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The closing price of Altimmune Inc (NASDAQ: ALT) was $7.35 for the day, down -4.30% from the previous closing price of $7.68. In other words, the price has decreased by -$4.30 from its previous closing price. On the day, 4.77 million shares were traded. ALT stock price reached its highest trading level at $7.96 during the session, while it also had its lowest trading level at $6.9284.
Ratios:
Our analysis of ALT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.30 and its Current Ratio is at 11.30. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On January 24, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $13.
Goldman Downgraded its Buy to Neutral on March 22, 2023, whereas the target price for the stock was revised from $20 to $6.
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 19 ’24 when Drutz David sold 16,011 shares for $6.90 per share. The transaction valued at 110,547 led to the insider holds 41,958 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALT now has a Market Capitalization of 522371840 and an Enterprise Value of 359325504. For the stock, the TTM Price-to-Sale (P/S) ratio is 1311.64 while its Price-to-Book (P/B) ratio in mrq is 3.42. Its current Enterprise Value per Revenue stands at 878.546 whereas that against EBITDA is -3.709.
Stock Price History:
Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $2.32. The 50-Day Moving Average of the stock is 7.63%, while the 200-Day Moving Average is calculated to be -3.89%.
Shares Statistics:
ALT traded an average of 2.14M shares per day over the past three months and 2412620 shares per day over the past ten days. A total of 70.68M shares are outstanding, with a floating share count of 70.48M. Insiders hold about 0.83% of the company’s shares, while institutions hold 59.21% stake in the company. Shares short for ALT as of 1728950400 were 22234476 with a Short Ratio of 10.40, compared to 1726185600 on 21874221. Therefore, it implies a Short% of Shares Outstanding of 22234476 and a Short% of Float of 31.370002000000003.
