Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Aligos Therapeutics Inc (NASDAQ: ALGS) closed at $33.71 down -12.19% from its previous closing price of $38.39. In other words, the price has decreased by -$12.19 from its previous closing price. On the day, 0.67 million shares were traded. ALGS stock price reached its highest trading level at $37.12 during the session, while it also had its lowest trading level at $28.1.
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 120947768 and an Enterprise Value of 55158840. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.16 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 9.198 whereas that against EBITDA is -0.595.
Stock Price History:
The Beta on a monthly basis for ALGS is 2.51, which has changed by 0.8991549 over the last 52 weeks, in comparison to a change of 0.22263205 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 27.36%, while the 200-Day Moving Average is calculated to be 95.05%.
Shares Statistics:
For the past three months, ALGS has traded an average of 423.61K shares per day and 516160 over the past ten days. A total of 3.20M shares are outstanding, with a floating share count of 2.67M. Insiders hold about 25.51% of the company’s shares, while institutions hold 43.20% stake in the company. Shares short for ALGS as of 1734048000 were 457104 with a Short Ratio of 1.41, compared to 1731628800 on 291505. Therefore, it implies a Short% of Shares Outstanding of 457104 and a Short% of Float of 20.34.
