Alto Ingredients Inc (NASDAQ: ALTO) kicked off on Friday, down -4.88% from the previous trading day, before settling in for the closing price of $1.23. Over the past 52 weeks, ALTO has traded in a range of $1.18-$2.40.
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Annual sales at Basic Materials sector company slipped by -4.26% over the past five years. While this was happening, its average annual earnings per share was recorded 63.41%. With a float of $67.76 million, this company’s outstanding shares have now reached $76.57 million.
Let’s look at the performance matrix of the company that is accounted for 393 employees. In terms of profitability, gross margin is 1.06%, operating margin of -5.3%, and the pretax margin is -6.09%.
Alto Ingredients Inc (ALTO) Insider Updates
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 11.55%, while institutional ownership is 35.93%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.41% per share during the next fiscal year.
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 1.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach 0.15 in one year’s time.
Technical Analysis of Alto Ingredients Inc (ALTO)
Alto Ingredients Inc (NASDAQ: ALTO) saw its 5-day average volume 0.51 million, a negative change from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 12.35%. Additionally, its Average True Range was 0.10.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 2.22%, which indicates a significant decrease from 6.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.54% in the past 14 days, which was lower than the 97.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5292, while its 200-day Moving Average is $1.5299. Nevertheless, the first resistance level for the watch stands at $1.2233 in the near term. At $1.2767, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3133. If the price goes on to break the first support level at $1.1333, it is likely to go to the next support level at $1.0967. Assuming the price breaks the second support level, the third support level stands at $1.0433.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
The company with the Market Capitalisation of 89.64 million has total of 76,612K Shares Outstanding. Its annual sales at the moment are 965,260 K in contrast with the sum of -58,980 K annual income. Company’s last quarter sales were recorded 236,350 K and last quarter income was -41,710 K.
