For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Alto Ingredients Inc (NASDAQ: ALTO) closed at $1.71 in the last session, up 2.40% from day before closing price of $1.67. In other words, the price has increased by $2.40 from its previous closing price. On the day, 1.02 million shares were traded. ALTO stock price reached its highest trading level at $1.77 during the session, while it also had its lowest trading level at $1.61.
Ratios:
We take a closer look at ALTO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.01. 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:
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 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 131066376 and an Enterprise Value of 197932528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.197 whereas that against EBITDA is -309.27.
Stock Price History:
The Beta on a monthly basis for ALTO is 1.86, which has changed by -0.13471502 over the last 52 weeks, in comparison to a change of 0.23883796 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 10.37%, while the 200-Day Moving Average is calculated to be 7.74%.
Shares Statistics:
According to the various share statistics, ALTO traded on average about 928.95K shares per day over the past 3-months and 797900 shares per day over the past 10 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 36.77% stake in the company. Shares short for ALTO as of 1735603200 were 529992 with a Short Ratio of 0.57, compared to 1732838400 on 729589. Therefore, it implies a Short% of Shares Outstanding of 529992 and a Short% of Float of 0.73.
