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, Aligos Therapeutics Inc (NASDAQ: ALGS) closed at $21.01 down -19.25% from its previous closing price of $26.02. In other words, the price has decreased by -$19.25 from its previous closing price. On the day, 0.72 million shares were traded. ALGS stock price reached its highest trading level at $26.3825 during the session, while it also had its lowest trading level at $20.1601.
Ratios:
For a deeper understanding of Aligos Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 3.81. In the meantime, Its Debt-to-Equity ratio is 0.18 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 this company, H.C. Wainwright on August 19, 2024, initiated with a Buy rating and assigned the stock a target price of $75.
On January 06, 2023, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $2 to $3.
Jefferies Upgraded its Hold to Buy on January 06, 2023, whereas the target price for the stock was revised from $2.50 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALGS now has a Market Capitalization of 93356888 and an Enterprise Value of 9592611. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.56 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.6 whereas that against EBITDA is -0.103.
Stock Price History:
The Beta on a monthly basis for ALGS is 2.45, which has changed by 0.62118375 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. Over the past 52 weeks, ALGS has reached a high of $46.80, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is -34.48%, while the 200-Day Moving Average is calculated to be 17.94%.
Shares Statistics:
For the past three months, ALGS has traded an average of 434.57K shares per day and 229000 over the past ten days. A total of 3.20M shares are outstanding, with a floating share count of 2.64M. Insiders hold about 26.29% of the company’s shares, while institutions hold 45.05% stake in the company. Shares short for ALGS as of 1738281600 were 576358 with a Short Ratio of 1.33, compared to 1735603200 on 597297. Therefore, it implies a Short% of Shares Outstanding of 576358 and a Short% of Float of 25.650000000000002.
