Alto Ingredients Inc (NASDAQ: ALTO) on Tuesday, plunged -6.51% from the previous trading day, before settling in for the closing price of $0.89. Within the past 52 weeks, ALTO’s price has moved between $0.76 and $2.09.
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Annual sales at Basic Materials sector company slipped by -4.26% over the past five years. The company achieved an average annual earnings per share of 63.41%. With a float of $67.52 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 and Institutional Ownership
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Alto Ingredients Inc is 11.87%, while institutional ownership is 35.76%. 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) Latest Financial update
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
Alto Ingredients Inc (ALTO) is currently performing well based on its current performance indicators. A quick ratio of 1.79 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 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)
Alto Ingredients Inc (NASDAQ: ALTO) saw its 5-day average volume 0.67 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 25.24%. Additionally, its Average True Range was 0.08.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 6.00%, which indicates a significant decrease from 14.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.88% in the past 14 days, which was higher than the 66.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3473, while its 200-day Moving Average is $1.5053. Nevertheless, the first resistance level for the watch stands at $0.8743 in the near term. At $0.9185, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9431. If the price goes on to break the first support level at $0.8055, it is likely to go to the next support level at $0.7809. The third support level lies at $0.7367 if the price breaches the second support level.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
Market capitalization of the company is 63.60 million based on 76,612K outstanding shares. Right now, sales total 965,260 K and income totals -58,980 K. The company made 236,350 K in profit during its latest quarter, and -41,710 K in sales during its previous quarter.
