Alto Ingredients Inc (ALTO) average volume reaches $749.31K: Are the Stars Lining Up for Investors?

Witnessing the stock’s movement on the chart, on Wednesday, Alto Ingredients Inc (NASDAQ: ALTO) set off with pace as it heaved 4.96% to $1.48, before settling in for the price of $1.41 at the close. Taking a more long-term approach, ALTO posted a 52-week range of $1.18-$3.00.

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

In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was -1.24%. Meanwhile, its Annual Earning per share during the time was 22.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.25%. This publicly-traded company’s shares outstanding now amounts to $75.70 million, simultaneously with a float of $72.71 million. The organization now has a market capitalization sitting at $119.07 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6036, while the 200-day Moving Average is $1.6867.

Alto Ingredients Inc (ALTO) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. Alto Ingredients Inc’s current insider ownership accounts for 5.14%, in contrast to 29.78% institutional ownership. According to the most recent insider trade that took place on Nov 13 ’24, this organization’s Director bought 25,000 shares at the rate of 1.34, making the entire transaction reach 33,475 in total value, affecting insider ownership by 700,575. Preceding that transaction, on Nov 13 ’24, Company’s Director bought 5,000 for 1.32, making the whole transaction’s value amount to 6,625. This particular insider is now the holder of 31,200 in total.

Alto Ingredients Inc (ALTO) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

Alto Ingredients Inc’s EPS increase for this current 12-month fiscal period is 11.25% and is forecasted to reach 0.21 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the 22.40% growth it accomplished over the previous five years trading on the market.

Alto Ingredients Inc (NASDAQ: ALTO) Trading Performance Indicators

Let’s observe the current performance indicators for Alto Ingredients Inc (ALTO). It’s Quick Ratio in the last reported quarter now stands at 2.15. The Stock has managed to achieve an average true range (ATR) of 0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.12. Similarly, its price to free cash flow for trailing twelve months is now 35.44.

In the same vein, ALTO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.51, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be 0.21 at the market close of one year from today.

Technical Analysis of Alto Ingredients Inc (ALTO)

Going through the that latest performance of [Alto Ingredients Inc, ALTO]. Its last 5-days volume of 0.78 million indicated improvement to the volume of 0.6 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 75.62% While, its Average True Range was 0.0875.

Raw Stochastic average of Alto Ingredients Inc (ALTO) in the period of the previous 100 days is set at 34.48%, which indicates a major fall in contrast to 96.55% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 43.88% that was lower than 92.21% volatility it exhibited in the past 100-days period.