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Allogene Therapeutics Inc (NASDAQ: ALLO) closed the day trading at $2.80 down -3.78% from the previous closing price of $2.91. In other words, the price has decreased by -$3.78 from its previous closing price. On the day, 5.04 million shares were traded. ALLO stock price reached its highest trading level at $2.935 during the session, while it also had its lowest trading level at $2.8.
Ratios:
For a better understanding of ALLO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.25 and its Current Ratio is at 12.25. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.17.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 ’24 when Douglas Earl Martin bought 28,310 shares for $2.79 per share.
MESSEMER DEBORAH M. sold 18,641 shares of ALLO for $42,488 on Jun 18 ’24. The Director now owns 166,765 shares after completing the transaction at $2.28 per share. On May 30 ’24, another insider, Humer Franz B, who serves as the Director of the company, sold 11,200 shares for $2.34 each. As a result, the insider received 26,181 and left with 255,253 shares of the company.
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 585513600 and an Enterprise Value of 235094240. For the stock, the TTM Price-to-Sale (P/S) ratio is 6505.64 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 3616.835 whereas that against EBITDA is -0.916.
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 $2.01. The 50-Day Moving Average of the stock is 3.09%, while the 200-Day Moving Average is calculated to be -13.10%.
Shares Statistics:
Over the past 3-months, ALLO traded about 2.46M shares per day on average, while over the past 10 days, ALLO traded about 2680120 shares per day. A total of 167.13M shares are outstanding, with a floating share count of 136.57M. Insiders hold about 34.69% of the company’s shares, while institutions hold 66.87% stake in the company. Shares short for ALLO as of 1724976000 were 38940757 with a Short Ratio of 15.85, compared to 1722384000 on 37750648. Therefore, it implies a Short% of Shares Outstanding of 38940757 and a Short% of Float of 26.209998000000002.
