Altimmune Inc (NASDAQ: ALT) on Monday, plunged -9.92% from the previous trading day, before settling in for the closing price of $6.65. Within the past 52 weeks, ALT’s price has moved between $5.28 and $14.05.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 104.92%. The company achieved an average annual earnings per share of -9.55%. With a float of $76.22 million, this company’s outstanding shares have now reached $77.01 million.
The extent of productivity of a business whose workforce counts for 59 workers is very important to gauge. 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 1.03%, while institutional ownership is 53.08%. 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 -9.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.99% during the next five years compared to 3.48% growth over the previous five years of trading.
Altimmune Inc (NASDAQ: ALT) Trading Performance Indicators
Altimmune Inc (ALT) is currently performing well based on its current performance indicators. A quick ratio of 13.10 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 23065.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.34, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach -1.69 in one year’s time.
Technical Analysis of Altimmune Inc (ALT)
The latest stats from [Altimmune Inc, ALT] show that its last 5-days average volume of 2.95 million was superior to 2.25 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.56%. Additionally, its Average True Range was 0.45.
During the past 100 days, Altimmune Inc’s (ALT) raw stochastic average was set at 3.54%, which indicates a significant decrease from 14.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.00% in the past 14 days, which was lower than the 79.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.91, while its 200-day Moving Average is $7.08. Now, the first resistance to watch is $6.49. This is followed by the second major resistance level at $6.99. The third major resistance level sits at $7.27. If the price goes on to break the first support level at $5.71, it is likely to go to the next support level at $5.43. The third support level lies at $4.93 if the price breaches the second support level.
Altimmune Inc (NASDAQ: ALT) Key Stats
Market capitalization of the company is 461.31 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.
