In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Alto Ingredients Inc (NASDAQ: ALTO) closed the day trading at $1.30 up 7.44% from the previous closing price of $1.21. In other words, the price has increased by $7.44 from its previous closing price. On the day, 3.24 million shares were traded. ALTO stock price reached its highest trading level at $1.365 during the session, while it also had its lowest trading level at $1.2005.
Ratios:
For a better understanding of ALTO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.79. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 3.22. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALTO now has a Market Capitalization of 99613672 and an Enterprise Value of 169545792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.169 whereas that against EBITDA is -609.877.
Stock Price History:
Over the past 52 weeks, ALTO has reached a high of $3.00, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -20.14%, while the 200-Day Moving Average is calculated to be -24.40%.
Shares Statistics:
Over the past 3-months, ALTO traded about 606.50K shares per day on average, while over the past 10 days, ALTO traded about 1669570 shares per day. A total of 75.70M shares are outstanding, with a floating share count of 72.70M. Insiders hold about 4.96% of the company’s shares, while institutions hold 33.90% stake in the company. Shares short for ALTO as of 1728950400 were 886680 with a Short Ratio of 1.46, compared to 1726185600 on 829242. Therefore, it implies a Short% of Shares Outstanding of 886680 and a Short% of Float of 1.2200001.
