ALLK has 36-month beta value of 0.91. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ALLK is 75.58M, and currently, short sellers hold a 7.40% ratio of that float. The average trading volume of ALLK on May 10, 2024 was 579.23K shares.
ALLK) stock’s latest price update
Allakos Inc (NASDAQ: ALLK)’s stock price has plunge by -7.36relation to previous closing price of 1.29. Nevertheless, the company has seen a 3.02% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-05-09 that Allakos (NASDAQ: ALLK ) just reported results for the first quarter of 2024. Allakos reported earnings per share of -50 cents.
ALLK’s Market Performance
Allakos Inc (ALLK) has experienced a 3.02% rise in stock performance for the past week, with a -1.24% drop in the past month, and a -10.82% drop in the past quarter. The volatility ratio for the week is 8.64%, and the volatility levels for the past 30 days are at 7.93% for ALLK. The simple moving average for the last 20 days is 8.27% for ALLK stock, with a simple moving average of -44.27% for the last 200 days.
Analysts’ Opinion of ALLK
Many brokerage firms have already submitted their reports for ALLK stocks, with Jefferies repeating the rating for ALLK by listing it as a “Hold.” The predicted price for ALLK in the upcoming period, according to Jefferies is $1.50 based on the research report published on January 17, 2024 of the current year 2024.
ALLK Trading at -2.53% from the 50-Day Moving Average
After a stumble in the market that brought ALLK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.81% of loss for the given period.
Volatility was left at 7.93%, however, over the last 30 days, the volatility rate increased by 8.64%, as shares surge +7.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.59% lower at present.
During the last 5 trading sessions, ALLK rose by +2.59%, which changed the moving average for the period of 200-days by -74.89% in comparison to the 20-day moving average, which settled at $1.1077. In addition, Allakos Inc saw -56.23% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ALLK
Current profitability levels for the company are sitting at:
- -20.83 for the present operating margin
- 0.54 for the gross margin
The net margin for Allakos Inc stands at -19.94. The total capital return value is set at -1.58. Equity return is now at value -77.50, with -58.95 for asset returns.
Based on Allakos Inc (ALLK), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -3.18. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -84.81.
Currently, EBITDA for the company is -189.91 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 9.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.92.
Conclusion
To put it simply, Allakos Inc (ALLK) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
