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The closing price of Altimmune Inc (NASDAQ: ALT) was $7.61 for the day, down -9.99% from the previous closing price of $8.45. In other words, the price has decreased by -$9.99 from its previous closing price. On the day, 5.37 million shares were traded. ALT stock price reached its highest trading level at $8.54 during the session, while it also had its lowest trading level at $7.4581.
Ratios:
Our analysis of ALT’s different ratios will help us gain a deeper understanding of the company. 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, UBS on November 12, 2024, initiated with a Buy rating and assigned the stock a target price of $26.
On January 24, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $13.Goldman initiated its Neutral rating on January 24, 2024, with a $13 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 541258240 and an Enterprise Value of 403651392. For the stock, the TTM Price-to-Sale (P/S) ratio is 9743.32 while its Price-to-Book (P/B) ratio in mrq is 4.06. Its current Enterprise Value per Revenue stands at 7762.527 whereas that against EBITDA is -4.069.
Stock Price History:
Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is 8.39%, while the 200-Day Moving Average is calculated to be -0.22%.
Shares Statistics:
ALT traded an average of 2.61M shares per day over the past three months and 5673130 shares per day over the past ten days. A total of 70.68M shares are outstanding, with a floating share count of 70.53M. Insiders hold about 0.83% of the company’s shares, while institutions hold 56.02% stake in the company. Shares short for ALT as of 1730332800 were 22936698 with a Short Ratio of 8.77, compared to 1727654400 on 22397958. Therefore, it implies a Short% of Shares Outstanding of 22936698 and a Short% of Float of 32.36.
