Market Watch Highlights: Alto Neuroscience Inc (ANRO) Ends on an Downturn Note at 2.05

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As of close of business last night, Alto Neuroscience Inc’s stock clocked out at $2.05, down -0.97% from its previous closing price of $2.07. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.52 million shares were traded. ANRO stock price reached its highest trading level at $2.11 during the session, while it also had its lowest trading level at $1.905.

Ratios:

To gain a deeper understanding of ANRO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.92 and its Current Ratio is at 16.92. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.

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, Wedbush on October 23, 2024, Downgraded its rating to Neutral and sets its target price to $4 from $29 previously.

On September 03, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $29.Wedbush initiated its Outperform rating on September 03, 2024, with a $29 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 09 ’24 when Savitz Adam bought 12,069 shares for $12.60 per share. The transaction valued at 152,085 led to the insider holds 36,920 shares of the business.

Savitz Adam bought 2,931 shares of ANRO for $38,748 on Jul 10 ’24. The CHIEF MEDICAL OFFICER now owns 39,851 shares after completing the transaction at $13.22 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANRO now has a Market Capitalization of 56039208 and an Enterprise Value of -102555168.

Stock Price History:

The Beta on a monthly basis for ANRO is 1.86, which has changed by -0.85634196 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, ANRO has reached a high of $17.55, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -31.94%, while the 200-Day Moving Average is calculated to be -71.81%.

Shares Statistics:

It appears that ANRO traded 324.89K shares on average per day over the past three months and 404090 shares per day over the past ten days. A total of 26.99M shares are outstanding, with a floating share count of 23.12M. Insiders hold about 14.61% of the company’s shares, while institutions hold 82.45% stake in the company. Shares short for ANRO as of 1741910400 were 3761654 with a Short Ratio of 11.36, compared to 1739491200 on 3984030. Therefore, it implies a Short% of Shares Outstanding of 3761654 and a Short% of Float of 17.69.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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