Altimmune Inc (ALT) concluded trading on Wednesday at a closing price of $7.04, with 3.63 million shares of worth about $25.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 156.00% during that period and on April 17, 2024 the price saw a loss of about -6.38%. Currently the company’s common shares owned by public are about 70.68M shares, out of which, 70.17M shares are available for trading.
However, the stock later moved at a day high price of 8.33, or with a loss of -6.38%. Stock saw a price change of -12.11% in past 5 days and over the past one month there was a price change of -22.47%. Year-to-date (YTD), ALT shares are showing a performance of -37.42% which increased to 29.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.09 but also hit the highest price of $14.84 during that period. The average intraday trading volume for Altimmune Inc shares is 5.03 million. The stock is currently trading -19.94% below its 20-day simple moving average (SMA20), while that difference is down -27.27% for SMA50 and it goes to 20.23% higher than SMA200.
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Altimmune Inc (NASDAQ: ALT) currently have 70.68M outstanding shares and institutions hold larger chunk of about 62.01% of that.
The stock has a current market capitalization of $499.14M and its 3Y-monthly beta is at 0.17. It has posted earnings per share of -$1.64 in the same period. It has Quick Ratio of 17.25 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALT, volatility over the week remained 7.75% while standing at 8.71% over the month.
Stock’s fiscal year EPS is expected to drop by -4.22% while it is estimated to decrease by -2.43% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on January 24, 2024 offering a Neutral rating for the stock and assigned a target price of $13 to it. Coverage by Goldman stated Altimmune Inc (ALT) stock as a Neutral in their note to investors on March 22, 2023, suggesting a price target of $6 for the stock. On December 01, 2022, Goldman Initiated their recommendations, while on December 29, 2021, Jefferies Resumed their ratings for the stock with a price target of $30. Stock get a Buy rating from H.C. Wainwright on June 02, 2021.
