Alkami Technology Inc (NASDAQ: ALKT) is 39.63% higher on its value in year-to-date trading and has touched a low of $14.93 and a high of $34.47 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALKT stock was last observed hovering at around $32.73 in the last trading session, with the day’s gains setting it 1.13%.
Currently trading at $33.86, the stock is 5.83% and 16.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing 3.45% at the moment leaves the stock 35.97% off its SMA200. ALKT registered 102.27% gain for a year compared to 6-month gain of 37.53%.
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The stock witnessed a 11.75% loss in the last 1 month and extending the period to 3 months gives it a 38.77%, and is 4.28% 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 4.14% over the week and 3.27% over the month.
Alkami Technology Inc (ALKT) has around 917 employees, a market worth around $3.30B and $280.96M in sales. Fwd P/E is 63.93. Profit margin for the company is -20.42%. Distance from 52-week low is 126.79% and -1.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.83%).
The EPS is expected to grow by 662.29% this year
The shares outstanding are 96.72M, and float is at 54.45M with Short Float at 2.99%.
Alkami Technology Inc (ALKT) Insider Activity
The most recent transaction is an insider sale by HILL W BRYAN, the company’s Chief Financial Officer. SEC filings show that HILL W BRYAN sold 100,000 shares of the company’s common stock on Jun 17 ’24 at a price of $25.72 per share for a total of $2.57 million. Following the sale, the insider now owns 0.49 million shares.
Alkami Technology Inc disclosed in a document filed with the SEC on Jun 06 ’24 that Bohanon Stephen (Chief Strategy & Product Offr.) sold a total of 22,171 shares of the company’s common stock. The trade occurred on Jun 06 ’24 and was made at $26.88 per share for $0.6 million. Following the transaction, the insider now directly holds 0.41 million shares of the ALKT stock.
Still, SEC filings show that on May 21 ’24, Bohanon Stephen (Chief Strategy & Product Offr.) disposed off 5,053 shares at an average price of $28.63 for $0.14 million. The insider now directly holds 444,499 shares of Alkami Technology Inc (ALKT).
