On Monday, Alto Ingredients Inc (NASDAQ: ALTO) was 4.68% up from the session before settling in for the closing price of $1.71. A 52-week range for ALTO has been $1.28 – $4.97.
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Annual sales at Basic Materials sector company slipped by -1.24% over the past five years. When this article was written, the company’s average yearly earnings per share was at 70.00%. With a float of $72.70 million, this company’s outstanding shares have now reached $75.70 million.
Let’s look at the performance matrix of the company that is accounted for 460 employees. In terms of profitability, gross margin is 0.92%, operating margin of -2.25%, and the pretax margin is -3.48%.
Alto Ingredients Inc (ALTO) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alto Ingredients Inc stocks. The insider ownership of Alto Ingredients Inc is 4.96%, while institutional ownership is 33.94%.
Alto Ingredients Inc (ALTO) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.05 earnings per share (EPS) during the time that was less than consensus figure (set at 0.09) by -0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 70.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 22.40% growth over the previous five years of trading.
Alto Ingredients Inc (NASDAQ: ALTO) Trading Performance Indicators
You can see what Alto Ingredients Inc (ALTO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 77.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.23 in one year’s time.
Technical Analysis of Alto Ingredients Inc (ALTO)
Alto Ingredients Inc (NASDAQ: ALTO) saw its 5-day average volume 0.43 million, a negative change from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 38.19%. Additionally, its Average True Range was 0.10.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 77.27%, which indicates a significant increase from 55.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.46% in the past 14 days, which was lower than the 53.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5736, while its 200-day Moving Average is $1.7347. Nevertheless, the first resistance level for the watch stands at $1.8467 in the near term. At $1.9033, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9667. If the price goes on to break the first support level at $1.7267, it is likely to go to the next support level at $1.6633. The third support level lies at $1.6067 if the price breaches the second support level.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
There are 75,697K outstanding shares of the company, which has a market capitalization of 136.92 million. As of now, sales total 1,223 M while income totals -28,010 K. Its latest quarter income was 236,470 K while its last quarter net income were -3,110 K.
