The stock has a 36-month beta value of 1.92. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ALTO is 70.59M, and at present, short sellers hold a 1.47% of that float. On April 26, 2024, the average trading volume of ALTO was 572.85K shares.
ALTO) stock’s latest price update
The stock price of Alto Ingredients Inc (NASDAQ: ALTO) has surged by 3.70 when compared to previous closing price of 1.89, but the company has seen a 1.55% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-25 that T, AGL and ALTO have been added to the Zacks Rank #5 (Strong Sell) List on March 25, 2023.
ALTO’s Market Performance
Alto Ingredients Inc (ALTO) has experienced a 1.55% rise in stock performance for the past week, with a -1.51% drop in the past month, and a 2.62% rise in the past quarter. The volatility ratio for the week is 3.15%, and the volatility levels for the past 30 days are at 4.80% for ALTO. The simple moving average for the last 20 days is -5.47% for ALTO stock, with a simple moving average of -33.81% for the last 200 days.
ALTO Trading at -6.09% 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 -60.60% of loss for the given period.
Volatility was left at 4.80%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares sank -10.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.63% lower at present.
During the last 5 trading sessions, ALTO rose by +0.80%, which changed the moving average for the period of 200-days by -47.84% in comparison to the 20-day moving average, which settled at $2.0618. In addition, Alto Ingredients Inc saw -26.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALTO starting from NATHAN GILBERT E, who purchase 5,000 shares at the price of $1.97 back on Jun 01 ’23. After this action, NATHAN GILBERT E now owns 583,909 shares of Alto Ingredients Inc, valued at $9,850 using the latest closing price.
NATHAN GILBERT E, the Director of Alto Ingredients Inc, purchase 5,000 shares at $1.99 during a trade that took place back on May 31 ’23, which means that NATHAN GILBERT E is holding 578,909 shares at $9,950 based on the most recent closing price.
Stock Fundamentals for ALTO
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.01 for the gross margin
The net margin for Alto Ingredients Inc stands at -0.02. The total capital return value is set at -0.04. Equity return is now at value -9.56, with -5.91 for asset returns.
Based on Alto Ingredients Inc (ALTO), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is -2.05.
Currently, EBITDA for the company is 14.1 million with net debt to EBITDA at -185.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.17. The receivables turnover for the company is 20.82for trailing twelve months and the total asset turnover is 2.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.59.
Conclusion
To sum up, Alto Ingredients Inc (ALTO) has seen a mixed 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.
