Aligos Therapeutics Inc (NASDAQ: ALGS) is 17.95% higher on its value in year-to-date trading and has touched a low of $6.76 and a high of $30.00 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 ALGS stock was last observed hovering at around $17.85 in the last trading session, with the day’s gains setting it 1.73%.
Currently trading at $19.58, the stock is 94.58% and 93.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 9.69% at the moment leaves the stock 28.08% off its SMA200. ALGS registered 30.53% gain for a year compared to 6-month loss of 15.33%. The firm has a 50-day simple moving average (SMA 50) of $9.9504 and a 200-day simple moving average (SMA200) of $15.2767.
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The stock witnessed a 169.33% gain in the last 1 month and extending the period to 3 months gives it a 63.13%, and is 109.41% 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 28.58% over the week and 14.76% over the month.
Aligos Therapeutics Inc (ALGS) has around 66 employees, a market worth around $70.25M and $6.00M in sales. Profit margin for the company is -1283.19%. Distance from 52-week low is 189.64% and -34.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-137.84%).
The EPS is expected to grow by 70.31% this year
53.0 institutions hold shares in Aligos Therapeutics Inc (ALGS), with institutional investors hold 82.05% of the company’s shares. The shares outstanding are 2.88M, and float is at 2.54M with Short Float at 4.78%. Institutions hold 65.59% of the Float.
The top institutional shareholder in the company is ARMISTICE CAPITAL, LLC with over 7.26 million shares valued at $2.54 million. The investor’s holdings represent 4.6471 of the ALGS Shares outstanding. As of 2024-06-30, the second largest holder is ECOR1 CAPITAL, LLC with 6.39 million shares valued at $2.24 million to account for 4.0919 of the shares outstanding. The other top investors are DEEP TRACK CAPITAL, LP which holds 6.1 million shares representing 3.9083 and valued at over $2.14 million, while ADAGE CAPITAL PARTNERS GP, L.L.C. holds 3.202 of the shares totaling 5.0 million with a market value of $1.75 million.
