The stock price of Alpha Teknova Inc (NASDAQ: TKNO) has jumped by 10.20 compared to previous close of 7.35. Despite this, the company has seen a gain of 12.66% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-09 that Alpha Teknova, Inc. (NASDAQ:TKNO ) Q3 2024 Earnings Conference Call November 7, 2024 5:30 PM ET Company Participants Jennifer Henry – Senior Vice President-Marketing Stephen Gunstream – President and Chief Executive Officer Matt Lowell – Chief Financial Officer Conference Call Participants Chad Wiatrowski – TD Cowen Lucas Baranowski – KeyBanc Capital Markets Vidyun Bais – BTIG Jacob Johnson – Stephens Matt Larew – William Blair Operator Hello, and welcome to Alpha Teknova Third Quarter 2024 Financial Results. At this time all participants are in a listen-only mode.
Is It Worth Investing in Alpha Teknova Inc (NASDAQ: TKNO) Right Now?
TKNO has 36-month beta value of 0.39. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for TKNO is 10.62M, and currently, short sellers hold a 2.58% ratio of that float. The average trading volume of TKNO on December 04, 2024 was 218.97K shares.
TKNO’s Market Performance
TKNO’s stock has seen a 12.66% increase for the week, with a 14.73% rise in the past month and a 82.43% gain in the past quarter. The volatility ratio for the week is 9.06%, and the volatility levels for the past 30 days are at 11.49% for Alpha Teknova Inc The simple moving average for the past 20 days is 16.52% for TKNO’s stock, with a 123.12% simple moving average for the past 200 days.
TKNO Trading at 29.26% 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 unable to rebound, for now settling with -3.11% of loss for the given period.
Volatility was left at 11.49%, however, over the last 30 days, the volatility rate increased by 9.06%, as shares surge +17.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +65.31% upper at present.
During the last 5 trading sessions, TKNO rose by +12.66%, which changed the moving average for the period of 200-days by +156.33% in comparison to the 20-day moving average, which settled at $6.95. In addition, Alpha Teknova Inc saw 117.16% 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:
- -0.77 for the present operating margin
- 0.16 for the gross margin
The net margin for Alpha Teknova Inc stands at -0.87. The total capital return value is set at -0.24. Equity return is now at value -33.90, with -24.14 for asset returns.
Based on Alpha Teknova Inc (TKNO), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at -1.08. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -27.96.
Currently, EBITDA for the company is -25.54 million with net debt to EBITDA at -0.96. When we switch over and look at the enterprise to sales, we see a ratio of 12.55. 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 4.73.
Conclusion
To put it simply, Alpha Teknova Inc (TKNO) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
