The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Allogene Therapeutics Inc (NASDAQ: ALLO) closed at $2.20 in the last session, up 3.29% from day before closing price of $2.13. In other words, the price has increased by $3.29 from its previous closing price. On the day, 3.45 million shares were traded. ALLO stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $2.12.
Ratios:
We take a closer look at ALLO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.35 and its Current Ratio is at 9.35. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.18.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $11.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 09 ’24 when MESSEMER DEBORAH M. sold 9,136 shares for $2.18 per share. The transaction valued at 19,916 led to the insider holds 157,629 shares of the business.
Humer Franz B sold 9,221 shares of ALLO for $19,917 on Dec 05 ’24. The Director now owns 307,507 shares after completing the transaction at $2.16 per share. On Dec 09 ’24, another insider, MESSEMER DEBORAH M., who serves as the Director of the company, bought 9,136 shares for $2.18 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLO now has a Market Capitalization of 461278400 and an Enterprise Value of 262238608. For the stock, the TTM Price-to-Sale (P/S) ratio is 11531.92 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 6098.572 whereas that against EBITDA is -1.028.
Stock Price History:
Over the past 52 weeks, ALLO has reached a high of $5.78, while it has fallen to a 52-week low of $1.78. The 50-Day Moving Average of the stock is -8.15%, while the 200-Day Moving Average is calculated to be -20.20%.
Shares Statistics:
According to the various share statistics, ALLO traded on average about 2.40M shares per day over the past 3-months and 2907410 shares per day over the past 10 days. A total of 209.50M shares are outstanding, with a floating share count of 142.63M. Insiders hold about 31.97% of the company’s shares, while institutions hold 68.30% stake in the company. Shares short for ALLO as of 1734048000 were 32371979 with a Short Ratio of 13.47, compared to 1731628800 on 35047242. Therefore, it implies a Short% of Shares Outstanding of 32371979 and a Short% of Float of 21.709999999999997.
