Astera Labs Inc (NASDAQ: ALAB) is -32.13% lower on its value in year-to-date trading and has touched a low of $36.22 and a high of $147.39 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 $93.27 in the last trading session, with the day’s loss setting it -3.37%.
Currently trading at $89.90, the stock is -9.10% and -23.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.72 million and changing -3.61% at the moment leaves the stock 17.77% off its SMA200. ALAB registered a gain of 119.75% in past 6-months.
The stock witnessed a -32.56% loss in the last 1 month and extending the period to 3 months gives it a 1.59%, and is -2.33% 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 6.16% over the week and 9.33% over the month.
Astera Labs Inc (ALAB) has around 440 employees, a market worth around $14.58B and $396.29M in sales. Fwd P/E is 52.42. Profit margin for the company is -21.05%. Distance from 52-week low is 148.24% and -39.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.63%).
with sales reaching $151.4M over the same period.The EPS is expected to grow by 50.02% this year, but quarterly earnings will post 70.42% year-over-year. Quarterly sales are estimated to grow 132.00% in year-over-year returns.
The shares outstanding are 162.02M, and float is at 116.84M with Short Float at 6.57%.
Astera Labs Inc (ALAB) Insider Activity
Astera Labs Inc disclosed in a document filed with the SEC on Dec 04 ’24 that Tate Michael Truett (Chief Financial Officer) sold a total of 16,000 shares of the company’s common stock. The trade occurred on Dec 04 ’24 and was made at $117.84 per share for $1.89 million. Following the transaction, the insider now directly holds 1.41 million shares of the ALAB stock.
Still, SEC filings show that on Dec 04 ’24, ALBA MANUEL (Director) disposed off 11,000 shares at an average price of $117.50 for $1.29 million. The insider now directly holds 456,863 shares of Astera Labs Inc (ALAB).
