A new trading day began on Tuesday, with Altimmune Inc (NASDAQ: ALT) stock price down -4.84% from the previous day of trading, before settling in for the closing price of $6.61. ALT’s price has ranged from $5.28 to $14.84 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 154.97%. Meanwhile, its annual earnings per share averaged 18.37%. With a float of $70.38 million, this company’s outstanding shares have now reached $71.12 million.
Considering the fact that the conglomerate employs 59 people, you should pay attention to its efficiency factor. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Altimmune Inc is 1.04%, while institutional ownership is 56.55%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.35% during the next five years compared to 35.74% growth over the previous five years of trading.
Altimmune Inc (NASDAQ: ALT) Trading Performance Indicators
Here are Altimmune Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 16.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8947.41.
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 -1.49 in one year’s time.
Technical Analysis of Altimmune Inc (ALT)
Compared to the last year’s volume of 2.12 million, its volume of 1.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 36.43%. Additionally, its Average True Range was 0.41.
During the past 100 days, Altimmune Inc’s (ALT) raw stochastic average was set at 8.11%, which indicates a significant decrease from 11.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.70% in the past 14 days, which was lower than the 77.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.61, while its 200-day Moving Average is $7.13. Nevertheless, the first resistance level for the watch stands at $6.48 in the near term. At $6.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.84. If the price goes on to break the first support level at $6.13, it is likely to go to the next support level at $5.97. Should the price break the second support level, the third support level stands at $5.77.
Altimmune Inc (NASDAQ: ALT) Key Stats
With a market capitalization of 447.37 million, the company has a total of 71,125K Shares Outstanding. Currently, annual sales are 430 K while annual income is -88,450 K. The company’s previous quarter sales were 10 K while its latest quarter income was -22,850 K.
