Alto Ingredients Inc (NASDAQ: ALTO) kicked off on Friday, up 6.36% from the previous trading day, before settling in for the closing price of $1.10. Over the past 52 weeks, ALTO has traded in a range of $0.76-$2.05.
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During the last 5-year period, the sales drop of Basic Materials Sector giant was -7.49%. While this was happening, its average annual earnings per share was recorded 59.76%. With a float of $68.04 million, this company’s outstanding shares have now reached $76.50 million.
Let’s determine the extent of company efficiency that accounts for 393 employees. In terms of profitability, gross margin is 0.73%, operating margin of -5.59%, and the pretax margin is -6.18%.
Alto Ingredients Inc (ALTO) Insider Activity
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 11.87%, while institutional ownership is 32.30%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.76% 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 1.94. 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 -0.10 in the next quarter and is forecasted to reach 0.13 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 0.52 million, which is a drop from its year-to-date volume of 0.55 million. As of the previous 9 days, the stock’s Stochastic %D was 82.19%. Additionally, its Average True Range was 0.09.
During the past 100 days, Alto Ingredients Inc’s (ALTO) raw stochastic average was set at 36.28%, which indicates a significant decrease from 72.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.68% in the past 14 days, which was lower than the 71.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9158, while its 200-day Moving Average is $1.3887. However, in the short run, Alto Ingredients Inc’s stock first resistance to watch stands at $1.2767. Second resistance stands at $1.3833. The third major resistance level sits at $1.4967. If the price goes on to break the first support level at $1.0567, it is likely to go to the next support level at $0.9433. Should the price break the second support level, the third support level stands at $0.8367.
Alto Ingredients Inc (NASDAQ: ALTO) Key Stats
The company with the Market Capitalisation of 90.34 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 226,540 K and last quarter income was -11,680 K.
