Allakos Inc (NASDAQ: ALLK) is -78.72% lower on its value in year-to-date trading and has touched a low of $0.23 and a high of $1.55 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 $0.26 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.26, the stock is -3.19% and -43.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 0.90% at the moment leaves the stock -68.23% off its SMA200. ALLK registered -80.34% loss for a year compared to 6-month loss of -53.44%. The firm has a 50-day simple moving average (SMA 50) of $0.4558 and a 200-day simple moving average (SMA200) of $0.81065.
The stock witnessed a -17.02% gain in the last 1 month and extending the period to 3 months gives it a -75.48%, and is -1.00% 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 4.52% over the week and 6.38% over the month.
Allakos Inc (ALLK) has around 131 employees, a market worth around $23.23M and $0.00M in sales. Distance from 52-week low is 12.94% and -83.44% 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 54.20% 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.
88.0 institutions hold shares in Allakos Inc (ALLK), with institutional investors hold 93.56% of the company’s shares. The shares outstanding are 89.34M, and float is at 75.74M with Short Float at 2.56%. Institutions hold 91.64% 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
Still, SEC filings show that on Mar 05 ’25, Radford Harlan Baird (Officer) Proposed Sale 14,161 shares at an average price of $0.26 for $3688.0. The insider now directly holds shares of Allakos Inc (ALLK).
