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The price of Allogene Therapeutics Inc (NASDAQ: ALLO) closed at $2.99 in the last session, down -0.33% from day before closing price of $3.00. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 2.6 million shares were traded. ALLO stock price reached its highest trading level at $3.04 during the session, while it also had its lowest trading level at $2.88.
Ratios:
We take a closer look at ALLO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 12.25 and its Current Ratio is at 12.25. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.17.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $11.
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 Oct 21 ’24 when Parker Geoffrey M. bought 36,404 shares for $2.84 per share.
Douglas Earl Martin bought 28,310 shares of ALLO for $78,844 on Aug 21 ’24. On Jun 18 ’24, another insider, MESSEMER DEBORAH M., who serves as the Director of the company, sold 18,641 shares for $2.28 each. As a result, the insider received 42,488 and left with 166,765 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, ALLO now has a Market Capitalization of 625244864 and an Enterprise Value of 274825440. For the stock, the TTM Price-to-Sale (P/S) ratio is 6947.10 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 4228.084 whereas that against EBITDA is -1.071.
Stock Price History:
Over the past 52 weeks, ALLO has reached a high of $5.78, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 10.57%, while the 200-Day Moving Average is calculated to be -6.03%.
Shares Statistics:
According to the various share statistics, ALLO traded on average about 1.92M shares per day over the past 3-months and 2490450 shares per day over the past 10 days. A total of 167.13M shares are outstanding, with a floating share count of 138.20M. Insiders hold about 33.91% of the company’s shares, while institutions hold 66.88% stake in the company. Shares short for ALLO as of 1728950400 were 39318504 with a Short Ratio of 20.49, compared to 1726185600 on 39187976. Therefore, it implies a Short% of Shares Outstanding of 39318504 and a Short% of Float of 26.47.
