Moreover, the 36-month beta value for ALLK is 0.94. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for ALLK is 76.92M and currently, short sellers hold a 2.23% of that float. On November 21, 2024, ALLK’s average trading volume was 668.10K shares.
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ALLK) stock’s latest price update
The stock price of Allakos Inc (NASDAQ: ALLK) has dropped by -7.01 compared to previous close of 1.01. Despite this, the company has seen a fall of -27.75% in its stock price over the last five trading days. zacks.com reported 2024-11-11 that Allakos (ALLK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
ALLK’s Market Performance
Allakos Inc (ALLK) has experienced a -27.75% fall in stock performance for the past week, with a -29.91% drop in the past month, and a 33.30% rise in the past quarter. The volatility ratio for the week is 12.05%, and the volatility levels for the past 30 days are at 13.99% for ALLK. The simple moving average for the past 20 days is -24.92% for ALLK’s stock, with a -9.32% simple moving average for the past 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 4.35% 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 -72.42% of loss for the given period.
Volatility was left at 13.99%, however, over the last 30 days, the volatility rate increased by 12.05%, as shares sank -10.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +54.91% upper at present.
During the last 5 trading sessions, ALLK fell by -27.75%, which changed the moving average for the period of 200-days by -28.31% in comparison to the 20-day moving average, which settled at $1.2510. In addition, Allakos Inc saw -65.60% 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 ALLK starting from Alexander Robert, who proposed sale 37,311 shares at the price of $0.58 back on Sep 11 ’24. After this action, Alexander Robert now owns shares of Allakos Inc, valued at $21,805 using the latest closing price.
Lee Chin Hyok, the Officer of Allakos Inc, proposed sale 45,320 shares at $0.65 during a trade that took place back on Sep 09 ’24, which means that Lee Chin Hyok is holding shares at $29,336 based on the most recent closing price.
Stock Fundamentals for ALLK
Current profitability levels for the company are sitting at:
- -14.79 for the present operating margin
- 0.68 for the gross margin
The net margin for Allakos Inc stands at -16.62. The total capital return value is set at -1.47. Equity return is now at value -121.68, with -87.64 for asset returns.
Currently, EBITDA for the company is -189.91 million with net debt to EBITDA at -0.16. When we switch over and look at the enterprise to sales, we see a ratio of 10.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.08.
Conclusion
To wrap up, the performance of Allakos Inc (ALLK) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
