On Monday, Alto Ingredients Inc (NASDAQ: ALTO) was -3.70% drop from the session before settling in for the closing price of $0.90. A 52-week range for ALTO has been $0.90 – $2.25.
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
During the last 5-year period, the sales drop of Basic Materials Sector giant was -4.26%. When this article was written, the company’s average yearly earnings per share was at 63.41%. With a float of $67.52 million, this company’s outstanding shares have now reached $76.57 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alto Ingredients Inc stocks. The insider ownership of Alto Ingredients Inc is 11.87%, 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) Earnings and Forecasts
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
You can see what Alto Ingredients Inc (ALTO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07.
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)
Looking closely at Alto Ingredients Inc (NASDAQ: ALTO), its last 5-days average volume was 0.69 million, which is a jump from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 5.17%. Additionally, its Average True Range was 0.09.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 3.64%, which indicates a significant decrease from 7.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.05% in the past 14 days, which was higher than the 65.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4417, while its 200-day Moving Average is $1.5201. However, in the short run, Alto Ingredients Inc’s stock first resistance to watch stands at $0.9101. Second resistance stands at $0.9501. The third major resistance level sits at $0.9902. If the price goes on to break the first support level at $0.8300, it is likely to go to the next support level at $0.7899. Should the price break the second support level, the third support level stands at $0.7499.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
There are 76,612K outstanding shares of the company, which has a market capitalization of 66.65 million. As of now, sales total 965,260 K while income totals -58,980 K. Its latest quarter income was 236,350 K while its last quarter net income were -41,710 K.
