Alto Ingredients Inc (NASDAQ: ALTO) on Monday, soared 10.81% from the previous trading day, before settling in for the closing price of $1.48. Within the past 52 weeks, ALTO’s price has moved between $1.18 and $2.95.
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During the last 5-year period, the sales drop of Basic Materials Sector giant was -1.24%. The company achieved an average annual earnings per share of 11.25%. With a float of $72.72 million, this company’s outstanding shares have now reached $76.62 million.
Let’s determine the extent of company efficiency that accounts for 460 employees. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
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
Alto Ingredients Inc (ALTO) is currently performing well based on its current performance indicators. A quick ratio of 2.15 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 0.12. Likewise, its price to free cash flow for the trailing twelve months is 36.19.
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)
Looking closely at Alto Ingredients Inc (NASDAQ: ALTO), its last 5-days average volume was 1.1 million, which is a jump from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 64.14%. Additionally, its Average True Range was 0.09.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 52.87%, which indicates a significant decrease from 88.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.84% in the past 14 days, which was lower than the 90.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5522, while its 200-day Moving Average is $1.6265. However, in the short run, Alto Ingredients Inc’s stock first resistance to watch stands at $1.7133. Second resistance stands at $1.7867. The third major resistance level sits at $1.9033. If the price goes on to break the first support level at $1.5233, it is likely to go to the next support level at $1.4067. Now, if the price goes above the second support level, the third support stands at $1.3333.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
Market capitalization of the company is 121.60 million based on 76,647K outstanding shares. Right now, sales total 1,223 M and income totals -28,010 K. The company made 251,810 K in profit during its latest quarter, and -2,440 K in sales during its previous quarter.
