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.
In the latest session, Alpha Teknova Inc (NASDAQ: TKNO) closed at $7.35 up 4.85% from its previous closing price of $7.01. In other words, the price has increased by $4.85 from its previous closing price. On the day, 0.21 million shares were traded. TKNO stock price reached its highest trading level at $7.535 during the session, while it also had its lowest trading level at $6.97.
Ratios:
For a deeper understanding of Alpha Teknova Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.94 and its Current Ratio is at 4.73. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.30.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 12 ’24 when Telegraph Hill Partners IV, L. bought 12,096,773 shares for $1.24 per share. The transaction valued at 14,999,999 led to the insider holds 11,126,929 shares of the business.
Lowell Matthew bought 40,322 shares of TKNO for $49,999 on Jul 12 ’24. The Chief Financial Officer now owns 128,376 shares after completing the transaction at $1.24 per share. On Jul 12 ’24, another insider, Gunstream Stephen, who serves as the President and CEO of the company, bought 80,645 shares for $1.24 each. As a result, the insider paid 100,000 and bolstered with 243,497 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, TKNO now has a Market Capitalization of 391811584 and an Enterprise Value of 379782240. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.78 while its Price-to-Book (P/B) ratio in mrq is 4.49. Its current Enterprise Value per Revenue stands at 10.449 whereas that against EBITDA is -16.758.
Stock Price History:
Over the past 52 weeks, TKNO has reached a high of $8.36, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is 20.29%, while the 200-Day Moving Average is calculated to be 106.33%.
Shares Statistics:
For the past three months, TKNO has traded an average of 226.94K shares per day and 333020 over the past ten days. A total of 40.79M shares are outstanding, with a floating share count of 10.62M. Insiders hold about 80.07% of the company’s shares, while institutions hold 9.64% stake in the company. Shares short for TKNO as of 1731628800 were 273771 with a Short Ratio of 1.21, compared to 1728950400 on 320560. Therefore, it implies a Short% of Shares Outstanding of 273771 and a Short% of Float of 1.28.
