Altimmune Inc (NASDAQ: ALT) is -29.78% lower on its value in year-to-date trading and has touched a low of $2.09 and a high of $14.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALT stock was last observed hovering at around $7.68 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $7.90, the stock is 18.59% and 11.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.52 million and changing 2.86% at the moment leaves the stock 11.49% off its SMA200. ALT registered 137.95% gain for a year compared to 6-month loss of -30.03%.
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The stock witnessed a 21.91% gain in the last 1 month and extending the period to 3 months gives it a -5.95%, and is 19.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.56% over the week and 9.14% over the month.
Altimmune Inc (ALT) has around 59 employees, a market worth around $560.11M and $0.41M in sales. Profit margin for the company is -22626.10%. Distance from 52-week low is 277.99% and -46.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-53.63%).
The EPS is expected to grow by 7.32% this year.
Altimmune Inc (ALT) Top Institutional Holders
The shares outstanding are 70.68M, and float is at 70.34M with Short Float at 31.62%.
Altimmune Inc (ALT) Insider Activity
The most recent transaction is an insider purchase by Drutz David,the company’sDirector. SEC filings show that Drutz David bought 300 shares of the company’s common stock on Aug 15 ’23 at a price of $2.88 per share for a total of $862.0. Following the purchase, the insider now owns 29785.0 shares.
