Altimmune Inc (NASDAQ: ALT) on Monday, plunged -5.94% from the previous trading day, before settling in for the closing price of $8.25. Within the past 52 weeks, ALT’s price has moved between $5.28 and $14.84.
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Annual sales at Healthcare sector company grew by 115.21% over the past five years. The company achieved an average annual earnings per share of 18.26%. With a float of $70.53 million, this company’s outstanding shares have now reached $71.12 million.
Let’s look at the performance matrix of the company that is accounted for 59 employees. In terms of profitability, gross margin is -3857.69%, operating margin of -191365.38%, and the pretax margin is -199076.92%.
Altimmune Inc (ALT) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Altimmune Inc is 0.83%, while institutional ownership is 55.99%. The most recent insider transaction that took place on Aug 19 ’24, was worth 110,547. In this transaction Director of this company sold 16,011 shares at a rate of $6.90, taking the stock ownership to the 41,958 shares.
Altimmune Inc (ALT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.26% per share during the next fiscal year.
Altimmune Inc (NASDAQ: ALT) Trading Performance Indicators
Altimmune Inc (ALT) is currently performing well based on its current performance indicators. A quick ratio of 16.87 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11133.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.55, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -1.27 in one year’s time.
Technical Analysis of Altimmune Inc (ALT)
Altimmune Inc (NASDAQ: ALT) saw its 5-day average volume 3.64 million, a negative change from its year-to-date volume of 3.83 million. As of the previous 9 days, the stock’s Stochastic %D was 16.38%. Additionally, its Average True Range was 0.75.
During the past 100 days, Altimmune Inc’s (ALT) raw stochastic average was set at 42.23%, which indicates a significant increase from 2.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.30% in the past 14 days, which was higher than the 84.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.91, while its 200-day Moving Average is $7.41. Nevertheless, the first resistance level for the watch stands at $8.11 in the near term. At $8.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.67. If the price goes on to break the first support level at $7.55, it is likely to go to the next support level at $7.34. The third support level lies at $6.99 if the price breaches the second support level.
Altimmune Inc (NASDAQ: ALT) Key Stats
Market capitalization of the company is 556.65 million based on 71,125K outstanding shares. Right now, sales total 430 K and income totals -88,450 K. The company made 10 K in profit during its latest quarter, and -22,850 K in sales during its previous quarter.
