On Tuesday, Alto Ingredients Inc (NASDAQ: ALTO) opened at On Tuesday, remained unchanged from the last session, before settling in for the closing price of $1.39. Price fluctuations for ALTO have ranged from $1.18 to $3.00 over the past 52 weeks.
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During the last 5-year period, the sales drop of Basic Materials Sector giant was -1.24%. Company’s average yearly earnings per share was noted 11.25% at the time writing. With a float of $72.74 million, this company’s outstanding shares have now reached $75.70 million.
Let’s determine the extent of company efficiency that accounts for 460 employees. In terms of profitability, gross margin is 1.16%, operating margin of -2.04%, and the pretax margin is -3.6%.
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 5.10%, while institutional ownership is 29.67%. The most recent insider transaction that took place on Nov 13 ’24, was worth 33,475. In this transaction Director of this company bought 25,000 shares at a rate of $1.34, taking the stock ownership to the 700,575 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director bought 5,000 for $1.32, making the entire transaction worth $6,625. This insider now owns 31,200 shares in total.
Alto Ingredients Inc (ALTO) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.12) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.25% 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 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11. Likewise, its price to free cash flow for the trailing twelve months is 31.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.21 in one year’s time.
Technical Analysis of Alto Ingredients Inc (ALTO)
Looking closely at Alto Ingredients Inc (NASDAQ: ALTO), its last 5-days average volume was 1.02 million, which is a jump from its year-to-date volume of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 32.08%. Additionally, its Average True Range was 0.12.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 24.14%, which indicates a significant increase from 24.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 206.11% in the past 14 days, which was higher than the 92.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6230, while its 200-day Moving Average is $1.7016. However, in the short run, Alto Ingredients Inc’s stock first resistance to watch stands at $1.4200. Second resistance stands at $1.4500. The third major resistance level sits at $1.4700. If the price goes on to break the first support level at $1.3700, it is likely to go to the next support level at $1.3500. Should the price break the second support level, the third support level stands at $1.3200.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
There are currently 76,647K shares outstanding in the company with a market cap of 106.54 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 251,810 K and its income totaled -2,440 K.
