Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Alto Ingredients Inc’s stock clocked out at $1.95, up 2.63% from its previous closing price of $1.90. In other words, the price has increased by $2.63 from its previous closing price. On the day, 0.63 million shares were traded. ALTO stock price reached its highest trading level at $1.97 during the session, while it also had its lowest trading level at $1.88.
Ratios:
To gain a deeper understanding of ALTO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.36.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 01 ’23 when NATHAN GILBERT E bought 5,000 shares for $1.97 per share. The transaction valued at 9,850 led to the insider holds 583,909 shares of the business.
NATHAN GILBERT E bought 5,000 shares of ALTO for $9,950 on May 31 ’23. The Director now owns 578,909 shares after completing the transaction at $1.99 per share.
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 149426160 and an Enterprise Value of 223057184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.182 whereas that against EBITDA is 36.754.
Stock Price History:
Over the past 52 weeks, ALTO has reached a high of $4.97, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is -5.08%, while the 200-Day Moving Average is calculated to be -32.93%.
Shares Statistics:
It appears that ALTO traded 565.58K shares on average per day over the past three months and 403510 shares per day over the past ten days. A total of 75.70M shares are outstanding, with a floating share count of 71.46M. Insiders hold about 6.75% of the company’s shares, while institutions hold 43.32% stake in the company. Shares short for ALTO as of 1713139200 were 1040757 with a Short Ratio of 1.84, compared to 1710460800 on 1532686. Therefore, it implies a Short% of Shares Outstanding of 1040757 and a Short% of Float of 1.43.
