Alto Ingredients Inc. (NASDAQ:ALTO) went up by 3.96% from its latest closing price compared to the recent 1-year high of $11.44. The company’s stock price has collected 14.23% of gains in the last five trading sessions. Press Release reported on 09/13/21 that Alto Ingredients, Inc. Launches Enhanced Protein Project
Is It Worth Investing in Alto Ingredients Inc. (NASDAQ :ALTO) Right Now?
Alto Ingredients Inc. (NASDAQ:ALTO) scored a price-to-earnings ratio above its average ratio, recording 52.55 x from its present earnings ratio. Plus, the 36-month beta value for ALTO is at 2.98. Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for Alto Ingredients Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $11.67. ALTO currently public float of 69.70M and currently shorts hold a 15.54% ratio of that float. Today, the average trading volume of ALTO was 2.01M shares.
ALTO’s Market Performance
ALTO stocks went up by 14.23% for the week, with a monthly jump of 23.24% and a quarterly performance of 11.37%, while its annual performance rate touched -35.20%. The volatility ratio for the week stands at 4.54% while the volatility levels for the past 30 days are set at 4.90% for Alto Ingredients Inc.. The simple moving average for the period of the last 20 days is 15.94% for ALTO stocks with a simple moving average of -0.15% for the last 200 days.
ALTO Trading at 17.06% from the 50-Day Moving Average
After a stumble in the market that brought ALTO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.48% of loss for the given period.
Volatility was left at 4.90%, however, over the last 30 days, the volatility rate increased by 4.54%, as shares surge +18.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.12% upper at present.
During the last 5 trading sessions, ALTO rose by +14.23%, which changed the moving average for the period of 200-days by -6.02% in comparison to the 20-day moving average, which settled at $5.03. In addition, Alto Ingredients Inc. saw 6.45% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ALTO starting from NATHAN GILBERT E, who purchase 8,504 shares at the price of $4.85 back on Aug 30. After this action, NATHAN GILBERT E now owns 418,800 shares of Alto Ingredients Inc., valued at $41,244 using the latest closing price.
NATHAN GILBERT E, the Director of Alto Ingredients Inc., purchase 6,000 shares at $4.45 during a trade that took place back on Aug 20, which means that NATHAN GILBERT E is holding 410,296 shares at $26,700 based on the most recent closing price.
Stock Fundamentals for ALTO
Current profitability levels for the company are sitting at:
- +0.68 for the present operating margin
- +4.25 for the gross margin
The net margin for Alto Ingredients Inc. stands at -1.69. The total capital return value is set at 1.36, while invested capital returns managed to touch -3.79. Equity return is now at value 2.40, with 1.40 for asset returns.
Based on Alto Ingredients Inc. (ALTO), the company’s capital structure generated 36.54 points at debt to equity in total, while total debt to capital is 26.76. Total debt to assets is 21.71, with long-term debt to equity ratio resting at 27.18. Finally, the long-term debt to capital ratio is 19.91.
When we switch over and look at the enterprise to sales, we see a ratio of 0.42, with the company’s debt to enterprise value settled at 0.29. The receivables turnover for the company is 15.23 and the total asset turnover is 1.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.46.