Market Momentum Report: Alto Ingredients Inc (ALTO)’s Positive Close at 1.47

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The price of Alto Ingredients Inc (NASDAQ: ALTO) closed at $1.47 in the last session, up 1.38% from day before closing price of $1.45. In other words, the price has increased by $1.38 from its previous closing price. On the day, 0.57 million shares were traded. ALTO stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.425.

Ratios:

We take a closer look at ALTO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.53. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 3.22. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.

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 Nov 13 ’24 when NATHAN GILBERT E bought 25,000 shares for $1.34 per share. The transaction valued at 33,475 led to the insider holds 700,575 shares of the business.

NATHAN GILBERT E bought 5,000 shares of ALTO for $6,625 on Nov 13 ’24. The Director now owns 31,200 shares after completing the transaction at $1.32 per share. On Nov 12 ’24, another insider, McGregor Bryon T, who serves as the President & CEO of the company, bought 37,000 shares for $1.36 each. As a result, the insider paid 50,424 and bolstered with 834,265 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, ALTO now has a Market Capitalization of 112671096 and an Enterprise Value of 182603120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 0.182 whereas that against EBITDA is -285.317.

Stock Price History:

Over the past 52 weeks, ALTO has reached a high of $3.00, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -7.33%, while the 200-Day Moving Average is calculated to be -11.91%.

Shares Statistics:

According to the various share statistics, ALTO traded on average about 769.22K shares per day over the past 3-months and 739450 shares per day over the past 10 days. A total of 76.62M shares are outstanding, with a floating share count of 72.71M. Insiders hold about 5.14% of the company’s shares, while institutions hold 29.78% stake in the company. Shares short for ALTO as of 1731628800 were 973385 with a Short Ratio of 1.27, compared to 1728950400 on 886680. Therefore, it implies a Short% of Shares Outstanding of 973385 and a Short% of Float of 1.3300001000000001.

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