Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Alarum Technologies Ltd ADR (NASDAQ: ALAR) was $9.30 for the day, down -3.23% from the previous closing price of $9.61. In other words, the price has decreased by -$3.23 from its previous closing price. On the day, 75674.0 shares were traded. ALAR stock price reached its highest trading level at $9.75 during the session, while it also had its lowest trading level at $9.06.
Ratios:
Our analysis of ALAR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.42 and its Current Ratio is at 3.42. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Alliance Global Partners on August 26, 2024, Reiterated its Buy rating but revised its target price to $20 from $34 previously.
On July 25, 2024, Canaccord Genuity Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $42.
On July 03, 2024, Canaccord Genuity started tracking the stock assigning a Hold rating and target price of $42.Canaccord Genuity initiated its Hold rating on July 03, 2024, with a $42 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALAR now has a Market Capitalization of 64487132 and an Enterprise Value of 616526016. As of this moment, Alarum’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.68, and their Forward P/E ratio for the next fiscal year is 66.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 19.534 whereas that against EBITDA is 58.011.
Stock Price History:
The Beta on a monthly basis for ALAR is 0.62, which has changed by -0.21119595 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, ALAR has reached a high of $46.69, while it has fallen to a 52-week low of $8.97. The 50-Day Moving Average of the stock is -13.63%, while the 200-Day Moving Average is calculated to be -51.87%.
Shares Statistics:
ALAR traded an average of 173.87K shares per day over the past three months and 89800 shares per day over the past ten days. A total of 6.87M shares are outstanding, with a floating share count of 6.62M. Insiders hold about 4.54% of the company’s shares, while institutions hold 5.48% stake in the company. Shares short for ALAR as of 1738281600 were 223601 with a Short Ratio of 1.29, compared to 1735603200 on 310986. Therefore, it implies a Short% of Shares Outstanding of 223601 and a Short% of Float of 3.58.
