In the past week, ALPP stock has gone down by -14.29%, with a monthly decline of -23.04% and a quarterly plunge of -12.73%. The volatility ratio for the week is 9.38%, and the volatility levels for the last 30 days are 7.93% for Alpine 4 Holdings Inc. The simple moving average for the last 20 days is -16.92% for ALPP stock, with a simple moving average of -26.68% for the last 200 days.
Is It Worth Investing in Alpine 4 Holdings Inc. (NASDAQ: ALPP) Right Now?
and a 36-month beta value of 8.17. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price predicted for Alpine 4 Holdings Inc. (ALPP) by analysts is $2.75, which is $2.27 above the current market price. The public float for ALPP is 153.38M, and at present, short sellers hold a 7.18% of that float. On March 16, 2023, the average trading volume of ALPP was 502.91K shares.
ALPP) stock’s latest price update
Alpine 4 Holdings Inc. (NASDAQ: ALPP)’s stock price has decreased by -6.80 compared to its previous closing price of 0.51. Despite this, the company has experienced a -14.29% fall in its stock price over the last five trading sessions.
Analysts’ Opinion of ALPP
In the past week, ALPP stock has gone down by -14.29%, with a monthly decline of -23.04% and a quarterly plunge of -12.73%. The volatility ratio for the week is 9.38%, and the volatility levels for the last 30 days are 7.93% for Alpine 4 Holdings Inc. The simple moving average for the last 20 days is -16.92% for ALPP stock, with a simple moving average of -26.68% for the last 200 days.
Analysts’ Opinion of ALPP
Many brokerage firms have already submitted their reports for ALPP stocks, with Alliance Global Partners repeating the rating for ALPP by listing it as a “Buy.” The predicted price for ALPP in the upcoming period, according to Alliance Global Partners is $2.75 based on the research report published on August 23rd of the previous year 2022.
ALPP Trading at -19.63% from the 50-Day Moving Average
After a stumble in the market that brought ALPP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.47% of loss for the given period.
Volatility was left at 7.93%, however, over the last 30 days, the volatility rate increased by 9.38%, as shares sank -27.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.19% lower at present.
During the last 5 trading sessions, ALPP fell by -14.29%, which changed the moving average for the period of 200-days by -27.90% in comparison to the 20-day moving average, which settled at $0.5685. In addition, Alpine 4 Holdings Inc. saw -9.19% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ALPP
Current profitability levels for the company are sitting at:
- -41.94 for the present operating margin
- +14.91 for the gross margin
The net margin for Alpine 4 Holdings Inc. stands at -37.58. Equity return is now at value -18.90, with -9.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
Conclusion
To sum up, Alpine 4 Holdings Inc. (ALPP) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
