Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
Allakos Inc (NASDAQ: ALLK) closed the day trading at $1.16 down -6.45% from the previous closing price of $1.24. In other words, the price has decreased by -$6.45 from its previous closing price. On the day, 1.23 million shares were traded. ALLK stock price reached its highest trading level at $1.2501 during the session, while it also had its lowest trading level at $1.15.
Ratios:
For a better understanding of ALLK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.08 and its Current Ratio is at 6.08. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.49.
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 the company, Jefferies on January 17, 2024, Downgraded its rating to Hold and sets its target price to $1.50 from $6 previously.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’24 when Tomasi Adam bought 21,116 shares for $1.10 per share.
Radford Harlan Baird bought 13,138 shares of ALLK for $14,447 on Dec 06 ’24. On Dec 05 ’24, another insider, Alexander Robert, who serves as the Officer of the company, bought 32,466 shares for $1.10 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLK now has a Market Capitalization of 103638576 and an Enterprise Value of 49925616.
Stock Price History:
Over the past 52 weeks, ALLK has reached a high of $3.36, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is -0.33%, while the 200-Day Moving Average is calculated to be 16.09%.
Shares Statistics:
Over the past 3-months, ALLK traded about 667.64K shares per day on average, while over the past 10 days, ALLK traded about 481650 shares per day. A total of 89.34M shares are outstanding, with a floating share count of 77.07M. Insiders hold about 13.74% of the company’s shares, while institutions hold 68.30% stake in the company. Shares short for ALLK as of 1734048000 were 842748 with a Short Ratio of 1.26, compared to 1731628800 on 1392927. Therefore, it implies a Short% of Shares Outstanding of 842748 and a Short% of Float of 1.34000005.
