Trading Day Review: Altimmune Inc (ALT) Gains Momentum, Closing at 6.64

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The price of Altimmune Inc (NASDAQ: ALT) closed at $6.64 in the last session, up 3.11% from day before closing price of $6.44. In other words, the price has increased by $3.11 from its previous closing price. On the day, 1.36 million shares were traded. ALT stock price reached its highest trading level at $6.64 during the session, while it also had its lowest trading level at $6.3505.

Ratios:

We take a closer look at ALT’s different ratios to gain a better understanding of the stock. 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:

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 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 472267328 and an Enterprise Value of 334660512. For the stock, the TTM Price-to-Sale (P/S) ratio is 9445.30 while its Price-to-Book (P/B) ratio in mrq is 3.54. Its current Enterprise Value per Revenue stands at 6435.779 whereas that against EBITDA is -3.374.

Stock Price History:

The Beta on a monthly basis for ALT is 0.86, which has changed by -0.37777776 over the last 52 weeks, in comparison to a change of 0.2000997 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 -14.71%, while the 200-Day Moving Average is calculated to be -7.06%.

Shares Statistics:

According to the various share statistics, ALT traded on average about 3.29M shares per day over the past 3-months and 1916680 shares per day over the past 10 days. A total of 71.12M shares are outstanding, with a floating share count of 70.47M. Insiders hold about 0.92% of the company’s shares, while institutions hold 55.99% stake in the company. Shares short for ALT as of 1736899200 were 24593816 with a Short Ratio of 7.47, compared to 1734048000 on 23854914. Therefore, it implies a Short% of Shares Outstanding of 24593816 and a Short% of Float of 34.669998.

Earnings Estimates

The company has 6.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.38, with high estimates of -$0.33 and low estimates of -$0.42.

Analysts are recommending an EPS of between -$1.28 and -$1.4 for the fiscal current year, implying an average EPS of -$1.34. EPS for the following year is -$1.13, with 6.0 analysts recommending between $0.73 and -$1.97.

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