed at $2.89 in the last session, up 1.23% from day before closing price of $2.86. In other words, the price has increased by $1.23 from its previous closing price. On the day, 2.45 million shares were traded. ALLO stock price reached its highest trading level at $2.93 during the session, while it also had its lowest trading level at $2.75.
Ratios:
We take a closer look at ALLO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 12.58 and its Current Ratio is at 12.58. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
On December 08, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $7.Citigroup initiated its Buy rating on December 08, 2023, with a $7 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 30 ’24 when Parker Geoffrey M. bought 190 shares for $3.60 per share. The transaction valued at 683 led to the insider holds 819,590 shares of the business.
MESSEMER DEBORAH M. sold 18,640 shares of ALLO for $50,317 on Dec 18 ’23. The Director now owns 62,456 shares after completing the transaction at $2.70 per share. On Aug 07 ’23, another insider, Mayo Stephen, who serves as the Director of the company, sold 10,000 shares for $4.29 each. As a result, the insider received 42,855 and left with 25,328 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, ALLO now has a Market Capitalization of 493389504 and an Enterprise Value of 135099856. For the stock, the TTM Price-to-Sale (P/S) ratio is 3083.63 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 1422.104 whereas that against EBITDA is -0.45.
Stock Price History:
The Beta on a monthly basis for ALLO is 0.89, which has changed by -0.477396 over the last 52 weeks, in comparison to a change of 0.22363698 over the same period for the S&P500. Over the past 52 weeks, ALLO has reached a high of $6.89, while it has fallen to a 52-week low of $2.23. The 50-Day Moving Average of the stock is -33.85%, while the 200-Day Moving Average is calculated to be -22.71%.
Shares Statistics:
According to the various share statistics, ALLO traded on average about 2.29M shares per day over the past 3-months and 1947570 shares per day over the past 10 days. A total of 170.72M shares are outstanding, with a floating share count of 105.75M. Insiders hold about 38.07% of the company’s shares, while institutions hold 60.20% stake in the company. Shares short for ALLO as of 1713139200 were 31360608 with a Short Ratio of 13.69, compared to 1710460800 on 27749018. Therefore, it implies a Short% of Shares Outstanding of 31360608 and a Short% of Float of 28.54.
Earnings Estimates
Current recommendations for the stock of the company come from 15.0 analysts. On average, analysts expect EPS of -$0.41 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.64, while EPS last year was -$0.68. The consensus estimate for the next quarter is -$0.4, with high estimates of -$0.23 and low estimates of -$0.54.
Analysts are recommending an EPS of between -$0.91 and -$2.1 for the fiscal current year, implying an average EPS of -$1.65. EPS for the following year is -$1.57, with 14.0 analysts recommending between -$0.24 and -$2.2.
