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The price of Altimmune Inc (NASDAQ: ALT) closed at $7.57 in the last session, down -0.13% from day before closing price of $7.58. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 2.6 million shares were traded. ALT stock price reached its highest trading level at $7.94 during the session, while it also had its lowest trading level at $7.4609.
Ratios:
We take a closer look at ALT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 11.30 and its Current Ratio is at 11.30. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On January 24, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $13.
Goldman Downgraded its Buy to Neutral on March 22, 2023, whereas the target price for the stock was revised from $20 to $6.
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 Aug 19 ’24 when Drutz David sold 16,011 shares for $6.90 per share. The transaction valued at 110,547 led to the insider holds 41,958 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALT now has a Market Capitalization of 538717568 and an Enterprise Value of 374961088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1312.19 while its Price-to-Book (P/B) ratio in mrq is 3.53. Its current Enterprise Value per Revenue stands at 916.775 whereas that against EBITDA is -3.87.
Stock Price History:
Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 12.88%, while the 200-Day Moving Average is calculated to be -5.76%.
Shares Statistics:
According to the various share statistics, ALT traded on average about 3.35M shares per day over the past 3-months and 2581780 shares per day over the past 10 days. A total of 70.68M shares are outstanding, with a floating share count of 70.48M. Insiders hold about 0.83% of the company’s shares, while institutions hold 60.20% stake in the company. Shares short for ALT as of 1724976000 were 22002654 with a Short Ratio of 6.56, compared to 1722384000 on 22243135. Therefore, it implies a Short% of Shares Outstanding of 22002654 and a Short% of Float of 31.04.
