In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Aligos Therapeutics Inc’s stock clocked out at $40.92, down -10.30% from its previous closing price of $45.62. In other words, the price has decreased by -$10.30 from its previous closing price. On the day, 0.5 million shares were traded. ALGS stock price reached its highest trading level at $46.25 during the session, while it also had its lowest trading level at $40.56.
Ratios:
To gain a deeper understanding of ALGS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 3.81. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 this company, H.C. Wainwright on August 19, 2024, initiated with a Buy rating and assigned the stock a target price of $75.
On January 06, 2023, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $2 to $3.
Jefferies Upgraded its Hold to Buy on January 06, 2023, whereas the target price for the stock was revised from $2.50 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALGS now has a Market Capitalization of 146816448 and an Enterprise Value of 81027544. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.47 while its Price-to-Book (P/B) ratio in mrq is 2.72. Its current Enterprise Value per Revenue stands at 13.511 whereas that against EBITDA is -0.874.
Stock Price History:
Over the past 52 weeks, ALGS has reached a high of $46.80, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is 61.28%, while the 200-Day Moving Average is calculated to be 138.41%.
Shares Statistics:
It appears that ALGS traded 411.47K shares on average per day over the past three months and 477790 shares per day over the past ten days. A total of 3.20M shares are outstanding, with a floating share count of 2.67M. Insiders hold about 25.51% of the company’s shares, while institutions hold 43.20% stake in the company. Shares short for ALGS as of 1734048000 were 457104 with a Short Ratio of 1.11, compared to 1731628800 on 291505. Therefore, it implies a Short% of Shares Outstanding of 457104 and a Short% of Float of 20.34.
