On Tuesday, Alto Ingredients Inc (NASDAQ: ALTO) was -0.69% drop from the session before settling in for the closing price of $1.45. A 52-week range for ALTO has been $1.18 – $3.00.
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A company in the Basic Materials sector has dropped its sales by -1.24% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 11.25%. With a float of $72.71 million, this company’s outstanding shares have now reached $76.62 million.
In an organization with 460 employees, it is important to assess its efficiency. 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 Updates
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 5.14%, while institutional ownership is 29.78%. 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) Performance Highlights and Predictions
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
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 2.15. 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 32.85.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.78 million. That was better than the volume of 0.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.75%. Additionally, its Average True Range was 0.09.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 29.89%, which indicates a significant decrease from 65.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.05% in the past 14 days, which was lower than the 89.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5912, while its 200-day Moving Average is $1.6761. However, in the short run, Alto Ingredients Inc’s stock first resistance to watch stands at $1.4567. Second resistance stands at $1.4733. The third major resistance level sits at $1.4967. If the price goes on to break the first support level at $1.4167, it is likely to go to the next support level at $1.3933. Assuming the price breaks the second support level, the third support level stands at $1.3767.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
There are 76,647K outstanding shares of the company, which has a market capitalization of 110.37 million. As of now, sales total 1,223 M while income totals -28,010 K. Its latest quarter income was 251,810 K while its last quarter net income were -2,440 K.
