Upward Trajectory: AlloVir Inc (ALVR) Posts a Gaine, Closing at 0.78

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The closing price of AlloVir Inc (NASDAQ: ALVR) was $0.78 for the day, up 4.09% from the previous closing price of $0.75. In other words, the price has increased by $4.09 from its previous closing price. On the day, 0.93 million shares were traded. ALVR stock price reached its highest trading level at $0.7818 during the session, while it also had its lowest trading level at $0.7081.

Ratios:

Our analysis of ALVR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 55.08 and its Current Ratio is at 55.08. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.

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, BofA Securities on December 26, 2023, Downgraded its rating to Underperform and sets its target price to $1 from $17 previously.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 20 ’24 when Brainard Diana sold 5,390 shares for $0.74 per share. The transaction valued at 3,996 led to the insider holds 753,923 shares of the business.

Brainard Diana bought 5,390 shares of ALVR for $3,996 on Aug 20 ’24. On Aug 19 ’24, another insider, Miller Edward, who serves as the General Counsel of the company, sold 422 shares for $0.76 each. As a result, the insider received 321 and left with 215,981 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, ALVR now has a Market Capitalization of 90065456 and an Enterprise Value of -31516086.

Stock Price History:

Over the past 52 weeks, ALVR has reached a high of $3.45, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is 3.33%, while the 200-Day Moving Average is calculated to be -15.72%.

Shares Statistics:

ALVR traded an average of 331.83K shares per day over the past three months and 203430 shares per day over the past ten days. A total of 113.97M shares are outstanding, with a floating share count of 55.53M. Insiders hold about 51.87% of the company’s shares, while institutions hold 40.51% stake in the company. Shares short for ALVR as of 1722384000 were 5720240 with a Short Ratio of 17.24, compared to 1719532800 on 6050744. Therefore, it implies a Short% of Shares Outstanding of 5720240 and a Short% of Float of 9.19.

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