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The closing price of Allogene Therapeutics Inc (NASDAQ: ALLO) was $2.63 for the day, down -1.13% from the previous closing price of $2.66. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 1.1 million shares were traded. ALLO stock price reached its highest trading level at $2.7201 during the session, while it also had its lowest trading level at $2.58.
Ratios:
Our analysis of ALLO’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 21 ’24 when Douglas Earl Martin bought 28,310 shares for $2.79 per share.
MESSEMER DEBORAH M. sold 18,641 shares of ALLO for $42,488 on Jun 18 ’24. The Director now owns 166,765 shares after completing the transaction at $2.28 per share. On May 30 ’24, another insider, Humer Franz B, who serves as the Director of the company, sold 11,200 shares for $2.34 each. As a result, the insider received 26,181 and left with 255,253 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 549964608 and an Enterprise Value of 199545280. For the stock, the TTM Price-to-Sale (P/S) ratio is 6110.66 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 3069.927 whereas that against EBITDA is -0.778.
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 0.67%, while the 200-Day Moving Average is calculated to be -18.28%.
Shares Statistics:
ALLO traded an average of 2.63M shares per day over the past three months and 1798060 shares per day over the past ten days. A total of 167.13M shares are outstanding, with a floating share count of 136.46M. Insiders hold about 34.74% of the company’s shares, while institutions hold 66.93% stake in the company. Shares short for ALLO as of 1723680000 were 39229292 with a Short Ratio of 14.93, compared to 1721001600 on 43225799. Therefore, it implies a Short% of Shares Outstanding of 39229292 and a Short% of Float of 26.41.
