Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Altimmune Inc (NASDAQ: ALT) was $6.61 for the day, down -0.75% from the previous closing price of $6.66. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 1.56 million shares were traded. ALT stock price reached its highest trading level at $6.761 during the session, while it also had its lowest trading level at $6.48.
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 16.87 and its Current Ratio is at 16.87. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Stifel on January 08, 2025, initiated with a Buy rating and assigned the stock a target price of $18.
On November 12, 2024, UBS started tracking the stock assigning a Buy rating and target price of $26.
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 470133600 and an Enterprise Value of 332526784. For the stock, the TTM Price-to-Sale (P/S) ratio is 9402.68 while its Price-to-Book (P/B) ratio in mrq is 3.52. Its current Enterprise Value per Revenue stands at 6394.746 whereas that against EBITDA is -3.352.
Stock Price History:
The Beta on a monthly basis for ALT is 0.85, which has changed by -0.21276593 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, ALT has reached a high of $14.84, while it has fallen to a 52-week low of $5.28. The 50-Day Moving Average of the stock is -13.64%, while the 200-Day Moving Average is calculated to be -7.37%.
Shares Statistics:
ALT traded an average of 3.22M shares per day over the past three months and 1827590 shares per day over the past ten days. A total of 71.12M shares are outstanding, with a floating share count of 70.38M. Insiders hold about 1.04% of the company’s shares, while institutions hold 56.59% stake in the company. Shares short for ALT as of 1736899200 were 24593816 with a Short Ratio of 7.65, compared to 1734048000 on 23854914. Therefore, it implies a Short% of Shares Outstanding of 24593816 and a Short% of Float of 34.669998.
