In the past week, ALTO stock has gone down by -0.43%, with a monthly gain of 6.01% and a quarterly plunge of -8.47%. The volatility ratio for the week is 4.76%, and the volatility levels for the last 30 days are 4.71% for Alto Ingredients Inc The simple moving average for the past 20 days is 1.16% for ALTO’s stock, with a -9.73% simple moving average for the past 200 days.
Is It Worth Investing in Alto Ingredients Inc (NASDAQ: ALTO) Right Now?
ALTO has 36-month beta value of 1.89. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ALTO is 72.72M, and currently, short sellers hold a 1.00% ratio of that float. The average trading volume of ALTO on December 19, 2024 was 772.20K shares.
ALTO) stock’s latest price update
Alto Ingredients Inc (NASDAQ: ALTO)’s stock price has increased by 1.63 compared to its previous closing price of 1.45. However, the company has seen a -0.43% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-29 that – Plant to Operate as a Terminal – PEKIN, Ill., Nov. 29, 2024 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, has announced that it will cold idle its Magic Valley, Idaho facility on December 31, 2024, yet continue to provide terminal services at the plant.
ALTO Trading at -5.25% 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 -50.86% of loss for the given period.
Volatility was left at 4.71%, however, over the last 30 days, the volatility rate increased by 4.76%, as shares surge +6.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.51% lower at present.
During the last 5 trading sessions, ALTO fell by -0.34%, which changed the moving average for the period of 200-days by -32.95% in comparison to the 20-day moving average, which settled at $1.4568. In addition, Alto Ingredients Inc saw -44.60% 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 ALTO starting from NATHAN GILBERT E, who purchase 25,000 shares at the price of $1.34 back on Nov 13 ’24. After this action, NATHAN GILBERT E now owns 700,575 shares of Alto Ingredients Inc, valued at $33,475 using the latest closing price.
NATHAN GILBERT E, the Director of Alto Ingredients Inc, purchase 5,000 shares at $1.32 during a trade that took place back on Nov 13 ’24, which means that NATHAN GILBERT E is holding 31,200 shares at $6,625 based on the most recent closing price.
Stock Fundamentals for ALTO
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.01 for the gross margin
The net margin for Alto Ingredients Inc stands at -0.04. The total capital return value is set at -0.06. Equity return is now at value -12.89, with -8.25 for asset returns.
Based on Alto Ingredients Inc (ALTO), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is -2.81.
Currently, EBITDA for the company is 2.6 million with net debt to EBITDA at -12.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.18. The receivables turnover for the company is 19.27for trailing twelve months and the total asset turnover is 2.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.22.
Conclusion
To put it simply, Alto Ingredients Inc (ALTO) has had a bad 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’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.
