A look at Alto Ingredients Inc’s (ALTO) recent performance gives investors their first glimpse of hope.

On Friday, Alto Ingredients Inc (NASDAQ: ALTO) opened higher 6.74% from the last session, before settling in for the closing price of $1.78. Price fluctuations for ALTO have ranged from $1.28 to $4.97 over the past 52 weeks.

Basic Materials Sector giant saw their annual sales slid by -1.24% over the last five years. Company’s average yearly earnings per share was noted 70.00% at the time writing. With a float of $72.70 million, this company’s outstanding shares have now reached $75.70 million.

The firm has a total of 460 workers. Let’s measure their productivity. 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 Activity

A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Alto Ingredients Inc is 4.96%, while institutional ownership is 34.06%.

Alto Ingredients Inc (ALTO) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.05 earnings per share (EPS) for the quarter, coming under the agreed prediction (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

Check out the current performance indicators for Alto Ingredients Inc (ALTO). In the past 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 0.15. Likewise, its price to free cash flow for the trailing twelve months is 87.64.

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)

Analysing the last 5-days average volume posted by the [Alto Ingredients Inc, ALTO], we can find that recorded value of 0.63 million was better than the volume posted last year of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 46.15%. Additionally, its Average True Range was 0.10.

During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 93.94%, which indicates a significant increase from 87.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.92% in the past 14 days, which was lower than the 54.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6026, while its 200-day Moving Average is $1.7280. Now, the first resistance to watch is $1.9667. This is followed by the second major resistance level at $2.0333. The third major resistance level sits at $2.1267. If the price goes on to break the first support level at $1.8067, it is likely to go to the next support level at $1.7133. Should the price break the second support level, the third support level stands at $1.6467.

Alto Ingredients Inc (NASDAQ: ALTO) Key Stats

There are currently 76,487K shares outstanding in the company with a market cap of 155.13 million. Presently, the company’s annual sales total 1,223 M according to its annual income of -28,010 K. Last quarter, the company’s sales amounted to 236,470 K and its income totaled -3,110 K.