Alto Neuroscience Inc (NYSE: ANRO) on Monday, soared 6.22%% from the previous trading day, before settling in for the closing price of $2.25. Within the past 52 weeks, ANRO’s price has moved between $1.60 and $17.55.
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The company achieved an average annual earnings per share of 1.07%. With a float of $21.49 million, this company’s outstanding shares have now reached $27.07 million.
In an organization with 76 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Alto Neuroscience Inc (ANRO) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Alto Neuroscience Inc is 20.61%, while institutional ownership is 76.53%. The most recent insider transaction that took place on Jul 09 ’24, was worth 152,085. In this transaction CHIEF MEDICAL OFFICER of this company bought 12,069 shares at a rate of $12.60, taking the stock ownership to the 36,920 shares. Before that another transaction happened on Jul 10 ’24, when Company’s CHIEF MEDICAL OFFICER bought 2,931 for $13.22, making the entire transaction worth $38,748. This insider now owns 39,851 shares in total.
Alto Neuroscience Inc (ANRO) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 1.07% per share during the next fiscal year.
Alto Neuroscience Inc (NYSE: ANRO) Trading Performance Indicators
Alto Neuroscience Inc (ANRO) is currently performing well based on its current performance indicators. A quick ratio of 22.53 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.34, a number that is poised to hit -0.60 in the next quarter and is forecasted to reach -2.76 in one year’s time.
Technical Analysis of Alto Neuroscience Inc (ANRO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.33 million. That was better than the volume of 0.28 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.54%.
During the past 100 days, Alto Neuroscience Inc’s (ANRO) raw stochastic average was set at 25.57%, which indicates a significant decrease from 38.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.26% in the past 14 days, which was lower than the 88.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.43, while its 200-day Moving Average is $4.99. However, in the short run, Alto Neuroscience Inc’s stock first resistance to watch stands at $2.51. Second resistance stands at $2.62. The third major resistance level sits at $2.78. If the price goes on to break the first support level at $2.24, it is likely to go to the next support level at $2.08. The third support level lies at $1.97 if the price breaches the second support level.
Alto Neuroscience Inc (NYSE: ANRO) Key Stats
Market capitalization of the company is 64.70 million based on 27,072K outstanding shares. Right now, sales total 0 K and income totals -61,430 K. The company made 0 K in profit during its latest quarter, and -15,170 K in sales during its previous quarter.