A new trading day began on Friday, with Alumis Inc (NASDAQ: ALMS) stock price up 20.00% from the previous day of trading, before settling in for the closing price of $4.70. ALMS’s price has ranged from $3.18 to $13.53 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 60.02%. With a float of $25.25 million, this company’s outstanding shares have now reached $47.22 million.
The firm has a total of 168 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Alumis Inc (ALMS) 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 Alumis Inc is 53.59%, while institutional ownership is 34.73%. The most recent insider transaction that took place on Jul 01 ’24, was worth 40,000,000. In this transaction 10% Owner of this company bought 2,500,000 shares at a rate of $16.00, taking the stock ownership to the 5,584,889 shares. Before that another transaction happened on Jul 01 ’24, when Company’s 10% Owner bought 2,500,000 for $16.00, making the entire transaction worth $40,000,000. This insider now owns 5,584,889 shares in total.
Alumis Inc (ALMS) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.91 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.02% per share during the next fiscal year.
Alumis Inc (NASDAQ: ALMS) Trading Performance Indicators
Here are Alumis Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.45, a number that is poised to hit -1.54 in the next quarter and is forecasted to reach -3.41 in one year’s time.
Technical Analysis of Alumis Inc (ALMS)
Analysing the last 5-days average volume posted by the [Alumis Inc, ALMS], we can find that recorded value of 4.27 million was better than the volume posted last year of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 66.67%. Additionally, its Average True Range was 0.76.
During the past 100 days, Alumis Inc’s (ALMS) raw stochastic average was set at 25.05%, which indicates a significant decrease from 86.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 157.05% in the past 14 days, which was higher than the 99.06% volatility it showed in the past 100 days.
Now, the first resistance to watch is $6.19. This is followed by the second major resistance level at $6.74. The third major resistance level sits at $7.48. If the price goes on to break the first support level at $4.90, it is likely to go to the next support level at $4.16. Should the price break the second support level, the third support level stands at $3.61.
Alumis Inc (NASDAQ: ALMS) Key Stats
With a market capitalization of 306.86 million, the company has a total of 47,222K Shares Outstanding. Currently, annual sales are 0 K while annual income is -294,230 K. The company’s previous quarter sales were 0 K while its latest quarter income was -93,120 K.
