Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Alector Inc (NASDAQ: ALEC) closed at $1.02 in the last session, down -6.42% from day before closing price of $1.09. In other words, the price has decreased by -$6.42 from its previous closing price. On the day, 0.82 million shares were traded. ALEC stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $1.01.
Ratios:
We take a closer look at ALEC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.40 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.27.
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, Mizuho on December 17, 2024, Downgraded its rating to Neutral and sets its target price to $2.50 from $9 previously.
On December 16, 2024, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.
BofA Securities Downgraded its Neutral to Underperform on December 04, 2024, whereas the target price for the stock was revised from $9 to $1.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 03 ’25 when Kenkare-Mitra Sara sold 29,073 shares for $1.47 per share. The transaction valued at 42,662 led to the insider holds 536,142 shares of the business.
Rosenthal Arnon sold 40,330 shares of ALEC for $59,176 on Mar 03 ’25. The Chief Executive Officer now owns 2,466,744 shares after completing the transaction at $1.47 per share. On Mar 03 ’25, another insider, GRASSO MARC, who serves as the Chief Financial Officer of the company, sold 18,091 shares for $1.47 each. As a result, the insider received 26,547 and left with 312,560 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, ALEC now has a Market Capitalization of 101067624 and an Enterprise Value of -269810400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at -2.683 whereas that against EBITDA is 1.964.
Stock Price History:
The Beta on a monthly basis for ALEC is 0.78, which has changed by -0.8244406 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, ALEC has reached a high of $6.78, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is -33.49%, while the 200-Day Moving Average is calculated to be -71.73%.
Shares Statistics:
According to the various share statistics, ALEC traded on average about 648.87K shares per day over the past 3-months and 535320 shares per day over the past 10 days. A total of 99.09M shares are outstanding, with a floating share count of 74.94M. Insiders hold about 24.37% of the company’s shares, while institutions hold 68.28% stake in the company. Shares short for ALEC as of 1741910400 were 5346593 with a Short Ratio of 8.24, compared to 1739491200 on 5606108. Therefore, it implies a Short% of Shares Outstanding of 5346593 and a Short% of Float of 7.64.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
