Insider’s View: Deciphering Altimmune Inc (ALT)’s Financial Health Through Ratios

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The price of Altimmune Inc (NASDAQ: ALT) closed at $6.41 in the last session, up 7.91% from day before closing price of $5.94. In other words, the price has increased by $7.91 from its previous closing price. On the day, 10.9 million shares were traded. ALT stock price reached its highest trading level at $6.755 during the session, while it also had its lowest trading level at $5.99.

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 16.55 and its Current Ratio is at 16.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 15 ’23 when Drutz David bought 300 shares for $2.88 per share. The transaction valued at 862 led to the insider holds 29,785 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 454483104 and an Enterprise Value of 273011040. For the stock, the TTM Price-to-Sale (P/S) ratio is 1108.46 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 665.881 whereas that against EBITDA is -3.099.

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 -11.16%, while the 200-Day Moving Average is calculated to be -5.56%.

Shares Statistics:

According to the various share statistics, ALT traded on average about 3.08M shares per day over the past 3-months and 3573200 shares per day over the past 10 days. A total of 70.68M shares are outstanding, with a floating share count of 70.35M. Insiders hold about 0.78% of the company’s shares, while institutions hold 62.72% stake in the company. Shares short for ALT as of 1715731200 were 23064510 with a Short Ratio of 7.63, compared to 1713139200 on 20369893. Therefore, it implies a Short% of Shares Outstanding of 23064510 and a Short% of Float of 32.779998.

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