Market Insight: Alto Ingredients Inc (ALTO)’s Notable Drop, Closing at 1.44

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In the latest session, Alto Ingredients Inc (NASDAQ: ALTO) closed at $1.44 down -1.37% from its previous closing price of $1.46. In other words, the price has decreased by -$1.37 from its previous closing price. On the day, 0.61 million shares were traded. ALTO stock price reached its highest trading level at $1.52 during the session, while it also had its lowest trading level at $1.4301.

Ratios:

For a deeper understanding of Alto Ingredients Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 3.09. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.41.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALTO now has a Market Capitalization of 110141432 and an Enterprise Value of 196817120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 0.184 whereas that against EBITDA is -51.415.

Stock Price History:

Over the past 52 weeks, ALTO has reached a high of $4.97, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is -1.81%, while the 200-Day Moving Average is calculated to be -30.09%.

Shares Statistics:

For the past three months, ALTO has traded an average of 431.17K shares per day and 534440 over the past ten days. A total of 75.70M shares are outstanding, with a floating share count of 72.70M. Insiders hold about 4.95% of the company’s shares, while institutions hold 37.97% stake in the company. Shares short for ALTO as of 1722384000 were 909402 with a Short Ratio of 2.11, compared to 1719532800 on 900956. Therefore, it implies a Short% of Shares Outstanding of 909402 and a Short% of Float of 1.25.

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