Astera Labs Inc. (NASDAQ: ALAB) is -12.40% lower on its value in year-to-date trading and has touched a low of $50.61 and a high of $95.21 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 ALAB stock was last observed hovering at around $57.52 in the last trading session, with the day’s loss setting it -3.18%.
Currently trading at $54.34, the stock is -7.91% and -16.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.76 million and changing -5.53% at the moment leaves the stock -20.31% off its SMA200.
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The stock witnessed a -14.99% in the last 1 month and extending the period to 3 months gives it a -27.08%, and is -4.47% down 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 5.61% over the week and 5.93% over the month.
Astera Labs Inc. (ALAB) has around 267 employees, a market worth around $8.45B and $163.39M in sales. Fwd P/E is 85.84. Profit margin for the company is -62.30%. Distance from 52-week low is 7.37% and -42.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.59%).
The EPS is expected to grow by 491.47% this year
The shares outstanding are 155.47M, and float is at 104.31M with Short Float at 7.57%.
Astera Labs Inc. (ALAB) Insider Activity
The most recent transaction is an insider sale by Mazzara Philip, the company’s General Counsel and Secretary. SEC filings show that Mazzara Philip sold 266 shares of the company’s common stock on May 16 ’24 at a price of $77.48 per share for a total of $20610.0. Following the sale, the insider now owns 0.36 million shares.
Astera Labs Inc. disclosed in a document filed with the SEC on Mar 22 ’24 that HURLSTON MICHAEL E. (Director) bought a total of 21,747 shares of the company’s common stock. The trade occurred on Mar 22 ’24 and was made at $36.00 per share for $0.78 million. Following the transaction, the insider now directly holds 0.12 million shares of the ALAB stock.
Still, SEC filings show that on Mar 22 ’24, LAZAR JACK R (Director) acquired 10,000 shares at an average price of $36.00 for $0.36 million. The insider now directly holds 165,000 shares of Astera Labs Inc. (ALAB).
