Alto Ingredients Inc (NASDAQ: ALTO) kicked off on Monday, down -2.05% from the previous trading day, before settling in for the closing price of $1.46. Over the past 52 weeks, ALTO has traded in a range of $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. While this was happening, its average annual earnings per share was recorded 11.25%. With a float of $72.72 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Alto Ingredients Inc is 5.13%, 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) Latest Financial update
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
Take a look at Alto Ingredients Inc’s (ALTO) current performance indicators. Last quarter, stock had 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 32.18.
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 0.46 million. That was inferior 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 25.76%. Additionally, its Average True Range was 0.08.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 28.74%, which indicates a significant increase from 17.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.72% in the past 14 days, which was lower than the 88.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5644, while its 200-day Moving Average is $1.6434. However, in the short run, Alto Ingredients Inc’s stock first resistance to watch stands at $1.4733. Second resistance stands at $1.5167. The third major resistance level sits at $1.5433. If the price goes on to break the first support level at $1.4033, it is likely to go to the next support level at $1.3767. The third support level lies at $1.3333 if the price breaches the second support level.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
The company with the Market Capitalisation of 108.12 million has total of 76,647K Shares Outstanding. Its annual sales at the moment are 1,223 M in contrast with the sum of -28,010 K annual income. Company’s last quarter sales were recorded 251,810 K and last quarter income was -2,440 K.
