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After finishing at $5.07 in the prior trading day, Alector Inc (NASDAQ: ALEC) closed at $4.86, down -4.14%. In other words, the price has decreased by -$4.14 from its previous closing price. On the day, 0.5 million shares were traded. ALEC stock price reached its highest trading level at $5.0747 during the session, while it also had its lowest trading level at $4.81.
Ratios:
Our goal is to gain a better understanding of ALEC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.52 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.18.
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 December 14, 2023, Upgraded its rating to Buy and sets its target price to $15 from $8 previously.
On December 12, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $12.
On September 25, 2023, Goldman started tracking the stock assigning a Sell rating and target price of $4.Goldman initiated its Sell rating on September 25, 2023, with a $4 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when Hammond Paula sold 10,500 shares for $5.06 per share. The transaction valued at 53,179 led to the insider holds 60,209 shares of the business.
Yaffe Kristine sold 5,000 shares of ALEC for $25,309 on Aug 12 ’24. The Director now owns 67,709 shares after completing the transaction at $5.06 per share. On Aug 12 ’24, another insider, PAULA HAMMOND, who serves as the Director of the company, bought 10,500 shares for $5.06 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALEC now has a Market Capitalization of 472980576 and an Enterprise Value of 26196784. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.56 while its Price-to-Book (P/B) ratio in mrq is 3.14. Its current Enterprise Value per Revenue stands at 0.474 whereas that against EBITDA is -0.144.
Stock Price History:
Over the past 52 weeks, ALEC has reached a high of $8.90, while it has fallen to a 52-week low of $3.66. The 50-Day Moving Average of the stock is -5.04%, while the 200-Day Moving Average is calculated to be -16.18%.
Shares Statistics:
The stock has traded on average 670.37K shares per day over the past 3-months and 485750 shares per day over the last 10 days, according to various share statistics. A total of 84.88M shares are outstanding, with a floating share count of 75.93M. Insiders hold about 21.98% of the company’s shares, while institutions hold 76.13% stake in the company. Shares short for ALEC as of 1722384000 were 4098635 with a Short Ratio of 6.11, compared to 1719532800 on 4282255. Therefore, it implies a Short% of Shares Outstanding of 4098635 and a Short% of Float of 6.0100004.
