The stock of Alpha Teknova Inc (TKNO) has gone up by 9.21% for the week, with a 59.63% rise in the past month and a 89.90% rise in the past quarter. The volatility ratio for the week is 7.90%, and the volatility levels for the past 30 days are 9.99% for TKNO. The simple moving average for the past 20 days is 14.31% for TKNO’s stock, with a 130.84% simple moving average for the past 200 days.
Is It Worth Investing in Alpha Teknova Inc (NASDAQ: TKNO) Right Now?
The 36-month beta value for TKNO is at 0.35. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for TKNO is 10.62M, and currently, shorts hold a 3.02% of that float. The average trading volume for TKNO on November 08, 2024 was 212.72K shares.
TKNO) stock’s latest price update
Alpha Teknova Inc (NASDAQ: TKNO)’s stock price has gone rise by 11.90 in comparison to its previous close of 6.89, however, the company has experienced a 9.21% increase in its stock price over the last five trading days. globenewswire.com reported 2024-11-07 that Third quarter 2024 total revenue was $9.6 million, up 17% over the same quarter prior year Company lowers 2024 total free cash outflow outlook to less than $16 million Company reaffirms 2024 revenue guidance of $35-38 million
TKNO Trading at 39.08% from the 50-Day Moving Average
After a stumble in the market that brought TKNO to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.94% of gains for the given period.
Volatility was left at 9.99%, however, over the last 30 days, the volatility rate increased by 7.90%, as shares surge +36.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +58.51% upper at present.
During the last 5 trading sessions, TKNO rose by +5.52%, which changed the moving average for the period of 200-days by +135.76% in comparison to the 20-day moving average, which settled at $6.73. In addition, Alpha Teknova Inc saw 106.70% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TKNO starting from Telegraph Hill Partners IV, L., who purchase 12,096,773 shares at the price of $1.24 back on Jul 12 ’24. After this action, Telegraph Hill Partners IV, L. now owns 11,126,929 shares of Alpha Teknova Inc, valued at $14,999,999 using the latest closing price.
Lowell Matthew, the Chief Financial Officer of Alpha Teknova Inc, purchase 40,322 shares at $1.24 during a trade that took place back on Jul 12 ’24, which means that Lowell Matthew is holding 128,376 shares at $49,999 based on the most recent closing price.
Stock Fundamentals for TKNO
Current profitability levels for the company are sitting at:
- -0.8 for the present operating margin
- 0.17 for the gross margin
The net margin for Alpha Teknova Inc stands at -0.87. The total capital return value is set at -0.26. Equity return is now at value -41.51, with -27.65 for asset returns.
Based on Alpha Teknova Inc (TKNO), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -0.4. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is 247.52.
Currently, EBITDA for the company is -24.84 million with net debt to EBITDA at -0.87. When we switch over and look at the enterprise to sales, we see a ratio of 11.86. The receivables turnover for the company is 7.89for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.76.
Conclusion
In conclusion, Alpha Teknova Inc (TKNO) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
