$721.64K in average volume shows that Alector Inc (ALEC) is heading in the right direction

Alector Inc (NASDAQ: ALEC) kicked off on Monday, down -4.65% from the previous trading day, before settling in for the closing price of $1.29. Over the past 52 weeks, ALEC has traded in a range of $1.26-$6.78.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Healthcare Sector giant saw their annual sales surged by 164.35% over the last five years. While this was happening, its average annual earnings per share was recorded -63.83%. With a float of $74.94 million, this company’s outstanding shares have now reached $99.09 million.

The firm has a total of 238 workers. Let’s measure their productivity. In terms of profitability, gross margin is 95.45%, operating margin of -144.19%, and the pretax margin is -118.26%.

Alector Inc (ALEC) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Alector Inc is 24.37%, while institutional ownership is 68.31%. The most recent insider transaction that took place on Mar 03 ’25, was worth 42,662. In this transaction President and Head of R&D of this company sold 29,073 shares at a rate of $1.47, taking the stock ownership to the 536,142 shares. Before that another transaction happened on Mar 03 ’25, when Company’s Chief Executive Officer sold 40,330 for $1.47, making the entire transaction worth $59,176. This insider now owns 2,466,744 shares in total.

Alector Inc (ALEC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -63.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.34% during the next five years compared to 6.31% growth over the previous five years of trading.

Alector Inc (NASDAQ: ALEC) Trading Performance Indicators

Take a look at Alector Inc’s (ALEC) current performance indicators. Last quarter, stock had a quick ratio of 3.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach -1.61 in one year’s time.

Technical Analysis of Alector Inc (ALEC)

Analysing the last 5-days average volume posted by the [Alector Inc, ALEC], we can find that recorded value of 0.47 million was lower than the volume posted last year of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 22.63%. Additionally, its Average True Range was 0.11.

During the past 100 days, Alector Inc’s (ALEC) raw stochastic average was set at 0.61%, which indicates a significant decrease from 7.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.16% in the past 14 days, which was lower than the 102.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5851, while its 200-day Moving Average is $3.6801. Now, the first resistance to watch is $1.2720. This is followed by the second major resistance level at $1.3140. The third major resistance level sits at $1.3500. If the price goes on to break the first support level at $1.1940, it is likely to go to the next support level at $1.1580. Should the price break the second support level, the third support level stands at $1.1160.

Alector Inc (NASDAQ: ALEC) Key Stats

The company with the Market Capitalisation of 121.87 million has total of 99,086K Shares Outstanding. Its annual sales at the moment are 100,560 K in contrast with the sum of -119,050 K annual income. Company’s last quarter sales were recorded 54,240 K and last quarter income was -2,070 K.