Market Insights: Altimmune Inc (ALT)’s Notable Gain of 0.29, Closing at 6.95

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As of close of business last night, Altimmune Inc’s stock clocked out at $6.95, up 0.29% from its previous closing price of $6.93. In other words, the price has increased by $0.29 from its previous closing price. On the day, 2.92 million shares were traded. ALT stock price reached its highest trading level at $7.175 during the session, while it also had its lowest trading level at $6.85.

Ratios:

To gain a deeper understanding of ALT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.87 and its Current Ratio is at 16.87. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, Stifel on January 08, 2025, initiated with a Buy rating and assigned the stock a target price of $18.

On November 12, 2024, UBS started tracking the stock assigning a Buy rating and target price of $26.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 19 ’24 when Drutz David sold 16,011 shares for $6.90 per share. The transaction valued at 110,547 led to the insider holds 41,958 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 494315968 and an Enterprise Value of 356709152. For the stock, the TTM Price-to-Sale (P/S) ratio is 9886.25 while its Price-to-Book (P/B) ratio in mrq is 3.71. Its current Enterprise Value per Revenue stands at 6859.791 whereas that against EBITDA is -3.596.

Stock Price History:

The Beta on a monthly basis for ALT is 0.17, which has changed by -0.29858297 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $5.28. The 50-Day Moving Average of the stock is -11.62%, while the 200-Day Moving Average is calculated to be -2.95%.

Shares Statistics:

It appears that ALT traded 3.31M shares on average per day over the past three months and 1983290 shares per day over the past ten days. A total of 71.12M shares are outstanding, with a floating share count of 70.53M. Insiders hold about 0.84% of the company’s shares, while institutions hold 56.01% stake in the company. Shares short for ALT as of 1736899200 were 24593816 with a Short Ratio of 7.43, compared to 1734048000 on 23854914. Therefore, it implies a Short% of Shares Outstanding of 24593816 and a Short% of Float of 34.669998.

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