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The closing price of Alx Oncology Holdings Inc (NASDAQ: ALXO) was $1.29 for the day, down -3.01% from the previous closing price of $1.33. In other words, the price has decreased by -$3.01 from its previous closing price. On the day, 0.57 million shares were traded. ALXO stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.25.
Ratios:
Our analysis of ALXO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.82 and its Current Ratio is at 4.82. In the meantime, Its Debt-to-Equity ratio is 0.13 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, 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 68038600 and an Enterprise Value of -63177396.
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 $1.29. The 50-Day Moving Average of the stock is -23.69%, while the 200-Day Moving Average is calculated to be -83.99%.
Shares Statistics:
ALXO traded an average of 690.61K shares per day over the past three months and 846020 shares per day over the past ten days. A total of 49.95M shares are outstanding, with a floating share count of 26.24M. Insiders hold about 42.64% of the company’s shares, while institutions hold 58.47% stake in the company. Shares short for ALXO as of 1730332800 were 7842727 with a Short Ratio of 11.36, compared to 1727654400 on 9319104. Therefore, it implies a Short% of Shares Outstanding of 7842727 and a Short% of Float of 25.77.
