On Monday, Alector Inc (NASDAQ: ALEC) opened higher 6.94% from the last session, before settling in for the closing price of $2.16. Price fluctuations for ALEC have ranged from $2.00 to $8.90 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 158.96% over the past five years. Company’s average yearly earnings per share was noted -17.74% at the time writing. With a float of $75.45 million, this company’s outstanding shares have now reached $97.93 million.
Let’s look at the performance matrix of the company that is accounted for 244 employees. In terms of profitability, gross margin is 81.85%, operating margin of -301.1%, and the pretax margin is -254.7%.
Alector Inc (ALEC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Alector Inc is 22.96%, while institutional ownership is 72.96%. The most recent insider transaction that took place on Dec 02 ’24, was worth 41,542. In this transaction Chief Financial Officer of this company sold 16,489 shares at a rate of $2.52, taking the stock ownership to the 330,651 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Chief Executive Officer sold 52,172 for $2.52, making the entire transaction worth $131,442. This insider now owns 2,507,074 shares in total.
Alector Inc (ALEC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -17.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.70% during the next five years compared to -15.76% drop over the previous five years of trading.
Alector Inc (NASDAQ: ALEC) Trading Performance Indicators
Check out the current performance indicators for Alector Inc (ALEC). In the past quarter, the stock posted a quick ratio of 3.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.71, a number that is poised to hit -0.61 in the next quarter and is forecasted to reach -1.47 in one year’s time.
Technical Analysis of Alector Inc (ALEC)
Alector Inc (NASDAQ: ALEC) saw its 5-day average volume 2.45 million, a positive change from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 20.06%. Additionally, its Average True Range was 0.37.
During the past 100 days, Alector Inc’s (ALEC) raw stochastic average was set at 6.49%, which indicates a significant decrease from 14.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 189.95% in the past 14 days, which was higher than the 104.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.34, while its 200-day Moving Average is $5.17. Nevertheless, the first resistance level for the watch stands at $2.44 in the near term. At $2.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.64. If the price goes on to break the first support level at $2.24, it is likely to go to the next support level at $2.17. The third support level lies at $2.04 if the price breaches the second support level.
Alector Inc (NASDAQ: ALEC) Key Stats
There are currently 97,933K shares outstanding in the company with a market cap of 226.22 million. Presently, the company’s annual sales total 97,060 K according to its annual income of -130,390 K. Last quarter, the company’s sales amounted to 15,340 K and its income totaled -42,220 K.
