Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Alto Ingredients Inc (NASDAQ: ALTO) closed at $1.93 in the last session, down -0.52% from day before closing price of $1.94. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 0.68 million shares were traded. ALTO stock price reached its highest trading level at $2.01 during the session, while it also had its lowest trading level at $1.905.
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 5.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 83.40. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 3.09. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.41.
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 147620112 and an Enterprise Value of 232766032. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 0.218 whereas that against EBITDA is -60.806.
Stock Price History:
Over the past 52 weeks, ALTO has reached a high of $4.97, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is 18.96%, while the 200-Day Moving Average is calculated to be 11.78%.
Shares Statistics:
According to the various share statistics, ALTO traded on average about 492.71K shares per day over the past 3-months and 581110 shares per day over the past 10 days. A total of 75.70M shares are outstanding, with a floating share count of 72.70M. Insiders hold about 4.96% of the company’s shares, while institutions hold 34.06% stake in the company. Shares short for ALTO as of 1728950400 were 886680 with a Short Ratio of 1.80, compared to 1726185600 on 829242. Therefore, it implies a Short% of Shares Outstanding of 886680 and a Short% of Float of 1.2200001.
