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The price of Alto Ingredients Inc (NASDAQ: ALTO) closed at $1.86 in the last session, down -1.59% from day before closing price of $1.89. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 0.72 million shares were traded. ALTO stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.86.
Ratios:
We take a closer look at ALTO’s different ratios to gain a better understanding of the stock. 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:
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 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 142531232 and an Enterprise Value of 216244368. 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 0.50. Its current Enterprise Value per Revenue stands at 0.177 whereas that against EBITDA is 35.631.
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 $1.20. The 50-Day Moving Average of the stock is -10.30%, while the 200-Day Moving Average is calculated to be -36.65%.
Shares Statistics:
According to the various share statistics, ALTO traded on average about 557.07K shares per day over the past 3-months and 348630 shares per day over the past 10 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 43.10% stake in the company. Shares short for ALTO as of 1713139200 were 1040757 with a Short Ratio of 1.87, compared to 1710460800 on 1532686. Therefore, it implies a Short% of Shares Outstanding of 1040757 and a Short% of Float of 1.43.
