Currently, there are 87.75M common shares owned by the public and among those 76.12M shares have been available to trade.
The company’s stock has a 5-day price change of 112.16% and 52.32% over the past three months. ALLK shares are trading -50.92% year to date (YTD), with the 12-month market performance down to -26.37% lower. It has a 12-month low price of $0.54 and touched a high of $3.40 over the same period. ALLK has an average intraday trading volume of 361.17K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 93.43%, 100.91%, and 23.86% respectively.
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Institutional ownership of Allakos Inc (NASDAQ: ALLK) shares accounts for 74.24% of the company’s 87.75M shares outstanding.
It has a market capitalization of $119.06M and a beta (3y monthly) value of 1.16. The earnings-per-share (ttm) stands at -$2.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 21.80% over the week and 11.65% over the month.
Earnings per share for the fiscal year are expected to increase by 28.05%, and 56.96% over the next financial year. EPS should grow at an annualized rate of 26.70% over the next five years, compared to 0.51% over the past 5-year period.
Looking at the support for the ALLK, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on January 17, 2024, with the firm’s price target at $6-$1.50. William Blair was of a view on December 18, 2023 that the stock is Outperform, while Jefferies gave the stock Buy rating on December 08, 2023, issuing a price target of $9- $6. JMP Securities on their part issued Mkt Outperform rating on September 27, 2023.
