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The closing price of Allakos Inc (NASDAQ: ALLK) was $1.10 for the day, up 7.84% from the previous closing price of $1.02. In other words, the price has increased by $7.84 from its previous closing price. On the day, 0.63 million shares were traded. ALLK stock price reached its highest trading level at $1.14 during the session, while it also had its lowest trading level at $1.02.
Ratios:
Our analysis of ALLK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.92 and its Current Ratio is at 4.92. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.23.
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 the company, Jefferies on January 17, 2024, Downgraded its rating to Hold and sets its target price to $1.50 from $6 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLK now has a Market Capitalization of 97398944 and an Enterprise Value of -32667606.
Stock Price History:
The Beta on a monthly basis for ALLK is 0.84, which has changed by -0.73170733 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ALLK has reached a high of $5.64, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is -12.91%, while the 200-Day Moving Average is calculated to be -52.30%.
Shares Statistics:
ALLK traded an average of 735.71K shares per day over the past three months and 373000 shares per day over the past ten days. A total of 87.75M shares are outstanding, with a floating share count of 75.58M. Insiders hold about 14.64% of the company’s shares, while institutions hold 73.04% stake in the company. Shares short for ALLK as of 1713139200 were 5702933 with a Short Ratio of 7.75, compared to 1710460800 on 5601439. Therefore, it implies a Short% of Shares Outstanding of 5702933 and a Short% of Float of 9.17.
Earnings Estimates
Investors are keenly observing as 8.0 analysts analyze and rate the current performance of Allakos Inc (ALLK) in the stock market.On average, analysts expect EPS of -$0.47 for the current quarter, with a high estimate of -$0.36 and a low estimate of -$0.64, while EPS last year was -$0.49. The consensus estimate for the next quarter is -$0.32, with high estimates of -$0.19 and low estimates of -$0.58.
Analysts are recommending an EPS of between -$0.95 and -$1.58 for the fiscal current year, implying an average EPS of -$1.2. EPS for the following year is -$0.7, with 7.0 analysts recommending between -$0.44 and -$1.0.
