Allstate Corp (ALL) volume exceeds 1.71 million: A new investment opportunity for investors

Allstate Corp (NYSE: ALL) on Friday, soared 2.06% from the previous trading day, before settling in for the closing price of $192.30. Within the past 52 weeks, ALL’s price has moved between $134.17 and $209.88.

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

Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 7.88%. The company achieved an average annual earnings per share of 1608.12%. With a float of $263.33 million, this company’s outstanding shares have now reached $265.00 million.

Considering the fact that the conglomerate employs 53400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 85.55%, operating margin of 7.75%, and the pretax margin is 8.23%.

Allstate Corp (ALL) Breakdown of a Key Holders of the stock

Observing investor behavior towards Insurance – Property & Casualty industry stocks is more important than anything else. The insider ownership of Allstate Corp is 0.56%, while institutional ownership is 77.84%. The most recent insider transaction that took place on Nov 22 ’24, was worth 6,413,009. In this transaction Chairman, President & CEO of this company sold 31,503 shares at a rate of $203.57, taking the stock ownership to the 157,513 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Officer proposed sale 31,503 for $203.57, making the entire transaction worth $6,413,009.

Allstate Corp (ALL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 1608.12% per share during the next fiscal year.

Allstate Corp (NYSE: ALL) Trading Performance Indicators

Allstate Corp (ALL) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85. Likewise, its price to free cash flow for the trailing twelve months is 6.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.49, a number that is poised to hit 5.70 in the next quarter and is forecasted to reach 18.96 in one year’s time.

Technical Analysis of Allstate Corp (ALL)

Compared to the last year’s volume of 1.55 million, its volume of 1.69 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 17.18%. Additionally, its Average True Range was 4.06.

During the past 100 days, Allstate Corp’s (ALL) raw stochastic average was set at 71.39%, which indicates a significant increase from 27.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.45% in the past 14 days, which was lower than the 24.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $194.61, while its 200-day Moving Average is $177.05. Nevertheless, the first resistance level for the watch stands at $198.09 in the near term. At $199.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $202.15. If the price goes on to break the first support level at $194.03, it is likely to go to the next support level at $191.80. Now, if the price goes above the second support level, the third support stands at $189.97.

Allstate Corp (NYSE: ALL) Key Stats

Market capitalization of the company is 53.04 billion based on 264,803K outstanding shares. Right now, sales total 57,094 M and income totals -188,000 K. The company made 16,627 M in profit during its latest quarter, and 1,190 M in sales during its previous quarter.