The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Aligos Therapeutics Inc’s stock clocked out at $34.24, up 8.32% from its previous closing price of $31.61. In other words, the price has increased by $8.32 from its previous closing price. On the day, 0.22 million shares were traded. ALGS stock price reached its highest trading level at $34.34 during the session, while it also had its lowest trading level at $31.505.
Ratios:
To gain a deeper understanding of ALGS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 3.81. In the meantime, Its Debt-to-Equity ratio is 0.18 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 this company, H.C. Wainwright on August 19, 2024, initiated with a Buy rating and assigned the stock a target price of $75.
On January 06, 2023, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $2 to $3.
Jefferies Upgraded its Hold to Buy on January 06, 2023, whereas the target price for the stock was revised from $2.50 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALGS now has a Market Capitalization of 122849360 and an Enterprise Value of 57060424. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.47 while its Price-to-Book (P/B) ratio in mrq is 2.27. Its current Enterprise Value per Revenue stands at 9.515 whereas that against EBITDA is -0.616.
Stock Price History:
The Beta on a monthly basis for ALGS is 2.51, which has changed by 1.0111601 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, ALGS has reached a high of $46.80, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is 19.10%, while the 200-Day Moving Average is calculated to be 95.89%.
Shares Statistics:
It appears that ALGS traded 454.48K shares on average per day over the past three months and 383200 shares per day over the past ten days. A total of 3.20M shares are outstanding, with a floating share count of 2.64M. Insiders hold about 26.29% of the company’s shares, while institutions hold 43.21% stake in the company. Shares short for ALGS as of 1735603200 were 597297 with a Short Ratio of 1.31, compared to 1732838400 on 283759. Therefore, it implies a Short% of Shares Outstanding of 597297 and a Short% of Float of 26.58.
