Market Update: Altimmune Inc (ALT) Sees Negative Movement, Closing at 5.50

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Altimmune Inc (NASDAQ: ALT) closed at $5.50 down -1.43% from its previous closing price of $5.58. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 1.5 million shares were traded.

Ratios:

For a deeper understanding of Altimmune Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.82 and its Current Ratio is at 15.82. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On January 08, 2025, Stifel started tracking the stock assigning a Buy rating and target price of $18.

On November 12, 2024, UBS started tracking the stock assigning a Buy rating and target price of $26.UBS initiated its Buy rating on November 12, 2024, with a $26 target price.

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 Mar 17 ’25 when Sohn Catherine A. bought 1,000 shares for $5.78 per share. The transaction valued at 5,784 led to the insider holds 1,000 shares of the business.

WEAVER GREGORY L bought 10,000 shares of ALT for $51,996 on Mar 13 ’25. The Chief Financial Officer now owns 10,000 shares after completing the transaction at $5.20 per share. On Aug 19 ’24, another insider, Drutz David, who serves as the Director of the company, sold 16,011 shares for $6.90 each. As a result, the insider received 110,547 and left with 41,958 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 22304.50 while its Price-to-Book (P/B) ratio in mrq is 3.01.

Stock Price History:

Over the past 52 weeks, ALT has reached a high of $11.16, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is 6.05%, while the 200-Day Moving Average is calculated to be -16.67%.

Shares Statistics:

A total of 81.11M shares are outstanding, with a floating share count of 80.26M. Insiders hold about 1.04% of the company’s shares, while institutions hold 47.34% stake in the company.

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