Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Aligos Therapeutics Inc (NASDAQ: ALGS) closed at $5.50 in the last session, down -3.00% from day before closing price of $5.67. In other words, the price has decreased by -$3.00 from its previous closing price. On the day, 75983.0 shares were traded. ALGS stock price reached its highest trading level at $5.81 during the session, while it also had its lowest trading level at $5.33.
Ratios:
We take a closer look at ALGS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.56 and its Current Ratio is at 7.56. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 33631400 and an Enterprise Value of -96355592. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.28 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at -29.467 whereas that against EBITDA is 1.128.
Stock Price History:
The Beta on a monthly basis for ALGS is 2.74, which has changed by -0.6411093 over the last 52 weeks, in comparison to a change of 0.09362543 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 $3.76. The 50-Day Moving Average of the stock is -16.82%, while the 200-Day Moving Average is calculated to be -65.96%.
Shares Statistics:
According to the various share statistics, ALGS traded on average about 173.00K shares per day over the past 3-months and 184570 shares per day over the past 10 days. A total of 5.31M shares are outstanding, with a floating share count of 4.22M. Insiders hold about 31.01% of the company’s shares, while institutions hold 53.75% stake in the company. Shares short for ALGS as of 1745971200 were 835744 with a Short Ratio of 4.83, compared to 1743379200 on 823551. Therefore, it implies a Short% of Shares Outstanding of 835744 and a Short% of Float of 16.07.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
