Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Alector Inc (NASDAQ: ALEC) was $1.16 for the day, down -10.77% from the previous closing price of $1.30. In other words, the price has decreased by -$10.77 from its previous closing price. On the day, 0.7 million shares were traded.
Ratios:
Our analysis of ALEC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.40 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.27.
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, Mizuho on December 17, 2024, Downgraded its rating to Neutral and sets its target price to $2.50 from $9 previously.
On December 16, 2024, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.
BofA Securities Downgraded its Neutral to Underperform on December 04, 2024, whereas the target price for the stock was revised from $9 to $1.
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 Mar 03 ’25 when Kenkare-Mitra Sara sold 29,073 shares for $1.47 per share. The transaction valued at 42,662 led to the insider holds 536,142 shares of the business.
Rosenthal Arnon sold 40,330 shares of ALEC for $59,176 on Mar 03 ’25. The Chief Executive Officer now owns 2,466,744 shares after completing the transaction at $1.47 per share. On Mar 03 ’25, another insider, GRASSO MARC, who serves as the Chief Financial Officer of the company, sold 18,091 shares for $1.47 each. As a result, the insider received 26,547 and left with 312,560 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.91.
Stock Price History:
Over the past 52 weeks, ALEC has reached a high of $6.78, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is -8.78%, while the 200-Day Moving Average is calculated to be -64.15%.
Shares Statistics:
A total of 99.09M shares are outstanding, with a floating share count of 75.62M. Insiders hold about 24.37% of the company’s shares, while institutions hold 66.87% stake in the company.
