Market Recap: Alx Oncology Holdings Inc (ALXO)’s Negative Momentum, Closing at 1.06

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The closing price of Alx Oncology Holdings Inc (NASDAQ: ALXO) was $1.06 for the day, down -19.08% from the previous closing price of $1.31. In other words, the price has decreased by -$19.08 from its previous closing price. On the day, 3.4 million shares were traded.

Ratios:

Our analysis of ALXO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.26 and its Current Ratio is at 7.26. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.13.

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, Jefferies on March 06, 2025, Upgraded its rating to Buy and sets its target price to $3 from $2 previously.

On December 19, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $12 to $2.

Stifel Downgraded its Buy to Hold on March 08, 2024, whereas the target price for the stock was revised from $10 to $14.

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 Feb 19 ’25 when Pinto Shelly sold 550 shares for $1.15 per share. The transaction valued at 633 led to the insider holds 87,352 shares of the business.

Pons Jaume sold 1,326 shares of ALXO for $1,525 on Feb 19 ’25. The PRESIDENT & CSO now owns 579,388 shares after completing the transaction at $1.15 per share. On Feb 19 ’25, another insider, Lettmann Jason, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 2,159 shares for $1.15 each. As a result, the insider received 2,483 and left with 170,270 shares of the company.

Stock Price History:

Over the past 52 weeks, ALXO has reached a high of $17.83, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is -24.32%, while the 200-Day Moving Average is calculated to be -67.71%.

Shares Statistics:

A total of 53.05M shares are outstanding, with a floating share count of 34.04M. Insiders hold about 36.24% of the company’s shares, while institutions hold 56.29% stake in the company.

Most Popular