Allakos Inc (NASDAQ: ALLK) on Tuesday, plunged -5.43% from the previous trading day, before settling in for the closing price of $1.29. Within the past 52 weeks, ALLK’s price has moved between $0.54 and $3.40.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The company achieved an average annual earnings per share of 28.05%. With a float of $76.12 million, this company’s outstanding shares have now reached $87.75 million.
The extent of productivity of a business whose workforce counts for 131 workers is very important to gauge. In terms of profitability, gross margin is 53.13%, operating margin of -1743.66%, and the pretax margin is -1915.2%.
Allakos Inc (ALLK) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Allakos Inc is 14.33%, while institutional ownership is 74.24%. The most recent insider transaction that took place on Sep 11 ’24, was worth 21,805. Before that another transaction happened on Sep 09 ’24, when Company’s Officer proposed sale 45,320 for $0.65, making the entire transaction worth $29,336.
Allakos Inc (ALLK) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.52 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.45) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.70% during the next five years compared to 0.51% growth over the previous five years of trading.
Allakos Inc (NASDAQ: ALLK) Trading Performance Indicators
Allakos Inc (ALLK) is currently performing well based on its current performance indicators. A quick ratio of 3.57 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.35, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.66 in one year’s time.
Technical Analysis of Allakos Inc (ALLK)
The latest stats from [Allakos Inc, ALLK] show that its last 5-days average volume of 1.65 million was superior to 0.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.46%. Additionally, its Average True Range was 0.14.
During the past 100 days, Allakos Inc’s (ALLK) raw stochastic average was set at 72.49%, which indicates a significant increase from 69.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 246.50% in the past 14 days, which was higher than the 127.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7201, while its 200-day Moving Average is $1.0347. Now, the first resistance to watch is $1.2872. This is followed by the second major resistance level at $1.3544. The third major resistance level sits at $1.4105. If the price goes on to break the first support level at $1.1639, it is likely to go to the next support level at $1.1078. The third support level lies at $1.0406 if the price breaches the second support level.
Allakos Inc (NASDAQ: ALLK) Key Stats
Market capitalization of the company is 108.40 million based on 88,851K outstanding shares. Right now, sales total 0 K and income totals -185,700 K. The company made 0 K in profit during its latest quarter, and -26,680 K in sales during its previous quarter.
