Allakos Inc (NASDAQ: ALLK) is -4.13% lower on its value in year-to-date trading and has touched a low of $0.54 and a high of $3.36 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 ALLK stock was last observed hovering at around $1.24 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $1.16, the stock is -0.02% and -0.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -6.45% at the moment leaves the stock 16.09% off its SMA200. ALLK registered -55.73% loss for a year compared to 6-month gain of 58.41%. The firm has a 50-day simple moving average (SMA 50) of $1.164 and a 200-day simple moving average (SMA200) of $0.9994.
The stock witnessed a 0.87% loss in the last 1 month and extending the period to 3 months gives it a 73.13%, and is -7.94% 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 9.02% over the week and 9.21% over the month.
Allakos Inc (ALLK) has around 131 employees, a market worth around $96.95M and $0.00M in sales. Distance from 52-week low is 116.82% and -65.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-164.81%).
The EPS is expected to grow by 30.84% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Allakos Inc (ALLK) Top Institutional Holders
93.0 institutions hold shares in Allakos Inc (ALLK), with institutional investors hold 83.34% of the company’s shares. The shares outstanding are 89.34M, and float is at 77.07M with Short Float at 1.09%. Institutions hold 81.57% of the Float.
The top institutional shareholder in the company is BVF INC/IL with over 16.55 million shares valued at $16.55 million. The investor’s holdings represent 18.8006% of the ALLK Shares outstanding. As of 2024-06-30, the second largest holder is NEA MANAGEMENT COMPANY, LLC with 6.15 million shares valued at $6.15 million to account for 6.9822 of the shares outstanding. The other top investors are DEEP TRACK CAPITAL, LP which holds 5.0 million shares representing 5.6791% and valued at over $5.0 million, while FMR LLC holds 5.3209 of the shares totaling 4.68 million with a market value of $4.68 million.
Allakos Inc (ALLK) Insider Activity
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Still, SEC filings show that on Dec 05 ’24, Alexander Robert (Officer) Proposed Sale 32,466 shares at an average price of $1.10 for $35765.0. The insider now directly holds shares of Allakos Inc (ALLK).
