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The price of Alx Oncology Holdings Inc (NASDAQ: ALXO) closed at $1.97 in the last session, up 5.35% from day before closing price of $1.87. In other words, the price has increased by $5.35 from its previous closing price. On the day, 0.51 million shares were traded. ALXO stock price reached its highest trading level at $2.0108 during the session, while it also had its lowest trading level at $1.88.
Ratios:
We take a closer look at ALXO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.39 and its Current Ratio is at 4.39. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.
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, Stifel on March 08, 2024, Downgraded its rating to Hold and sets its target price to $14 from $10 previously.
On December 08, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $8 to $18.
Jefferies Downgraded its Buy to Hold on December 22, 2021, whereas the target price for the stock was revised from $65 to $25.
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 Aug 14 ’24 when Pinto Shelly sold 564 shares for $2.58 per share. The transaction valued at 1,455 led to the insider holds 91,549 shares of the business.
Randolph Sophia sold 1,365 shares of ALXO for $3,522 on Aug 14 ’24. The CHIEF MEDICAL OFFICER now owns 325,711 shares after completing the transaction at $2.58 per share. On Aug 14 ’24, another insider, Pons Jaume, who serves as the PRESIDENT & CSO of the company, sold 1,937 shares for $2.58 each. As a result, the insider received 4,997 and left with 591,510 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, ALXO now has a Market Capitalization of 103763448 and an Enterprise Value of -35487572.
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 $1.76. The 50-Day Moving Average of the stock is -36.06%, while the 200-Day Moving Average is calculated to be -80.88%.
Shares Statistics:
According to the various share statistics, ALXO traded on average about 1.23M shares per day over the past 3-months and 536310 shares per day over the past 10 days. A total of 49.95M shares are outstanding, with a floating share count of 30.21M. Insiders hold about 42.64% of the company’s shares, while institutions hold 71.67% stake in the company. Shares short for ALXO as of 1726185600 were 9986261 with a Short Ratio of 8.11, compared to 1723680000 on 9278731. Therefore, it implies a Short% of Shares Outstanding of 9986261 and a Short% of Float of 32.889998.
