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, Alx Oncology Holdings Inc’s stock clocked out at $1.86, up 3.91% from its previous closing price of $1.79. In other words, the price has increased by $3.91 from its previous closing price. On the day, 0.71 million shares were traded. ALXO stock price reached its highest trading level at $1.89 during the session, while it also had its lowest trading level at $1.76.
Ratios:
To gain a deeper understanding of ALXO’s stock, we examine its different ratios. 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:
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 Dec 30 ’24 when Pinto Shelly sold 1,426 shares for $1.58 per share. The transaction valued at 2,253 led to the insider holds 90,123 shares of the business.
Pons Jaume sold 10,796 shares of ALXO for $17,060 on Dec 30 ’24. The PRESIDENT & CSO now owns 580,714 shares after completing the transaction at $1.58 per share. On Dec 02 ’24, another insider, Hemrajani Rekha, who serves as the Director of the company, bought 30,000 shares for $1.55 each. As a result, the insider paid 46,404 and bolstered with 33,000 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 98102168 and an Enterprise Value of -33113826.
Stock Price History:
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 21.27%, while the 200-Day Moving Average is calculated to be -68.35%.
Shares Statistics:
It appears that ALXO traded 977.52K shares on average per day over the past three months and 1004140 shares per day over the past ten days. A total of 52.74M shares are outstanding, with a floating share count of 30.91M. Insiders hold about 41.39% of the company’s shares, while institutions hold 55.65% stake in the company. Shares short for ALXO as of 1734048000 were 8394637 with a Short Ratio of 8.59, compared to 1731628800 on 7225229. Therefore, it implies a Short% of Shares Outstanding of 8394637 and a Short% of Float of 27.58.
